Welcome Saturday, July 05, 2008
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is a concept with growing currency across the globe. It involves looking at how companies take account of social and environmental factors and how these can impact on their reputation among consumers and in the business world.
The involvement of procurement and supply management professionals in CSR policies is increasingly crucial. Sourcing from low-cost countries, for example, is an area fraught with dangers for the procurement function and the business as a whole. Senior procurement managers are ideally placed to input expert knowledge and experience in discussions of low-cost country sourcing in a way that can help reduce the risk of extremely damaging publicity or dealing with costly legal challenges.
It is therefore imperative for procurement and supply chain departments to build constructive relationships with key stakeholders while increasing business transparency and good governance. In this way they can play a pivotal role in shaping the business in a sustainable and competitive way, making sure the highest ethical standards are followed.
The mentality of "out of sight, out of mind" outsourcing is a serious mistake.
CSR NEWS
- Massive increase in green energy investment, report claims
Thu, 03 Jul 2008 13:25:58 - Green transport procurement plans unveiled by EU
Thu, 03 Jul 2008 12:50:51 - Massive increase in green energy investment, report claims
Wed, 02 Jul 2008 08:03:01 - Zara becomes latest victim of ethical sourcing storm
Tue, 24 Jun 2008 15:07:33 - BBC investigation places spotlight on ethical sourcing
Mon, 23 Jun 2008 12:19:57
CSR ARTICLES
- The bitter fruit of poor PR
Tue, 17 Jun 2008 09:18:38 - Hard Facts: Ethical and Sustainable Sourcing roundtable
Mon, 16 Jun 2008 16:07:01 - Opinion: Risk and reward
Mon, 16 Jun 2008 15:59:41 - Profile: Luis Ferreira - Power House
Mon, 16 Jun 2008 14:25:13 - Profits up, emissions down
Fri, 13 Jun 2008 15:31:17
