Monday, 27 July 2015

The many faces of CSR - some concerns

CSR is ...

... a collection of small piecemeal fixes that cost millions whilst companies stand in the way of wider systemic reforms (The Atlantic)

... a response to and/or a driver of ineffective regulation and enforcement mechanisms (aka corruption) (NBER Working Paper)

... the antithesis of sustainable? doing as much (or as little) as the legal compliance frameworks deem necessary, social (green)washing, a disregard for systems change and an appropriation of cheap labour and culture... (Triple Pundit)

... old, redundant and anemic, desperately seeking new energy to bring about real change both within the organisations, which espouse it as well within the markets, economies and systems in which they operate? (New Global Citizen)

... missing an opportunity to respond to new consumer-driven preferences and evolving buying behaviour?
  • Tetra Pak research found that 60 per cent of consumers that they surveyed said that they would look for environmental information on products they buy and would be influenced by what they read
  • In a survey by Mintel, 60 per cent of respondents said that guaranteeing that ingredients used in its products are responsibly sourced was of major importance (Supplymanagement.com)
  • Several brands, such as Fairtrade, pay producers a higher wage than other buyer. They demonstrate the market for niche consumer groups that have a willingness and ability to pay a significant premium for higher quality product 
  • Labour Behind the Label also makes the point that paying producers a living wage for basic products, such as t-shirts, may mean increasing the retail price by only 3%, which is something that might be barely noticed by a customer


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http://www.supplymanagement.com/news/2015/responsible-sourcing-a-key-concern-for-majority-of-uk-consumers