Contributing to a better society Integrating social and environmental concerns in business The Triple Bottom Line – people, planet and profit
Regulatory frameworks ISO 26000 Social responsibility – voluntary guidance Environmental protection Health and safety legislation Human rights legislation Compliance with employment legislation Environmental issues Recycling policies Sustainability Use of packaging Logistics of delivery, congestion Use of scarce resources Pollution Carbon footprint Economic and political issues Location of suppliers Supporting local business Supporting developing countries Fair trade Non acceptance of global agreements e.g. Kyoto Social and community issues Employing socially disadvantaged and disabled people Sponsorship Encouraging education and training Volunteering 2. Understand the impact of corporate social responsibility policy on different stakeholders Benefits to employees Improved working conditions Lack of discrimination Compliance with legislation Whistleblowing policy Impacts on supply chain Ethics in production Responsible sourcing Reduced transport costs Reduced carbon footprint Use of technology in supply chain management Impacts on business performance Improved Benefits to employees Improved working conditions Lack of discrimination Compliance with legislation Whistleblowing policy Impacts on supply chain Ethics in production Responsible sourcing London School of International Business | www.LSIB.co.uk
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