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As pressure is added by consumers seeking to make more responsible choices and by the constraints of ever-dwindling natural resources, more companies are incorporating sustainable strategies and adopting more socially responsible practices. Corporate social responsibility, or CSR, is the business practice of pursuing social and environmental gains, alongside financial gains. As the push for companies that do good increases, corporations of all sizes are looking for ways to incorporate sustainable business practices into their everyday.
MORE IDEAS FROM THE SAME ARTICLE
Demands for disclosure for companies to reveal what's under the hood of their businesses have become commonplace among consumers.
As the issue of economic inequality rises to the forefront of many political debates, so does the issue increasingly press upon corporations.
Localization is in. Even companies that operate on a global level are recognizing the value of local markets and supply chains. This is not only to reduce carbon emissions that might be associated with transportation or supply chain costs (as creating "greener" businesses is also a rising CSR tre...
Gone are the days of rampant resource usage without any accountability or thought toward replenishment. Climate change continues to drive many conversations in the corporate world, and multiple trends in CSR intersect at this topic.
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