What Does it Mean to be Socially Responsible?
“Consumers deserve to share in the good feelings associated with doing the right thing, and many surveys have found that consumers are inclined to purchase a sustainable product over a conventional alternative” – Susan Cooney, Head of Global Diversity
Social responsibility can be beneficial to your business in the long run. To be socially responsible means that individuals and companies have a duty to act in the best interests of their environment and society as a whole. Social Responsibility (SR), as it applies to business, is known as Corporate Social Responsibility (CSR). – Investopedia
Many companies, such as those with “green” policies, have made social responsibility an integral part of their business models, and they have done so without compromising profitability. Being a socially responsible business can actually bolster a company’s image and build its brand. Other benefits to being a socially responsible business are that it empowers employees and can boost employee morale which leads to greater productivity. Making it a win win for both your business and your people.
4 Corporate Responsibility Types Your Wellness Business Can Practice
These days consumers want to support eco-conscious businesses. Not only does the planet benefit from socially responsible business practices but you do too. In 2018, Forbes named the top socially responsible companies in the world. Topping the list was Google, followed closely by The Walt Disney Company and Lego, who at the time had just announced that it would begin manufacturing its pieces from plant-based sources. – Business Daily News