The Importance of Corporate Social Responsibility in Business Development

Use CSR to create a sustainable legacy. Business leaders look through the lens of supply chain management and discover how procurement leads positive change.

CSR. Corporate Social Responsibility.

Imagine proudly donning a brand, only to discover later that it has been associated with corrupt business practices, human fatalities, forced labour, species extinction, or major and minor environmental disasters. No consumer wants to be caught in such a situation. It's more than a lapse in common-sense where circumstances and these scenarios can occur, one that can have far-reaching consequences.

The pressures of low prices, time-to-market, and quick scaling can lead to a fast-company approach that carries inherent risks and increases the possibility of error. In this blog post, we'll explore why attention to ethics and the development of a sound corporate responsibility strategy are integral for the long-term success and positive impact of any organization.