Corporate Social Responsibility
In 2006 in estimated USD 2,3 trillion out of 24 trillion was invested in companies that rate high on some measure of social responsibility. Many larger companies now have a senior level corporate officer who is charged with directing the organization's corporate social initiatives.
Exporters and manufactures have to care about CSR.
Ochoa and Heslin point to five historically documented key advantages of Corporate Social Responsibility programs:
• Growth in Market Share
• Organizational Learning
• Committed and Engaged Employees
• External Stakeholders
• Financing and Investor Relations
The authors go on lay out 7 ways to implement a Corporate Social Responsibility program:
Principle
1: Cultivate Needed TalentPrinciple
2. Develop new marketsPrinciple
3. Protect labor welfarePrinciple
4. Reduce your environmental footprintPrinciple
5. Profit from by-productsPrinciple
6. Involve customersPrinciple
7. Green your supply chain
and there are much more CSR resources as well as case studies.