Corporate responsibility is about how you take account of economic, social and environmental impacts in the way you operate your business.
CR is typically seen as the voluntary actions that you can take, over and above compliance with minimum legal requirements to address both your own competitive interests and the interest of wider society.
There is a strong business case for corporate responsibility as it can help to build sales, develop the workforce, boost enthusiasm and innovation, enhance trust and confidence, and increase your company's reputation and standing. Pursuing responsible business practices can make your company more competitive.
The supply chain is often at the core of CR issues for businesses as they look to incorporate sustainability into the whole procurement process: defining the need, evaluating options, design and specifying, supplier selection, tender evaluation, post-contract management and supplier development. For example, whole-life costing is a key tool in obtaining best value as energy efficient products often have an increased capital cost that is more than offset by reduced operating costs.
The next step
An important element of the ENWORKS programme is to encourage businesses to
adopt responsible practice not only environmental, but also within the marketplace,
community and workplace. Contact the Business Environment Support Team on
0151 726 2740 and we'll help you with simple steps to put the principles
into action, advising on how you can report progress to your customers and
stakeholders and stay ahead of the competition.
