Why corporate responsibility makes business sense
Learning2021-04-08T19:22:12+00:00Being a socially responsible business often involves higher material and labour costs. But there is a business case to be made for being a good corporate citizen. In a competitive labour market, employees are drawn to companies that have a good track record for responsible behaviour, such as environmental protection. By being a good role model, a company will attract people who have skills such as innovativeness, leadership and the ability to work in teams. And by treating employees responsibly, costly employee turnover is minimized. It is also good for a business to stand out from the crowd—for the right reasons [...]

