How does Corporate Social Responsibility (CSR) make good business sense?
Businesses that practice CSR attract informed customers. A Globe Scan poll conducted for its annual Corporate Social Responsibility Monitor shows that 83% of Canadians believe that corporations should go beyond their traditional economic role. Over half say they have punished a socially irresponsible company in the past year. Businesses are starting to understand their need to demonstrate corporate social responsibility. In 2002, KPMG found that 45% of the top 250 Fortune Global 500 companies issue environmental, social or sustainability reports.
