The Triple Bottom Line (TBL) framework is an innovative approach in management that broadens the traditional reporting framework to include ecological and social performance in addition to financial performance. This model is particularly important in today’s socially conscious market, where consumers and investors are increasingly making decisions based on not only the financial performance of […]
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When Sustaining Stakeholder Interest Is Essential: The Importance of Corporate Social Responsibility (CSR) Sources of Value
Contributed by Joseph Robinson on October 3, 2019 in Corporate Communications, Organization, Change, & HR
Companies face increasing pressure from governments, competitors, and employees to play a leading role in addressing a wide array of environmental, social, and governance issues in a company’s supply chain. It could range from climate change to obesity to human rights. For the past 30 years, companies have responded by developing corporate social responsibility or […]