Friday, September 14, 2018

Most Executives Believe in the Business Case for CSR. So Why Don’t They Invest More in It?

Companies achieve remarkable things. They create products for customers, financial returns for investors, and jobs for employees. At the same time, they develop medications that cure deadly diseases, technologies that bring internet access to every corner of the earth, and by making more and more amenities and technologies easily affordable, they steadily increase our general quality of life.

But companies also do terrible things. They set up workplaces such that employees are dying for a paycheck, they cause environmental catastrophes such as oil spills or deforestation, and they sell our data to whoever bids the most for it, possibly to manipulate us not only to buy products but also to vote for specific candidates in political elections.

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