Why has Symbiosa Alliance adopted Corporate Sustainability approach rather than CSR?
CSR (Corporate Social Responsibility) has been damaged by companies getting the badge as an easy PR score. E.g. FTSE4good (a CSR index) groups 80% of FTSE companies and has no strong and clear differentiation – good CSR companies have been mixed up with poor ones. Corporate Sustainability subsumes CSR and as some evidence suggest can deliver 2-3 times faster growth than that for average companies. More importantly, Symbiosa Business Sustainability focuses on sustainability of a companys growth, which by default requires adherence to all aspects of CSR.
Related Questions
- What are the main problems Executives face in implementing Sustainability and Corporate Social Responsibility (CSR) in their Organizations?
- Why has Symbiosa Alliance adopted Corporate Sustainability approach rather than CSR?
- Why has Symbiosa Alliance adopted Business Sustainability approach rather than CSR?
