The second dimension deals with societies concerns, like environmental and product safety issues. ... A recent analyses performed by DePaul University found that companies found in the Business Ethics Best Citizen performed ten percentile points higher than the mean ranking of the rest of the companies in the S & P 500 Index. (BSR) "Companies with a public commitment to ethics perform better on three out of four financial measures that those without. ... (CRSEurope) Corporate social responsibility has had a big impact on environmental factors. ... "86 percent of investors believe that ...

• Word Count: 1746
• Approx Pages: 7
• Grade Level: Undergraduate

Introduction Thomas Donaldson, Professor of Legal Studies and Business Ethics and of Philosophy, defines corporate social responsibility as a concern for the well being of non-owners and a commitment to integrity, fairness and respect for people in communities. ... Based on Starbucks' responsibility report they are making many efforts to be more socially and environmentally conscious by stating goals for numerous issues. ... CAFE is a "comprehensive coffee-buying program that ensures coffee quality while promoting social, economic and environmental standards " which was developed through...

• Word Count: 2434
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

These areas include being profitable while obeying all laws and regulations including environmental and consumer laws. ... If consumers" see that a firm has a great reputation with it's public for being for example, environmentally cautious, they will be more likely to buy that product or service. ... (www.jnj.com) Johnson & Johnson's actions were unusually decisive at the time, considering how costly it was, but soon the companies" actions received worldwide praise and recognition and would be rated number one in 1987 on community and environmental responsibility. ... These firms ca...

• Word Count: 1594
• Approx Pages: 6
• Grade Level: Undergraduate

Corporate social responsibility is the organization's commitment to run in an environmentally and economically sustainable manner while simultaneously acknowledging the interests of its stakeholders, that is, consumers, shareholders, employees, community, government and the environment. ... The Department can commence this by reviewing the current code of ethics of the company and consequently develop a code of conduct that is integrity-based. Such kind of code of ethics is focused on preventing unwanted behavior, such as illegal acts. ...

• Word Count: 1760
• Approx Pages: 7
• Has Bibliography
• Grade Level: Graduate