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Doing good socially for businesses


Wicks achieved this by starting the nonprofit Philadelphia Fair Food Project, which helps build the supply lines between sustainable farmers and local restaurants (14th Annual, 3). She has also been active in world peace, trying to conquer hunger, and bringing business to minority neighborhoods and many other achievements. In Judy's own words, the living economy is about "how beautiful business can be when it's a vehicle of expressing love- (14th Annual, 4).
             Other benefits of a company being socially responsible are reducing operating cost and increasing productivity and quality. CSR initiatives that are aimed at improving environmental performance-"such as reducing emissions of gases that contribute to global climate change or reducing use of agrochemicals--lower costs. "Many recycling initiatives cut waste disposal costs and generates income by selling recycled materials- (Overview, 1). Improvements in productivity and quality can happen when a company makes efforts to improve working conditions, lessen environmental impacts or increase employee involvement in decision-making. "For example, companies that improve working conditions and labor practices among their suppliers often experience a decrease in merchandise that is defective or can't be sold- (Overview, 2).
             A company who has been able to improve its working conditions and internal standards is Timberland. This company has not only made significant changes in how it does business, but is also set to help global businesses. Timberland, to follow new auditing standards, "uses both internal and external resources to evaluate factories- (www.Timberland.com, 1). "In 2000-2001, all facilities making Timberland products, including tanneries and major component suppliers, were audited- (Monitoring of Global Supply Chain Practices, 9). These auditing efforts have helped improve worker conditions, quality, employee compensation, overtime payments, discrimination, and also issues of health and safety (www.


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