SlideShare una empresa de Scribd logo
1 de 2
Descargar para leer sin conexión
Why Your Company Needs to be Socially
Responsible
Social responsibility for a company means both improving the lives of its employees and
improving the environment and society. Modern industries no longer have the luxury of
carelessly harming the environment and denying human rights without a negative impact on their
image and their sales. A study of 10 different countries by the public relations and marketing
firm Cone Communications and Echo Research found that 90% of consumers said they would
boycott socially irresponsible businesses and that 53% have boycotted a product in the past year.
The Biggest Consumer Concerns
Social media is playing a major part in the rise of corporate social responsibility. Anyone can
share information about any company with anyone in the world and roughly a third of social
media users do share information about companies. It is much more difficult to hide a scandal
than it was in the past. The top social issues that consumers care about are:
 Human Rights
 Extreme Poverty
 The Environment
Human rights activists and charities can be found all over the internet and the media. Companies
that profit from exploiting children, women and poverty are publicly shamed. Increasingly, laws
are written against socially irresponsible companies to disrupt their sales and operations in
countries with higher expectations of human rights.
The Global Exchange Top 10 Corporate Criminals List is typical of the response of human rights
and environmental activists to companies that seek profit without any interest in human welfare
or the future of the world.
How Social Responsibility Effects the Travel Industry
The travel industry crosses country lines, but if you exploit the lower wages, lack of human
rights, or the environment, your company will develop a bad image that can last for several
decades. For example, exploiting women or children for sexual slavery or prostitution in extreme
poverty may sell tickets to wealthy and lustful men, but no family can vacation there. The
terrible human rights reputation will frighten families that want to protect their children from
predators, and other socially conscious consumers will turn their nose up at a socially
irresponsible company. That is only one example, but assume that destroying your employees
and the environment will damage your profits and your company image for years to come.
William Doonan is a tax law and legal expert.

Más contenido relacionado

Destacado

Fshehtësia e sprovës. albanian (shqip)
Fshehtësia e sprovës. albanian (shqip)Fshehtësia e sprovës. albanian (shqip)
Fshehtësia e sprovës. albanian (shqip)HarunyahyaAlbanian
 
Synergy GIZ and Counterparts
Synergy GIZ and CounterpartsSynergy GIZ and Counterparts
Synergy GIZ and CounterpartsRio Wicaksono
 
Lng Integrated Model
Lng Integrated ModelLng Integrated Model
Lng Integrated Modelpaoloboi
 
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua Austria
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua AustriaCaja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua Austria
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua AustriaNydia Paniagua Austria
 
Presentation carmela
Presentation  carmelaPresentation  carmela
Presentation carmelamilalito24
 
Prezantimi Sakuli Sing & Printing
Prezantimi Sakuli Sing & PrintingPrezantimi Sakuli Sing & Printing
Prezantimi Sakuli Sing & PrintingKlensi Guga
 
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSE
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSEResolución de admisión del TCP sobre la inconstitucional que planteó el TSE
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSEErbol Digital
 

Destacado (11)

Fshehtësia e sprovës. albanian (shqip)
Fshehtësia e sprovës. albanian (shqip)Fshehtësia e sprovës. albanian (shqip)
Fshehtësia e sprovës. albanian (shqip)
 
Synergy GIZ and Counterparts
Synergy GIZ and CounterpartsSynergy GIZ and Counterparts
Synergy GIZ and Counterparts
 
Lng Integrated Model
Lng Integrated ModelLng Integrated Model
Lng Integrated Model
 
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua Austria
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua AustriaCaja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua Austria
Caja de herramientas YO NO ABANDONO-Lic. Nydia Paniagua Austria
 
Final
FinalFinal
Final
 
Presentation carmela
Presentation  carmelaPresentation  carmela
Presentation carmela
 
Porfolio
PorfolioPorfolio
Porfolio
 
Prezantimi Sakuli Sing & Printing
Prezantimi Sakuli Sing & PrintingPrezantimi Sakuli Sing & Printing
Prezantimi Sakuli Sing & Printing
 
Trahiejra
TrahiejraTrahiejra
Trahiejra
 
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSE
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSEResolución de admisión del TCP sobre la inconstitucional que planteó el TSE
Resolución de admisión del TCP sobre la inconstitucional que planteó el TSE
 
Govindaraju TG
Govindaraju TGGovindaraju TG
Govindaraju TG
 

Último

TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdfChris Skinner
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxappkodes
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdfChris Skinner
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Environmental Impact Of Rotary Screw Compressors
Environmental Impact Of Rotary Screw CompressorsEnvironmental Impact Of Rotary Screw Compressors
Environmental Impact Of Rotary Screw Compressorselgieurope
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...ssuserf63bd7
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Americas Got Grants
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers referencessuser2c065e
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAScathy664059
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverseSiemens
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingrajputmeenakshi733
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Anamaria Contreras
 

Último (20)

TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
Appkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptxAppkodes Tinder Clone Script with Customisable Solutions.pptx
Appkodes Tinder Clone Script with Customisable Solutions.pptx
 
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
Environmental Impact Of Rotary Screw Compressors
Environmental Impact Of Rotary Screw CompressorsEnvironmental Impact Of Rotary Screw Compressors
Environmental Impact Of Rotary Screw Compressors
 
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...Church Building Grants To Assist With New Construction, Additions, And Restor...
Church Building Grants To Assist With New Construction, Additions, And Restor...
 
Excvation Safety for safety officers reference
Excvation Safety for safety officers referenceExcvation Safety for safety officers reference
Excvation Safety for safety officers reference
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAS
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Interoperability and ecosystems: Assembling the industrial metaverse
Interoperability and ecosystems:  Assembling the industrial metaverseInteroperability and ecosystems:  Assembling the industrial metaverse
Interoperability and ecosystems: Assembling the industrial metaverse
 
digital marketing , introduction of digital marketing
digital marketing , introduction of digital marketingdigital marketing , introduction of digital marketing
digital marketing , introduction of digital marketing
 
Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.Traction part 2 - EOS Model JAX Bridges.
Traction part 2 - EOS Model JAX Bridges.
 

Why Your Company Needs to be Socially Responsible

  • 1. Why Your Company Needs to be Socially Responsible Social responsibility for a company means both improving the lives of its employees and improving the environment and society. Modern industries no longer have the luxury of carelessly harming the environment and denying human rights without a negative impact on their image and their sales. A study of 10 different countries by the public relations and marketing firm Cone Communications and Echo Research found that 90% of consumers said they would boycott socially irresponsible businesses and that 53% have boycotted a product in the past year. The Biggest Consumer Concerns Social media is playing a major part in the rise of corporate social responsibility. Anyone can share information about any company with anyone in the world and roughly a third of social media users do share information about companies. It is much more difficult to hide a scandal than it was in the past. The top social issues that consumers care about are:  Human Rights  Extreme Poverty  The Environment
  • 2. Human rights activists and charities can be found all over the internet and the media. Companies that profit from exploiting children, women and poverty are publicly shamed. Increasingly, laws are written against socially irresponsible companies to disrupt their sales and operations in countries with higher expectations of human rights. The Global Exchange Top 10 Corporate Criminals List is typical of the response of human rights and environmental activists to companies that seek profit without any interest in human welfare or the future of the world. How Social Responsibility Effects the Travel Industry The travel industry crosses country lines, but if you exploit the lower wages, lack of human rights, or the environment, your company will develop a bad image that can last for several decades. For example, exploiting women or children for sexual slavery or prostitution in extreme poverty may sell tickets to wealthy and lustful men, but no family can vacation there. The terrible human rights reputation will frighten families that want to protect their children from predators, and other socially conscious consumers will turn their nose up at a socially irresponsible company. That is only one example, but assume that destroying your employees and the environment will damage your profits and your company image for years to come. William Doonan is a tax law and legal expert.