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Tag: CSR

  • Responsible Purchasing Policy

    Responsible Purchasing Policy A responsible purchasing policy involves embedding sustainability principles into all stages of a company’s procurement process. This includes selecting suppliers, evaluating products or services, and managing the supply chain to ensure economic, environmental, and social criteria are considered. The goal is to minimize negative impacts, promote ethical sourcing, and drive long-term value…

  • Corporate Sustainability Reporting

    Corporate Sustainability Reporting Corporate Sustainability Reporting is a form of non-financial reporting that enables companies to communicate their progress towards sustainability goals across ESG parameters. It involves disclosing both positive and negative impacts of their actions, as well as risks and opportunities related to sustainability. The primary objective is to drive concrete actions and set…

  • Corporate Responsibility

    Corporate Responsibility Corporate Responsibility, also known as Corporate Social Responsibility (CSR), refers to a corporation’s ethical obligations to its stakeholders and society at large. It encompasses the idea that businesses should not only aim for financial success but also consider their impact on the environment, communities, employees, customers, and other stakeholders. CSR is generally understood…