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Compeititve Advantage Goes for CSR

| Thursday January 26th, 2006 | 0 Comments

The Competitive Advantage has an interesting short piece on CSR which states basically what we’ve been saying all along – that companies that do not address some interpretation of social/environmental responsibility will ultimately be at a competitive disadvantage.
The article also exposes a debate – how much of this can be expected voluntarily, and how much will require additional regulation? Although 1/3 of companies in the article are addressing the issue in some manner (however superficially) a mere 1% are actually bringning in third-party ‘auditors’ to validate their own claims. The expectation, therefore, is that increasing regulation is not only needed, but inevitable.


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