Social Impact
We’ve talked about the research that supports corporate responsibility as a profit diver. Let’s talk examples of how corporate responsibility increases revenue: lower employee turnover which saves money; a significant portion of consumers follow corporate policies and support corporate responsibility, think of the backlash from Target’s anti-DEI choice that caused losses in the billions; will boycott business think of the billions; and corporate responsibility can save your business revenue such as energy efficient lighting or solar installations.
Business.com | Can You Make a Profit and Be Socially Responsible?
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