Consumer Demand Shapes Corporate Social Responsibility
This post is in reference to an article I read by Geri Stengel and that article can be found at the following web address:
I strongly agree with Geri in her article “Consumer Demand Shapes Corporate Social Responsibility” as I too believe it is up to consumers to demand corporate responsibility from corporations who are providing goods and services. Consumers need to be aware of how their purchase decisions affect the global economy and by choosing to purchase products from businesses that promote ethical practices it can be seen that every little bit makes a difference.
As consumers we need to be more socially responsible and ensure that when making purchases that we are making mindful decisions. It is up to us to demand that ethical standards are being met by corporations and in turn increasing our overall demand for social responsibility and sustainability. It can already be seen that companies are putting more effort into promoting ethical practices within their businesses, as shown by several major corporations, such as Wal-Mart who now publish detailed sustainability and social responsibility reports. For the most part, individuals in today’s society make purchasing decisions based on price and simply aren’t aware of how or why some companies are able to offer goods for such low prices in the majority of circumstances.
I’m not saying that we all need to look at a company’s history and how certain products were produced before each and every time we make a purchasing decision, but when possible it is something that we all need to take in consideration. If we all do our part and promote ethical practices within businesses we will continue to see an improvement worldwide. In the end, we all need to help in any which way we can and not only talk about social good; we have to demand it.
By: Thomas Elliott
By: Thomas Elliott