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A poll performed by the American Society for Quality found that while 96 percent of respondents indicated that their companies’ corporate stance toward social responsibility will greatly affect the United States’ economic future, more than 40 percent of them don’t have a social responsibility policy in place. In what may be the “Enron effect,” of those that did have such a policy in place, 70 percent of them reported doing so since 2001.The poll also reveals that two-thirds of the business leaders would implement a social responsibility policy primarily to maintain their brand image, enhance employee morale and reduce legal liability.
ASQ conducted the poll in preparation for its development of a global standard for social responsibility. In the wake of corporate scandals, environmental disasters, child-labor violations and dangerous work environments, the voluntary standard will provide consistent principles and direction for an organization’s commitment to social responsibility. Experts from the public and private sectors are invited to join the team that will develop the standard.
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