See Wha t’s N e w In side ! AUG. 20 - SEPT. 2, 2024 Is Corporate Social Responsibility really worth it in today’s society? I BY JOSE C. ROMANO CSR can indeed boost financial perform- ance. According to another report by the n the complicated world of cor-...
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See Wha t’s N e w In side ! AUG. 20 - SEPT. 2, 2024 Is Corporate Social Responsibility really worth it in today’s society? I BY JOSE C. ROMANO CSR can indeed boost financial perform- ance. According to another report by the n the complicated world of cor- porate decision making, where Harvard Business Review, companies with profits reign supreme and con- strong sustainability initiatives often out- sumers sometimes feel like a perform their counterparts in stock market means to an end, a newish con- performance and profitability. Another cept has taken center stage: Corporate So- study by Nielsen found that 66 percent of cial Responsibility (CSR). global consumers are willing to pay more Promising to balance the fine line be- for sustainable brands, indicating a clear fi- tween altruism and capitalism, CSR is a nancial incentive for CSR. modern-day balancing act for corporations, But although many companies embrace hoping to impress us with their ethics while this broad vision of CSR,
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