Corporate Social Responsibility in Asia: Practice and Experience
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Publications Publications. If was about speaking truth to power, will be focused on concrete change, both in terms of internal reporting policies and addressing workplace inequality. Much of the CEO and corporate activism we witnessed this year came in response to presidential announcements.
But we can also expect more focused action, with companies designating social or policy areas where they can make the most impact and devoting more resources toward proactive initiatives. Along these lines, with the influx of natural disasters we saw in , companies will invest more resources into prevention, mitigation and climate resilience rather than just recovery.
To protect their businesses, supply chains and communities, companies must invest in innovative technology, redefine business models, and support policies that can address critical climate-related challenges. With the heightened expectations on corporations as influencers in the social and environmental sphere, more companies are bringing CSR into the C-Suite. According to research from BCCCC, the number of companies directing corporate citizenship from the C-Suite has increased nearly 75 percent compared to five years ago. We talk a lot about how consumer expectations and demand have contributed to companies becoming more purpose-driven and sustainable.
With all the headlines in , data breaches flew comparatively under the mainstream media radar. That has been on the radar for many years by top executives. With these ongoing breaches, it is clear that all companies need to protect personal information more diligently.
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