CSR Flashcards
what are the 8 dimensions of CSR
animal welfare
environment
community
fairtrade
procurement
labour and human rights
health and safety
biotechnology
animal welfare in CSR
companies have lowered costs with factory farming/intensified farming. this has lead to questionable animal welfare practises
environment in CSR
disposal of manure, soil and water damage etc
subsequently food retailers need to demonstrate responsible environmental practices
logistic challenges with organic food such as short shelf life lower yield fewer producers
community aspects of CSR
community aspects provide support to the local community through educational support, economic development, etc
revolves primarily around financial donations and thus decreases due to pressure from investors
biotechnology in CSR
biotechnology offers a list of improvements in the food industry.
consumers are concerned about the trade-offs of biotechnology and tend to boycott or protest industry practises
fair trade in CSR
fair trade is that food retailers offer a fair price to suppliers that allow these suppliers to not only avoid poverty but also sustain business longevity
procurement in CSR
buying and selling.
relates to the procurement process: showing partially to suppliers, failure to provide prompt responses to customers. power abuse of super markets.
Health and safety in CSR
huge in the agri-food industry
traceability has become a big part throughout the supply chain as a way to help industries isolate problems
healthy lifestyles creates an important CSR as obesity has been blamed on fast food thus face pressure to support healthier eating
labour and human rights
problems stem from unauthorised work and child labour
poisoning from pesticides
seasonality of cyclical nature of the product
firms that are able to attract select and retain highly skilled educated and motivated employees should outperform those that do not
