Advancing Corporate Social Responsibility:
Challenges and Prospects for Companies and Law Firms
Around the world and across industries, the subject of corporate social responsibility (CSR) is gaining unprecedented attention both for the business sector and the legal profession. Reports of the negative social and environmental impact of products, services and operations of companies and their supply chains reach the press on a regular basis, and consumers, shareholders and civil society are increasingly demanding greater accountability for corporate activity.
At the same time, many companies and law firms already engaging with CSR practices are reporting improved company performance at many levels from enhanced reputations and stronger brands, to happier, healthier, and more productive work forces, to lower costs from reduced carbon emissions and other environmental measures. Responsible business has tremendous potential for companies and stakeholders alike.