Why Does CSR Matter?

The Problem - Impending regulations, hidden cost savings, brand image. There are many reasons why CSR matters to a business. Unfortunately, managing sustainability in an organization is complex with a lot of information, data in multiple spreadsheets, in different places, not to mention managing information about the sustainability of suppliers. Many companies struggle to automate, analyze and visualize the diverse environmental and social aspects.

The global marketplace is a competitive environment where having immediate access to the right information is paramount to business success. Savvy companies know that managing their sustainability and that of the supply chain can have a major impact on the (triple) bottom line. Using natural resources efficiently reduces costs associated with energy and water consumption, waste generation and regulatory compliance. It also helps minimize the risk of fines and penalties, operational disruptions and negative impacts to corporate image.

As sustainability moves from the periphery to the heart of business and government, organizations are finding that the transition comes with a price and a prize. The price is the fundamental transformation required to integrate sustainability into the fabric of the organization. The prize, however, is tantalizing: the opportunities for organizations to outperform their peers, supercharge their brands and reputations, and achieve high performance. - Accenture