Sustainability Advisory Services – A Necessity for Corporate Social Responsibility
What do sustainability advisory services have to do with corporate social responsibility (CSR)? Plenty. After all, aren’t both of these strategies important for businesses? Absolutely. However, the one key difference between them is that making your business sustainable isn’t just a “nice to have” – it’s an absolute necessity. Here’s why. Why Sustainability Matters First and foremost, sustainability is essential because it has a direct bearing on CSR efforts. Without sustainable practices in place, businesses won’t be able to support their CSR initiatives in the long run. For instance, if a company doesn't make an effort to reduce its environmental impact, then any “green” initiatives it undertakes are likely to be short-lived at best. Sustainability goes hand-in-hand with other aspects of CSR, such as ethical sourcing and fair labor practices. Businesses must ensure that their supply chains are free from forced or child labor and that no conflicts of interest exist between t