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Need a brief explanation for the below Go ahead with Phase one by drafting the policy based on best practices of similar organization - Prepare

Need a brief explanation for the below

Go ahead with Phase one by drafting the policy based on best practices of similar organization

- Prepare and present a draft policy to Council on the purchase of apparel and fair trade agricultural products. The policy is to be based on best practices of similar organizations

Pros

- No impact on cost of hiring an external consultant to draft the policy

- Increase Employee Retention and Recruitment- studies show that Employees want to work with companies who are 'doing the right thing' and being proactive with corporate environmental and social programs

Cons

- Lack of Subject matter expertise

- There may be very few organizations with a well-established sustainable and ethical policy in place

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