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Prepare one recommendations for how this company can improve its CSR strategies, policies, and practices. Each recommendation should be supported/justified by applying at least two
Prepare one recommendations for how this company can improve its CSR strategies, policies, and practices. Each recommendation should be supported/justified by applying at least two (2) of the main concepts listed below.
FROM THIS REPORT BELOW. https://www.opentext.com/assets/documents/en-US/pdf/opentext-corporate-citizenship-report-fy21-final-en.pdf MAIN CONCEPTS OF CSR:
List of main concepts: Stakeholders as market makers Sustainable Value creation: economic + social Profit optimization Social progress Voluntary vs. mandatory CSR Nudges CSR definition and measurement CSR reporting . Lifecycle pricing Circular economy Vision, mission, strategy and tactics CSR Threshold CSR Filter Strategy Formulation using the CSR Filter . Strategic CSR - five components O CSR perspective Core operations Stakeholder perspective O Value optimization O Medium to long-term perspective Investors and speculators = Strategic CSR in Business Sustainable development Sustainability Reasons for firms to care about sustainability Waste Sustainable value creation Conscious capitalism . Values-based businessStep by Step Solution
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