2 Equally weighted critical thinking essay

Some data to help your online research on socially responsible investment - "doing well by doing good",supporting business initiatives that benefit society. Some corporations might implement environmentally friendly business operations, use shared-value initiatives, address community social issues. Some companies that may be borderline ethical (but legal) may benefit by emulating practices of others. Social initiatives can influence consumer opinion:

• 67% of global online consumers will pay more for products made by a company committed to social and environmental responsibility
• 90% of shoppers will switch to a company that supports a good cause and boycott a company they feel isn’t socially responsible
• 32% of employees would leave their jobs if their companies never donated money or if they harmed the environment

The added factor of social media means that if customers aren’t happy with a company’s social impact, they can tell millions of others. As corporate social responsibility (CSR) and socially responsible investments (CRI) become increasingly important, being socially conscious and informed is becoming mainstream.