There additional ways that a footwear company can contribute to corporate social

Question

There additional ways that a footwear company can contribute to corporate social responsibiity initiatives by reducing its carbon footprint by minimizing the number of steps in the manufacturing process; not manufacturing in countries with deplorable, inhumane worker conditions; improving its supply chain by addressing the impact of climate change and eliminating the use of hazardous chemicals;producing only what is necessary, thus minimizing waste and inefficiency on the production line to keep energy consumption as low as possible; and being transparent in terms of its labor policies/wages, public policy, and “green” initiatives.

Question - Why is focusing more attention on "Being Green" definitely beneficial for companies to consider as these issues will continue to become more of a priority and selling point in the future?

Explanation / Answer

All the companies will have to go green in the near future. All the regulatory environments are also forcing the companies to go green in all their manufacturing process. There are lot of benefits on going green for the companies as well as for the individuals. Some of them are: The thoughts of companies being environment friendly are nowadays flooding the thoughts of the consumers. So in the future companies with green concepts are the companies that are going to survive. So going green is better for all the companies. Companies on the energy savings mode not only save the costs for their company, but also save the environment. This is the dual benefit that it has. By going green the companies provide a healthier working environment to all its employees. It is reported in a survey that healthier working environment reduces the sickness in the employees by 20%. The worldwide economic conditions give tax credits for companies taking measures to go green. These tax credits are available only to companies that are using environment friendly practices. The consumer is also demanding more environment friendly products. So there is forced demand on the companies to produce only green products. All the consumers also wanted to used only the products that are manufactured by having environment friendly practices.

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