According to a survey of more than 500 business executives by Grant Thornton, executives believe that corporate responsibility programs can positively impact their business and help achieve strategic goals. While commentary by traditionalists might suggest that CSR will be a cost, without benefit, only a quarter of survey respondents agreed that profits need be sacrificed, while three quarters believed corporate responsibility could enhance profitability – 77% said they expected corporate responsibility initiatives to have a major impact on their business strategies over the next several years.
The press release with summary analysis is here and Social Funds’ analysis is here.
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