- Donation, campaigns - environment Increased ability to attract and retain employees Walt Disney - Sense of pride, purpose and fulfilment from work - Retention levels higher - Free opportunity to employees to attend movie premiers - Free tickets to a million people in exchange for a day of volunteering. Increased sales and customer loyalty UNIQLO Kasper Nielson says that Peoples willingness to buy, invest and 60% company 40% product Procurement of raw materials from rural villages Enhanced brand image & reputation GOOGLE - Diversity of employees - More business oppor - Increased ability to attract capital and partners - image of sustainable long term business to the community Conclusion Based on utilitarianism alright for companies to use CSR WHY it maximises happiness or pleasure throughout the society Its nothing wrong for their reputation But if a company only uses CSR to boost brand image, its only social marketing. Why it was so important for a company to work in brand reputation, failure to do so will cause public to look down on them for failure to engage.
P&G, Honda Motor 9/11
They did a lot of CSR activities but just failed to inform the public of it. What are the consequences of not engaging in brand reputation?