3I - CSR in operations Flashcards
(4 cards)
1
Q
Corporate social responsibility (CSR)
A
Is the ethical conduct of a business beyond legal obligations, and the consideration of social, economic, and environmental impacts when making business decisions
2
Q
CSR considerations for inputs
A
- sourcing inputs locally
- sourcing inputs from suppliers that use environmentally-sustainable methods when extracting and harvesting natural resources
- implementing operation strategies, to reduce the risk of over-ordering inputs
- purchasing energy-efficient machinery for production
- installing reusable, renewable, and/or clean energy sources
3
Q
CSR considerations for processes
A
- using technology that performs tasks in a precise and consistent manner to reduce the amount of defective products discarded in production
- developing methods to capture and recycle unused or excess materials
- implementing operations strategies, to reduce the number of materials being unnecessarily wasted
- disposing of any harmful wast in a responsible and safe manner
- developing policies that promote efficient energy use
- training employees on how to minimise waste
4
Q
CSR considerations for outputs
A
- developing an alternative product that is more environmentally friendly
- creating products that have recyclable or biodegradable elements
- eliminating as much plastic as possible
- Delivering products to retailers in bulk to reduce carbon emissions from transport
- offering customers incentives for returning the product at the end of its life cycle
- providing clear labelling on the product about methods of disposal