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

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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
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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
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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
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