CSR is a business model that supports companies in becoming more socially and environmentally responsible to its employees, stakeholders, and the public. CSR moves the business focus from solely profits to incorporate more socially beneficial outputs.
- Decreasing greenhouse gas or the carbon footprint of a company
- Providing a safe work environment for all employees
- No discrimination policies
- Living wages
- Equal rights for marginalized groups and much more
Small and medium sized companies (SMEs) exporting to Canada should be aware of how purchasers are defining and evaluating a company’s social and environmental commitments and performance. For SMEs by incorporating CSR into their business models and fulfilling their CSR targets, companies can demonstrate a commitment to social, cultural and environmental changes that can lead meeting more buyer requirements and reaching a larger consumer base.