Top U.K. Companies to Track Suppliers' Value to Communities
Fifty of the United Kingdom’s biggest companies are being directed to measure how their suppliers add value to their local communities. The advisor on CSR to Prime Minister David Cameron, Philip Green, is asking that social value tracking be integrated into the annual reports of top companies in the retail, utilities, and telecom sectors. According to the Financial Times, his request will include examples of social value reports produced by Trading for Good, a not-for-profit digital platform that helps small businesses perform their CSR activities. Sounds like a worthy government/business, public/private strategy that could be studied with profit by the Obama administration and U.S. corporations.
John Howell, Editorial Director