Re: Do you trust BP?
earth1st wrote :
>
> Companies prioritize ROI above social responsibilities. Returns for
> shareholders at all cost.
>
A few things here.
Meeting social responsibilities has a huge impact on a companies profitability, you only have to look at the thousands of huge charities run by businesses around the world and the billions of dollars donated to causes of all all sorts. Why do you think they do this?
A company prioritizing ROI IS socially responsible because in this way they meet consumer demand to the greatest possible extent and use resources most efficiently.
By "Returns for shareholders at all cost" I assume you mean cost that can’t be counted monetarily? If that is the case, then again, as in my first point, acting in a socially responsible way is vital to a companies success.
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