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There are growing pressures on organisations to take greater responsibility for their social, environmental and economic performance:
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new communication technologies that allow the fast spread of information about what is happening around the world, including the performance of individual organisations
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a growing sense that corporate social and environmental behaviour is a source of business risk, particularly to brand, reputation and shareholder value – but also to operational efficiency, access to capital, licence to operate, attractiveness to customers and employees
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increasing governmental interest and action at national and international level. Interventions range from legislation on specific issues, to tax incentives and promotion of voluntary codes.
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increasing power of multinational companies – with greater power comes greater responsibility
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raised awareness that corporate responsibility includes consideration of behaviour and performance both up and down the supply chain
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increasing influence of NGOs ().
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