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Corporate Social Responsibility
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4.15.2008 - 11:59pm ET
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New Report on Eco-Labels Offers Best Practices for Consumer Products Companies
BSR and Forum for the Future Publish "Eco-Promising"
(CSRwire) SAN FRANCISCO – April 16, 2008 – Pop into any supermarket today and you
can't fail to be struck by the number of labels making claims about the
social and environmental attributes of a range of different products.
Organic, Fairtrade and FSC Certified — "eco-promises" are made about a
range of issues in advertising, in store promotions and on products
themselves.
For consumers this can be confusing. Which issues are most important? And
which labels can they trust?
For companies the issue of communicating the social and environmental
attributes of their products can be just as complicated. What issues
should they be highlighting? How can they best communicate to consumers?
And how can they ensure that "eco-promises" align with broader business
objectives?
Forum for the Future, the UK-based sustainable development charity, has
teamed up with Business for Social Responsibility (BSR), the global
business membership organization that specializes in corporate
responsibility, to answer these questions.
Their new report, Eco-Promising:
How to Communicate Credibly About Your Products, provides an
invaluable how-to guide and examples for companies wanting to make
environmental claims about their products and services. The report also
reviews the history of eco-promising and highlights the challenges facing
companies in communicating their efforts – including the rising
possibility of a consumer backlash due to confusion.
The benefits of effectively communicating such promises include:
Improved risk and operational management
Enhanced reputation and competitiveness
Increased sales
Opportunities to shape the regulatory framework
According to Tom Berry, Head of Retail at Forum for the Future, "It's not
just about slapping a label on a packet. Understanding the true
environmental credentials of your products and communicating these to
consumers can be a source of innovation and competitive advantage."
"Doing this is challenging," explains Ryan Schuchard, Associate in BSR's
Environmental Research & Development team and lead author of the report,
"because environmental standards are emergent and companies often lack
meaningful supply chain data. Leaders are investing in better information
systems internally and among their peers and suppliers."
Eco-Promising
is sponsored by PepsiCo and SC Johnson and is available to download from www.bsr.org and www.forumforthefuture.org.uk.
About BSR
Since 1992, Business for Social Responsibility (BSR) has been providing
socially responsible business solutions to many of the world’s leading
corporations. Headquartered in San Francisco and with offices in New York,
Paris, Guangzhou, Beijing and Hong Kong, BSR is a nonprofit business
association that serves its 250 member companies and other Global 1000
enterprises. Through advisory services, convenings and research, BSR works
with corporations and concerned stakeholders of all types to create a more
just and sustainable global economy. For more information, visit www.bsr.org.
About Forum for the Future
Forum for the Future - the UK-based sustainable development charity -
works in partnership with leading organisations in business and the public
sector. Our vision is of business and communities thriving in a future that
is environmentally sustainable and socially just. We believe that a
sustainable future can be achieved, that it is the only way business and
communities will prosper, but that we need bold action now to make it
happen. We play our part by inspiring and challenging organisations with
positive visions of a sustainable future; finding innovative, practical
ways to help realise those visions; training leaders to bring about
change; and sharing success through our communications. For more
information, visit www.forumforthefuture.org.uk
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