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Corporate Social Responsibility
News
8.18.2005 ET
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CSR News from:
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The Natural Marketing Institute
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News Category:
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Corporate Social Responsibility and its Impact on Consumers
(CSRwire) Corporate social responsibility has been a hot topic lately and with
good reason. According to a recent study by the Natural Marketing Institute
(NMI), almost 90% of the U.S. population state that it is important for
companies to not just be profitable, but to be mindful of their impact on
the environment and society. Although actual behaviors are, at times,
different, the implications of this attitude on business operations are
far-reaching. Just over 70% of consumers indicate that knowing a company
is mindful of their impact on the environment and society makes them more
likely to buy their products or services, and nearly 50% state it makes
them more likely to buy their stock.
These are just a few of the key findings from the NMI's new consumer
research report: Corporate Social Responsibility: Consumer Understanding
and Influence. This report quantifies consumer attitudes regarding
corporate social responsibility (CSR) and the influence that CSR has on
consumer interaction with companies and brands. Specific barriers,
drivers, sources of influence, and other CSR-related topics are also
examined.
This data is drawn from NMI's fourth annual LOHAS Consumer Trends
DatabaseTM. Throughout the report, NMI analyzes the CSR-related attitudes
and behaviors of the general population as well as its four proprietary
consumer segments (LOHAS, NOMADICS, CENTRISTS and INDIFFERENTS).
Understanding the differences between each of these consumer segments will
allow you to market to them in a more productive manner and develop
long-term relationships.
To review a table of contents or to order, please visit:
http://www.nmisolutions.com/r_corporate_responsibility_toc.html.
NMI is a strategic consulting, market research, and business development
company specializing in the health, wellness, and sustainable marketplace.
For more information on NMI's research reports, proprietary databases and
other services, visit NMI's web site at http://www.NMIsolutions.com.
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