Is Corporate Social Responsibility Optional?

csr-worldWhat does Wal-Mart and the United States government have in common? Answer: buying power. According to USAspending.gov, the U.S. government spends more than $500 billion in products and services each year from roughly 230,000 different companies. It is the world’s largest buyer of goods and services. Wal-Mart is the world’s largest consumer products retailer, buying roughly $300 billion each year in products it sells in retail stores from more than 100,000 different companies.

The U.S. government and Wal-Mart’s buying power are influential in setting the stage for corporate social responsibility requirements. According to Information Management, the U.S. government and Wal-Mart will begin phasing in corporate social responsibility requirements for their suppliers and vendors over the next few years. Read more at Utah Business Magazine.

About the Author:

As founder of PilmerPR, John Pilmer, APR serves as a PR and marketing communications advisor for both emerging and established companies. He offers customers more than 20 years of results-driven business PR and marketing experience. John and the firm have provided PR consultation and campaigns for clients such as Mozy, Novell, AdvancedMD, Certiport, NextPage, ElectraTherm, Altiris, Avamar, EmergeCore Networks, FSLogic, INVISUS, 10x Marketing, MWI, Project Insight, REIC, Seastone, US Synthetic and Funding Universe (now Lendio), among others.
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