Companies around the world are trying to figure out how to evaluate their performance—as well as that of their suppliers—on a host of corporate social responsibility (CSR) dimensions in areas such as diversity, community development, and environmental issues. How can CSR influence business initiatives and the value of CSR efforts be measured? In this panel discussion, Stanford 2007 Responsible Supply Chains Conference panelists share lessons and resources.
For Wal-Mart, social responsibility includes keeping products affordable to the millions of low- and middle-income consumers who form the bulk of its customer base. In this University podcast, Lawrence Jackson, former Wal-Mart president, brings the perspectives of someone who grew up in inner city Washington, D.C., to ask a Stanford audience at the 2007 Responsible Supply Chains Conference whether pushing for social and environmental responsibility in business is a racially and economically segregated movement.