Challenges of Corporate Responsibility and Sustainability in the Clothing Industry

Business Ethics, Responsibility
and Sustainability
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Contents
INTRODUCTION...........................................................................................................................2
TASK 1............................................................................................................................................3
1. Discuss the key challenges associating to corporate responsibility and sustainability...........3
TASK 2............................................................................................................................................6
2. Define what you consider to be 'best practice' within the sector, making references to ethical
and moral issues...........................................................................................................................6
TASK 3............................................................................................................................................7
3. Make recommendations for businesses in the sector to show they are being more
responsible by taking into account global considerations...........................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Corporate social responsibility is acknowledged as a self governing concept of business that
assists aids to unit for executing its ventures while accepting social responsibility regarding their
stakeholders, individual as well as themselves. Through judging particular factors in its actions,
companies may have positive influence on atmosphere and community. This further assists
organisation to develop its value of brand in marketplace area (Crane and et. al., 2019). As
corporal social activities facilities guidance to entities in reference to improve efficient bond
among consumers and organisation. This document is supported on Clothing industry of UK that
is improving constantly from past several years with use of lower manufacture cost as well as
violent campaign of marketing that have been including by establishments for developing its
sales ratio. The topics that are going to be defined in this report are major challenges in reference
of corporate responsibility and sustainability. Best activities for clothing sector by deeming its
ethical and moral issues. Along with this, some suggestions is helped special sector are also
defined in this report.
TASK 1
1. Discuss the key challenges associating to corporate responsibility and sustainability
Corporate responsibility is disquieted with sustainability of entity over long time. As their
core, it gets regarding adding value to companies’ activities by ensuring that it has favourable
impact upon economy, surrounding and society. This has been analysed that the rivalry is
enhancing to improve social responsibility and atmospheric impacts. In improves activities of
CSR contemplation in particular sector. It has been found out that globalisation also permit
industries in this segment to be very much geologically disseminated as well as offers
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commodities or facilities to several nations crosswise the world (De Stefano, Bagdadli and
Camuffo, 2018). This is important for worldwide retailers to contain into this region for
emphasizing concerning standards of CSR to powerful sustainability, safety and others for
serving atmospheric and society at their green manner. Along with this, it is vital for
organization who're executing its presenting into unique industry has to concentrate on CSR term
for give a boost to its contention reputation nationally and globally. However, this has been
analysed that there are distinctive sorts of demanding situations they suffered via respective
enterprise on the time of acting CSR and sustainability in its paintings structure.
Higher investment cost- It has been monitor that for performing the practice of CSR and
social responsibility in company in organisation, the obligation cost of investment is quite higher
that venture to mad while running in to clothing sector. It execute as a wide confront as this is
important for establishment to adequately concentrated upon 3 aspects in respect of corporate
social accountability, environmental, economical and many more for executing its activities. This
has been also determines that the firm which is running into this sector has to constantly engaged
into the processes of creativity as well as offers goods and services to customers for ensuring
efficient rivalry benefits and sustainability for long time, it requires high investment through
companies (Rendtorff, 2019). Sometimes, this becomes tough for company to invest more
amount of fund on CSR as well as sustainability activities. Thus, it is important for organisations
to appropriate management and frames its budget for assuming all aspects and ensures more
effective advantages.
Improved customer interest- Target audiences is also recounted because the king within
marketplace location. Companies who're strolling into clothing quarter requirements to know
approximately the actual desires and goals of clients and cause them to fulfilled constantly. In
respect of unique enterprise, purchasers is commenced because the maximum essential factors
for administration as they're primary source of acquiring profit for enterprise. This has been
found out that at current time’s customers not only looking for standard quality goods but also
take that company is engaged into some CSR and sustainable activities or not. In addition to this,
it has been also determined that in about 50% customers evaluate enterprises on the basis of its
activity regarding community. Change into customer perception included to be the key challenge
for respective industry. Thus, it is defined that establishments has to assume activities in
reference to CSR and sustainability as this execute as marketing components that affects
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