Business Ethics, Responsibility, and Sustainability Report Analysis

This report delves into the realm of business ethics, corporate responsibility, and sustainability within the UK clothing industry. It begins by outlining the key challenges associated with corporate responsibility and sustainability, such as high investment costs, changing customer interests, working conditions, and governmental regulations. The report then defines 'best practices' within the sector, emphasizing ethical and moral considerations, including labor practices, environmental impact, and the adoption of sustainable evaluations. Finally, it offers recommendations for businesses in the clothing sector to demonstrate greater responsibility on a global scale, considering factors like ethical sourcing, reducing carbon footprints, and promoting fair labor practices. The report underscores the importance of ethical conduct, sustainability, and global awareness in the clothing industry to enhance brand value, consumer satisfaction, and long-term viability.

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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purchasing power of consumer efficiently (Jain, Leka and Zwetsloot, 2018). So, for ensuring
more satisfaction from the side of clients they have to facilitate huge fulfilment to customers by
investing into CSR actions and ensuring sustainability for long term.
Working situation- It is determined as the policies of corporate which are being improved
through company for staff. This is essential for enterprises to resolve staff issues and
administrate for establishment to have effective work circumstances as it is very important form
of social responsibility. Within this, it is essential for organisations to resolve staff complexities
and administrate them efficient and formally with having evaluates of regulatory bodies for
strengthening relation between enterprises and workers. Further, working situation enlarges for
organisation during the time of performing sustainability and CSR as in it they has to inspire
their staff members with several advantages (Larrán, Andrades and Herrera, 2018). With the help
of it, company may efficiently become component to facilitate effective quality of job as well as
positive work condition to staff.
Demand for more disclosure- This is included as the sternest form that offers
unfavourable challenges in clothing industry at the time o accepting sustainability and initiative
associated to corporate social accountability in to work structure. This has been analysed that
there is important development in to corporate revelation within customers, capitalists, dealers,
stakeholders and others. As few times exposé of information enlarges risky hindrance for
companies which is future influence its market share and profit margin.
Changing behaviour of staff- Due to internationalisation, there is immense increment in to
cost of labour within immense number of geographical areas. In context of UK, it has advanced
labour costs in comparison to another location or nation. It has been monitored that at current
staff are also getting for extra advantages which are offering by organization for fulfilling their
needs. In reference to clothing industry, it is important for firm gain high constituent, talented
staff as respective industry is going through with strong rivalry and employees are observed to be
the key source of high productivity. Thus, it is crucial for firm to impact its administration
performance as modifying attitudes if subordinates are assumed as the main challenge for
enterprises which may pessimistically influence its whole productivity. Within it, company has
to fulfil as well as preserve their staff by offering extra advantages.
Governmental laws- There are furious rivalry which is developing in to clothing industry where
different firms that offer commodities and facilities at lower rates for earning higher profit
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margins. In addition to it, this has been analysed that for staying rivalry in to particular sector
establishment can offers low cost facilities to their customers for certain time frame in reference
to bind them regarding its providing (Richardson, 2019). It has been discovered that for
appearing corporate social accountability and sustainable movements, corporation has to goes
through numerous challenges. For getting over shape them, there are exceptional sort of buying
and selling agreements, between several countries which are being formed and adjusted thru UK
national authority for making sure moral rivalry in marketplace region. Now a day’s enterprise
requires making an investment upon sustainable and CSR practices for executing the operation
safely. By consisting of authorities law, corporations can also ensure atmospheric and social
situation in good enough form.
As per above defined determination, this have been analysed that there are several types of
challenges in reference to CSR and sustainability in clothing industry. So, it is crucial for them to
get over from these through current its activities efficiently as this develops their rivalry
reputation into market place area (de Bakker, Rasche and Ponte, 2019). Further, this has been
also found out that performance of sustainability and CSR in its work structure, it may capable to
suffer two kinds of issues such as reconstructing and subcontracting. It forms different obstacles
in to self interest to accomplish expected outcomes.
TASK 2
2. Define what you consider to be 'best practice' within the sector, making
references to ethical and moral issues
In current era, enterprises into any sector have to assume ethics and moral as very
important aspects as by this, they may capable to runs its business practices ethically. It not only
maximise firm brand value into market area but also encourage them to facilitate efficient actions
in reference to offer staff a positive and ethical work civilisation. Further, firm have to ensure
effective communication with strategic leadership practices and provide effective training to
individual through which it can ensure ethical execution from its staff. In reference to clothing
sector, this is essential establishment running into particular industry to obviate unethical
practices as it instantly influence upon their consumer executions. This have been analysed that
different establishment are commencing the advantages of techniques associated to labour
intensive where it include beneficiary of huge number of workforce with low capital for
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stimulation its producing processes (Schaltegger and Burritt, 2018). With the advantages of
corporate social responsibility activities, corporation executing into respective industry can also
execution at large scale successfully and may additionally promote the increase options of
employment which further expand personnel’s dwelling requirements. Through providing this
sort of development probabilities at boarder quantity, business enterprise can ethically provide
economic system with a bit of luck. This will useful for them to ensure capital in addition to
configuration of creative talents those outcomes in to advanced contention benefits and client
fulfilment at large degree at the same time as serving financial machine efficiently. Along with
this, ethical consideration in reference of assisting vital data toward commodities can also permit
entity to diversification its presenting fee within marketplace region.
In context of practical issues, it is crucial for enterprise that are running in to clothing
sector to have its main concentrated regarding preventing atmosphere at the time of offering
customer fulfilment. This has been analysed that, in current era, organisation must attract upon
atmosphere where it ensure that they has less carbon footprints by its manufacturing processes
(Ferrell and et. al., 2019). In addition to it, by use of cloth with biodegradable fibre is included to
be the best activities into respective industry as this is assistance in inspiring high placing within
market segment. Further, it has been determined that there are some firm who execute into
particular sector like Zata, Next plc, H&M and many more include the use of sustainable
evaluations.
For example: H&M which is one of the directing ventures marked their presence into the list of
FORBES as most sustainable entity in year 2016. As respective company used recycle material
which not only assist them to reduce useless costing but also permit them to represent its
immense disquiet regarding surroundings. ZARA, it is the company that shows its more disquiet
regarding carbon footprints which has a pessimistic influences on atmosphere. For example,
establishment has to consider use of eco-friendly evaluates for utilising renewable energy.
According the determination, this has been analysed that it is important for clothing industry to
assume advantages of best activities for executing the operations sustainably.
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TASK 3
3. Make recommendations for businesses in the sector to show they are being more responsible
by taking into account global considerations
In clothing sector, cause of developing rivalry there are several company that are executing into
specific industry and are focus about assuming corporate social accountability activities and
sustainability responsibility for showing its disquiet regarding personnel, environment and many
more. So, it has been analysed that company efficiently develop its possible for encouraging
customers regarding enterprise’s providing while including they are responsible nature in the
direction of global contemplation (Beckmann, Schaltegger and Landrum, 2020). It has been
analysed that organisations through having effective focus regarding social responsibilities may
effectively ensure efficient fulfilment from consumers and stakeholders which further impact
them positively. The social accountable policies constitution, enterprise may become factor to
stay its customers for longer duration as it is the most crucial form of enterprise which
encourages them regarding long term development.
In addition to it, this has been analysed that more numerous of customer into regional as
well as global market excitedly pay premium for products and facilities for that, organisation
gives its particular profit margin regarding communal cause. It does no longer only increase the
manners of company consumer’s fulfilment but additionally increase its brand popularity in
community at big degree. Due to development into social company social responsibility sports in
apparel sector, this come to be crucial for corporation to know approximately significance of
sustainability and CSR in control and deliver chain because it has broaden functionality to
feature more price in to organisation’s commodity and facility which further earn profitability
and fulfilment in purchasers effectively (Sroka and Szántó, 2018). Further, it is also important
for organisation to include some corporate strategy for performing CSR and sustainability for
increasing productivity by decrement into wastage and contributes regarding surroundings. So
more suggestions are offered as under:
Integrate corporate social responsibility- It is crucial for enterprise to make sure that they
has better inter connectivity into high extent to lower extent administration for ensuring efficient
outcomes. Herein, it is important for company to analysis the aim and mission statement of unit
and further inspires all staff rewarding specific attainment. For incorporating CSR and
sustainability exercise, company requires to determinations its imaginative and prescient
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statement and plan of actions compare through which it could succesful to represent extra
consciousness upon optimistically attributes. In addition to this, it were analysed that employer
has to promoted its activities in reference to CSR constantly for pleasant their capitalists, dealers,
clients and plenty of greater according the new developing developments (Stahl and et. al.,
2020). Also, audit is assistance for company to effectively deliver its business objectives and
mission related with individual that develops transparency within them.
Formalise social an environmental justice- It is included as the most effective factors
where companies are recommended to encourage its entire staff in their work framework for
attaining their objectives. Within it, establishments do not only has to fulfil their staff with
normal pay but also facilitates them some services such as medical and many others. It is some
type of important aspects through which enterprise may ensure its high profitability margin and
may retain employee for long term in business. By including activities, company may represent
its caring and accountable nature regarding staff efficiently. In this context, organisations are
suggested to undertake the use of reflection, recharging and replacement for encouraging
employees with several practices that further inspires them to be loyal regarding enterprise
(Huda and et. al., 2018). Further, this also makes sure that organisation has long term rivalry in
marketplace as stringer personnel may stimulate high organisational profit margin.
Motivate staff to turn off- It is important for enterprises that it has to amalgamate
sustainable and CSR practices into its work culture as it assists them to acquire efficient results.
Further, it is essential for organisation to undertake communal justice and modifying
environment because it acts as an important factor for business growth. It has been analysed that
in exiting business enterprise has to direct its business regarding effective execution of activities.
Thus, it has to consider use of driving components for equalising the gender preferences,
complexities related with family and others. In addition to it, for improving the communal justice
establishments should set particular percentages of women in to their board of directors.
Tech as well as deploy story telling- Organisations are suggested to improve effective
communication with targeted audiences for publishing company communal duty sports which
has been encompass with the aid of them. With assist of vibrant story telling which includes the
described points and facts however do no longer aids story. Along with this, through assuming
blessings of monthly intrinsic communication assembly with customers, company can conscious
them towards the upgraded organisational record in context of their adopt CSR activities and
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sustainable evaluations (Pedersen, Gwozdz and Hvass, 2018). So, with stronger communication,
company may deliver information and statistics efficiently through including uses of established
information by which staff may effectually engages itself with organisation’s CSR activities
which further ensure effective ending outcomes and attainment of establishment’s aims.
As per mentioned content, it is important for organisation to assume recommended
attributes as for efficient encourage sustainable practices and evaluation of corporate communal
accountability in work area structure in context of ensuring effective rival image into clothing
sector. In context of clothing industry, it has been analysed that particular sector is going through
several competition where firm include advantages of insistent innovation, marketing and many
ore to get attention of large customer base. It has been determined that organisations must not
only requires to focus its attention regarding creativity but it also has to concentrate over CSR
and sustainability for being rival for long term (Lee and Hu, 2018). Moreover, it helps
organizations to execute its task ethically which may develop its goodwill into possible
marketplace and also ensures their target audiences loyalty appropriately.
CONCLUSION
This has been summarised that corporate social accountability is vital factors for all firm by
which it can develop its value of brand within specific sector. Further, it is also crucial for
company to know about the issues which may be tackling through them. Through adoption of
CSR evaluates in its business actions is helpful to run its business smoothly. Also, with the help
of corporate social accountability and sustainability, the enterprise not only capable to offer
consumer fulfilment but they can develop staff, stakeholders, deals and others interest regarding
enterprise’s values. Along with it, by including advantages of effective activities, company may
efficiently be component for resolving moral and ethical issues effectively that further develop
those regarding ensuring long term sustainability and developing profitability in to marketplace.
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REFERENCES
Books & Journals
Crane, A. and et. al., 2019. Business ethics: Managing corporate citizenship and sustainability in
the age of globalization. Oxford University Press, USA.
De Stefano, F., Bagdadli, S. and Camuffo, A., 2018. The HR role in corporate social
responsibility and sustainability: A boundary‐shifting literature review. Human Resource
Management, 57(2), pp.549-566.
Rendtorff, J.D., 2019. Corporate Social Responsibility, Sustainability, and Stakeholder
Management. Philosophy of Management and Sustainability: Rethinking Business Ethics and
Social Responsibility in Sustainable Development, pp.43-52.
Jain, A., Leka, S. and Zwetsloot, G.I., 2018. Managing health, safety and well-being: Ethics,
responsibility and sustainability. Springer.
Larrán, M., Andrades, J. and Herrera, J., 2018. An examination of attitudes and perceptions of
Spanish business and accounting students toward corporate social responsibility and
sustainability themes. Revista de Contabilidad-Spanish Accounting Review, 21(2), pp.196-205.
Richardson, N., 2019. Corporate social responsibility or sustainability in music
festivals. International Journal of Organizational Analysis. Suriyankietkaew, S. and Kantamara,
Suriyankietkaew, S. and Kantamara, P., 2019. Business ethics and spirituality for corporate
sustainability: a Buddhism perspective. Journal of Management, Spirituality & Religion, 16(3),
pp.264-289.
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de Bakker, F.G., Rasche, A. and Ponte, S., 2019. Multi-stakeholder initiatives on sustainability:
A cross-disciplinary review and research agenda for business ethics. Business Ethics
Quarterly, 29(3), pp.343-383.
Schaltegger, S. and Burritt, R., 2018. Business cases and corporate engagement with
sustainability: Differentiating ethical motivations. Journal of Business Ethics, 147(2), pp.241-
259.
Ferrell, O.C. and et. al., 2019. Business ethics, corporate social responsibility, and brand
attitudes: An exploratory study. Journal of Business Research, 95, pp.491-501.
Beckmann, M., Schaltegger, S. and Landrum, N.E., 2020. Sustainability management from a
responsible management perspective. In Research Handbook of Responsible Management.
Edward Elgar Publishing.
Sroka, W. and Szántó, R., 2018. Corporate social responsibility and business ethics in
controversial sectors: Analysis of research results. Journal of Entrepreneurship, Management
and Innovation, 14(3), pp.111-126.
Stahl, G.K. and et. al., 2020. Enhancing the role of human resource management in corporate
sustainability and social responsibility: A multi-stakeholder, multidimensional approach to
HRM. Human Resource Management Review, 30(3), p.100708.
Huda, M. and et. al., 2018. Empowering corporate social responsibility (CSR): insights from
service learning. Social Responsibility Journal.
Pedersen, E.R.G., Gwozdz, W. and Hvass, K.K., 2018. Exploring the relationship between
business model innovation, corporate sustainability, and organisational values within the fashion
industry. Journal of Business Ethics, 149(2), pp.267-284.
Lee, Y.M. and Hu, J.L., 2018. Integrated approaches for business sustainability: The perspective
of corporate social responsibility. Sustainability, 10(7), p.2318.
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