ARE YOU INTERESTED IN ETHICALLY RESPONSIBLE BUSINESS PRACTICES?
The Waterloo Region Social Purchasing Portal is conducting a two minute survey to determine the level of interest that businesses have in ethical business practices.
By providing feedback, you will assist us with formulating strategies on how we can develop such practices.
Being an Ethically Responsible Business is about managing your business to achieve both commercial and social benefits. In essence, it's about managing your ECONOMIC, ENVIRONMENTAL and SOCIAL impacts to help you improve results, reduce risks and enhance your reputation. It is also about growing your business in a way that has value for everyone connected to it.
COMPLETE OUR SURVEY by the end of May 2009 and you are eligible to WIN A PRIZE FROM ECO CAFE VALUED UP TO $200
www.eco-coffee.ca
CLICK HERE TO COMPLETE SURVEY
http://www.surveymonkey.com/s.aspx?sm=CENu8wBk2CiKTu6ui0U0sw_3d_3d
PLEASE READ BELOW FOR A DESCRIPTION OF THESE IMPACTS
ECONOMIC - The direct and indirect economic impacts that operations have on the community & stakeholders
Examples include:
• Buying & selling practices
• Investments
• Charitable donations
Benefits:
• Adds to shareholder value by enhancing reputation
• "Stakeholder balanced" companies showed 4xs the growth rates and 8xs the employment growth
• It can set you apart from the competition
• Customers and good employees are drawn to companies considered to have a good reputation
ENVIRONMENTAL - The physical effects occurring in the natural environment due to business operations
Examples include:
• Waste management
• Equipment disposal
• Energy consumption
Benefits:
• Environmental initiatives reduce costs
• Can enhance the success of bids when competing with others
• Increases long term profits and sustainability
• Builds brand value, trust and credibility
SOCIAL - The direct and indirect social affects the company has on people
Examples include how to treat:
• Employees
• Clients
• Community participation
Benefits:
• Strengthens the health of communities through business relationships
• Attracts investments
• Improves access to markets
• Increases the capacity of being the neighbour, the retailer and the employer of choice
CLICK HERE TO COMPLETE SURVEY
http://www.surveymonkey.com/s.aspx?sm=CENu8wBk2CiKTu6ui0U0sw_3d_3d
If you have any questions or comments, please contact JoAnne Dubois, Portal Manager, at 519-883-2353 x 5983 or via email at joanne@sppwaterlooregion.org. For more information on Ethical Business Practices, please visit our newly updated website at www.sppwaterlooregion.org.
We are very pleased with our new website. REM Web Solutions did a wonderful job in assessing and addressing our needs. The SPP is alive and well here in Waterloo Region.
We are also happy to anounce that the Region of Waterloo agreed to purchase from our member suppliers. This means that 80 Regional departments will look to the SPP when making purchases of $5000 and under (per purchase) as long as the price is competive and the goods are of equal quality. We are looking forward to seeing an increase in our quarterly purchaser reports.
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