A touchy, feely Coles takes on responsibility

A touchy, feely Coles takes on responsibility Partnership: Sustainability By Rick Allert Summary: The size of Coles Myer brings benefits for their customers, for their employees and of course their shareholders. But it also brings responsibilities in terms of how they conduct themselves. They understand that both their business and those of their product suppliers need to be sustainable and profitable. They are acutely aware that there are opposing views on the appropriateness of corporations spending shareholder money on anything but maximising profit. Those who oppose the doctrine of corporate social responsibility (CSR) believe it is delinquent, if not a breach of a director’s fiduciary duty, to permit company money to be spent on community causes. Read full paper