Benefits of ethical trading
How considering social, environmental and economic objectives can make you more competitive.
Implementing socially responsible policies is not just good for the environment and the wider community, it can benefit your business too.
What are the benefits of ethical trading?
By considering social and environmental objectives as well as your economic aims when trading overseas, you can:
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build sales, as customers increasingly choose to base their purchasing decisions on more than strict financial factors
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attract investment, as ethically motivated investors grow in number
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maintain staff loyalty and motivation, by treating people fairly and offering them chances of development
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enhance trust in your business, by fostering good relations and being transparent in your activities
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boost revenue, by opening up your business to new ideas
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save money, for example by implementing better waste-management procedures
All of the above will make your business more competitive and therefore more successful.
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