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Increasing importance of CSR in procurement

25 May 2017

Growing emphasis on corporate social responsibility (CSR) is appearing within the procurement process, according to new findings from the Electrical Contractor's Association (ECA) and the Considerate Constructors Scheme.

Among the various results published was the fact that nearly 50% of buyer documents seen by electrical contractors with a turnover in excess of £1m had included CSR requirements.

Less than a quarter of those surveyed (24%) reported they had seen no CSR clauses within buyer documents.

Further analysis shows that 53% of business with a turnover in excess of £5m now ask their supply chain for details of CSR activities and policies.

More than three-quarters of businesses (76%) turning over more than £1m stated that they regularly engage in CSR activities.

While 24% said that they do not currently manage their CSR, the majority stated they would consider doing so in the future.

The importance of CSR for organisations is expected to increase for 53% of respondents over the next five to 10 years, with 10% stating they did not expect its importance to increase and 37% saying they were unsure.

Further emphasis to this topic has been provided within this year's PFM Awards, with the Partners in Corporate Social Responsibility category proving to be one of the most popular.

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