Good CSR policy is good for business

With increasing consumer pressures for more responsible products, there is a lot of attention being placed on India's Ready Made Garment (RMG) supply chains. In recent years, implementation of supplier codes of conduct and the use of social accountability standards such as SA8000 have become a common approach for export businesses involved in outsourcing, purchasing and trade. However, this is only a fraction of the companies active in the Indian RMG sector. Still most businesses fight shy of the costs associated with sustainable production, while the actual cost of doing nothing is mounting: "US blacklists Indian exports again for using child labour".