What are the benefits for a company to have designation


Assignment task: You've been reading about the issues between government, society and business. There needs to be trust, accountability, monitoring. How do we accomplish that in a global economy?   Standards and Certifications are one way, but do they work?  

Research one of the standards/certifications in your module (or you can choose another like LEED) related to sustainability and CSR.   

1) In one or two paragraphs, summarize the basics idea behind the standard/certification

2) How does it promote the movement towards higher standards?

3) Does it provide reassurance for consumers/society that the company is acting socially responsibly/sustainably or is it just a marketing tool?

4) What are the benefits for a company to have this designation?

You need to be thorough and thoughtful. Use examples when you can, use your own words or summarize.  

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