Famous quote by Paul Hawken

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Businesses who are members of Businesses for Social Responsibility or the Social Venture Network are internalizing costs
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"Businesses who are members of Businesses for Social Responsibility or the Social Venture Network are internalizing costs on a voluntary basis and therefore raising their costs of doing business, but their competitors are not required to"

- Paul Hawken

About this Quote

This quote by Paul Hawken speaks to the concept of companies taking responsibility for their activities and the costs connected with them. Companies that are members of Businesses for Social Responsibility or the Social Venture Network are taking it upon themselves to internalize expenses, indicating they are tackling the prices of their actions, such as ecological damage, as opposed to passing them on to the general public. This is a voluntary activity, and also because of this, their competitors are not called for to do the same. This means that these services are elevating their prices of doing business, while their competitors are not, developing an irregular having fun field. This quote speaks with the suggestion that companies ought to take duty for their activities and also the expenses connected with them, which this should be a demand, not a volunteer action.

About the Author

This quote is written / told by Paul Hawken. He/she was a famous Environmentalist. The author also have 23 other quotes.

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