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Gilden Activewear Case 8

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Submitted By annetdavid3
Words 841
Pages 4
Annet David
Values, Ethics, and Sustainability
Prof. Koob

Case 8

1. What is the purpose of the Solidarity Fund? Do you think it represents an example of social investment? Why or why not?
The Solidarity Fund had 2 purposes: to democratize access to professionally managed retirement accounts, and to support job growth in Quebec either through long term investment in small and medium sized local companies or by investing in outside companies whose activities benefited the province. Solidarity Fund does represent an example of social investment in my opinion because fills financial gaps when citizens are retired or are at a job loss. It also helps develops sustainability since high interest rates had created bankruptcy for many small to medium sized businesses while also a nearly a quarter of the young adult population in Quebec were unemployed.

2. Do you believe in the evidence in the case shows Gildan Activewear to be a socially responsible company, or not?

I don’t believe that Gildan Activewear is a socially responsible company after the evidence set forward by the Maquila Solidarity Network (MSN), a North American labor rights organization, and Equipo de Monitorio Independiente de Honduraas (EMIH) which is an independent nonprofit monitoring agency.
The report stated that ages for not meet the basic needs of the workers and they were responsible for excessively high production targets. Gildan failed to provide day care and nursing facilities as required by the law and the new employees are tested for pregnancy and the ones found to be pregnant were fired. It was reported that during that same month, 38 workers were fired because they registered at a union.
A plethora of reports were received through MSN and EMIH that proved that the Gildan company were not treating their international workers properly and rather inhumanely.

3. What

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Gilden Activewear Case 8

...had 2 purposes: to democratize access to professionally managed retirement accounts, and to support job growth in Quebec either through long term investment in small and medium sized local companies or by investing in outside companies whose activities benefited the province. Solidarity Fund does represent an example of social investment in my opinion because fills financial gaps when citizens are retired or are at a job loss. It also helps develops sustainability since high interest rates had created bankruptcy for many small to medium sized businesses while also a nearly a quarter of the young adult population in Quebec were unemployed. 2. Do you believe in the evidence in the case shows Gildan Activewear to be a socially responsible company, or not? I don’t believe that Gildan Activewear is a socially responsible company after the evidence set forward by the Maquila Solidarity Network (MSN), a North American labor rights organization, and Equipo de Monitorio Independiente de Honduraas (EMIH) which is an independent nonprofit monitoring agency. The report stated that ages for not meet the basic needs of the workers and they were responsible for excessively high production targets. Gildan failed to provide day care and nursing facilities as required by the law and the new employees are tested for pregnancy and the ones found to be pregnant were fired. It was reported that during that same month, 38 workers were fired because they registered at a union. A plethora...

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