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My Most Interesting Company: Alibaba Group

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Submitted By solemnyan
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Whole Foods Market
Social responsibility means that an ethical framework that suggests that an entity, be it an organization or individual, has an obligation to act to benefit society at large. There are many actions can be considered as Social responsibility like Philanthropy, Environment ,Ethical labor practices and so on. One of the example of social responsibility organization is Whole Foods Market, Inc. Whole Foods supports sustainable agriculture, and they promotes the reduction of waste.They also encourages environmentally sound cleaning and cut down consumption of nonrenewable resources. The company created the Local Producer Loan program, which provides $10 million as low-interest loans for small local producers to grow their businesses. The best social responsibility that Whole Foods Market provide is giving back to the global community. Whole Foods works to reduce hunger and poverty around the globe by offering them jobs. Grgurich (2012), "The Whole Planet Foundation, a partnership between Whole Foods Market and Nobel Prize winners Muhammad Yunus andGrameen Bank, provides grants to microfinance institutions in Latin America, Africa and Asia, which provide loans, training and other financial services to the self-employed poor." Whole Foods Market is a trust brand because, it likes the relationships we have with friends and family. They are doing their social responsibility to the world and society. Not just focusing on their own business. The reason why Whole Foods Market is so Successful because they are so much care about our environment, society, and people.

Reference List
Grgurich, John. " Corporate Social Responsibility: Good for Business. Good for Us." Daily Finance. 30 April. 2012. Accessed 5 Feb.2013.
http://www.dailfinance.com/2012/4/30/corporate-social-responsibility-good-for-business/

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