...more complete CSR engagement look like? With the advancement of technology, organizations are looking for more ways to reduce costs and increase revenues. Pressure from employees, consumers, shareholders and the community to be more efficiently, publicly, and ecologically aware have contributed to more organizations going “green”. This not only involves paper or pollution waste, but Information Communications Technology (ICT) as well. No exceptions to the rule, ICT managers are faced with sustainable issues on how to collect, communicate, control, or salvage information electronically. According to Wright (2010), The Information and Communications Technology Industry has the “potential to impact society and the environment in a more positive than negative way, because of its impact on other industries, e.g. through smart buildings, smart grid, intelligent transportation and reduced transport as a result of electronic communications” (p. 39). Legislation at both the national and European levels is pushing for alterations to reduce risk by promoting improvements in recruiting, loyalty, brand differentiation and innovation. A more even complete CSR engagement would encompass a connection between social and environmental execution and financial execution. Vogel (2005) noted in his book that corporate social responsibility (CSR) should be about “more than going beyond compliance; it must also include efforts to raise compliance standards” (p. 171). Host Europe has managed to...
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...responsibility (CSR) of Host Europe. Host Europe, like other organizations, recognizes the importance of corporate sustainability. They realize that they must address the issues of digital divide and green IT and they have made some advances in addressing this; however, they need to continue advancing their program and create a plan for greater improvements and expand their CSR program as well. It is important for Host Europe to advance their level of sustainability; however, it also presents a challenge for them as the CSR models, methodologies and priorities must be specific to their industry. The purpose of this paper is to provide insight to the resources that will assist Host Europe in creating and implementing a more comprehensive CSR program. This paper addresses the meaning of CSR and the obligation that Host Europe has to their employees, stakeholders, customers, environment and community in the way that they conduct business. An overview of a complete CSR engagement will be addressed, identifying opportunities for Host Europe to continue to advance their program. It will examine the opportunities that they have to be proactive and provide programs to address their economic, legal, ethical and social responsibilities. Host Europe has realized the necessity of addressing their needs by dedicating resources to the development of a broaden program, now they will explore how they can be proactive and not reactive in this pursuit (Hahn, 2010). A Complete CSR Engagement ...
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...Host Europe: Advancing CSR and Sustainability in a medium-size IT company – What issues is Host Europe facing? – Which measures have been introduced? 1) What would an even more complete CSR engagement look like? With the advancement of technology, organizations are looking for more ways to reduce costs and increase revenues. Pressure from employees, consumers, shareholders and the community to be more efficiently, publicly, and ecologically aware have contributed to more organizations going “green”. This not only involves paper or pollution waste, but Information Communications Technology (ICT) as well. No exceptions to the rule, ICT managers are faced with sustainable issues on how to collect, communicate, control, or salvage information electronically. According to Wright (2010), The Information and Communications Technology Industry has the “potential to impact society and the environment in a more positive than negative way, because of its impact on other industries, e.g. through smart buildings, smart grid, intelligent transportation and reduced transport as a result of electronic communications” (p. 39). Legislation at both the national and European levels is pushing for alterations to reduce risk by promoting improvements in recruiting, loyalty, brand differentiation and innovation. A more even complete CSR engagement would encompass a connection between social and environmental execution and financial execution. Vogel (2005) noted in his book that corporate...
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...jcc17welford.qx 5/4/05 4:43 pm Page 33 Corporate Social Responsibility in Europe, North America and Asia 2004 Survey Results Richard Welford University of Hong Kong, China This paper builds on previous work of the author in assessing policies on corporate social responsibility (CSR) based on 20 elements. The elements are based on international conventions, codes of conduct and industry best practice. In a second survey of current priorities for CSR among large listed companies, the paper examines the written policies of companies in 15 countries in Europe, North America and Asia. The second survey demonstrates an increased emphasis on ethics, bribery and corruption and increased policies among companies on child labour compared with the first survey. It shows that one cannot assume that Asian countries are less developed than their Western counterparts and points to a growing trend of CSR in Japan, in particular. Nevertheless, it is demonstrated that there is a link between the development of CSR and the economic development of countries and that many CSR policies are based on localised issues and cultural traditions at a country level. Supply chain aspects of CSR are growing in importance, particularly among countries with a strong trading tradition. G Corporate social responsibility G Accountability G Citizenship G Europe G North America G Asia JCC 17 Spring 2005 u Corporate Environmental Governance Programme, Centre of Urban...
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...Companies mention CSR explicitly on their website: 53 percent of U.S companies 29 percent of French 24 percent of Dutch Companies that identified globally, 15 total: 13 in the U.S 2 in Europe (both by the same company, Nestle) Corporate community contributions: Contributions by U.S companies was more than ten times greater than those of their U.K counterparts (US, $4,831 billion, UK, $428 million) 1. The meaning of CSR: -It reflects the social imperatives and the social consequences of business success. -Carroll(1979,1991) systematized CSR, distinguishing economic, legal, ethical, and philanthropic responsibilities. 2. Theoretical analysis of the institutional bases of CSR (The national business systems approach and new institutionalism): -Differ among countries -NBS approach explains the distinctive underpinnings of both implicit and explicit CSR. -Four key features of historically grown national institutional frameworks: 1:Political (European government generally have been more engaged in economic and social activity), 2: Financial (U.S: stock market, Europe: less big investors), 3: Education and labor (U.S: corporations themselves have developed strategies, EU: publicly led training and active labor market policies), 4: Cultural (US: giving back to society, EU: relies on representative organization to be their political parties, unions, and the state). 3. Apply the framework by comparing four salient social responsibility and irresponsibility...
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...Carrefour- A Comparison Of The Behaviour Of Carrefour In- And Outside China In Terms Of Csr Carrefour- a Comparison of the behaviour of Carrefour in and outside China in terms of CSR - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Table of contents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary I. Chapter – Introduction 1. Purpose of the Study 2. Objective of the study 3. The setup of the study II. Chapter – Carrefour’s position in China 2.1 Chinas retail market at a glance 2.2 Carrefour’s role in China III. Chapter – The purpose of CSR for multinational companies 3.1 The definition of CSR 3.2 The growing importance of CSR in China 3.3 The importance of Human Rights 3.4 Human Rights in China 3.5 Carrefour’s general employment practice standards 3.6 Carrefour Europe vs. Carrefour China 3.7 Conclusion VI. Chapter – Environmental concerns and CSR 4.1 Environment 4.2 Environmental Problems in China 4.3 Carrefour Europe vs. Carrefour China V. Chapter – Food Safety problematic and CSR 5.1 Food Safety 5.2 International Food Standards and Initiatives 5.3 Food Safety in China 5.4 Carrefour Europe vs. Carrefour China Literature Internet - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary China is one of the countries where globalisation has...
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...MGMT1001 Communication in Business Assessment 1 Surname: Ciawiputri Given Name: Karina Dharma Student ID: 17119650 Email: k.ciawiputri@student.curtin.edu.au Unit Name: Communication in Business Unit Code: MGMT 1001 Assignment Title: Assessment 1: Critical Essay Tutor’s Name: Sean O’hara Tutorial Day and Time: Wednesday, 9AM Name of Company: Samsung Electronic Title: Samsung Electronic Social Performance Semester/ Campus Details: Trimester 2A 2015- Singapore Word Count: 1505 words Introduction Nowadays, doing business is not just a matter of earning profit as much as possible, but the entrepreneur should be able to do business in the right way, which is getting the expected profit along with fulfilling the society needs (Okpo 2013). Most organizations have realized and believe that it is important for the company to engage with the society since giving back to the society will create value for the business itself (Miluwi 2015). Having that in mind, according to Broomhill (2007), the organization should think that profit is beyond the objectives without doing business in ethical and socially responsible ways. The multinational corporation, Samsung Electronics is a division of Samsung Group that was established in 1969. Samsung Electronics aimed to enter the television and consumer electronic industry. At first, Samsung Electronics only produced black and white television and then they developed...
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...program aimed at improving labour, hygienic, and social and health conditions of outsourced shop workers? By 2005, Inditex’s Growth and sales had expanded beyond Spain and Europe at large. Though Inditex had undertaken CSR Initiatives before, most of the Initiatives were a knee-Jerk reaction at best. As Inditex expanded globally, it was grappling with close to 1800 External Suppliers, with little or no oversight/control over the working condition of the people under these many suppliers. Being a global player in retail now, it was imperative to come up with a CSR Initiative which was interwoven with the Company’s Corporate Policy. This Served 2 purposes: 1. As a profit making Organisation the initiatives undertaken to improve labour, hygiene,health and social condition would make the Supplier and the supply chain seamless and in the long run delivery tangible benefits(translates to lower cost and better quality of work force and hence the supplier can deliver better value) 2. These CSR Initiatives also would deliver Intangible Benefits in the form of extended cooperation from the local community, enhanced Corporate Image among stake holders, support from the local government and better brand value from well informed customers of Inditex. According to Porter, Four major justifications for CSR initiatives are: • Moral Obligation • Reputation Out-in Linkages • License to Operate • Sustainability Inside-out Linkages Strategic...
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...Unlocking the value................................... 3 1.4 World Economic Forum & CSR ..................................................................... 3 1.5 Case Studies ................................................................................................. 4 1.6 Should ASOCIO have a role? ....................................................................... 5 CORPORATE SOCIAL RESPONSIBILITY ASOCIO Policy Paper June 2004 1 CORPORATE SOCIAL RESPONSIBILITY Corporate Social Responsibility (CSR) is becoming an increasingly important activity to businesses nationally and internationally. As globalisation accelerates and large corporations serve as global providers, these corporations have progressively recognised the benefits of providing CSR programs in their various locations. CSR activities are now being undertaken throughout the globe. 1.1 What is corporate social responsibility? The term is often used interchangeably for other terms such as Corporate Citizenship and is also linked to the concept of Triple Bottom Line Reporting (TBL), which is used as a framework for measuring an organisation’s performance against economic, social and environmental parameters. The rationale for CSR has been articulated in a number of ways. In essence it is about building sustainable businesses, which need healthy economies, markets and communities. The key drivers for CSR are1: Enlightened self-interest -...
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...CORPORATE SOCIAL RESPONSIBILITY IN THE PHARMACEUTICAL INDUSTRY: BETWEEN TREND AND NECESSITY by Cecile Oger BSc. (Honours) Chemistry with Business Administration Kingston University London, UK, 1995 A thesis presented to Ryerson University In partial fulfillment of the requirements for the degree of Master of Business Administration In the program of Master of Business Administration Toronto, Ontario, Canada, 2009 © Cecile Oger 2009 Library and Archives Canada Bibliothèque et Archives Canada Published Heritage Branch Direction du Patrimoine de l’édition 395 Wellington Street Ottawa ON K1A 0N4 Canada 395, rue Wellington Ottawa ON K1A 0N4 Canada Your file Votre référence ISBN: 978-0-494-59035-5 Our file Notre référence ISBN: 978-0-494-59035-5 NOTICE: AVIS: The author has granted a nonexclusive license allowing Library and Archives Canada to reproduce, publish, archive, preserve, conserve, communicate to the public by telecommunication or on the Internet, loan, distribute and sell theses worldwide, for commercial or noncommercial purposes, in microform, paper, electronic and/or any other formats. . The author retains copyright ownership and moral rights in this thesis. Neither the thesis nor substantial extracts from it may be printed or otherwise reproduced without the author’s permission. L’auteur a accordé une licence non exclusive permettant à la Bibliothèque et Archives Canada de reproduire, publier...
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...‘Removing ten barriers to implementing CSR in Bangladesh’ Barrier A – CSR is thought to be American protectionism – the USA labour unions are alleged to be using CSR as an excuse and are trying to force up our production costs and so get jobs back into the USA. Social Responsibility is not a new idea; it has a long history in Asia and in Europe. If CSR is part of a conspiracy to protect jobs in North America (or in Europe) why is it accepted so well and practiced so widely in the West and in so many trade sectors there? Barrier B – Some company proprietors are convinced that the “business of business is business” and so they want NGOs do their community development work and the government to fund schools, colleges, clinics and hospitals - after all that’s why they pay their company taxes and VAT! Companies need a stable society in which to trade, we need healthy, well educated and compliant workers. It’s in the long term interests of the business sector in Bangladesh to improve our corporate futures by investing in the community – in our workers and their communities - if we are to be able to manufacture and sell increasing volumes of our products in Bangladesh. Barrier C – Business owners holding the opinion that spending on CSR is an improper use the company’s hard earned profits (especially in a period of worldwide recession). These proprietors are also of the view that their companies should concentrate on making money for their shareholders and focus on giving the...
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...and resources on how companies should measure and report their impact on society’ (Business Impact, 2000). It lists twenty such initiatives in various areas of furthering corporate social responsibility, not including its own report. Similarly, the World Business Council for Sustainable Development (WBCSD, 1999) seeks to develop a clear understanding of corporate social responsibility, including a matrix of corporate social responsibility indicators. But what is meant by Corporate Social Responsibility (‘CSR’)? Responsibility for what and to whom and who is calling for firms to be socially responsible? This article examines the broad development of the ideas behind CSR within the literature and some of the current attempts to define the social responsibilities of business. It starts by examining the debate about the nature of corporate social responsibility and current attempts to define CSR. It then looks at some theories to explain how and why business might undertake CSR –stakeholder theory, social contracts theory and legitimacy theory. The article concludes by describing ways of assessing corporate social performance – from industry and also from the academic literature. The need for companies to undertake activity that might be...
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...Carrefour- a Comparison of the behaviour of Carrefour in and outside China in terms of CSR - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Table of contents - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary I. Chapter – Introduction 1. Purpose of the Study 2. Objective of the study 3. The setup of the study II. Chapter – Carrefour’s position in China 2.1 Chinas retail market at a glance 2.2 Carrefour’s role in China III. Chapter – The purpose of CSR for multinational companies 3.1 The definition of CSR 3.2 The growing importance of CSR in China 3.3 The importance of Human Rights 3.4 Human Rights in China 3.5 Carrefour’s general employment practice standards 3.6 Carrefour Europe vs. Carrefour China 3.7 Conclusion VI. Chapter – Environmental concerns and CSR 4.1 Environment 4.2 Environmental Problems in China 4.3 Carrefour Europe vs. Carrefour China V. Chapter – Food Safety problematic and CSR 5.1 Food Safety 5.2 International Food Standards and Initiatives 5.3 Food Safety in China 5.4 Carrefour Europe vs. Carrefour China Literature Internet - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Executive summary China is one of the countries where globalisation has led to a significant change of the economical as well as the social frameworks. Multinational corporations are expending in...
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...THEORETICAL FRAMEWORK ON CSR 4 1.1 Changing perceptions, CSR as a must 4 1.2 Stakeholders’ Theory and Social Contract 5 1.3 Carroll Theory 6 1.4 Positive and negative light of CSR 6 1.5 How to implement Corporate Social Responsibility in a MNE ....................................7 2 TIMBERLAND AND CSR 7 2.1 Brief history of Timberland 8 2.2 The path towards CSR at Timberland: “Commerce and Justice” 8 2.3 CSR at Timberland today: the 4 Pillars 9 2.4 Timberland CSR practices: two cases in evidence 10 Case 1: Timberland entering India 10 Case 2: Timberland in China and Vietnam 11 3 TIMBERLAND’S INTERNATIONALIZATION STRATEGY 11 3.1 Timberland’s internationalization process: an overview 11 3.2 Historical context fostering or hampering Timberland’s internationalization 13 3.3 An internationalization theory applied: The Uppsala model 14 4 ROLE OF CSR IN TIMBERLAND’S INTERNATIONALIZATION STRATEGY 15 4.1 Boosting company efficiency by educating workforce 16 4.2 Improving local performances by assessing Code of Conduct compliance 16 4.3 Strengthening international relationships by supporting local development 17 4.4 Spreading global image by involving communities 17 4.5 Financing international expansion by boosting shareholders’ endorsement 18 5 TIMBERLAND VS. COMPETITORS: CSR NURTURING COMPETITIVE ADVANTAGE 19 5.1 OLI theory: an application of Timberland’s CSR 19 5.1.1 CSR fostering Timberland’s ownership advantage 19 5.1.2 CSR enhancing Timberland’s...
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...WHAT IS CSR? WHAT CORPORATE SOCIAL RESPONSIBILITY? IS 8 QUESTIONS & ANSWERS JULY 2002 21ST CENTURY CORPORATE SOCIAL RESPONSIBILITY: ADVANCING FAMILY PLANNING AND REPRODUCTIVE HEALTH W HAT IS CORPORATE SOCIAL RESPONSIBILITY? 8 QUESTIONS & ANSWERS JULY 2002 CATALYST Consortium is a USAID-funded family planning and reproductive health activity focused on working in Asia and the Near East, Europe and Eurasia, and Latin America and the Caribbean. Composed of five equal partners — Academy for Education and Development, The Centre for Development and Population Activities, Meridian Group International, Inc., Pathfinder International and PROFAMILIA/Colombia, CATALYST is dedicated to working in partnership with the public, private and NGO sectors in developing, expanding and sustaining quality family planning and reproductive health services and healthy practices through both clinical and non-clinical programs. Special Acknowledgments CATALYST extends its appreciation to the Health Team of the Asia and Near East Bureau, USAID/Washington for its encouragement, support, and contributions in the development and production of this material. Credits Principal Author/Project Manager Zynia L. Rionda, MPA Contributors Victoria Baird, MBA Christina Kramer, MBA David Wofford, MS Photography Zynia L. Rionda, MPA Graphic Design De Val Grafik Source, LLC 202.362.7600 © July 2002, CATALYST Consortium This material was made possible through support provided by...
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