Corporate Social Responsibility Project – BA 342 SP15
Zulaikha Ismadi
The H.J. Heinz Company or Heinz, founded by Henry Heinz in 1888, is a renowned American food processing company. Heinz offers one of the world’s leading producers of convenient, healthy and reasonable food products, specializing in sauces, ketchup, soups, snacks, meals and infant nutrition. On February 2013, Berkshire Hathaway and 3G Capital successfully acquired Heinz, which provides tremendous value to Heinz shareholders. Since 1869, Heinz has been dedicated to sustainable business procedure which encompasses every aspect of their businesses.
Employees:
Heinz provides ample benefits for their employees around the globe. In the United States, Heinz employees are eligible to obtain influenza shots at no cost and have the opportunity to acquire free preventive medical aids that include yearly checkups and other health screenings. Meanwhile, in the South America, there is a doctor on site to provide medical assistances to workers throughout the workweek. Generally, Heinz offers tremendous competitive health care benefits around the world in markets where there is an established demand for employer-sponsored plans. In terms of safety and well being of their employees, Heinz believes that occupational health and safety is the most crucial element of good operational performances from the factory floor to their global offices. They provide obligatory safety training for all production employees and
I am writing this paper to discuss the different corporate social responsibilities (CSR) that Crayola, Disney, Google, Lipton, and Tyson are involved in and to determine their productiveness. First, I will provide you with the history of these corporations and then I want to tell you about their CSR initiatives. I will evaluate each business and deduce whether they are really socially responsible or not.
The attitude that Company Q represents by their current actions do not display social responsibility to
Company Q is a grocery store located in a high traffic area. As a company they are socially responsible when it makes them money. Company Q was socially responsible when it came to giving the customers what they wanted, in this instance it was organic food. As a company they knew that they could make money off the customers buying higher end food. However Company Q wasn't socially responsible when they were asked to donate the day old food to the food bank. They wouldn't be gaining any money from this, they would be loosing money. The money that they spent to either buy this or make the product would be gone. Overall I would say that Company Q is not a socially responsible company. You can't be socially responsible only when it is a convenient
Social responsibility is a construct of appropriate ethical behaviors, where two or more individuals, and corporations strive to provide better outcomes for the benefit of society as a whole. With such a set of meticulous structured frameworks in mind, it is fundamental to achieve a harmonious balance between the ecosystem and the developing economy. However, social responsibility is not always first and foremost on the mind of big name corporate companies – such as General Mills Inc.
The Heinz Company was incorporated in Pennsylvania on July 27, 1900. It manufactures and markets food products throughout the world. The company is mainly organized into the following reportable segments:
Environmental issues are presenting themselves as temporary or permanent alterations to things such as the water, atmosphere and land because of human activities, which can have an effect and some impacts that may be either revocable or permanent. Social issues can develop in the place of work of a client's/investee's processes and possibly will also impact nearby communities. A client's/investee's presentation in the areas discusses in this essay can represent environmental and social jeopardies to the process. Companies are obligated to encounter an assortment of domestic and international laws and regulations applicable to environmental and social issues. For example, many countries have food safety regulations, building codes, air and water emission standards, product labeling requirements, workplace safety requirements and anti-corruption laws. Governments are continuing to enact new regulations and are also using legislated market mechanisms that influence corporate behavior and put an additional price on corporate activities. With that said, in this essay, Kraft is the company that will be recommended in taking actions to manage its environmental and social issues.
Answer each question as completely as possible. Each question is worth 10 points for a total of 50 points. The exam is due in the dropbox by noon on Wednesday so I will have time to grade it before the grade reporting deadline.
The Kraft Heinz mission statement reads, “[quality products] whether at home, in restaurants or on the go” (About, 2017). Kraft Heinz has taken great care to ensure the brands products are accessible. Furthermore, Heinz is able to use the domestic location to expand into foreign markets, rather than attempting to penetrate the United States market from the outside. Heinz has the advantage of “being made in the USA” which many consumers find attractive. However, Kraft Heinz’s ambition is to increase the brand’s international presence.
Corporate social responsibility (CSR)1 has become a hot topic in boardrooms across the world. Changes in corporate value systems are being driven by pressures from different actors, including governments, consumers, non-governmental organizations (NGOs) and institutional investors (diagram 1). Multinational corporations (MNCs) have operations spread across the globe, relying on both foreign affiliates and arm’s-length suppliers arrayed along global supply chains, many of which encompass developing countries. What then does the growing CSR movement mean for developing country producers? The chapter addresses this
Given that socially responsible organizations should seek ‘minimize their negative impacts and maximize their positive impacts’, the fast food industry provides an important context in which to debate the issue of corporate social responsibility. While the influence of myriad factors, including increasing sedentary lifestyles, on
The realm of Corporate Social Responsibility (CSR) is to increase business profitability and opportunities by making improvements in terms of operational effectiveness throughout the value chain (Rangan, Chase & Karim, 2012). This increasingly popular CSR among corporate and academic leaders is synonymous to the “shared value” framework, whereby organizations seek to co-create economic and social value. According to Ridurnolu, Prhalad and Rangaswami (2009), corporations from the United States recognize the business value of revolutionizing new manufacturing and technology that cut operating costs while minimizing impacts on the environment. This CSR domain focuses on operational efficiency and also building revenue, with the initiative to be determined by the ability to improve the corporate bottom line while at the same time returning social value. To achieve that, the strategy is to reengineer a corporation’s entire value chain, which stems from natural resource extraction and sourcing to manufacturing, shipping and product delivering.
The rising need for protection of intellectual property rights and improvement of public health lead the pharmaceutical industry to establish an agreement in 2001 with the World Trade Organization. In Sanofi’s earliest archived sustainability effort, Environmental Progress Report 2001, it states that Sanofi has taken initiatives to promote sustainable development as a reaction to the rise of wider and on going responsibilities. They have pursued these defensive efforts through promoting safety in the workplace, industrial hygiene, respecting the environment, training & investment, and many more. Sanofi is shelling out great investments for their sustainability programs. In 2001 alone, Sanofi allocated 11.2 Million Euros for a program to limit its operations’ impact on the environment. By 2008, Sanofi showed efforts of compliance with the United Nation’s Agenda 21 Blueprint for sustainability by establishing the four pillars (i.e. Patient, Ethics, Planet, and People) that serves as the foundation of their sustainability efforts . In the following year, Sanofi began its transformation to a diversified global health care company. With this, a Corporate Social Responsibility Direction was created which changed their sustainability report to an encompassing Corporate Social Responsibility (CSR) report. These efforts lead Sanofi to embed their ethical responsibilities and discretionary responsibilities into the company’s
Laura, a student at a university in California, was chosen to participate in a two-month internship in India which focused on collecting data about the progress of a Corporate Social Responsibility (CSR) project. At the end of the internship, Laura was to present the information at the company’s headquarters. While Laura was in India she struggled with communicating with people because she did not speak the native language and her translator, Ravi, often did not show up or was incredibly late to meetings. Ravi was also Laura’s CSR project coordinator and supervisor. The staff informed Laura that Ravi had not been preforming weekly meetings as expected. After relying on limited English to perform interviews with the staff and students, Laura discovered that there had been financial mismanagement of student tuition fees, rapid staff turnover and a drop of females attending the college. Laura informed Ravi of the issues that she had discovered. Ravi told Laura to not report her findings to the company’s headquarters since they had little involvement in the project and would not be able to make any improvements but that he would handle them internally. Since Laura was new to CSR work she was scared that she might cause consequences for the staff and students that she built connections with. As an intern, Laura knew her job was to document the setbacks of the project but Ravi was discouraging her to do so which made it hard for Laura to honestly report her findings to the
Business ethics in global economic can simply define in terms of social and ecological responsibility of business. According to these definitions, business ethics requires that business decisions should not focused on some of the socioeconomic and cultural of the decision, but also counterproductive in certain socioeconomic. This means that people who work in the business world should consider how their economic decisions affect others people, society, and even the environment.
“We must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex” (Eisenhower). This was Eisenhower’s warning against the military-industrial complex in his farewell address as president. Even so, our military and government have gotten out of control with the amount of money the goes to defense spending every year. This is precisely why our government needs to adopt some form of corporate social responsibility to, at some level, be able to regulate themselves. There are just too many examples of wasteful spending spawning from bad policies and dependency to ignore the source of the problem any longer.