INTERNET PROJECT: TARGET’S SOCIAL RESPONSIBILITY Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. (World Business Council for Development, 2016) Environment Goals Specific Task Action Taken to Achieve Task 2014 Progress Source (Page #) Example: Increase sustainable seafood selection Ensure that our fresh and frozen seafood selection is 100 percent sustainable, and traceable, or in a time-bound improvement process by 2015. At the end of fiscal 2014, 58 percent of the fresh and frozen seafood we sell in our U.S. stores met …show more content…
2.7% reduction 4 Team Member Well- Being Goals Specific Task Action Taken to Achieve Task Progress Source (Page #) 7. Increase use of financial tools Increase the percentage of team members participating in the Target 401(k) who are using financial tools and resources provided by Target to 30 percent by 2015. By the end of 2014, 22.5 percent of team members participating in the Target 401(k) plan were using financial tools and resources provided by Target. In 2014, we drove progress against this goal by creating easier access to resources and allowing individuals to personally assess their financial wellness, find financial information based upon a life event, or find tools that help them reach a financial goal. We will continue these efforts in 2015 to increase participation companywide. 22.5% participation 6 5. Increase colon cancer screenings Increase the percentage of eligible team members and dependents enrolled in a Target health plan getting colon cancer screenings to 63 percent by 2015. In 2014, 42 percent of eligible team members and dependents enrolled in a Target health plan received a colon cancer screening (down slightly from 2013). We’ll ramp up progress on this goal by continuing to make testing more convenient by providing easy to use at-home test kits to eligible team members and mailing information about the importance of colon cancer screenings to team members. 42% compliant 7
Firstly, I would like to explain what Corporate Social Responsibility is. “It is a company’s sense of responsibility towards the community and environment (both ecological and
“Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.” (Baker, Mallen (June 8,
Chapter 5 in the text, Business, Government, and Society by John F. Steiner and George A. Steiner, corporate social responsibility is defined as the corporate duty to create wealth by using means that avoid harm to, protect, or enhance social assets. General Electric in the Jack Welch Era fulfilled its corporate social responsibility but by marginal measures.
Target Corporation is an upscale retailer that provides high-quality, on-trend merchandise at attractive prices in clean, spacious and guest-friendly stores. Having worked for target in the past, I have found this company to always keep their guests and team members in their top priority. In 2015, Target Corporation set goals for the future CSR which are making fitness and wellness a way of life for guest and team members and communities, pursuing sustainability for products and business operations, promote a more inclusive society and engaging with their communities. Every year Target makes a set of goals to be achieved and in 2015 according to their CSR Report, 20 goals we set and 10 out of the 20 were achieved.
Since Planet Shrimp is particularly passionate about its vision, alignment with strategic vision is the rated the highest out of all the decision-making criteria. It is the most feasible option because it requires working with only a select number of locations, which is most cost-effective. Moreover, Planet Shrimp will be able to sustain demand; since they are only producing a limited amount of shrimp right now, they should focus on ensuring that they can maintain a steady supply to build a strong foundation on which to further expand their network. Working with stores who are already known for their sustainable values ensures that the Planet Shrimp brand reputation is maintained. Those who understand the importance of Planet Shrimp’s values will likely be the “early adopters” and champions of their product, marketing their shrimp through word-of-mouth and organic marketing. Although there is a market within large chain grocery stores for sustainably sourced seafood (such as Loblaws), these grocery stores do not have as much of a focused message of sustainability as smaller, independent stores. Thus, Planet Shrimp’s brand identity has the potential to be diluted amongst the greater offerings of large chain stores.
Corporate Social Responsibility are actions taken by a corporation that have positive and lasting impact for all stakeholders associated with the organization, seeking to strike a balance between profits and helping to establish lasting investment in the community (Carrol, 2015). In the 1980’s, then President Reagan challenged the business community to take on more responsibility to address social problems (Carrol, 2015). Socially responsible actions can benefit local communities as well as the greater societal good.
Corporations such as the Mayo Clinic take social responsibility very seriously. Corporate social responsibility is the integration of business operations and values, whereby the interests of all stakeholders including investors, customers, employees, the community and the environment are reflected in the company's policies and actions (www.csrwire.com). The
Corporate social responsibility is defined as "actions of an organization that are targeted toward achieving a social benefit over and above maximizing profits for its shareholders and meeting all its legal obligations" (Ghillyer, 2012). The for-profit company, TOMS Shoes, takes social responsibility seriously starting with their central goal: "We can create a better tomorrow by taking compassionate action today" (TOMS Shoes: Giving Over 2 Million Shoes to Children in Need, 2013).
Corporate social responsibility is the responsibility a company takes on beyond its own economic benefit. Wikepedia (2006) states that it is "a company 's obligation to be sensitive to the needs of all of the stakeholders in its business operations" (Corporate social responsibility, para. 1). Stakeholders according to Wikepedia (2006) are all entities that might have influence on a company 's decisions. However, it should be pointed out that corporate social responsibility surpasses charitable donations and
The definition of corporate social responsibility is when a business takes responsibility for the impact it leaves whether it be bad for the environment, customers or anything involving society. Social responsibility is the concept of businesses not just focusing on maximizing profit but also trying to maintaining a positive image for the business. A main concept for social responsibility is “do unto others as you would have them do unto you”. Not a hard concept to grasp. You basically need to act how your parents taught you to as kids, treat people how you want to be treated. Just add having good business sense and you have a potentially promising future in the corporate world. The company could be doing this
Corporate social responsibility (CSR) is the ethical behaviour of a company towards society it operates in. It is a commitment to the concern to the society’s sustainability & development.
Target Corporation 's social responsibly commitment area for the employees, customer and communities are creating positive shopping experience, making Target Corporation a great place to work, and support the community. Positive experience includes selling clean natural products and organic and sustainable product better for human beings. The “Simply Balanced” is certified organic food that will not contain harmful Tran-Fats or any of food additive ingredients, and the plant based food are GMO-free (CSR, 2014). Target Corporation sells a resource responsible product by working with a supplier that helps to sustain food supply including seafood that is traceable. It designs a packaging using recycle and renewable material and reduces overall material thus reducing waste. This helps to protect the product and positive impact on the surroundings and environment.
Corporate social responsibility is a company’s way of making sure that they comply with the law and ethical standards whilst increasing its positive affects on society. For today’s socially conscious shopper, selling a good product or service is no longer enough to attract customers. Company Q displays little regard for social responsibility within the community that their company operates in.
CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.
Corporate social responsibility is the voluntary stance or set of actions from a corporation that demonstrate a contribution to a better society and a cleaner environment. Corporations are already required to operate within the law, but laws do not always protect all people or individuals who will be affected by the corporation’s actions. In addition to this, it is very common for special interests to play a part in legal decisions through lobbying efforts, so it is assumed to be an additional effort for a corporation to be socially responsible. Being socially responsible essentially comes down to being considerate and calculated in the decision making process, paying attention to the consequence of every action. In the ethical decision making model, there are two particular steps that I believe to be of greater importance than the others. The first would be that of