For Aramex, since the beginning, has the following perspective: customers and communities are inseparable. Throughout the years, Aramex have been committed to be the pioneer and the leader in acting responsibly towards shareholders, customers, people, the community and the environment.
Aramex is first company in the region to release a Sustainability Report. It ahas a strong advocate of corporate social responsibility, and this for sure was a reason for its growth, success though all the operations. It has also worked on a strategic approach to its responsibility towards society. That manifested in Aramex breaking ground and becoming the first company in the region to release a Sustainability Report.
Fadi Ghandour, Founder and CEO of Aramex said: “We are introducing Sustainability Reporting to our way of life in Aramex and we are also introducing it to the region as a way of the
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Hereunder are some of the reasons why the organization should be as responsible business:
• Employees demand their company to be socially responsible: When the company takes into consideration the social and environmental issues, this could lead to its credibility and gain the loyalty of the employee. Which also, it can lead to decrease the turnover of employees within the organization.
• Customers prefer the companies that are socially responsible: According to Forbes article: 88% of consumers think companies should try to achieve their business goals while improving the society and the environment
• Make the business more sustainable in the long-term: according to the Harvard Business review:” strategy is about choosing a unique position –doing things differently from competitors- these principles apply to a company’s relationship to society as readily as to its relationship to its customers and
Social responsibility makes a company more competitive and reduces the risk of sudden damage to the company’s reputation and sales.
Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of
or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.
Aramex, a leading provider in the logistics and transportation solutions sector, is a leader in the region in terms of internalizing and institutionalizing strategic CSR and sustainability. Aramex seeks to enable and facilitate regional and global trade and commerce and helps local and global companies connect with one another. It builds on a flexible business model and high investment in people and technology. It is
Why is social responsibility a major problem facing organizations and management? Global interdependence demands that organizations and management make social responsibility, ethical behavior, ecological protection, and economic development a priority. When a business is socially responsible it establishes that it cares about people, global sustainability, and the community as a whole. A lot of businesses have been
The company is an active member of the United Nations Global Compact, and is included in the Dow Jones Sustainability North America Index.
One of the main reasons corporations should be socially responsible is because consumers, one of the major shareholders, expect better business practices to the extent that they
As an eco-certifying organization, is not surprising that RFA has an unambiguous, holistic, but thorough idea of sustainability. It must set lofty ideals for corporations and companies to strive towards, in order for said organizations to receive RFA’s eco- certification. RFA’s ideals and assumptions about sustainability seem to be rooted in its notion that “the health of the land is inextricably connected to the well-being of those who depend on it for their livelihoods” (“About Us | Rainforest Alliance,” n.d.). The sustainability of the environment, the vitality of the economy, and the maintenance of a prosperous and satisfied society are valid expansions of RFA’s aforementioned notion, and they most certainly resonate
Nowadays, many international companies take sustainable development seriously. They understand that sustainable development can enhance their quality of life and their reputation in public. Sustainable development is "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." (Brundtland, 1987) Sustainability requires monitoring and managing all the person to ensure that our economy and society can continue to exist without destroying the social and natural environment during development. The sustainability includes three pillars, which are economic, social and environment, forming a triple bottom line. The triple bottom line demands that a company 's responsibility lies
The Aramex’s approach to sustainability contains a plenty of lessons everyone can benefit from. Firstly, Aramex seeks to be a sustainable company so it emphasized on the interest of all its stakeholders starting with employees, they got the opportunity to trained up to 17 hours for every employees and it was consistent with the promotion, reward and the ownership to stock, the reputation for sustainability and CSR had enhance recruitment and retention
aramex is not far behind in terms of social responsibility , Mr. Ghandour always insists to take care of his employees and customers so that the business will enrich satisfactorily
Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue
The company employs numerous petroleum engineers who examine geological samples to determine if there are oil & gas properties to be developed and produced around the world. They concentrate their efforts in areas that are known hot spots and actively search for new areas around the world as they try to gain a first mover advantage in a new oil region. They strive to operate successfully through strong leadership, talented employees, and cutting edge technology, as well as working collaboratively with their stakeholders (Nexen).
Based on Ansoff's Matrix Ghandour generate altrantive strategic direction of the Aramex(Richardson and Evans, 2007). Ghandour integrated sustainability in the DNA of Aramex. Ghandour starting him self in training and workshop projected sustainability a part of Aramex culture. 12,088 volunteering Hours of community service from Aramex employees had been completed.. Ghandour establish effective communication through team meeting, decentralized and horizontal business model and management structure, Ghandour to prove that the employee is main key of successful he empowerment front line employees to make decision to maintain the company operation as aresult of this trust, employees take the responsibility and they contribute directly to inverse the company profit (Johnson, et al;
According to business dictionary, environmental sustainability is the maintenance of the factors and practices that contribute to the quality of environment on a long-term basis. (Business Dictionary) Any corporate has social responsibility to assess and take responsibility for the company's effects on the environment and impact on social welfare indefinitely. (professor Stenzel’s article) However chemical companies’ sustainability efforts and involvement are critical. it was fascinating to see the biggest chemical company in the world, BASF involves and cares on sustainability. it has a potential sustainability program toward the environment and has potential to spread sustainability awareness among its reliable partners. As the biggest chemical company in the world, my classmate Ian Beason and I wanted to know how BASF pursue its sustainability effort and we interviewed James Peterson, BASF Marketing Manager. James Peterson has been working with BASF for 17 years. BASF measures its sustainability success by enhancing sustainability along the value chain, Quintuple Bottom Line, corporate social responsibility and community outreach and cooperating with government regulation.