Socially responsible investing

its code of conducts and employ illegal workers in poor working conditions. When BBC revealed the dishonored behavior, it cost Primark millions of dollars in information and advertising campaigns to restore consumer loyalty. It implies that a socially responsible firm that follows CSR practices can have less risk of negative rare events and thus avoid unnecessary cost. 2.2 Revenue A numerous empirical findings have revealed a positive correlation between

When thinking about corporate sustainability reports and social performance, apparel always seems to come into the minds of many people and for many reason. There are always discussions about sweatshops and the treatment of labor as well the far-reaching impact apparel has on the environment, from water and energy usage to chemical release. Moreover, it is difficult to discern if the issues are relevant to the clothing a consumer is considering purchasing and therefore the issue of transparence

Corporate Ethical and Social Responsibility – Apple Company Apple Company is one of the largest manufacturers of computers and electronics. “Apple Company was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought forth a new company vision of changing the way people, viewed computers” (Library of Congress, 2008). The ethical and social responsibility of Apple Company should have started with its inception; however, it did not. It was not until years later with the

including; purchasing, development and financial services operating in 14 states throughout the U.S. The company developed a centralized corporate level management team that was highly experienced in the homebuilding industry. This management team was responsible and handled all important decisions the company made. The Lennar Company continued to grow and flourish and subcontractors were hired “for site improvements and virtually all of the work involved in the construction of homes” (Rankine, G., 2009

of doing industry and commerce, and the way of having effects on the exterior of its offices, both domestically and internationally. The Philip Morris International aims to maintain both high domestic and international standards of being a socially responsible

Viola Li AR7 6A Christine Scardicchio Dec.12th 2009 RESEARCH REPORT The Benefits of Implementing Corporate Social Responsibility Programs Nowadays, with the development of the consciousness of Corporate Social Responsibility, organizations would like to expand their positive influence on the environment, consumers, employees, communities and investors. It has become a business necessity to make people focus more on an organization’s decisions and their broader impacts (Greenhalgh,

Economy. Deakin University, Melbourne J.M. Darley (2005). How Organizations Socialize Individuals into Evildoing In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based on social good and on ensuring positive environmental practices. The two articles reviewed both focus on this corporate

Countrywide was founded in 1969 and was one of the nation’s largest mortgage lenders. It used to hold about 17% of all United State’s mortgage and was listed as #91 among Fortune 500 companies. I chose the case study of Countrywide because it reminds me of the powerful era of the mortgage industry and how it collapsed leading to the chain reaction of economic and financial crisis; creating almost depression symptoms in the housing market, and pushing the economy to the edge of recession. Countrywide

STAKERHOLDER KEY TIPS (1)Community Stakeholders a. Generous financial donations b. Innovative giving c. Support for education and job training programmes d. Direct involvement in community projects and affairs e. Community volunteer programmes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders

The responsibility of a business goes beyond just turning a profit, they also have an obligation to society. The stakeholders; consumers, employees, the community and the environment, all have a variety of needs that should be met by the company. These needs can include things such as safer more affordable products for the consumer, fair wages and good working conditions for the employee, or environmentally safe production practices that cut down on pollution for the community. Meeting these needs