What´s Corporate Social Responsibilities - 579 Words

1. Corporate Social Responsibilities (CSR) is about how companies make profits in an ethical way. Coca-Cola has adhered to this principle and had removed a chemical ingredient(brominated vegetable oil BVO) from its drink, a chemical associated with memory loss. BVO is banned in several other countries but allowed by FDA is US. Due to an online petition, thousands have pressured Coca-Cola to remove it. Coca-Cola listened and removed BVO. The stakeholders – consumers are cared for as Coca-Cola is doing their best to preserve health. A spokesman said:’We are concerned about the welfare of our consumers and their health remains our top priority.’ Coca-Cola also treats discharged water from factories. The water treatment exceeds standards enforced by regulators due to strict water treatment policies by Coca-Cola. This has improved safety measures in factories and helped eliminate waterborne diseases such as Cholera. 99% of Coca-Cola’s plants comply with the water treatment standards. Coca-Cola has a goal that ensures all the water it discharges will be able to support marine life. Coca-Cola Africa Foundation has collaborated with Water Health International to fund water treatment and distribution centres in Ghana. Safe drinking water is provided to school children by extensive purification to show mutual benefits between Coca-Cola and the community. Moreover, Coca-Cola provides funds to fight diseases such as AIDS. Partnership with Global Fund to supply accessShow MoreRelatedWhat Is Moore s View Of Corporate Social Responsibility1563 Words   |  7 PagesWhat is Moore’s view of corporate social responsibility? After GM began to announce that the company will be closing it’s location in Flint, Michigan and will be moving down to Mexico the whole city of Flint began to deindustrialize. About half of Flint was left unemployed. Due to a lot of people losing jobs, primarily from the GM company, more and more people were being evicted from their houses and going on welfare. Because of the outsourcing it lead to Flint becoming deindustrialized. A lot ofRead MoreSocial Responsibility And Business Ethics Essay1470 Words   |  6 Pagesrole of social responsibility in business organizations and society. This paper will compare similarities and differences between Cohen’s perspective on social responsibility to the social responsibility and business ethics theories of Drucker and Milton Friedman. Furthermore, this paper will provide a frame of reference on corporate social responsibility and business ethics presented in other research. Social Responsibility Defined Cohen, 2009 wrote in his article that Drucker defined social responsibilityRead MoreVolvo : Corporate Social Responsibility1155 Words   |  5 Pages Volvo in Corporate Social Responsibility. Avinash Adapa(1678167) Prof Eleni P.Mylonas EPS 8R Fairleigh Dickinson University DATE: 09-27-2014 Abstract Corporate Social Responsibility means their responsibility towards the community and the environmentRead MoreCorporate Social Responsibility779 Words   |  4 PagesPolytechnic University of the Philippines Sta. Mesa, Manila College of Business Submitted by: Ramizares, Riza Marie M. BSBA HRDM 4-6N Submitted to: Professor Celso D. Torreon Corporate Social Responsibility Corporate Social Responsibility * Organizational Culture is the behavior of humans who are part of an organization and the meanings that the people attach to their actions. Culture includes the organization values, visions, norms, working language, systems, symbols, beliefsRead MoreThe Impact Of Corporate Social Responsibility On Business1626 Words   |  7 Pages In contrast, this research shows that the impact of corporate social responsibility can extend beyond public relations and customer goodwill to influence the way consumers evaluate a company s products. Specifically, this research documents that acts of social goodwill--even when they are unrelated to the company s core business, as in the case of charitable giving--can alter product perceptions, such that products of companies engaged in prosocial activities are perceived as performing betterRead MoreThe Conception Of Corporate Social Responsibility1236 Words   |  5 PagesSocial responsibility is the accountability of companies for the contacts of i ts results along with actions on civilization and the surroundings, through crystal clear and ethical performance with the purpose of gives to continue progress together with the strength and the benefit of people. The truth so as to the expressions itself has tainted above this point also recommends that the significance qualified to perception for example, corporate social responsibility will maintain to progress inRead MoreCsr in the Hospitality Industry1293 Words   |  6 PagesStillwater September 29, 2009 Corporate Social Responsibility in the Hospitality Industry Introduction Corporate Social Responsibility (CSR) has progressively become known as a germane issue in the corporate world for the past decade. Making the world a better place, socially and environmentally, is a global accepted phenomenon. According to Porter Kramer, 2006, â€Å"corporate social responsibility has emerged as an inescapable priority for business leadersRead MoreThe Importance Of Corporate Social Responsibility Development1196 Words   |  5 Pages Introduction Recent decades have witnessed the importance of Corporate Social Responsibility development in business landscapeï ¼Å'which is defined as be responsibility to all corporation activities with environment sustainable. Whether a small enterprise or a multinational company, CSR is an integral part of company to promote brand imageï ¼Å'enhance social harmony. And it also become a standard of company working measurement. Internallyï ¼Å'the CSR activities give staff respect and welfare, and forRead MoreWhat Does Corporate Responsibility Mean1518 Words   |  7 PagesWhat Does Corporate Social Responsibility Mean? Corporate initiative to assess and take responsibility for the company s effects on the environment and impact on social welfare. The term generally applies to company efforts that go beyond what may be required by regulators or environmental protection groups.  Ã‚   Corporate social responsibility may also be referred to as corporate citizenship and can involve incurring short-term costs that do not provide an immediate financial benefit to theRead MoreReview Of Corporate Responsibility Research1102 Words   |  5 Pages1. Corporate Responsibility Research :- Past—Present—Future(june 2015) 1. Abby Ghobadian 2. Kevin Money 3. Carola Hillenbrand Henley Business School, University of Reading, UK Carola Hillenbrand, Henley Business School, Henley-on-Thames, Greenlands, RG9 3AU, Oxfordshire, UK. ABSTRACT The concept of corporate responsibility (CR) has moved a long way over the past six decades, since Bowen’s book titled Social Responsibilities of the Businessman marked a modern era of business and society