Sears Canada Commitment to CSR Sears Canada commits itself to Corporate Social Responsibility and truly cares about the "triple bottom line", or "people, planet, and profit". Sears cares not only about making money but also making sure they do it in an ethical manner. Environmental Issues Sears Canada is meeting the environmental needs of our world in many different ways. To start with Sears not only sets goals, but the company also achieves them. Starting in 2007 Sears set the ambitious goal of reducing their paper consumption by 50% by 2013, one they achieved. One other goal they set was starting in 2007 to reduce their carbon footprint by 50% by 2020. As of 2010 they had reduced their carbon footprint by 15%, ahead of schedule. Helping to make our Earth cleaner with less garbage in landfills and less pollution in our air is what Sears is doing to help protect our Earth. The positive outcome to society that occurs by Sears meeting the …show more content…
They hire many people with disabilities to work for them and will not decline someone from working at Sears because of a disability. The people at Sears also work hard to meet the needs of employees with disabilities. For example Sears may need to add ramps to accommodate an employee's needs. Also Sears implements the "Accessibility for Ontarians with Disabilities Act" by training their employees to communicate with people who have disabilities in an appropriate manner. Also Sears makes all of their facilities wheelchair assessable including washrooms and elevators. When Sears implements these acts a positive outcome to society occurs. When anyone has access to either working in a Sears store or being able to shop at one it benefits everyone by being courteous to the needs of people with
Corporate Social Responsibility or CSR is defined by McMullan and Cardin as “an organization’s responsibility toward people and the planet, is increasingly seen as an important part of doing business”. Tim Hortons is a successful fast food restaurant chain in North America with over 4,000 stores with the vast majority located within Canada. As someone who has worked at Tim Hortons for the four years, I felt this was a good company to look at more in-depth as I have my own general knowledge and opinions on their current CSR and would like to research the company on a larger scale. This report will be looking at Tim Hortons’ CSR efforts, their target audiences, how their CSR is communicated to their target, any criticism that they have received as a company and my personal opinion of their Corporate Social Responsibility and whether or not I feel that they are succeeding as a company or not.
Windsor, D. (2001). The future of corporate social responsibility. International Journal of Organizational Analysis, 9 (3): 225-256.
The Wal-Mart Corporation is a multi-billion dollar low-cost retail organization, consisting of 6400 stores and 1.8 million sales associates worldwide. Wal-Mart’s influence on the retail world and the enormity of their corporate size is unparalleled. Wal-Mart can easily report sales of $312.4 billion dollars per fiscal quarter and net profits of $3.8 billion dollars. Wal-Mart promises her customers "Always low prices. Always!" and upholds this motto by providing low prices to her customers and high return on investment to her stockholders. One way that Wal-Mart has managed to maintain a competitive edge over other low cost retail giants and provide low prices is by cutting wages and by not offering too many company benefits to their employees. Full-time employee working at Wal-Mart only make $8 an hour, while only 45% of the workers can afford to be covered by health insurance. Wal-Mart also increase part time employees from 20 percent to 40 percent so that they do not have to cover all of their employees for health insurance . Although Wal-Mart may not provide excellent benefits to her employees, it successfully performs as a legitimate business operating in a capitalistic society. Wal-Mart upholds the primary fiduciary duty to satisfy her stockholder and follows free the market libertarianism model, which states that a business should not interfering with the free market. In a free market Wal-Mart has a direct responsibility to her primary stockholders rather than the employees of a company.
... increase energy efficiency. The primary goals included spending $500 million a year to increase fuel efficiency in Wal-Mart’s truck fleet by 25% over three years and double it within ten, reduce greenhouse gas emissions by 20% in seven years, reduce energy use at stores by 30%, and cut solid waste from U.S. stores and Sam’s Clubs by 25% in three years. CEO Lee Scott said that Wal-Mart's goal was to be a "good steward for the environment" and ultimately use only renewable energy sources and produce zero waste. Wal-Mart further took a few steps in a positive direction, which included becoming the biggest seller of organic milk and the biggest buyer of organic cotton in the world, as well as reducing packaging and energy costs.
Sears has seen many different changes in business and has had to adjust to t...
Currently in Canada, the amount of waste generated by households is increasing. As Canadians continue to consume more, the amount of waste created as a result increases as well and between 2000 and 2004, household waste increased by 19% (Statistics Canada, 2008, para. 8). While this is appears to be a frightening statistic for landfills across Canada, recycling is actually increasing as well, and at a faster rate. Over the same time period (2000-2004), household recycling increased by 65% in Canada (Statistics Canada, 2008, para. 9). This is a positive sign as it is clear that Canada’s increase in trash is being offset by a much stronger effort with regards to recycling.
This report summarizes the results of a review of Target Corporation’s sense of social responsibility as discerned by examining three areas: ethics, social responsibility, and environmental sustainability practices. It presents an overview of Target’s historical and ongoing corporate social responsibility (CSR) efforts, and an evaluation of Target’s CSR efforts based on the corporation's policy, performance stated objectives, key performance measures, and select peers. The report includes recommendations for improvement as well as measures for evaluating improvement. The sources of Target’s policy and performance results are its corporate governance documents and corporate reporting.
This paper should explain how Wal-Mart and Target shows a social responsibility of success and the other socially responsible that have failed. The two organizations are quite similar top retailers and competitors in business. The distinction between the two organizations will help determine the strength and weakness of being socially responsible in business.
Environmental awareness has also become a distinctive competence for Walmart. The company has a genuine concern to reduce their environmental footprint, which will appeal to customers who support this initiative. They are leading the way for other big-box retailers who can make a big difference with small changes. All of their goals and objectives are published in the annual statement for shareholders and the general public.
In conclusion, the impact I personally have on the planet has surprised me. My personal ecological footprint is much larger than I expected. However, there are measures I can take to drop my current consumption rate, such as altering my recycling choices, making better purchasing decisions, and adopting the reduce, reuse, and recycle concept throughout my household. By altering my habits and consumption rate, I can affect my local community tremendously in a positive way for the planet Earth.
Business organizations regularly run into demands from various stakeholders groups when conducting day-to-day business. These demands are generated from employees, customers, suppliers, community groups, governments, and shareholders. Thus, according to Goodpaster, any person or group of people that can shape or can be shaped by attainment of the objectives by an organization is considered a stakeholder. Most business organizations recognize and understand their responsibilities to these groups and endeavor to honor and fulfill them. These responsibilities are often communicated to the public by a statement of principles or beliefs. For many business organizations, corporate social responsibility (CSR) has become an essential and integral part of their business. Thus, this paper discusses the two CSR views: the classical view and the stakeholder view. Furthermore, I believe that the stakeholder view has brought ethical concerns to the forefront of businesses, and an argument shall be made that businesses would improve both socially and economically if CSR, guided by God’s love, was integrated into their strategic planning.
The corporate social responsibility is a commitment by a business to contribute to economic development while improving the quality of life for employees and their families’ as-well as contributing to the society. Walmart is a well-known company that offers customers the items they want and need at a low cost, with nearly 4,000 stores in the United States. According to the Fortune 500, Walmart was ranked number 1 in 2015. Just like any other superstore Walmart needs to continue the use of social responsibility by recreating a relationship between business and the community especially if they want to dominate the competition in 2016. The use of sustainability, strategic philanthropy, causing market, shared values, stakeholders and global perspective will help readers understand the purpose of social responsibilities in the corporate world.
The expectation that businesses behave responsibly and positively contribute to society all while pursuing their economic goals is one that holds firm through all generations. Stakeholders, both market and nonmarket, expect businesses to be socially responsible. Many companies have responded to this by including this growing expectation as part of their overall business operations. There are companies in existence today whose sole purpose is to socially benefit society alongside businesses who simply combine social benefits with their economic goals as their company mission. These changes in societal expectations and thus company purpose we’ve seen in the business community over time often blurs the line of what it means to be socially responsible, how far a company should go to achieve this and just how much it should cost.
Sears uses globalization to not only sell its products but to receive them as well. As you know, most of the products that are sold at Sears are made in other countries. There are garage door motors that are made in Mexico and clothing made in Asia. This shows you just how much we rely on globalization. There is not much thought about how a product got to you when you go to your local Sears and make a purchase. Many of the Sears brands like Craftsman and Kenmore are built in many different countries. Sears does not just sell in the US it has stores in Canada, Mexico, and the Bahamas to name a few. Sears has a web site for Canadian buyers, the models that are on the web site look Canadian so it’s not like Canadians are trying to buy things to make them look like Americans.
The sustainability of ecosystems on which the global economy depends must be guaranteed. And the economic partners must be satisfied that the basis of exchange is equitable” (World). This quote demonstrates the complexities of sustainability. Another thing corporations should focus on when trying to be sustainable is their environmental impact. Annie Leonard in her book The Story of Stuff says that companies can significantly reduce their toll on the environment by changing their design. The design determines “the amount of energy used in making and using the product,” “the length of the product’s life span” and “its ability to be recycled” (Leonard). All these things determine the amount of resources a company must use, so simply changing a product’s design is one way a company can have a large impact on the sustainability of the environment in which it operates. One example of this is that “Wal-Mart attributed more that $100 million of its 2009 revenue to a decision to switch to a recyclable variety of cardboard in shipments” which it sells to a recycler instead of paying to send it to a landfill