Wednesday, May 6, 2020

Corporate Social Responsibility Is an Inescapable Priority...

Over the last decade, Corporate Social Responsibility (CSR) has emerged as an inescapable priority for companies all over the world. Governments, activists, and the media have to a greater extend become adept at holding companies account for the social consequences of their business activities. As a result, companies are increasingly being ranked on their CSR performance. Sustainable clothing that is still luxurious. An unusual concept but this is what Peter Ingwersen, an established Danish designer, has set out to achieve with the launch of his dual luxury fashion brand Noir-Illuminati II. The launch of the socially aware brand has brought a ‘totally new concept’ to the fashion industry promoting Corporate Social Responsibility in an†¦show more content†¦Noir produces beautiful, cutting-edge clothes that are still ethical and socially responsible. ï  ¶ Mission: Noir-Illuminati II is a Danish company established in 2005 consisting of two different companies: Noir and Illuminati II. Noir is a fashion company, which designs and sells responsibly produced fashion luxury clothes to conscious consumers. Illuminati II is a cotton fabric brand, which develops and produces organic cotton fabrics to supply Noir and eventually other brands with responsibly produced cotton fabrics. Noir-Illuminati II joined the UN Global Compact in 2006 as an important step towards integrating universal principles on human rights, labor rights, environmental standards, and anti-corruption into its business model. Today, the company aims to ensure that the principles of the UN Global Compact are respected throughout the company’s value chain and requires all suppliers to abide to the principles of the Compact. It is a far-reaching process to introduce and guarantee compliance with international principles and standards in all the different parts of the value chain but Noir-Illuminati II committed to be a front-runner in the fashion industry. Hence, to Noir-Illuminati II this is a work in progress and the company focuses on ensuring gradual and continuous improvements. Peter Ingwersen’s founding vision behind Noir was to set up a luxury fashion apparel brand that in all links of the supply chain was based upon CorporateShow MoreRelatedCsr in the Hospitality Industry1293 Words   |  6 Pages 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 leaders in every countryRead MoreGupta, President And Ceo Of Coca Cola India1400 Words   |  6 Pagesissues that Gupta’s focus should be on in regards to short term are the allegations from Center for Science and Environment (CSE) that threatens to tarnish the image of the company’s brand, and the survey result of the its consumers. Crisis is inescapable. When it does occur, for the most part, ones’ wish is for it to go away as fast as possible. While it is an uncomfortable dilemma; nonetheless one ought to have a plan in place to reconcile the issue. In this case study Gupta, president and CEORead MoreCo nflicts in IT Industry due to ethical issues There is a thin line between right and wrong in the1200 Words   |  5 Pagesstandards are clearly defined and are in practice. These terms are directed by business and ethical attributes fixed by the organisation; these are incorporated by organisation’s code of ethics which administer its employees. The conflicts in IT are inescapable as there are many employees from different backgrounds working on a project or in a team, these conflicts may arise due to different attitudes, assumptions, demands, commitments etc. Personal privacy in IT: Privacy can be defined as an individualRead MoreImpact of Driving Forces of Globalization2153 Words   |  9 PagesCollege of Education Research, Kandivali (East), Mumbai. Title of the Paper : Impact of driving forces of Globalization – Role of Education Globalization has come to be a principal characteristic feature of the new millennium and it has become an inescapable reality in todays society. No community and society can remain isolated from the forces of globalization. The cyber society has come with a bang. The computer culture is spreading rapidly. Even in a poor country, coca-cola, cars, cosmetics andRead MoreAnglogold Ashanti: Analysis of Csr Strategy6695 Words   |  27 PagesAngloGold Ashanti An Analysis of CSR Strategy Performance Essay 1 By: S. BLIDI ELLIOTT Index No.: EMBA 10110042 Course: Ethics, Social Responsibility and Governance Course No.: EMBA 663 Lecturer: Dr. Judy N. Muthuri Date: September 28, 2012 Word Count: 5,709 This essay is the first of a two-part series critically examining the corporate social responsibility (CSR) strategy and performance of AngloGold Ashanti (AGA). This first essay analyses the company’s CSR strategy and activities againstRead MoreStrategy and Society9783 Words   |  40 PagesStrategy Society The Link Between Competitive Advantage and Corporate Social Responsibility The Idea in Brief Many firms’ corporate social responsibility (CSR) efforts are counterproductive, for two reasons: They pit business against society, when the two are actually interdependent. And they pressure companies to think of CSR in generic ways, instead of crafting social initiatives appropriate to their individual strategies. CSR can be much more than just a cost, constraint, or charitableRead MoreMetamorphosis of Tata Steel -the Challenges of Change Management4836 Words   |  20 PagesGetty INTRODUCTION 1. Tata Steel is the largest steel company of the country and at present stands as the 10th largest steel firm in the world. The company with its headquarters in Jamshedpur operates in 20 countries with a presence in about 50 countries across the world. The past few years has seen Tata Steel growing from strength to strength through the path of Mamp;A, wherein, they have acquired Anglo-Dutch Steel company Corus(renamed Tata Steel Europe), Millennium Steel (renamed TataRead MoreCompeting for the Future9005 Words   |  37 PagesHarvard Business School Publishing. The statements below are key points of the book as determined by James Altfeld and have been made available at no charge to the user. Competing for the Future By Gary Hamel and C.K. Prahalad Look around your company. Look at the high profile initiatives that have been launched recently. Look at the issues that are preoccupying senior management. Look at the criteria and benchmarks by which progress is being measured. Look at the track record of new business creationRead MoreOrganizational Theory and Behavior6990 Words   |  28 Pagesindividually, Taylor was able to find the right combinations of factors that yielded large increases in production. While Taylor s scientific management theory proved successful in the simple industrialized companies at the turn of the century, it has not faired well in modern companies. The philosophy of production first, people second has left a legacy of declining production and quality, dissatisfaction with work, loss of pride in workmanship, and a near complete loss of organizational prideRead MoreArticle Review: Why Do Managers Do What They Do?11195 Words   |  45 Pagesexplanation of the consistently documented common characteristics of managerial work and attempts to sketch out such an explanation. It is argued that researchers In the field have either contented themselves with description and correlation or have given priority to explaining variations, whilst theories of management have tended to suggest that managerial behaviour can be inferred, unproblematically, from the character of the broader management process rather than engaging with the evidence on these behaviours

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.