Introduction Few companies have the privilege of playing a role in the lives of billions of people each and every day. The reason we choose to do research on the sustainability of Samsung is because now a day’s so many people are confronted with Samsung every day. Phones, tablet’s, computer’s, TV’s, washing machines, kitchen equipment, Samsung has a wide range of products and can be found in almost every household. ‘’At Samsung, we believe it's our responsibility to do business in a way that enriches our planet. That's why we carry out a wide range of environmental activities all around the world. We're the leader in delivering innovative eco-friendly products to consumers and are committed to product stewardship throughout the entire lifecycle …show more content…
Samsung Electronics CSR initiatives are classified into segments, namely: - Integrity Management - Green Management - Social Contribution - Product & services - Partner Collaboration with business partners In the report of Samsung’s sustainable management system they mentioned the following, “ We ensure that business activities are closely connected with our CSR activities in response to stakeholders needs and major issues. Under the CSR vision of “Global Harmony with People, Society and Environment”, Samsung strives to build a society where people, society and the environment coexist in harmony. http://www.samsung.com/us/aboutsamsung/sustainability/sustainablemanagement/download/VisionOrganization.pdf Electronic Industry Citizenship …show more content…
When looking at the numbers that were released you can speak of progress in those two areas. Their good eco product rate is standing at a 100%. In their Samsung Sustainability Challenge video on YouTube they made notice of the fact that the components of their products all were resourced in a responsible way which is still a bit questionable because they are actually affecting the environment in the area which they resource. Samsung’s products are also developed to the highest environmental requirements. In the report it is also stated that they are upgrading the recyclability of the products, this indicates that they are supporting the circular economy concept and attribute to it. Some concrete examples of environmental improvements and attributions to a circular economy are provided in the report. (Samsung, 2013) Environmental improvement is positive but related to the costs that come with it. Therefore it can be questioned if the achieved process is the maximum or just limited to the point with acceptable costs. (Samsung,
Supplying eco-friendly products has been on the Walmart agenda since the early 1990s. After a failed first attempt and much criticism, the company decided to try again. In a speech made in October of 2005, CEO of Walmart, H. Lee Scott Jr., declared Walmart would devise a “business sustainable strategy” to reduce the environmental impact the company had. Walmart could not pull this off alone. If they only focused on the confines of themselves, rather than all that they were involved with, it was estimated that they’d only reduce their impact by about 10%. To reach that goal of 100%, Walmart had to involve stakeholders to make networks which achieve sustainability. These networks proved to be vital in not only Walmart’s goal in minimizing its environmental impact, but recovering their reputation, avoiding criticism, saving money, raising awareness, improving customer satisfaction, and creating incentive for other businesses to work towards sustainability.
has an enormous influence among its customers is because of the company’s corporate social responsibility initiatives. Consumers see that the company cares not only about making a profit, but about the planet and that is one of the reasons that they choose Apple products over any other company. Apple is so dedicated to environmental issues that they even have a page where any consumer can view what they are doing and how they are doing it. In the Apple website states, “In 2015, 93 percent of the company energy came from renewable sources. And we are constantly looking for ways to reach 100 percent.” (Apple.com) In addition, the company is involved in other very important initiatives such as; supporting local communities, water consumption, recycling, and CO2 emission. One can say that Apple Inc. is not only developing the newest technologies, but is also trying to figure out ways to become a more environmental friendly
Whether an organization is domestic or international they have social responsibilities to the communities they operate within and to the shielding of the world. Caterpillar, Inc. is one such company that puts social responsibility at the top of their priorities. They have an abundance of engineers and technologists working on solutions to improve on sustainability. According to the 2012 Sustainability Report (2012), “at Caterpillar, we always ask ourselves, ‘What do our customers need? What does the world need?’ World Resources Institute (WRI) asks those same questions about the communities it serves, and truly delivers some amazing results” (p. 19).
Apple is believed to be one of the companies that are socially responsible in the world but has received criticism from all corners of the world (Aguinis and Glavas 2012, 932-968). The criticism has worked to the advantage of Apple since it has been able to improve on their social responsibility. The paper discusses the environmental and social performance of Apple and how it impacts the society and how the operations of the company should be done (Backer 2013, 805-879). Both the areas of achievement and those that need improvement will be highlighted.
An organization must always look within and outside of themselves to assess their internal strengths and weaknesses and realize which external factors pose a threat or an opportunity for them. These factors have direct impact on how the organization operates, allowing them to mitigate their threats and maximize their opening to create new and diverse products as the demands of the people grow and technology advances (Rothaermel, 2013). The desire to have greener options in the products people use has forced The Home Depot and Ford Motor Company to respond. However, these two companies not only enforce the environmental concerns of the people with the products they offer to the public, but also in how their plants and stores are ran under sustainable energy. This will
Second, we want to create innovative and sustainable products. We live to innovate -- it’s who we are. When our corporate responsibility initiatives begin leading us to new product development, it brings a new energy to our efforts. Whole divisions in our company open up to the prospects. Eyebrows are raised. There are results already: We’re finding ways to eliminate the toxic chemicals commonly used in making products and materials and teams are creating business models for generating revenue from ground-up old shoes; designers are developing products made of recycled polyester or organic cotton.
I chose to look into General Electric for this project because they are an energy supplier and multi-national company. Energy providers have a reputation as a money hungry companies that care about the bottom line more than people and the planet. It is easy for a person to assume that a corporation of GE’s size, money would be its only concern. What I learned was that GE has a public image problem more than a Corporate Social Responsibility (CSR) problem. The company has been working to make the people of the planet more Earth friendly by creating technology that has higher efficiency with fewer emissions and lower resource demands. GE has a well-established strategy for Corporate Social Responsibility. As a result of CSR the company has reaped profit benefits as well as a perceptibly better company image. It was with great expectation that I chose GE in the hopes to find an area that a global energy supplier would need improvement. I found that GE is within the top-10 of companies that demonstrate CSR. GE shares this distinguishment with other companies such as Patagonia, Nike and General Motors. Besides continuing the course they have started, GE could further add to their repertoire by providing roadmaps for other companies to follow in order to be a business with demonstrable CSR.
Dell Computers has been around for nearly 35-years working in an industry that many would consider not to be environmentally friendly, the wholesale and manufacture of computer devices. However, Dell has set out on a mission to make their company more sustainable and socially and environmentally responsible. Dell’s goal is to create a “legacy of good” where whatever it takes to make their technology they do 10 fold as much good for, the planet, its people, and its communities.
The environmental performance of numerous tech companies has been evaluated and since Apple has grown over time, it has received more attention. There has been a frequent campaign against Apple by different environmental organisations such as Greenpeace requesting for the elimination of hardware components that are non-recyclable hardware components, a comprehensive plan that would make the products of Apple not end up in the waste and the removal of toxins from iPhone hardware (Apple Inc. 2016). As much as such campaigns affect the operations of Apple Inc., they are good since they help in the conservation of the environment thus having a good impact on the
Siemens is a German conglomerate that specialise in electronics and electrical engineering. They currently operate in four different sectors, these being Healthcare, Industry, energy and Infrastructure & Cities sector (Siemans a). They are represented in 190 countries (Siemens b), employ around 362,000 employees (Siemens c) and in 2013 achieved a revenue of €75,882 million and a net income of €4,409 million (Siemens d). This essay will focus on Siemen’s energy sector.
Samsung’s corporate social responsibility (CSR) vision is to build a society where people, society and the environment coexist in harmony. As a part of Samsung CSR efforts, Samsung is committed to transparency and delivering important information to our shareholders to continuously build confidence and trust in us (Samsung, 2016).
The Toshiba Group implements environmental accounting to effectively learn environmental costs and benefits and to use the data as a guide for their business activities. According to Takayuki Ikeda (2014), the company has important pillars in Green management. These are: Greening of Products which makes the company reduces the environmental impact throughout its product life cycle; Greening of Process which the company conserves energy in making the products and; Green Management which the company provides environmental education to promote environmental activities. In the past years, Toshiba Group received environmental awards that prove that the company did the environmental management above the standards (Toshiba Group,
o Reduces negative environmental impacts.... ... middle of paper ... ... Produce does not end with the completion of a developed Enser, the message associated with that productive work is as important as the material obtained. By modifying positively the working methods of a signature automatically associate the goods or service generated a load of sense, in this case, social concerns and environmental awareness, which people respond positively valued and know.
7). Their definition was as follows: “ It is in the hands of humanity to make development sustainable… to meet the needs and aspirations of the present without compromising the ability of future generations to meet their own. (SHRM, 2011, p. 7).” Sustainability is the organization’s commitment to balance financial performance with contributors to the quality of life of employees, society at large, and environmentally sensitive initiatives (SHRM, 2011, p. 2). Workplace sustainability requires observation of the following: work force diversity, environmental impact, bribery and corruption, community involvement, ethical sourcing of goods, human rights, product safety, and product usefulness (Epstein & Roy, 2001, p. 588). Creation of a stable, sustainability culture can support the company’s efforts to reach its long term goals; however, sustainable practices are more often found in medium and large staff-sized organizations, publicly and for-profit companies and multinational companies (SHRM, 2011, p.
In this environment conscious world, there is a growing argument about the ways in which a business should run its activities that should not have any negative impact on the environment overall. Raderbauer, M. (2011) A research done at the University of Exeter indicated that Industry has been the perpetrator behind ruining the environment for fulfilling its short-term profits instead of long-term environment consequences. Many businesses have understood the importance of preserving the environment and thus it is in the betterment of its own business, keeping in mind the long-term profits they can have while making environment responsible decisions. Business are more affected by environment because they run with the help of all the raw materials