Saturday, October 5, 2019

Defining and Assessing Modern CSR Coursework Example | Topics and Well Written Essays - 750 words

Defining and Assessing Modern CSR - Coursework Example Mike Duke, the company’s CEO, states that this demonstrates the new social and environmental facets Wal-Mart has added to its efforts. The company believes that accountability and transparency are part of the good and responsibility element of all companies across the world. Wal-Mart’s yearly report shows its constant and evolving work in social responsibility matters. Since 2011, the reports have been divided into three main reporting areas: social, environmental and goals. The 2011 report covers all aspects of CSR issues (Simpson & Taylor, 2013). It shows how its effective sustainability 360 framework has helped it become the retail leader in the industry. It also conveys the major progress made by the company and the reduction objectives of greenhouse gas emissions of its supply chain by, latest, 2015. The company’s financial contributions in kind, including investments in health, commitments to preventing hunger, education, funding for local farmers and facilitating access to healthier and cheaper food, are also part of the report. The company has faced numerous challenges over the years. It appears that legal and social obstacles have acted as vital reasons for the creation of its code of conduct and yearly reporting. This claim can be illustrated in two relevant situations: Wal-Mart Stores Inc. v. Dukes et al. and the media reports accusing the company of using child labor (Simpson & Taylor, 2013). Despite starting over a decade ago, this case is still being heard by the US Courts. It started as a national class action against the company. The plaintiffs alleged that female workers in Wal-Mart and its affiliate stores suffered discrimination based on their gender (Simpson & Taylor, 2013). They claimed that they were discriminated upon in terms of pay and promotion to senior management roles, hence violating for Civil

No comments:

Post a Comment

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