This website uses cookies to ensure you have the best experience. Learn more

Codes Of Conduct, Csr H&M And Bmw

506 words - 3 pages

CODES OF CONDUCT AND CSR of H&M, BMW Corporate Social Responsibility - has become very important in recent years  today more and more customers, employees, and the general public are demanding information about whether companies are meeting acceptable standards. ! Essential for the success of a company to act in compliance with the law.  economic globalization brought high complexity of legal regulations  increase the risk of laws being broken.  potential damage to reputation  Publicity spreads fast through communication channels. (Internet! Out of control) - by being corporate responsible a company can gain a high competitive advantage: - externally through company’s clean and good reputation - internally through employee engagement •Integration of sustainability throughout the entire value chain  creating an added value for the company, the environment and ...view middle of the document...

00 farmers in Bangladesh on their rights since 2008 Be ethical - Implementation of new global anti-harassment policy - Code of ethics - Protecting data Be climate smart - Reduction of green house gas emissions - Promoting energy efficiency in the supply chain

Reduce, reuse, recycle - Collecting used garment in stores for recycling - Producing consumer plastic bags out of recycled plastic Use natural resources responsibly - Using more sustainable cotton, less water - Reducing chemicals in the production - Saving up to 100 million litres of water in the production of denim - Monitoring water quality - Collaboration with the WWF Strengthen communities - Supporting long-term development in Bangladesh - Investing in better health and education of women and children - Collaboration with UNICEF –projects together - Investing in clean drinking water and infrastructure - Strengthening young workers (16+) rights in china

Code of Conduct: "Principles, values, standards, or rules of behavior that guide the decisions, procedures and systems of an organization in a way that (a) contributes to the welfare of its key stakeholders, and (b) respects the rights of all constituents affected by its operations." Code of Conduct - drawn up in 1997, the Code of Conduct builds the basis of H&Ms efforts to make our supply chain more sustainable. - based on (like all of them): - the Universal Declaration of Human Rights - International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work, - the UN Convention on the Rights of the Child - national legislation. 8 sections: • Legal requirements • A ban on child labour • Health and safety • Workers’ rights • Housing conditions • Environment • Systems approach • Monitoring and enforcement

1. LEGAL REQUIREMENTS - all our suppliers and other business partners must, in all their activities, follow the national laws in the countries in which they operate 2. CHILD LABOUR IS NOT ACCEPTED - H&M does not accept child labour (

Other assignments on Codes Of Conduct, Csr H&M And Bmw

Corporate Social Responsibility Essay

335 words - 2 pages the main attractions for a future employee is the reputation of the company. When companies are engaged in CSR, they strengthen their appeal as attractive and responsible employee. 3 reasons why business should not engage in CSR: 1. Companies appear to have CSR on one hand but usually at the expense of something else. For example Toyota builds much of its image by having hybrid cars. However, there SUV are the highest selling and at the

Csr Iso 26000 Essay

988 words - 4 pages standard on social responsibility look like? (PDF - 455 kb) IISD weighs in on the ISO Conference on Social Responsibility Standardization, June 21-22, 2004. As many more organizations decide that they must address the principles of CSR, there is a growing need for tools to help them to define and address what CSR means and how to implement it throughout their organizations. At its General Assembly in Stockholm, Sweden, in September 2002, the

Word Documents

1536 words - 7 pages , BMW redesigned its 3, 5, and 7 Series cars, making them unique in appearance yet remaining exceptional in performance. BMW’s full range of cars now include the 1 Series, 3 Series, 5 Series, 6 Series, 7 Series, X3 SUV, X5 SUV, X6 SUV, Z4 (Roadster), and M. The redesign of the 7 Series, BMW’s most luxurious car, targeted a group called “upper conservatives.” These wealthy, traditional consumers traditionally don’t like sportier cars, so BMW added


440 words - 2 pages capitalize on this new wave of advertising. Taking BMW as company car, I will outline most of the roles that internet marketing has on marketing as a context. As all products are designed according to all customer types, this process’s called is market segmentation. Even a company segments its products such; consumers’ social status, preferences and socio-economic levels. BMW’s customers are already targeted because BMW focuses on the

Ethics And Governance

2402 words - 10 pages ethical behaviour in the employees by providing guidelines and knowledge on ethics, and providing the required resources to assist in identifying and resolving ethical dilemmas. Gandz and Bird (1989) adds that the tools used in this program include codes of ethics, codes of conduct, policies and procedure, resolving ethical dilemmas, and ethics training. However, as programs are formulated according to each organisation, not every program will contain

Business And Corporate Social Responsibility Research Paper

1413 words - 6 pages loyalty based on CSR: According to Crespo, H, et al (2005, p.1), customer loyalty and valuation of various business services is profoundly influenced by Corporate Social Responsibility. It was ascertained that Corporate Social Responsibility had a lot of influence on the customers’ behavior. This was done through the identification of the various dimensions of social responsibility from the point of view of consumers and the weight of each of

Bmw Financial Analysis

1915 words - 8 pages itself. Finally, we will look at BMW’s ratios against their direct competitors. Considering the fact that BMW creates luxury automobiles and does not merely make basic vehicles, we felt that it would not be fair to compare them to simple automotive industry averages. Therefore, the direct competitors that we will be comparing BMW to will be Toyota (more specifically their Lexus line), Mercedes, and Audi because of their direct relation to making

Csr - Need Of The Hour

1440 words - 6 pages CORPORATE SOCIAL RESPONSIBILITY (CSR) – THE NEED OF THE HOUR What is CSR? “No success or achievement in material terms is worthwhile unless it serves the needs or interests of the country and its people “ - Late Shri. J.R.D. Tata As evident from the above definition, the basic objective underlying CSR is maximization of societal benefits from business. The concept of CSR has been evolving since the

The Global Environment Of Business: New Paradigms For International Management

5311 words - 22 pages practices and adapt to this new reality. SOCIAL FORCES The subject of ethical codes and CSR crystallizes many social challenges. At the one extreme are those who, like Milton Friedman (1970/2001), advocate the guiding principle of shareholder value maximization as the sole determinant of managerial decisions. At the other extreme are those who expound an altruistic philanthropy based on philosophical beliefs concerning universal ethics, such as

Trends In Csr

2025 words - 9 pages would also be not be inappropriate to conclude that such government oversight like the CSR legislation was required post 1990 reforms, which allowed more private sector participation and the role of Government diminishing over a period of time especially in social sector, when compared to pre 1990s period [2]. Government’s role becomes important in the new paradigm, wherein it plays the role of enabler instead of chief actor, making the

What Company Can Benefit From Shared Value And Why?

292 words - 2 pages For example I came across an article about how Starbucks, the worlds largest coffee company leveraged strategic CSR initiatives to gain competitive advantage to secure premium coffee from Etiopia and gain successful market access into India. Starbucks faced the risk of losing Starbucks Fair Trade coffee market share in the long-run. As a solution to this problem Starbucks developed partnerships to invest in coffee farmers in Ethiopia. As a

Similar Documents

Bmw Analysis

6156 words - 25 pages making on buying goods and services compared to other nations (Barbosa, 2012). It is clear that BMW is committed to finding new ways to conduct business. Over the years, BMW has stayed true to their company characteristics of quality, class, functionality, and reliability. Their corporate strategy has been to maintain these traits while delivering industry leading products. BMW is also seeking to broaden its production, moving into the North

Rmg Sector Safe Working Environment Essay

9772 words - 40 pages . H., D. Owen and C. Adams: 1996, Accounting and Accountability (Prentice Hall, Hemel Hempstead). Gray, R., M. Javad, D. M. Power and C. D. Sinclair: 2001, ‘Social and Environmental Disclosure and Corporate Characteristics: A Research Note and Extension’, Journal of Business Finance & Accounting 28(3/4), 327–356. doi:10.1111/1468-5957.00376. Guthrie, J. and L. Parker: 1989, ‘Corporate Social Reporting: A Rebuttal of Legitimacy Theory’, Accounting

Bmw Case Study

2320 words - 10 pages MINI brand, and the Rolls-Royce brand of Motor Cars. Today BMW employs over 100, 000 people worldwide and maintain 24 production sites in 13 countries. BMW produces several lines of cars including the 1,3,5,6, and 7 series, the Z line roadster, the X line of “sport activity vehicles”, and the M line of “motor sport” sedans. Currently, the United States, Germany, and the United Kingdom are BMW’s largest market. BMW introduced the I series which is

Individual Assignment

3813 words - 16 pages ethical investment funds; enhances inner arrangements and control leading to better decision making and price savings; and communicates the group’s benefits and targets to all groups and companies. James Hardie scandal, on the other hand reflected that no effective CSR policy existed at the time of the scandal and further the decisions made by the board lacked ethical and moral judgement. A more comprehensive approach to ethical conduct may well