Although CSR initiatives

Although CSR initiatives, it has wins and flaws as it continues to be the part of the most important aspects of business. According to Bryan Horrigan (2010) “there is no definite answer to what CSR is owing to the high level of ambiguity and controversy related to the topic”, but the are those who think otherwise, and each formidable evidence on their stance on why they are for against CSR. Which leaves the question if the global economy should or should not implement it? On one hand enacting CSR: improves the rep for the corporation giving competition edge, grows the attraction and retention of employees, the government loosens up on mandating harsh rules to keep companies inline, brings in more capital inflow by the new-found customers and generation of renewable and clean sources of natural energy. We see leaders in corporations agree that social responsibility is correct thing to do, but few can articulate a strong analytical foundation for this belief (Eric C., origins of CSR 1, 27 May. 2017). For, it holds flaws such as no financial benefit to the corporation will come or consequences in implementing. Which is viewed as the general purpose to satisfy shareholders and suppliers. A Company’s reputation might take a hit, if they have to disclose shortcomings of their own products if they are found to violate the CSR program. An example would be a phone manufacturing company calling back or having to replace many of phones when they are found to have glitches after sales or CSR programs also increase expenditure of the company’s production. Another flaw to implementing CSR would be, CSR being used as a cover for failure of executing what a company claims to be their purpose, used as a loop hole to gain edge over the market. As the recent Volkswagen case. Where “the company set out to design a means to circumvent emissions control- a stratagem known at the highest levels with the aim of giving the company an unfair advantage over its competitors. Meanwhile it was poisoning the planet” (Enrique Dan’s, Forbes, 27 Sept. 2015). In the same article Enrique says ” the sad truth is that this conclusion applies to vast majority of companies: a head of CSR is appointed, given an air of respectability, and runs a department the job of which is to keep the company’s image clean, despite the filth it is mired in, as is clearly the case with Volkswagen. The vehicles poisoned the planet by emitting 40 times the legal limit of nitrogen oxide.
Through Volkswagen and others, the environment today is in major upheaval, with resources diminishing and climate change affecting the earth’s surroundings and inhabitants. With the planet’s picture despoiled , harried and population outcry for immediate action. A corporation like Marks and Spencer’s by Richard Gillies brings forth its famous ‘Plan A’ as a counteractive to the environmental problems, which looks over CSR as just Philanthropy but a non-negotiable purpose. (life and death of CSR parag 3. 27 June 2018. Foundation forum, Anthony Hilton, ED Smith, John O’Farrell, London Evening standard, PWC). So far, the company has reduced its energy and packaging by 25 percent, cut waste by 40 percent and eliminated recourse to landfill. Gillies adds, “it’s a journey that goes step by step” a corporation has to be sustainable satisfying its shareholders, then move on to all other stakeholders. He states three main points in which they were considered to enable, 5 years with no waste going to landfill or careless disposal of plastic: society and the environment is non-negotiable, the pressure to change as a company is an opportunity, and this opportunity dwarfs the threat of doing nothing.
The environments brutal state due to business manufacturing and production, has become one of the major issues that companies implementing CSR are focusing on. Just like M&S another company that has taken initiative of business sustainability, the environment and the customer society is Maple leaf food, a protein company. Which according to Lynda Kuhn the senior vice president, public affairs and purpose champion, at her presentation at (the soul of the Next Economy Forum 2018,) says “their goal is working toward more sustainable food production more sustainable protein industry.” To attain sustainability as a business, she says is to move towards shared value, an idea by Michael porter, “the interception of the worlds needs in our own capabilities.” The company has taken initiative in these three areas: product development, such as reducing and eliminating the use of antibiotic in raising their animals which reduces environmental impacts, animal welfare and increase in nutritional value. Using resources more efficiently and lowering costs, by reducing environmental footprint in energy consumption, waste, and water usage, improving waste diversion rate, which since their baseline year 2014 they have reduced electricity by 70786 (MWH), 6428408 Meters cubed natural gas and 986519 meters cubed in water (, 2018). The goal being reduce environmental footprint by 50% by 2025. Which has given Maple foods, an edge in the market and opportunity in becoming the North American leader in pork grazed without antibiotics and number one in Canadian poultry. Lynda talks of in bending conservation into every element of their business, that to be sustainable they as a company must be responsive to the needs of society. There is proof of this in where in 2016, Maple leaf centre for action on food security opened. A registered charity to work collaboratively to reduce food insecurity by 50% by 2030. Meeting the external needs of the world in creating products and services that help the worlds society flourish as Van Duzer sates in his book (why Bus matters to God, Duzer).
Continuing in the aspects that Van Duzer highlights of business having an intrinsic value, the Coca-Cola company. Is working on bringing more prosperity to communities and meaningful, purposeful work for employees specifically women, by starting the 5by20 program in 2010. Whose purpose aims to empower young women entrepreneurs, creating programs that uniquely address the barriers they face in the global initiative, local context and to bring five million women into their business by 2020 (Coca-Cola, journey, 5by20. 24 Aug. 2018). According to jerry wind, the academic director of Wharton university of Pennsylvania, “research suggests that such an investment in women, like Coca-Cola is in, can have a multiplier effect that leads not only to increased revenues and more workers for business but helps the community flourish” (Mehak Kaur, linked in, the importance of a CSR strategy. 4 Aug.2015). The company suggests that when more women work, the economy grows, due to having more workers and new ideas. The program has enabled more than 660000 women entrepreneurs in 2017 and has broadened it across the globe, the program has reached and helped more than 2.4 million women across the world. In, this Coca-Cola has created a valuable brand representation in their CSR initiatives. That separates them to new pillars, with new market, increase in revenue and satisfaction of shareholders while being socially conscious.
Being socially responsible within corporations is key, for a business’s sustainability and as “Van duzer” states in his book it engages companies, in work that matters to God. For, he believes that the material world matters to God, and that him that created it “declared it good” and it was for the humans to flourish(why Bus matter to God,chap1). So, when business produce material things or services that enhance the welfare of the community they are engaged in work that matters to God, and that’s what CSR is. For, companies not to work focusing on return on investment, but also for the non-negotiable responsibility, focusing on its surroundings and population, “business done in this manner has intrinsic value, not merely instrumental value” (chap1). Duzer, states that men and women were given the responsibility to facilitate flourishing, called to be stewards. Van Duzer says that acknowledging this is the first step in understanding the intentions of business in the society and Gods intention. In, which CSR is the stewardship, to which companies are to recognize that given “the core competencies of their organization, it’s the people, society’s and the assets under its control.”


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