Saturday, December 7, 2019
Ethics in CSR-Free-Samples for Students-Myassignementhelp.com
Questions: 1.Are there any links or references to GRI and UN Global Compact (UNGC)? Briefly outline these references. What implication and impacts does that have on the sustainability of PUMA? 2.Using the GRI table, identify the social and environmental issues disclosed for PUMA that could be improved on. Which ones suggested by the GRI are not identified? Answers: 1.Links between GRI and UN Global Compact (UNGC) There are indeed certain links between the GRI and the UN Global Compact (UNGC). The companies who participate in the Global Compact commit themselves to some of the universal principles that have to be abided by mandatorily. These areas are human rights, labor, social environment and anti-corruption. The Global Compact has made some particular levels of commitment levels in their COPs. They have some minimum GC Active level in which the Chief Executive of the particular company has to make sure about how they have been committed in commitment to the facts that have been mentioned in the GRI (Fernandez-Feijoo, Romero and Ruiz 2014). The companies must include the ten principles that are important for securing the Strategies and Operations of the company in those chosen areas. The companies must have to take action in the cases where the rules are breached and they have to strict so that they can be supportive towards the broader objectives taken up by the United Nations. In this way the corporate governance and leadership will be feeling an impact with its sustainability (Benn, Dunphy and Griffiths 2014). A company like Puma will have deep implications because of this Global Compact. They have to maintain those guidelines for achieving the sustainability (About.puma.com 2017) The core values they focus on are the social, economical and environmental developments. They will be looking forward to serve the society more with their charity works which they think is part of their Corporate Social Responsibility (Schneider and Schmidpeter 2012). The sustainability strategy they follow is based on more than 20 years of Code of Conduct policies. 2.Social and Environmental issues in Puma Puma has been focusing on various social and environmental issues and the social issues according to the GRI table contain the materials, energy, water, biodiversity, emission, effluents and waste, products and services, compliance, transport and environmental assessment. These factors are characterized by G4-DMA, G4-EN2, G4-EN3, G4-EN5, G4-EN6, G4-EN7, G4-EN11, G4-EN12 and many others. Their main aspect of industrial experience belongs to the products and services which is characterized by G4-DMA and G4-EN27 that tells about Extent of impact mitigation of environmental impacts of products and services (Fernandez-Feijoo, Romero and Ruiz 2014) The social factors that are described in GRI table are employment, occupational health and safety, training and education, diversity and equal opportunity, supplier assessment for labor practices and labor practices grievance mechanisms. These factors are characterized by G4-DMA, G4-LA1, G-4 LA6, G4-LA9, G4-LA10, G4-LA11 and many others. Puma ha ve abided by the guidelines that they should not engage any child labor in their production process, they have assured the freedom of association and collective bargaining, security practices, proper investment on the products and non-discrimination between their employees (Benn, Dunphy and Griffiths 2014). Puma could be improving on various factors like biodiversity of their products, they have opined that their environmental sustainability is based on the Precautionary Principle (About.puma.com 2017). They focus on preventing their customers, employees and entire society from any harm so that they can maintain the international health and safety standards. They have also enforced upon being a corporate citizen and they look to contribute to the society in positive. Still they have to look to improve on the facts of antic-corruption policies and transport problems of delivering their goods (Schneider and Schmidpeter 2012). References About.puma.com. (2017). PUMA This is Puma. [online] Available at: https://about.puma.com/en/this-is-puma [Accessed 15 Jun. 2017]. Benn, S., Dunphy, D. and Griffiths, A., 2014.Organizational change for corporate sustainability. Routledge. Fernandez-Feijoo, B., Romero, S. and Ruiz, S., 2014. Effect of stakeholders pressure on transparency of sustainability reports within the GRI framework.Journal of Business Ethics,122(1), pp.53-63. Schneider, A. and Schmidpeter, R., 2012. Corporate social responsibility.Verantwortliche Unternehmensfhrung in der Praxis, Berlin ua.
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