Burt's Bees Swot Analysis
2.1.9 Other International Companies which follow CSR
GO NATURAL, THROUGH AND THROUGH: BURT'S BEES
The aim for Burt's Bees has always been on well being. As part of the Natural Products Association, the company developed The Natural Standard for Personal Care Products, which created guidelines for what can be perceived as natural. Burt's Bees follows the highest standards for sustainable packaging, showing its dedication to the cause as a member of the Sustainable Packaging Coalition. The brand started with honey and the company has since expanded to candles, lip balm and more than 150 products.
USING ITS ECOMAGINATION: GE
Ecomagination offers products that significantly improve customers' operating performance and environmental performance.
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The packaging of the products is biodegradable. It is one of the fastest-growing companies in the world, and with $100 million in annual revenue, Method proves that socially responsible products can be highly successful. BEAUTY COMES FROM WITHIN: THE BODY SHOP
The Body Shop is considered as a pioneer of modern corporate social responsibility as one of the first companies to publish a full report on its efforts and initiatives. The company stands up for causes such as self-esteem, protection of environment, animal rights, community trade and human rights. From sponsoring posters in 1985 for Greenpeace to presenting a petition against animal testing to the European Union with 4,000,000 signatures, The Body Shop has contributed significantly to the causes it supports, and is an example for other companies.
BREWED RESPONSIBLY: STARBUCKS
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He uses fashion to promote awareness and help fight various social issues. After 25 years of dealing with meaningful social issues, Kenneth Cole established the Awareness Fund which is a non profit initiative that uses partnerships, merchandise, events and its blog to celebrate, encourage and empower acts of volunteer service and social change. A full 100% of net proceeds of the Awareness products go towards the fund. These efforts have helped in the success of the Kenneth Cole brand, a company with nearly $500 million in
Walgreens Swot Analysis Paper
943 Words | 4 PagesThe total 2014 combined annual revenue for retail drug industry was $305 billion, according Drug Channels Institute. The biggest retailers in this industry are Walgreen Co., CVS Caremark, Corp. and Rite-Aid, Corp with Wal-Mart and Target developing more of a presence in recent years. Those 3 major retailers make up %70 of the industry revenue. The industry had grown substantially in the last 50 years and will continue to innovate and develop well into the near future. The average age of the U.S. consumer is increasing rapidly as the Baby Boomer generation grows older which leads to increased demand for health services to those who are 65 year old and above.
Walgreens Swot Analysis
283 Words | 2 PagesThough they have many strengths, every great business also has weaknesses; Walgreens is no exception. Their first weakness is that the company only operates on American soil. Being limited to America limits their customer base as well as reduces their chance for a larger market share. Their second weakness is that the company is highly vulnerable to government regulations and pricing controls. Since a large part of their business is medical based, the government has a large amount of control over the company.
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757 Words | 4 PagesMichael Abraha Analyzing Community Social Responsibilities Target Corporations is a retailer whose operations involve offering discounted, high quality, and trending merchandise. Such merchandise is retailed at attractive prices in guest-friendly, clean, and spacious stores. The company deals with a variety of food brands such as “Archer Farms”, home collections, food, and pets’ supplies, households, home decor and furnishing, clinics, pharmacy services alongside other services. The biggest community social responsibilities of the industry include protecting the environment, promoting healthy living, promoting community education, and volunteerism.
Who Changed The Culture Of Macy's
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1076 Words | 5 PagesIt is additionally surely understood for its great client administration. The strengths also include that the company is very much considered about going green and as well as in resolving environmental conditions to
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Is New Belgium Brewery's Ability To Achieve Social Responsibility?
637 Words | 3 PagesNBB gave back to communities through event sponsorships, corporate giving, and philanthropic involvement (Ferrell, Fraedrich & Ferrell, pp.440). Not to mention, NBB donates $1 for every barrel of beer that they produced to non-profit organizations, employees are paid for their community service work, and they give about 9% of their profits to charity (bcorporation.net, 2015). David Edger, former director of the Institute for Brewing Studies, states, “…members of society do not believe a company whose major products is alcohol can be socially responsible, New Belgium set out to prove that for those who make choice to drink responsibly…will do everything possible to contribute to society” (Ferrell, Fraedrich & Ferrell, pp. 441). Our group believes that they have proven that they are serious about being a socially responsible
Dupont Sustainability Essay
352 Words | 2 PagesDuPont has not only adopted sustainability practices to better the environment but it has used those innovations to turn in a profit. Since lowering its water usage by 25 percent and its energy use by 12 percent since 2004, it has resulted in significant cost effective savings to the company. With lower costs of running a plant, DuPont can now focus on the future by creating new products from what was then waste into a product that can be profitable for the company and have an eco-friendly product that its customers can use. With the ability to have sustainability goal in place, DuPont can look into developing products that will be profitable and have a long-term sustainability within the market. DuPont has developed a strategy that has
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3469 Words | 14 PagesOn the contrary, the practice of CSR is an important consideration for long-term investment as it can help generate more profit in the future. In this report, Nestlé would be one of the good examples to illustrate those concepts. Nestlé is one of the world’s largest food and beverage companies. The company believes that by creating value for the shareholder and the public, it will have long-term sustainability.
Pestel Analysis Of Clothing Industry
901 Words | 4 PagesFurthermore, it is noted that customers, particularly from developed nations like UK, France and Italy are more and more concerned about their health and the report on individual health expenditure over the last decade by OECD (2011) has confirmed that. The report shows that customers are becoming more inquisitive in the type, nature, origin and the processing method of materials in which, apparel and clothing firms uses in producing their product. Thus, demanding for transparency and accountability. Consequently, many customers have gone green and they are persistently advocating for sustainable and ethical activities of firms (Johansson, 2010; Pookulangara
Corporate Social Responsibility: Profit-Oriented Or Socially Responsible?
3408 Words | 14 PagesTrying to ignore the social responsibilities might stain an organization’s image and reputation. Thus, performing social responsibility is not simply a choice; it is a need of any corporation. In the twenty-first century, businesses are in the bottlenecks where globalization, science and technology advancement and integrated knowledge are taking place in today’s society (Chan, n.d.). To gain a foothold in this economy, image and reputation play an important role to differentiate a company from one another. With good reputation, it helps firms to create competitive advantage in the business environment.
Social Responsibility In Tesco
2166 Words | 9 PagesIn the recent years more and more companies in the retail and food industry are concerned about the environmental consequences of their action and also the social ethics for the people involved in the production process. This is a shift from the philanthropic actions companies used to take in 1970’s and by following basic international standards to a ‘business case’ perspective of CSR (Customer Social Responsibility). According to the World Business Council for Sustainability Develpoment ( WBCSD) CSR is: ‘’ the commitment of business to contribute to sustainable economic development, working with employees, theirfamilies, the local community and society at large to improve their quality of life’’ (World Bank, 2002)
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