ipl-logo

Tesla Corporate Social Responsibility Analysis

713 Words3 Pages

Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders. The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders. (UNIDO, n.d.)
Within Tesla, corporate social responsibility is very important. As Tesla’s mission statement, which is mentioned in paragraph 5, already indicates, the company cares a lot about the environment and its effects on society. They want to be social responsible by reducing car emissions and even released its valuable patents in 2014. This means that everyone can use Tesla’s technology now. The purpose of this was to reduce the number of greenhouse gasses produced by gasoline powered cars. Tesla cars are built out of aluminium, which is more expensive, but can be completely recycled. Its batteries are non-toxic and almost 100% recyclable as well. Furthermore, Tesla cuts noise pollution. The CEO of Tesla realizes that the company cannot meet the total demand for …show more content…

It is about evaluating the company’s planned actions by considering the impact of day-to-day tactical decisions and longer-term strategies on the organization’s stakeholders. (Chandler, 2013) For Tesla, this might be very useful because CSR is very important for its stakeholders. As corporate social responsibility is one of the points where Tesla distinguishes itself from other car manufacturers, the company should ensure that decisions are in line with its corporate social responsibility

Show More
Related

  • Associations Cook Inlet Region: Business Analysis

    783 Words  | 4 Pages

    The analysis will determine how the organization will enhance their responsiveness of leadership will affect the relationship with society. The analysis will determine the health of the organization through the triple bottom line of: people, planet, profit. An implementation of a strategic plan will be devised to practice corporate social responsibility that will enhance the relationship between the organization and stakeholders. An evaluation of policies and practices will determine the impact they may have on internal and external stakeholders’ operations of responsibility. Analysis of Issues Personnel

    Read More

  • Patagonia Case Study

    871 Words  | 4 Pages

    Corporate social responsibility: It has started an initiative in which it gives one percent of its revenue i.e. sales, to grassroots environmental organizations. Not only that, but also it has convinced 1,400 other companies to join this "1% for the Planet" initiative which he refers to as an Earth tax. This helps it to make a positive contribution to the environment thus achieving its strategic goal. Benefits: a.

    Read More

  • Persuasive Speech On Electric Cars

    739 Words  | 3 Pages

    First of all, let’s talk about the environment. I’m sure you all know about greenhouse gases and global warming, so I won’t talk much about that, but you may not know that road vehicles produce 10% of all man-made greenhouse gas emissions. This does include vehicles other than cars like trucks, but Tesla just came out with an electric truck which is faster and can carry more weight than any petrol/diesel truck. Greenhouses gases carbon-dioxide and methane have hit their highest levels in the past 420,000 years, and the extent of arctic sea ice has declined about 10% in the last 30 years.

    Read More

  • Social Responsibility Analysis: Tesla Motors, Inc.

    832 Words  | 4 Pages

    Stakeholders and businesses have an effect on one another, thereby emphasizing the importance of company social responsibility and company citizenship. Tesla’s automotive business directly and indirectly affects stakeholders. As such, it's essential for the company to keep up an adequate corporate social responsibility strategy to make sure lowest negative impact and best profit to stakeholders. With a powerful brand as a manufacturer of electrical vehicles, Tesla has vital opportunities to point out the globe what a serious international firm’s company social responsibility efforts will do to satisfy the interests of stakeholders. Tesla Motors, Inc. addresses stakeholders’ interests through a company social responsibility strategy that focuses on property and environmental friendliness of automotive products.

    Read More

  • Tesla Motors Essay

    1736 Words  | 7 Pages

    Tesla Motors is an American-based company that deals majorly with designing, manufacturing and selling of electric cars as well as electric vehicle powertrain components. Since its formation by a group of Silicon Valley engineers in 2003, Tesla Motors Company has gained global fame and incomparable customer loyalty. Tesla Motors have significantly grown from the year of its commencement till now. The sales and revenue of the company has increased year after year which is evident from its annual report. In the year 2011, the company has generated revenue of 204.224 million which has considerably increased to 4.05 billion in 2015 (Marketwatch, 2016).

    Read More

  • Case Analysis Of Tesla

    1759 Words  | 8 Pages

    TESLA Motors In The Netherlands 1. Introduction Tesla Motors Inc. is an American car manufacturer based in California. Founded in 2003, it has become one of the fastest growing companies in the electric vehicle (EV) market. In 2016, Tesla had a revenue of $2.28 billion and sold 76,230 units (Ferris, 2017).

    Read More

  • Persuasive Essay On Electric Cars

    723 Words  | 3 Pages

    First of all, let’s talk about the environment. I’m sure you all know about greenhouse gases and global warming, so I won’t talk much about that, but you may not know that road vehicles produce 10% of all man-made greenhouse gas emissions. This does include vehicles other than cars like trucks, but Tesla just came out with an electric truck which is faster and can carry more weight than any petrol/diesel truck. Greenhouses gases carbon-dioxide and methane have hit their highest levels in the past 420,000 years, and the extent of arctic sea ice has declined about 10% in the last 30 years. This is all because of global warming, and if we start switching to electric cars, we could make a big difference and maybe, just maybe the effects of global warming will decrease.

    Read More

  • Persuasive Speech: Why Electric Cars Are The Future

    621 Words  | 3 Pages

    “Why Electric Cars are the Future” Introduction Attention Getter: It was Sunday at park, two college students were discussing about cars. One of them said that imagine about two decades ago, it appeared there was no effective alternative to the gasoline and oil, but now there is a better, cleaner, and more effective substitute to them: electricity. Although electric engines are not so widespread, more and more people consider changing their gasoline-fueled vehicles to electric cars. Then I discovered why electric cars are the future.

    Read More

  • Argumentative Essay On Electric Cars

    743 Words  | 3 Pages

    Electric cars produce a higher carbon footprint than conventional gasoline powered cars. In the article entitled, “Tesla’s electric cars aren’t as green as you think” Lizzie Wade states about all electric cars, “manufacturing an electric vehicle generates more carbon emissions than building a conventional car” (Wade) Even before the electric car is out driving on the roads, it has produced a greater amount of carbon footprint than than the traditional gasoline cars. (Wade) David Biello, the

    Read More

  • Electric Cars Informative Speech

    948 Words  | 4 Pages

    A lot of people love to hear about energy efficient and environmentally friendly options out there. The electric vehicles today serve great benefits in keeping emissions down and using a more friendly alternative energy source. In my opinion they have made an impact on the environment, but a major benefit in using this alternative resource is less cost to fuel the vehicle. Gasoline is very expensive today, and using the energy that is used to power our home, is much less expensive and more available than gas. The environment, as claimed by environmentalists, suffers due to the emissions of automobiles today.

    Read More

  • Tesla Social Responsibility Analysis

    715 Words  | 3 Pages

    Corporate Social Responsibility (CSR) relates to the actions of an organization and the effects on the environment and social wellbeing. It is about the way that the company assesses its actions and takes responsibility for this. (Investopedia, n.d.) CSR is a management concept whereby companies integrate social and environmental issues in their business operations and interactions with stakeholders . The company aims to achieve a balance of economic, environmental and social objectives, while also listening to the needs of stakeholders.

    Read More

  • Nestle Corporate Social Responsibility Case Study

    3469 Words  | 14 Pages

    1) Evaluate how Nestlé 's approach to corporate responsibility was good for their business. Corporate businesses generally have to meet ethical, legal, commercial and public expectations. That is what is expected of the business world today. This is known as the Corporate Social Responsibility (CSR). However, businesses with short-term goal will rarely practice CSR since practicing it does not bring any benefit.

    Read More

  • A Case Study: Human Relationship Management In Tesla

    1249 Words  | 5 Pages

    The automotive industry is facing changes due to ecological impacts on the environment. Many automotive manufacturers such as BMW and Audi are now entering into the electric car industry where Tesla has established itself in. In this environment, there is a need for rapid innovation a firm 's capability to produce new technological products become crucial to survival in this industry. For this reason, human relations management will be beneficial to an organization as it allows creativity in employees who will be able to respond to changes in the environment efficiently and quickly which gives a company flexibility. " CEO Elon Musk created a master plan to compete with other automotive manufactures which were to Build sports car, use that money to develop an affordable car, use that capital to create more affordable vehicles, produce zero-emission electric vehicle power generation options (Tesla).

    Read More

  • Tesla Motivation And Motivation

    821 Words  | 4 Pages

    Organisations have long struggled to retain employees without pouring in too many resources into incentives, however there are many other factors that influence the motivation for an employee to work for an organisation. The following factors are very important to retaining employees: ➔ Vision and Mission: Each organisation has a vision set by its leaders, a ground basis on which it stands for. This vision is the key for driving innovation, research and development for the company. Vision is also the driving force and motivation for its employees, to push their limits and to outperform the competition.

    Read More

  • Speech On Electric Car

    926 Words  | 4 Pages

    but it’s hard to make it happen and make everyone to use it because it run slower and few distance than normal car. Now a day fuel is more expensive and most making carbon dioxide in human activity [ 1] and electric car is developed enough to run on the road like normal car that we can see on the road. Thesis Statement: The Electric car have several features that make it as the future of every car. Body1 Topic sentence: Electric car did not make pollution. Support idea: zero pollution Support detail: It use electrical energy instead of fuel that not making carbon dioxide to the air or any pollution to the nature.

    Read More

More about Tesla Corporate Social Responsibility Analysis

Open Document