Discussion Post: Corporate Responsibility
Summary of case
The opening case explores corporate social responsibility at Woolworths Group. The Australian conglomerate has set 2020 as the deadline to achieve goals across three areas that comprise its Corporate Social Responsibility Strategy 2020. Woolworths believes that it needs to be socially responsible across multiple areas within the framework of People, Planet, and Prosperity. Because the focus in each of these areas is unique, specialized strategic initiatives have been developed for each focus. The focus on People is about encouraging diversity, Planet focuses on the environment, and Prosperity focuses on trusted relationships.
Questions:
• What challenges do you think a company like Woolworths Group is facing when developing and implementing a company-wide corporate social responsibility strategy that takes into account the more than 200,000 employees, diverse interests, and stakeholders?
• Woolworths Group is trying to reduce its carbon emissions or footprint by 10 percent. Based on where we are as a world, is 10 percent enough of a reduction? Perhaps global warming is not real, albeit the vast majority of scientists clearly suggest it is; what do you think?
• Woolworths Group is obviously not the only conglomerate that is working on Corporate Social Responsibility issues. Name at least one more company that is working on this topic. What efforts or goals are they setting in this regard? Write a brief paragraph on your findings.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.