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Corporate Responsibility, Fair Trade Corporate Responsibility, Fair Trade Networks and Questionable Labour Networks and Questionable Labour
Practices Practices
What is corporate responsibility?
• Many names for it• Following laws, ethical and moral standards,
international expectations• Environmental awareness and respect for
employees, consumers, share-holders, communities
• encouraging community growth voluntarily
Why is it trendy right now?
• Consumers more aware of corporate practices • Communications/climate change increasing
awareness of ecological footprint• People support companies that reflect values• Wal-Mart and Nike boycotted for slave labour
• Ottawa company that cleans with environmentally friendly products.
• Promoting healthy toxin-free living
Local Example - Enviropure
National Example – Canadian Tire
• reducing amount of energy used by ~40%• building new energy efficient stores.• Ontario reduced energy consumption by 15%• Changed means of transportation.
National Example – Hydro One
• Pension quality top in the utilities sector• Female CEO• 780,000 smart meters• Saves 272 million kWh each year
International Example – Minto
• The Minto Green Team• Award-Winning Environmental Stewardship• Environmental Milestones
Why is going green important?
• Ethical Consumerism• Profitable • Environmentally sustainable
Are their any fakers?
• Fakers: say one thing, but actions say another• Mobile phone industry• Airline industry• Governments