Corporate Responsibility, Fair Trade Networks and Questionable Labour Practices Corporate Responsibility, Fair Trade Networks and Questionable Labour 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