Pdf what is corporate social responsibility all about. C2 adeka csr report 2011 adeka csr report 2011 1 contents editorial policy the adeka group pursues corporate activities with a commitment to corporate social responsibility csr that is integrally aligned with its corporate principles and business strategies, in order to contribute to the health and enrichment of society. To report all these activities and express our views on corporate social responsibility csr in one single document, we have decided to publish an annual csr report from 2011. Nike inc released its fiscal 2007 to 2009 corporate responsibility cr report which outlines the next evolution of its cr strategy from a risk management, philanthropic and compliance model to a longterm strategy focused on innovation, collaboration, transparency and advocacy. Corporate profile as of march 31, 2011 reference guidelines gri sustainability reporting guidelines 2006 g3 guidelines ministry of the environment, japan, environmental reporting guidelines 2007 version. Nike and child labour how it went from laggard to leader. Launching in 2012, will place a factorys performance and sustainable. At the factory level, worker agency was not facilitated by the integration of nike s sourcing and csr policies, its added productivity incentives or yearround monitoring of work conditions. However, in recent years, it has invested a lot in csr and sustainability. It was going to be a longer journey than they might have imagined. The purpose of this report is to describe and report to our. Historical earnings and revenue growth, and the overall management of the company, has been quite admirable. Corporate responsibility communications update participant.
Adidas corporate social responsibility as one of the biggest sports company in the world, adidas business success started. Since full year 2000, adidas has published an annual sustainability report, highlighting the progress made toward targets set. Csr report 2011 report on corporate social responsibility. Practically, implementing corporate social responsibility is very costly and does not generate immediate profit for a company hopkins, 2006. From this year, the company has begun to edit the csr report in line with the seven core subjects set under iso 26000, a guidance standard on social responsibility. Net income the portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
Developing this report has required some extensive research into the topic of corporate social responsibility and into. The 2011 csr report has been compiled in accordance with the guidelines of the global reporting initiative gri and complies with gris level b self declared requirements. With its fiscal year 2004 csr report, nike went public with its list of suppliers data that many companies view as among their highest competitive advantages, says jones, who wrote the report. Corporate social responsibility csr and sustainability data for nike, inc.
Ehnes, who is also ceo of the california state teachers retirement system calsters, presented the awards on the opening day of the 2011 ceres conference taking place. The nike code of conduct provides an overview of the laws, regulations and company policies that apply to us and the work we do, but it does more than that. This policy restricts the use of nanomaterials within apparel, footwear and. For example, detienne and lewis use the accusations made against nike corporation for its poor labor practices to show that the company began publishing a detailed csr report in 2005 as part of its efforts to address public concerns. In 2010, the report name was changed to csr report, which is the th yearly report that toyota auto body has published.
At the factory level, worker agency was not facilitated by the integration of nikes sourcing and csr policies, its added productivity incentives or yearround monitoring of work conditions. Nikes latest corporate social responsibility report sets new. Ongoing economic uncertainty brings into sharp focus our commitment to enable better work, better life. Nike is the most popular brand in the sports shoe and apparel industry.
A firm might simply explain its future plans to address current problems in its csr report. Tax justice and the institute on taxation and economic policy conducted a relatively. Toppan supports and implements the 10 principles as a. Oct 28, 2010 nike csr reportsnike csr reports source.
The corresponding csr policy and strategy are based on nike s consideration for communities and customers, whose interests significantly influence the companys design and production of its athletic footwear, equipment and apparel. How their influencing users out of their control factoriesvendors consumer awareness 2020 goal is that all factories rate bronze and better. Scope of the report toyota tsusho corporations main consolidated subsidiaries and af. Detailed information such as environmental data is posted on the toppan website. In order to write a report that would discuss the general csr practices at amazon it was important to develop a better understanding of. Csr rankingscsr rankings the corporate responsibility magazine rank 23rd nike inc. Corporate responsibility report fy0709 fibre2fashion. At nike, we hold ourselves to the highest standards and we take our local and. Doc case study social responsibility strategy for nike. Nikes latest csr report examines drop in emissions, labor. This is explained in depth in our full 2010 csr report and updated upon in this communication on progress 2011. Maintaining a healthy balance although nike stands to improve its csr initiatives in certain areas, such efforts should not come at the expense of longterm financial stability. Footwear and apparel giant nike released its latest sustainability report on wednesday the 89page document, known commonly as a corporate social. The hitachi metals group formulated the good practice guidance for hitachi metals group companies in september 2010 to serve as a common global standard for corporate conduct.
The business case for making tax a corporate responsibility issue. Starting in fiscal 2010 the operating segments of the nike brand were restructured into six geographies north america, western. The sustainability report pertains to the 201112 financial year, meaning the 1 may 2011 30 april 2012 period. Environment 58 employees 62 community 58 governance 57. Corporate social responsibility and management forecast. Umso wichtiger ist es, unser engagement fur eine nachhaltige. This report presents the hitachi metals groups csr initiatives in response to an age of greater globalization. The 108page report, nikes first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. In the past, nike faced several controversies related to child labor and ethics in its supply chain.
When it comes to csr, a corporation must walk a fine line between being socially responsible, and at the same time not overextending itself. Governance and ethics find out about our approach to csr, our commitment to good governance and ethical conduct, and how we. No longer the poster child for all that is wrong with the globalized economy. The company that i am going to develop a social responsibility strategy is the nike company that was formed in 1962by bill bowerman and phil knight as a result of collaboration of the two to come up with the most sufficient athletic shoes after the. Nike released an updated version of its corporate social responsibility report last week, and while many mainstream media outlets reduced its contents to a simple reduction in overtime, the company actually laid out a broad series of goals that will likely have a serious.
Nikes sustainability report takes top ceresacca award. Nikes report describes how it is shifting to a more sustainable business model and recognizes that sustainability is a path to profitability, said ceres director jack ehnes. Nike corporate social responsibility and sustainable innovation. Nikes policies are a formal, accepted standard or approach to the way nike conducts business, relating to social and environmental issues. This report presents the hitachi metals groups csr initiatives in. May 11, 2016 nike reaffirms commitment to environmental and social targets in new sustainability report. These risks and uncertainties are detailed in our reports filed with the sec, including forms. Tax responsibility the business case for making tax a. Reporting is the primary tool we use to disclose important information to our stakeholders about how we manage social and environmental issues and impacts. Csr report 201112 extract from annual report 201112. Locke, christopher lyddy, cate reavis january 21, 2009 3 for equipment. The 108page report, nike s first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. Getting traction on sustainability rebecca henderson, richard m.
As of full year 2017 reporting, for the first time, adidas presents its financial and nonfinancial information in one combined publication, the 2017 annual report. Nike issues fy04 corporate responsibility report nike news. In order to write a report that would discuss the general csr practices at amazon it was important to develop a better understanding of the company and its business operations. The result was three major shifts in strategy all of which the company has maintained to this day. At nike, we hold ourselves to the highest standards and we take our local and global responsibilities seriously.
Nikes latest corporate social responsibility report sets. By 1998, the company accepted it needed to take responsibility. Csr report 2011 csr report 2011 nsk used environmentally friendly paper and printing methods for this publication. Apr, 2005 the 108page report, nikes first public corporate responsibility report since it made the decision to stop reporting in october 2002 when it petitioned the u. Phil knight admitted the nike product has become synonymous with slave wages, forced overtime and arbitrary abuse. Nike initiated indepth csr disclosure to explain the current status of. Nike and child labour had become indelibly linked in the public consciousness.
A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. How to use this report the complete report pdf includes all sections and allows full access to videos, search capabilities, and bookmarks. Nike released an updated version of its corporate social responsibility report last week, and while many mainstream media outlets reduced its contents to a simple reduction in overtime, the company actually laid out a broad series of goals that will likely have a serious impact on the way sourcing is conducted in the future. Nikes tax strategy is to maximize shareholder value in a socially responsible. Thats why we require our employees and board members to comply with both the letter and spirit of the code and make decisions that will preserve the. Corporate social responsibility and corporate sustainability reporting terms interchangeably explaining abbreviation csr depending on the context. However, the main focus of this research is on the analysis of reporting and its final product sustainability report.
Reporting period this report covers the period from april 1, 2010, to march 31, 2011 although certain activities are included that fall outside this. Nike inc, annual report 2011 by andrea valle issuu. As used in this report, the terms we, us, nike and the company refer to nike. Corporate social responsibility at amazon business essay. For example, as nikes director of compliance, todd. In turn, that boosted sales of differentiated and highvalueadded products, including ssd. Nike releases corporate responsibility cr report sgb. Nike reaffirms commitment to environmental and social targets in new sustainability report.
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