Tuesday, December 10, 2019

Corporate Social Responsibility for Sustainability

Question: Discuss about the Corporate Social Responsibility for Sustainability. Answer: Introduction: The HM is required to provide safe work environment to its employees by listening to their problems. It should build a comprehensive work culture by inculcating new communication technology so that employees can make effective decisions. Besides this, repairs of equipments and machines should be done in order to eliminate occurrence of injuries at the work place. The company should encourage workers participation in decision making process which facilitates in increasing their commitment towards the organization. In addition to this, the performance of the employees should be evaluated with unbiased manner which helps in increasing their productivity levels as they are highly motivated to perform different tasks in an effective and efficient manner. Besides this, the other recommendation is that the employees of the company should maintain privacy in recording and maintaining the entries related to financial information (HM Annual Report, 2015). This in turn results in increasing the commitment level of the employees in the organization. In addition to this, relevant information should be communicated to stakeholders in order to maintain the transparency of its operation (HM Group, 2016). It is also required for the organization to make strategic alliances with different companies in related industry in order to share and adopt new technologies which facilitates in increasing iuts market share and achieving sustainability in the market(Good on you, 2016). Recommendation on three philanthropic activities The company should enter into a partnership with different schools in order to provide education to different students who are deprieved of education. In addition to this, the company should sponsor different sport events and produce different clothes which can be wear at the time of the occurrence of the sports event. The company should make collaborations with other companies in order to adopt technologies to recycle the products made by the company. This facilitates in reducing the waste occurred while producing the product. It also has a positive impact on the environment. This is because it helps in reducing the carbon footprint extrations in the environment. Along with this, charities can be made by sponsoring an health event for children in order to provide them knowledge regarding first aid or precautions that can be taken to live an healthy life(HM, 2016). References Good on you. 2016. The ethics of fast fashion: HM and Zara. Retrieved from https://goodonyou.org.au/the-ethics-of-fast-fashion-hm-and-zara/ HM Annual Report. (2015). Retrieved from https://about.hm.com/content/dam/hmgroup/groupsite/documents/masterlanguage/Annual%20Report/Annual%20Report%202015.pdf HM Group. (2016). Our Approach. Retrieved from https://about.hm.com/en/sustainability/our-approach.html HM. (2016). Can HM set a new standard for sustainability if their business model is unsustainable. Retrieved from https://projectjust.com/brand_hm/

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