Socially Responsible Business
Baked Goods
Dancing Deer Bakery helps most when it keeps its eye on the bottom line.
Dancing Deer Bakery helps most when it keeps its eye on the bottom line.
For much of its history, Wal-Mart’s corporate management team toiled inside its “Bentonville Bubble,” narrowly focused on operational efficiency, growth, and profits. But now the world's largest retailer has widened its sights, building networks of employees, nonprofits, government agencies, and suppliers to “green” its supply chains. Here's how and why the world’s largest retailer is using a network approach to decrease its environmental footprint – and to increase its profitability.
Timberland, the footwear and apparel company headquartered in New Hampshire, is putting good old New England values to work to integrate socially responsible management practices throughout the value chain. Speaking at Stanford during the 2007 Responsible Supply Chains Conference, Gary Smith demonstrates in this audio lecture how in the more than 35 countries where his firm has a business presence, doing good does not have to be at odds with doing well.
With energy costs on the rise and the U.S. government expected to push for reduced carbon emissions, environmental sustainability has become a market imperative for Hewlett-Packard. Speaking at Stanford for the 2007 Responsible Supply Chains Conference, HP's senior VP of personal systems, Tony Prophet, shares how his company is working to reduce its environmental footprint throughout the product life cycle.
Starbucks has developed guidelines for creating and maintaining a sustainable supply chain, which it calls Coffee and Farmer Equity (C.A.F.E.) Practices. These coffee-buying guidelines help the company establish equitable relationships with farmers, workers, and communities. In this audio lecture recorded at Stanford during the 2007 Responsible Supply Chains Conference, Willard Hay explores what's making C.A.F.E. Practices successful.
Multinational corporations are in a quandary: Stakeholders are imposing higher standards than ever, but businesses are confused about what their global social responsibilities actually are.
Companies around the world are trying to figure out how to evaluate their performance—as well as that of their suppliers—on a host of corporate social responsibility (CSR) dimensions in areas such as diversity, community development, and environmental issues. How can CSR influence business initiatives and the value of CSR efforts be measured? In this panel discussion, Stanford 2007 Responsible Supply Chains Conference panelists share lessons and resources.
For Wal-Mart, social responsibility includes keeping products affordable to the millions of low- and middle-income consumers who form the bulk of its customer base. In this University podcast, Lawrence Jackson, former Wal-Mart president, brings the perspectives of someone who grew up in inner city Washington, D.C., to ask a Stanford audience at the 2007 Responsible Supply Chains Conference whether pushing for social and environmental responsibility in business is a racially and economically segregated movement.
SSIR Academic Editor Jim Phills spoke with Nike’s Hannah Jones about the sportswear giant’s extensive corporate social responsibility programs.