MKTG563-SU20 - M7_ Group CSR Report and Program Critique-2.docx - 1 Is the company doing enough As the environment becomes more and more dependent on

MKTG563-SU20 - M7_ Group CSR Report and Program Critique-2.docx

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1 Is the company doing enough? As the environment becomes more and more dependent on the human race, companies are becoming more self-aware of their effect on the environment around them. Companies and organizations, such as Unilever, have designed corporate social responsibility strategies in order to reduce their carbon footprints. Unilever is a multinational consumer goods company based out of London, England. The company produces food products, beauty products, cleaning agents, and personal hygiene products and is the largest producer of soap in the entire world. The objective of corporate social responsibility (CSR) is to keep companies, stakeholders, and the public socially accountable. In 2010, Unilever was one of the first movers in the market to set out a CSR. Unilever's sustainable living plan's purpose is to reduce its environmental footprint and increase their positive social impact (Unilever, 2020). Unilever’s CSR hones in on 3 main goals which include improving health and well-being for more than 1 billion consumers, reducing environmental impact by half, and enhancing the livelihoods for millions. Climate change has become a huge challenge around the globe. The World Economic Forum identified that extreme weather events, climate action failure, natural disasters, biodiversity loss, and human-made environmental disasters are the main reasons why climate change has become such a big issue (Unilever, 2020). Unilever has transformed their manufacturing and development, by changing its agricultural production, ending deforestation related to the production of tropical commodities which enhances the use of renewable energy, and they have increased the use of electric powered automobiles to reduce carbon dioxide and nitrous oxide from energy. The company has designed the greenhouse gas (GHG) pillar and in turn, has seen benefits such as lower operational costs and improving the supply of raw materials. One example of how Unilever has been working on reducing gas emissions is that their food and refreshment division has rolled out their cabinets that use more climate-friendly natural refrigerants (Unilever, 2020). A resource that is essential for any living being is water. The scarcity of water has become a major problem for individuals and businesses. With Unilever, their home care, beauty, and personal care divisions account for more than 90% of the water used in the household. Their strategy to reduce water use has been by developing products that are just as effective but require less water or no water at all. Unilever has also continually been working with its suppliers to reduce the amount of water used for their crops and in their manufacturing facilities (Unilever, 2020). Plastic has been recognized to the root of all evil when it comes to environmental issues and Unilever has been aware of this. The company has and continues making efforts to keep the material where it can be reused, recycled, or composted. Their goal is to work towards a circular economy for plastic. Since 2017, Unilever has implemented internal frameworks to reduce its
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