The importance of TNC corporate social responsibility frameworks and global agreements

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12 Terms

1
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corporate social responsibility (CSR)

a self-regulating business model that helps the company be socially accountable to itself, stakeholders and the public

2
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how can CSR (and social entreprenueruship) be used by TNCs to support the many dimensions of human devlopment

  • promoting ethical business practices

  • reducing poverty and inequality

  • supporting sustainable development

  • aligning with global agreements (UN SDGs, Paris Climate Accord)

3
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Starbucks CSR approach - what ethical sourcing strategy do they follow through CSR, and why is it important for development

Coffee and Farmer Equity practices, which ensures fair pricing, sustainable farming, and long-term supplier partenrships

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Starbucks CSR approach - what is the purpose of their Community Store Program

partners with local nonprofits to channel store profits back into education, job training and community resilience products 

5
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Starbucks CSR approach - how do the employee benefits contribute to development opportunities 

offer education programs, training and career mobility 

6
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Starbucks impact - how do they support rural development

investing in smallholder farmers, giving them stable income training and market access 

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Starbucks impact - how else do they contirbute to human devlopment

promote inclusive hiring and diversity

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which SDG’s does Starbucks align with

  • SDG 1: No Poverty

  • SDG 4: Quality Education

  • SDG 8: Decent Work and Economic Growth

9
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Patagonia - what makes Patagonias CSR approach different

combines Fair Trade Certified factories, Regenerative Organic agriculture and a circular economy model (Worn Wear)

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Patagonia - what does Worn Wear aim to chnage in consumer behaviour

shifts consumption norms from buying new to reparing and reusing

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Patagonia - how do they imporve worker’quality of life

Fairtrade premiums, workers gained higher wages, safer working conditions and community-controlled funds 

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which SDG’s does Starbucks align with

  • SDG 10: Reduced Inequalities

  • SDG 12: Responsible consumption

  • SDG 13: Climate action