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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
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)
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
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
Starbucks CSR approach - how do the employee benefits contribute to development opportunities
offer education programs, training and career mobility
Starbucks impact - how do they support rural development
investing in smallholder farmers, giving them stable income training and market access
Starbucks impact - how else do they contirbute to human devlopment
promote inclusive hiring and diversity
which SDG’s does Starbucks align with
SDG 1: No Poverty
SDG 4: Quality Education
SDG 8: Decent Work and Economic Growth
Patagonia - what makes Patagonias CSR approach different
combines Fair Trade Certified factories, Regenerative Organic agriculture and a circular economy model (Worn Wear)
Patagonia - what does Worn Wear aim to chnage in consumer behaviour
shifts consumption norms from buying new to reparing and reusing
Patagonia - how do they imporve worker’quality of life
Fairtrade premiums, workers gained higher wages, safer working conditions and community-controlled funds
which SDG’s does Starbucks align with
SDG 10: Reduced Inequalities
SDG 12: Responsible consumption
SDG 13: Climate action