Select a company that only deliver financial performance but doesn’t make a posi
ID: 398202 • Letter: S
Question
Select a company that only deliver financial performance but doesn’t make a positive contribution to society. List 5 thing this company should start doing to have a positive social impact not only financial. (Has to be a company that never positively contributed to society and is not currently making a positive contribution, this is not supposed to be a company that didn’t use to make a positive contribution and now is making a positive contribution. It supposed to be a company that is not currently helping society and has never helped) Select a company that only deliver financial performance but doesn’t make a positive contribution to society. List 5 thing this company should start doing to have a positive social impact not only financial. (Has to be a company that never positively contributed to society and is not currently making a positive contribution, this is not supposed to be a company that didn’t use to make a positive contribution and now is making a positive contribution. It supposed to be a company that is not currently helping society and has never helped)Explanation / Answer
Amazon, the US based world's largest ecommerce firm never produced a Sustainability report. Amazon’s prime focus is customer satisfaction, increasing sales and expansion to various countries across the world. Its 14 core leadership principles are centered on the business aspects and none of these point sustainability or social responsibility perspective. Neither does Amazon invested in the corporate social responsibility activities like charity, environmental sustainability, public welfare etc. Amazon had never disclosed the information related to greenhouse gas emissions, carbon footprint, any activities aimed at sustainability etc. In fact, many of its facilities have hard to worse working conditions and there are many complaints from the employees regarding exploitation. Amazon is able to sustain threats and complaints on its social responsibility profile due to its aggressive nature where it retracted its plans whenever an opposition was faced but never bowed down to the pressure.
Below are five things Amazon should start doing to have a positive social impact not only financial -
1. Better working conditions and wages for employees
2. Use of renewable sources of energy and reducing wastage
3. Producing sustainability reports periodically
4. Involving in community activities
5. Funding the needy
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