StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation - Case Study Example

Cite this document
Summary
"IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation" paper focuses on IKEA’S case on corporate social responsibility. The Swedish home furnishing multinational company starts by highlighting its area of focus in the quest of the environment and people…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful

Extract of sample "IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation"

To effectively pursue its corporate responsibility, IKEA ensures that its products are manufactured in a conducive environment by manufacturers who are responsible for the environment. IKEA strives to minimize the impact of climate change by supporting sustainable forestry while its long-term goal is to procure wood from forests that are certified as responsibly managed. To uphold ethics in its employment procedure, the company does not accept child labor as a means of safeguarding the right of children (IKEA, 2019).

To effectively pursue its corporate social responsibility, IKEA has adopted “I WAY” which is also referred to as The IKEA Way, as a mean of purchasing products for home furnishing.” I WAY” entails a code of conduct that stipulates the minimum requirements regarding the conditions of the workplace, environmental protection, and Child labor that IKEA imposes on its suppliers while highlighting what they are bound to gain when pursuing them. Other codes of conduct that IKEA adopts include the IKEA WAY on food purchases and the IKEA way of the distribution of the products used in home furnishing.

This section enables the reader to understand the codes of conduct that IKEA applies to make it a corporate socially responsible company while enhancing social and global sustainability (IKEA, 2019). Basing on the case, IKEA contributes positively to supporting communities and general society through charity and sponsorship. The IKEA Group focuses its philanthropic action on active partnership rather than undertaking sponsorship and making charitable donations. From the analysis of the corporate social responsibility of the company, the social projects that it initiates target children, for which it partners with organizations that support the interest of children such as Save the Children and UNICEF.

IKEA’s sponsorship for events, education needs, and local projects are usually done by its individual stores (IKEA, 2019). According to the company, IKEA is a living brand that facilitates how the store innovates and operates by focusing on the needs of the customers. 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(IKEA Way - a Program of Corporate Social Responsibility Implemented by Case Study, n.d.)
IKEA Way - a Program of Corporate Social Responsibility Implemented by Case Study. https://studentshare.org/business/1893800-ikea-way-a-program-of-corporate-social-responsibility-implemented-by-a-global-corporation
(IKEA Way - a Program of Corporate Social Responsibility Implemented by Case Study)
IKEA Way - a Program of Corporate Social Responsibility Implemented by Case Study. https://studentshare.org/business/1893800-ikea-way-a-program-of-corporate-social-responsibility-implemented-by-a-global-corporation.
“IKEA Way - a Program of Corporate Social Responsibility Implemented by Case Study”. https://studentshare.org/business/1893800-ikea-way-a-program-of-corporate-social-responsibility-implemented-by-a-global-corporation.
  • Cited: 0 times

CHECK THESE SAMPLES OF IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation

Corporate Social Responsibility

The intention of this study is the concept of corporate social responsibility (CSR) that has gained considerable significance in the context of modern business corporations.... hellip; This research aims to evaluate and present corporate social responsibility (CSR), to tell how does a firm decide on its CSR, give an examples of CSR activities, demonstrate the Debate about CSR and debate between the “voluntary” and the “mandatory” aspects of CSR.... Therefore, the social citizens will never consider the business firm as an enterprise which survives only for the purpose of making profits....
22 Pages (5500 words) Essay

SOCIAL ACCOUNTING OR CORPORATE SOCIAL RESPONSIBILITY

ccountants have made an important contribution in the debate of corporate social responsibility also known as social accounting or CSR.... Influence on the practise of corporate social responsibility tends to interact or overlap in many different and complex ways such as when the investment firms spends a huge amount of dollar in order to educate the potential financial consumers to... Ryan (2002) has described the corporate social responsibility or CSR as motherhood issue, the hot topic of the noughties by Blyth (2005) and finally Mees and Bonham (2004) have defined CRS as the talk of the town....
10 Pages (2500 words) Literature review

CSR Can Sometimes Be Good For the Companies Profit Margins But Sometimes Not

CSR Can Sometimes Be Good For the Companies' Profit Margins But Sometimes Not It is a reality hidden from none that an articulate and wisely engineered corporate social responsibility (CSR) strategy not only aims at invigorating economic development but also pays a great deal of attention to upgrading the state of the workforce and community at large.... When the idea of social responsibility in relation to business activities first made appearance in the business world in the late 1960s, it was considered controversial by many (Karake-Shalhoub 1999: xi)....
16 Pages (4000 words) Essay

Corporate Social Responsibility: Levi Strauss & Co

This study will begin with the statement that though the concept of corporate social responsibility (CSR) has been clearly defined in the 1950s, only in the recent decades it has become a visible and important aspect or organizational culture and performance.... nbsp;The company claims to have created the first pair of jeans in the world, and is now a successful international corporation, the three major divisions of which are Levi Strauss Corporate and Americas in San Francisco, Levi Strauss Europe, Middle East and North Africa in Brussels and Levi Strauss Asia Pacific in Singapore (Locations 2010)....
6 Pages (1500 words) Case Study

United Nations Global Compact and Global Reporting Initiative. Why Corporate Social Responsibility Matters

corporate social responsibility Matters Introduction Everyday, many people enjoy so many things offered by corporations.... This method of doing business is called corporate social responsibility, or CSR.... y the definition of Kotler and Lee (2005), “corporate social responsibility (CSR) is a commitment to improve community well-being through discretionary business practices and contributions of corporate resources.... By the definition of Kotler and Lee (2005), “corporate social responsibility (CSR) is a commitment to improve community well-being through discretionary business practices and contributions of corporate resources....
12 Pages (3000 words) Essay

The Advantages, Disadvantages, and Future Perspectives of Stakeholders Value Theories

The importance of the shareholder has been based on the principle of corporate law supported by the contractarian school in the US5.... The shareholder value principle requires for a corporation to be managed in ways which support the shareholders over and above other parties having claims on the company.... The stakeholder theory on the other hand declares that the goal of the corporation must be to support all individuals who have been identified as stakeholders2....
16 Pages (4000 words) Essay

CSR and Corporations

hellip; Kotler and Lee (2004) defined corporate social responsibility or CSR as the “commitment to improving community well-being through discretionary business practices and contributions of the corporate resources” (p.... The paper "CSR and Corporations" analyses the sincerity of corporations in showing their social responsibility for the development of society.... This paper analyses the sincerity of corporations in showing their social responsibility for the development of society....
12 Pages (3000 words) Essay

On Merck Corporation and Social Responsibility

n the past two decades,the business world has also adapted this movement in the form of the corporate social responsibility awareness.... In the past two decades, the business world has also adapted this movement in the form of the corporate social responsibility awareness.... One such company is the Merck corporation.... In a time where businesses normally went for profit, Merck corporation changed its direction to make a difference....
4 Pages (1000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us