ipl-logo

Assignment 2: Meeting Ethical Trading Initiative

1236 Words5 Pages

Date: November 20, 2014 To: Saul Nir, Chief Executive Officer From: Gurashish Singh Juneja, Director of I.T. and Communication Subject: MEETING ETHICAL MANUFACTURING STANDARDS Introduction: At your request, I have conducted a research into ethical manufacturing, particularly with reference to the Ethical Trading Initiative. The research conducted will allow Artik to achieve better market standing in terms of our corporate social responsibility and help us attract and retain customers in the long term. To carry out this research, I have consulted with various industry organizations and government bodies dealing with the ethical production of goods worldwide. I also conferred to various articles published by revered …show more content…

According to a survey conducted by CTV News in 16 countries of more than 18,500 people, about 70 percent of the people are willing to pay extra dollars for clothes and consumer goods that were produced ethically under safe working conditions (J.Rao). These key bits of information point to a changing landscape in consumer purchasing today. The success of an organization or a company today depends on the ethical standing and its compliance with corporate social responsibility. Artik stands firm on its commitment to ethical manufacturing, and this can be analyzed further by looking at the company's international supplier, Gildan Activewear. Gildan Activewear, a Canadian multinational headquartered in Montreal, Quebec has a long past of ethical manufacturing. According to the company's mission statement, the company "strive[s] to be the industry leader by providing the highest quality branded manufactured products" to customers (Gildan Activewear). At Gildan Activewear, the good quality of products is achieved by implementing a proactive policy rather than that of a reactive one. This policy focuses on developing and implementing effective processes at each step of production. These steps are carefully followed by complying to the company's corporate social responsibility of minimizing waste that affects the environment, work based on team work under safe working conditions and continuous improvement. According to Gildan Activewear, the company has reduced up to 25% of its waste landfills since 2010 and recycled up to 91% of the left waste. The majority of rights presented in figure 1 are followed and implemented by Gildan Activewear in its facilities around the world. Furthermore, it has been recognized by the Dow Jones Sustainability World Index for two consecutive years in a row ( Gildan Activewear). This can be credited to the company's

Show More
Related
870 Words | 4 Pages

By the late 1980s, business practice for apparel companies should be responsible for the conditions in their suppliers’ factories. However, it was a novel and undesirable idea to most companies. Several years later, Levi Strauss become the first apparel company to create and enforce the code of conduct because of the under pressure from the activists, consumers, and religious group. In the book, the author stated that numerous companies began to adopt the code of conduct and expect their supplier commit a variety of fair labor practice as a condition of their business relationships, and organization emerged to help companies monitor conditions in their suppliers’ factories. In 1995, Verité, a nonprofit organization, assists various countries in their efforts to oversee working conditions in supplier factories.

Read More
1452 Words | 6 Pages

There are also ways for Lululemon to improve its stakeholder relationships. A company’s everyday decision making should be ethical, but some decision can lead to ethical

Read More
814 Words | 4 Pages

UNDERSTANDING BUSINESS ETHICS Task 1.1 Explain the ethical issues a business needs to consider in its operational activities. While keeping up high ethics principles and following laws and regulations are imperative for all organizations, assembling organizations face extra difficulties as a result of the potential for hurting representatives and shoppers. When you work an assembling line, the potential for damage to specialists and the likelihood that your items are risky for buyers is constantly present. Actualizing approaches, methodology and controls to decrease these dangers is not just ethics, it is frequently a legitimate necessity. Masco Corporation: Masco Corporation is today one of the world's biggest makers of brand-name items for the home change and new home development markets.

Read More
751 Words | 4 Pages

In Canada, the federal government spends millions annually on imported garments, while the government of Ontario also purchases significant amounts, $66 million over the last five years. While as citizens we pay for these garments, we have little or no information on how or in which countries they are produced. Other public institutions — schools, universities and hospitals — also purchase and sell garments. Our governments and public institutions can adopt purchasing that supports more ethical production.

Read More
674 Words | 3 Pages

Through a commitment to corporate social responsibility and gaining an understanding of Russia’s cultural orientations, Lululemon will then be able

Read More
672 Words | 3 Pages

The paper will demonstrate the concerns regarding the ethical issues regarding the creation of

Read More
1110 Words | 5 Pages

They move towards handling the issues of low wages in the developing countries by introducing sustainable solutions for setting up ethical model factories which looks after labour or employees’ rights and other different ethical aspects (Redman and Wilkinson 2001). Marks and Spencer are included in the list presented by Ethisphere Institute think-tank, which nominated it as the most ethical organisation of the world. For instance, they are committed to promoting healthy lifestyles and wellbeing for their customers and employees through product innovation, provision of information and encouraging active lifestyle of their customers. They also help to fight illness, tackle poverty and protect the environment in the communities where their customers and staff live as well as on an international scale where necessary (M&S, Plan A,

Read More
910 Words | 4 Pages

Proper actions increase the world’s supply of these three goods and should be the primary choice of action in moral decision making. The remainder of this paper will examine each of these in relation to R&D decision

Read More
1857 Words | 8 Pages

In turn, their finished product is also cheap due to the unethical conditions, so consumers are also pleased with the price. However, the environment and laborers cannot be ignored simply because a product is cheap. By continuing to buy unethically sourced products, industrial consumers and typical consumers alike are condoning the alarming conditions from which their product came from. Buying food with the “fairtrade” logo on it, while the product will be more expensive, is a way to take a stand against poor ethics. Consumers must take a stand against unethical production.

Read More
549 Words | 3 Pages

Patagonia is a very popular clothing company that provides high quality wear designed for people that enjoy being outdoors. The provide good quality warm clothing such as jackets and flees for reasonable prices. Not only do they provide a great product, but they also make it their aim to make a positive impact by contributing to the industry and by also creating high standards and values which is something that popular brands should always do. Profitability for a company is linked to their ethical standards because it builds a reputation for the brand. It has been found that many investors determine if a company should be invested in by also looking at their social impact.

Read More
766 Words | 4 Pages

Nike announced that the organization would extend United States operating rules and processes to their overseas supply chains (Epstein-Reeves, 2010). No longer could organizations just shrug off the practices of their supply chains by saying, that is out of the organizations control (Eptein-Reeves, 2010). Nike would make a change to adopted an expanded view of their social responsibilities to their consumers (Epstein-Reeves, 2010). Research indicates that nearly three-quarters of American investors consider social responsibility when making investment decisions (DeTienne & Lewis, 2005). The problem organizations face in maintaining a positive image while being confronted with ethical, legal, and economic criticisms (DeTienne & Lewis, 2005).

Read More
901 Words | 4 Pages

Furthermore, it is noted that customers, particularly from developed nations like UK, France and Italy are more and more concerned about their health and the report on individual health expenditure over the last decade by OECD (2011) has confirmed that. The report shows that customers are becoming more inquisitive in the type, nature, origin and the processing method of materials in which, apparel and clothing firms uses in producing their product. Thus, demanding for transparency and accountability. Consequently, many customers have gone green and they are persistently advocating for sustainable and ethical activities of firms (Johansson, 2010; Pookulangara

Read More
795 Words | 4 Pages

Reducing materials-related impacts is among the strongest levers Nike have for improving their overall environmental performance. However, it’s challenging to reach far upstream into their value chain and influence the behavior of companies and individuals over which they have no direct impact. Therefore, Nike focus on product design, an area they do control. Decisions they make in the design phase determine the majority of a product’s environmental impacts, and can have exponential effects up and down our value chain. These impacts are embedded in the creation of materials, from how much they weigh to transport, to how much water and energy is used in washing them, to what is left when a product’s useful life is over.

Read More
1262 Words | 6 Pages

Introduction The key ethical issues that were presented in this case study were quality control, lack of customer care, responsiveness, and harming the customer. The Johnson and Johnson case may have been seen as a turning point due to many things the company did right. However, there were many ethical issues in this case which will be explored more throughout this paper.

Read More
2901 Words | 12 Pages

Business ethics also referred to as corporate ethics can be considered as either a form of applied ethics or professional ethics. Its purpose is to analyse ethical principles and also moral as well as the ethical problems that might arise in a business environment. Business ethic is applicable to all parts of business conduct and also takes into consideration the conduct of individuals and the business organizations as a whole. Business ethics can be divided into normative and descriptive discipline. For the purpose of this assignment, the Nestle Company has been chosen.

Read More

More about Assignment 2: Meeting Ethical Trading Initiative

Related Topics

Open Document