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Dannone North Americ B Impact Report

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What are Certified B Corporations? Certified B Corporations, or B Corps, are for-profit businesses that excel in social and environmental responsibility, transparency, and accountability, balancing profit and purpose. The non-profit B Lab governs the certification process. B Lab Certification Requirements: To become a Certified B Corporation, a company must: • Meet Performance Standards: Score at least 80 out of 200 on the B Impact Assessment (BIA), evaluating worker, customer, community, and environmental impact. Meet Legal Standards: Amend governing documents to consider all stakeholders, not just shareholders. Be Transparent: Publicly disclose their B Impact Report on the B Lab website. The Certification Process: • B Impact Assessment …show more content…

Nestlé and B Corp Certification: Nestlé, a global food and beverage leader, has yet to achieve B Corp certification. To do so, they would need to: • Meet BIA performance standards. Adopt stakeholder governance in the workplace. Enhance the transparency of your data. Address sustainability and ethical concerns, such as water usage, labor practices, and environmental impact. In conclusion, B Corp certification demands high social and environmental standards, accountability, and transparency. Companies like Patagonia, Ben & Jerry's, and Danone North America have successfully integrated sustainability and social responsibility into their core practices. For Nestlé, pursuing certification would require significant changes across its …show more content…

Verification: B Lab conducts a rigorous review process to verify the company's BIA scores. Legal Requirement: Adopt a stakeholder governance model, ensuring accountability to all stakeholders. Certification Fees: Fees are based on annual revenue, with larger companies like Nestlé incurring higher fees. Continual Improvement: Certified B Corps are re-evaluated every three years and must demonstrate ongoing improvements in their social and environmental practices. Challenges on the Path to Certification Potential restrictions to certification include complex supply chains, controversies and criticisms related to water usage, labor practices, and environmental impact, and governance

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External environment can undermine an organization's competency to sustain its competitive advantage. Through the Boys and Girls Club (BGC), the mission is to empower American youth with the skills and resources needed to become "healthy adults, responsible citizens, and effective leaders" through a local fund. BGC becomes very familiar among Americans, which many have volunteered locally to improve the youth lives. However, the limited resources of money is BGC's biggest weakness. Each local BGC is not nationally funded; instead, it is funded through its nearby communities.

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3.3 Fine-tone Product Offering and Widening Target Audience Group BabbaCo may consider widening the target audience group to 3-10 years old, instead of a narrow age group between 0-5 years old (Exhibit 2). It fits better to the educational purpose of Babba Box. They could then expand their product lines and to penetrate a bigger market especially with new competitors surfacing. Evaluation and Conclusion From a lean startup perspective, BabbaCo should not scale its business until its business model is validated.

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B Corporation Warby Parker is of the few companies that promote social change while maintaining quality. The founders of Warby Parker knew from the beginning that they wanted a company that was both socially and environmentally conscious. Therefore, they decided to certify Warby Parker as a B Corporation. A “B Corporation” stands for Benefit Corporation and this means that Warby Parker is a for-profit business that is commitment to consider employees, community and the environment when making decisions, rather than being beholden solely to profits. 4 Ps of Marketing Product

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As a group we believe that New Belgium Brewery (NBB) is a socially responsible corporation. Social responsibility is an ethical framework where corporations should embrace economical, cultural, social, and environmental issues ethically and susceptibly (imasocialentrepreneur.com, 2015). Firstly, as a corporation, NBB believes that the synchronization of what a “brand says,” and what a “company does” is the stepping-stone in achieving social responsibility (Ferrell, Fraedrich & Ferrell, pp.436). This mandate helps New Belgium Brewery emphasize that as a company, being able to integrate the company’s code of conducts and core values is what will make the company successful.

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”(Brewbound.com, n.d.) This ranking provides evidence of NBB’s ethical culture and decision making by the organizations leaders. The organizational success lies solely on the employees and the leadership behind the name, without the dedication from the employees to uphold NBB’s core values and beliefs; the company would not be where it is today. Reward power, legitimate power, and motivation are factors in the success of the company. These factors remaining constant, never straying from the core values and beliefs, are how NBB’s leadership continues to grow and excel as fast as they have.

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Many of the business of United States and Canada that meet these standards and complete the process will be accredited by BBB. The company has also established and maintained a positive track record in the market place (BBB of Central Oklahoma, 2016). BBB takes the way the

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Additionally, as consumers demand more transparency from corporations, CBA responds with annual reports and financial statements. CBA’s website provides test results for every batch of Omission Beer (CBA – Brands, 2012). This allows consumers to easily access data regarding CBA’s claims, further entrenching its reputation as a reliable

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The Better Business Bureau (BBB) was founded in 1912 as a non-profit organization designed to monitor advertising and retail trade and advance market place confidence. The actual concept was to keep business files on business, research and scams, to report them to local authorities. Every business organization, no matter the size or scope will benefit have a set of rules and guidelines that the company must follow. The association received controversy with its rating system, even though it has been credible resource for consumer by providing ethical information regarding business ( Farell, Fraedrich, & Ferrell, 2013).

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WalMart was used in this paper to illustrate the importance and effectiveness of establishing a BSC. The desired effect of a BSC is to improve the organizational performance and productivity of a company by setting targets and implementing strategic initiatives to accomplish desired results. This ultimately leads to an improvement of the four perspectives of the BSC which are the financial perspective, customer perspective, internal perspective, and the learning perspective. When a company implements the proposed methods contained within the BSC, the company will increase the customer satisfaction as well as increase customer retention. This also allows the company to improve its learning and growth perspective by decreasing employee turnover rate, improving the company?s ability to attract and retain new employees, and it will increase employee satisfaction.

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Evaluating validity to examine the effectiveness in and throughout the process. This process involves the factuality of information, project design, data applications, data, model and the results from an event or occurrence. Accountability will include checks and balance, performance evaluations, assessment and customer satisfaction. Measurement tools will then be considered in the light of the industry’s exclusive realities and considerations. Over time, accountability impact and cost must be evaluated.

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A multinational as big as Nestlé plans on the long term, which is why they put a great deal of research into finding out how a business is successful. They have experienced that to achieve success like they have there has to

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This business is regularly followed by human resources, safety and health environment-related compliance and business integrity which is based on an independent external audit network evaluated programs called CARE. Therefore, Nestlé worked hard to ensure a high standard of both employees and employers welfare as well as other forms of its CSR aspects such as employee safety, environmental problems, and education. Nestlé believes that its corporate business responsibilities shape the way of business that form of the cultures values, although the basic foundation is unchanged from the time of the origins of the company. Thus, its corporate business principles

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These days, it’s not enough to produce an excellent product or deliver a remarkable service; people also want to be aware if they’re doing business with a company that cares about its effect on its surroundings and is interested in doing the right thing for society it functions in. Today’s consumers hold the companies to a very high standard and continuously look for more than just material products or quality services when choosing a company to work with. To put it simply, consumers expect companies to not only make a profit, but also operate responsibly to address social and environmental issues. Typically, a company’s CSR programs include a corporate giving and volunteer program, environmentally sound practices or business practices designed

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First an overview of its ethical issues shall be presented, followed by the company’s attitude toward corporate governance and its CSR activities shall be discussed. For a brief introduction of the company, Nestle is a Swiss-based, food and beverage producer that is known worldwide. Nestle has existed for more than 140 years. As to this date, with more than 8,000 brands and global sales of over $100 billion the company is the largest food and beverage manufacturer around the world.

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This is due to their good management and other factors as well. The management of Nestle uses the best process which guarantees decent and productive running of the business. Besides that, the company utilizes

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