Search tools @ Unilever Typically, when people think about sustainability in the realm of Corporate Social Responsibility (CSR), they think about the specific activities of companies, such as conservation of natural resources and the integration of alternative energy in buildings and factories. Some companies, however, take sustainability a step further in their CSR efforts. Unilever, a British Dutch multinational consumer goods company, focuses not only on the specific activities of their company, but also the supply chain that supports it, as well as the activities of its customers and consumers. This effort to go above and beyond the norm by making sustainable living commonplace is why Unilever is widely regarded as one of the few truly sustainable businesses in the world. As one of the world's leading suppliers of fast moving consumer goods with operations in over 100 countries and sales in 190, Unilever's sheer size enables it to make an enormous positive impact on both society and the environment. The company's groundbreaking 10-year Sustainable Living Plan is perhaps its greatest CSR success so far and exemplifies how businesses can reduce environmental impact for the long-term and on a large-scale, while also maintaining sales growth. The Sustainable Living Plan, which launched in 2010, includes three overarching goals, which Unilever has pledged to achieve by the year 2020: (1) improving the health and well-being of the company's customers and consumers, (2) reducingthe company's overall environmental impact, and (3) enhancing the livelihoods of millions of people around the globe. In addition to these three goals, the company hopes to double the size of its business. Five years into the ambitious plan, Unilever is on track to meet most of its green goals and has made admirable progress in improving the livelihood, health, and well being of others. More than 55% of Unilever's agricultural raw materials are now sustainably sourced, which is more than halfway to the 2020 target of 100%. The company is also making significant reductions in CO2 from energy and water in manufacturing, reducing them by 37% and 32% per ton of production respectively since 2008. Unilever has even achieved one its green goals ahead of schedule. zero non-hazardous waste to landfill. It has also managed to reach over 397 million people with programs on hand washing, safe drinking water, sanitation, oral health and self-esteem. In addition, the business case for Unilever's progress couldn't be dearer: the plan accounted for half of the company's growth in 2014 and grew at twice the rate of the rest of the business, according to the company's chief executive, Paul Polman. In a world of growing rising population, and increasing environmental challenges, the need for businesses to go above andbeyond in CSR is evident, as are the benefits and opportunities. This calls for a transformational approach, like that of Unilever, to the way corporations think about sustainability Comm Fill & S More T Convert and with Acrol Start Free QUESTION 2 [10 MARKS] "A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. With reference to the case study, explain briefly the BGS stakeholder model and discuss how Unilever has maintained mutual relationships with each of its primary stakeholders. END

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question
Search tools
@
Unilever
Typically, when people think about sustainability in the realm of Corporate Social Responsibility (CSR), they think about the specific activities of
companies, such as conservation of natural resources and the integration of alternative energy in buildings and factories.
Some companies, however, take sustainability a step further in their CSR efforts. Unilever, a British Dutch multinational consumer goods
company, focuses not only on the specific activities of their company, but also the supply chain that supports it, as well as the activities of its
customers and consumers. This effort to go above and beyond the norm by making sustainable living commonplace is why Unilever is widely
regarded as one of the few truly sustainable businesses in the world.
As one of the world's leading suppliers of fast moving consumer goods with operations in over 100 countries and sales in 190, Unilever's sheer
size enables it to make an enormous positive impact on both society and the environment. The company's groundbreaking 10-year Sustainable
Living Plan is perhaps its greatest CSR success so far and exemplifies how businesses can reduce environmental impact for the long-term and
on a large-scale, while also maintaining sales growth. The Sustainable Living Plan, which launched in 2010, includes three overarching goals,
which Unilever has pledged to achieve by the year 2020: (1) improving the health and well-being of the company's customers and consumers,
(2) reducingthe company's overall environmental impact, and (3) enhancing the livelihoods of millions of people around the globe. In addition to
these three goals, the company hopes to double the size of its business.
Five years into the ambitious plan, Unilever is on track to meet most of its green goals and has made admirable progress in improving the
livelihood, health, and well being of others. More than 55% of Unilever's agricultural raw materials are now sustainably sourced, which is more
than halfway to the 2020 target of 100%. The company is also making significant reductions in CO2 from energy and water in manufacturing,
reducing them by 37% and 32% per ton of production respectively since 2008. Unilever has even achieved one its green goals ahead of
schedule. zero non-hazardous waste to landfill. It has also managed to reach over 397 million people with programs on hand washing, safe
drinking water, sanitation, oral health and self-esteem.
In addition, the business case for Unilever's progress couldn't be dearer: the plan accounted for half of the company's growth in 2014 and grew
at twice the rate of the rest of the business, according to the company's chief executive, Paul Polman.
In a world of growing rising population, and increasing environmental challenges, the need for businesses to go above andbeyond in CSR is
evident, as are the benefits and opportunities. This calls for a transformational approach, like that of Unilever, to the way corporations think
about sustainability
Comm
Fill & S
More T
Convert and
with Acrol
Start Free
Transcribed Image Text:Search tools @ Unilever Typically, when people think about sustainability in the realm of Corporate Social Responsibility (CSR), they think about the specific activities of companies, such as conservation of natural resources and the integration of alternative energy in buildings and factories. Some companies, however, take sustainability a step further in their CSR efforts. Unilever, a British Dutch multinational consumer goods company, focuses not only on the specific activities of their company, but also the supply chain that supports it, as well as the activities of its customers and consumers. This effort to go above and beyond the norm by making sustainable living commonplace is why Unilever is widely regarded as one of the few truly sustainable businesses in the world. As one of the world's leading suppliers of fast moving consumer goods with operations in over 100 countries and sales in 190, Unilever's sheer size enables it to make an enormous positive impact on both society and the environment. The company's groundbreaking 10-year Sustainable Living Plan is perhaps its greatest CSR success so far and exemplifies how businesses can reduce environmental impact for the long-term and on a large-scale, while also maintaining sales growth. The Sustainable Living Plan, which launched in 2010, includes three overarching goals, which Unilever has pledged to achieve by the year 2020: (1) improving the health and well-being of the company's customers and consumers, (2) reducingthe company's overall environmental impact, and (3) enhancing the livelihoods of millions of people around the globe. In addition to these three goals, the company hopes to double the size of its business. Five years into the ambitious plan, Unilever is on track to meet most of its green goals and has made admirable progress in improving the livelihood, health, and well being of others. More than 55% of Unilever's agricultural raw materials are now sustainably sourced, which is more than halfway to the 2020 target of 100%. The company is also making significant reductions in CO2 from energy and water in manufacturing, reducing them by 37% and 32% per ton of production respectively since 2008. Unilever has even achieved one its green goals ahead of schedule. zero non-hazardous waste to landfill. It has also managed to reach over 397 million people with programs on hand washing, safe drinking water, sanitation, oral health and self-esteem. In addition, the business case for Unilever's progress couldn't be dearer: the plan accounted for half of the company's growth in 2014 and grew at twice the rate of the rest of the business, according to the company's chief executive, Paul Polman. In a world of growing rising population, and increasing environmental challenges, the need for businesses to go above andbeyond in CSR is evident, as are the benefits and opportunities. This calls for a transformational approach, like that of Unilever, to the way corporations think about sustainability Comm Fill & S More T Convert and with Acrol Start Free
QUESTION 2
[10 MARKS]
"A stakeholder is a party that has an interest in a company and can either affect or be affected by the business.
With reference to the case study, explain briefly the BGS stakeholder model and discuss how Unilever has maintained mutual relationships with
each of its primary stakeholders.
END
Transcribed Image Text:QUESTION 2 [10 MARKS] "A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. With reference to the case study, explain briefly the BGS stakeholder model and discuss how Unilever has maintained mutual relationships with each of its primary stakeholders. END
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON