Topic > Corporate Social Responsibility - 1700

In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to adopt CSR policies. Therefore, in the twentieth century, corporate social responsibility (CSR) has become an important development in public life (Barnett, ND). Corporate social responsibility is defined as “how an organization exceeds minimum obligations to stakeholders specified through regulation and corporate governance”. ” (Johnson, Schools, & Whittington, ND cited March 2012). Stakeholders can be defined as “those individuals or groups who depend on the organization to achieve their objectives and on whom, in turn, the organization depends” ( Johnson, Schools and Whittington, ND cited March 2012).There are many purposes for this essay, the first purpose is to describe the key principles of corporate social responsibility and explain their importance to stakeholders to what extent this company follows these principles to be responsible to at least three of its stakeholders, three stakeholders, environment, customers and employees will be examined respectively. There is a link between responsibility corporate social and key stakeholder principles, which a company should follow to be accountable to its stakeholders. The first stakeholder is the environment and the key principle used for this is not to harm the environment, for example, recycle, manage waste and emissions correctly. The second stakeholder is the employees. The fundamental principle for employees is that companies provide safe and healthy working conditions for their staff. Additionally, employees earn an adequate salary for ...... middle of paper ......012]- Starbucks. 2011: Recycling and Waste Reduction Available from: http://www.starbucks.com/responsibility/environment/recycling[Accessed March 11, 2012]- Starbucks Newsroom. 2010: Starbucks struggles to reduce environmental impact. Available from: http://news.starbucks.com/article_display.cfm?article_id=472[Accessed March 11, 2012]- Starbucks Newsroom. 2010: Starbucks will offer additional low-calorie options this January. Available from: http://news.starbucks.com/article_display.cfm?article_id=313[Accessed March 11, 2012]- Recycling times. 2011: Starbucks steps up: addresses pollution charges by establishing a recycling process. Available from: http://therecycletimes.com/2011/04/starbucks-steps-up-to-the-plate-addresses-pollution-allegations-by-setting-up-a-recycle-process/[Accessed on March 11th 2012]