Management and Business Policy Discussion

INSTRUCTIONSPrior to beginning work on this discussion forum,

● Review Chapter 10's section on Corporate Social Responsibility from the text, Strategic Management for Organizations.

● Review What is the Purpose of Your Purpose? ● Links to an external site. ● by Knowles, et al. ● Review The One Thing You Need to Know About Managing Functions: They

Require Their Own Strategies ● Links to an external site. ● by Martin and Riel.

Discuss in a minimum post of at least 250 words and analyze Beyond Meat Inc corporate social responsibility (CSR) initiatives you chose for your Week 2 assignment. [Note: citations and direct quotations do not count towards the minimum.]

● What specific CSR programs or activities does the company engage in? ● What are their intended social and environmental impacts? ● How effective do you believe these initiatives are in promoting sustainability

and social welfare? ● Support your evaluation with evidence and examples from the company's

practices.

NOTE: Incorporate the feedback you receive from your instructor and save your work. It will be part of your Strategic Plan Final Project for this course.

Guided Response: Review all your peer’s posts. In a minimum of 150 words, respond to at least two of your fellow students’ posts substantively and provide information or concepts they may not have considered. Support your position by using information from the week’s readings. You are encouraged to post your required replies earlier in the week to promote more meaningful and interactive discourse in this discussion forum. Monitor the discussion forum until 11:59 p.m. (Pacific Time) on Day 7 and respond with robust dialogue to anyone who replies to your initial post.

PEER RESPONSES 1-Liz According to Abraham. (2012), “corporate social responsibility is the idea that business has a duty to society as well as the financial interest of stockholders”. Target social responsibility are all organized through design and elevating sustainable brands, innovating to eliminate waste and accelerating opportunity and equity. Target forward is the company’s plan for their sustainability implementation. By utilizing sustainable products and reducing their footprint by volunteering in communities target is set to utilize 100% renew or energy by 2030. Target’s sustainable brands such as Ever Spring Universal thread are use with materials that are recyclable. In 2018 target partnered with Ellen MacArthur and committed to providing sustainable packaging.

Target’s goals are that by 2040 they reduce their Green House Gas footprint by 0, their guest and team members will have a healthy environment as well as team members operations and supply chain. To achieve zero emissions, emissions must be reduced to a 1.5 Celsius pathway. From 2022 14% emissions have been reduced, and 66% renewal energy has been utilized.

Target foundation has invested in many organizations that promote the nature of work, financial resilience, and inclusion which support low income families and support and resources needed to achieve success. Target supports FreeForm, an organization that supports survivors and gender based due to violence to build financial security. Target foundation has committed to their savings match program that has helped over 1,300 survivors (Target corp., 2024). Target has a ongoing plan to create sustainability by eliminating waste and accelerating opportunity. Their progress has shown through their volunteering work, integrated brands, and environmental community social responsibilities. These initiatives are effective and will continue to be effective till they meet their goals for the company and their efforts and achievement will be demonstrated through their engagement as a community.

References:

Target. (2024). People, Planet, Business. Target corp.

https://corporate.target.com/sustainability-governance

Links to an external site.

The Momentum. (2022). 2021 Corporate Responsibility Report.

https://www.themomentum.com/reports/2021-target-corporate-responsibility-report#:~:text=As %20one%20of%20the%20largest,and%20accelerating%20opportunity%20and%20equity

Links to an external site.

.

Abraham, S. C. (2012). Strategic management for organizations [Electronic version]. Bridgepoint Education.

2-Beverly

Hi Class,

Digital payment leader PayPal Holdings, Inc. uses CSR. Corporate social responsibility at PayPal promotes financial inclusion, environmental protection, and fairness. The organization seeks financial inclusion and global fairness (Abraham, 2012). The company's CSR's Financial Inclusion program is extensive. PayPal has supported minority-owned and small businesses in several ways. PayPal's Empowerment Grants program helps minority-owned businesses affected by systemic discrimination or COVID-19 (PayPal 2024). The campaign seeks to remove economic barriers to economic empowerment for disadvantaged groups.

Environmental protection is another PayPal CSR priority. PayPal will use renewable energy exclusively for its data centers by 2040 to eliminate greenhouse gas emissions. PayPal (2024) reduces its carbon footprint by optimizing energy use and incorporating sustainability. It hopes this will aid global environmental goals, particularly climate change.

Pay Pal's CSR goals include fairness and equality. PayPal promotes LGBTQ+ and racial equality. PayPal gave millions to civil rights groups for racial justice (2024). It promised to fight systemic inequality for a fairer society. In their backward integration plan, PayPal's CSR initiatives improve sustainability and social well-being. The company's financial inclusion programs have helped many small businesses, especially in this economy. PayPal has global sustainability goals and publicly pledged carbon reduction. Abraham (2012) claims that CSR must be aligned with business strategy to be vital to long-term success.

Transparency and metrics add another CSR program evaluation method. PayPal updates its CSR activities regularly for accountability and reliability (2024). Paypal's long-term plan shows that CSR matters (Knowles et al., 2022). The company CSR shows its social and environmental concerns. PayPal can improve its image by prioritizing financial inclusion, social justice, and sustainability. PayPal's success and longevity depend on its clear goals and honest reporting.

References:

Abraham, S. C. (2012). Strategic management for organizations [Electronic version]. Bridgepoint Education.

Knowles, J., Hunsaker, B. T., Grove, H., & James, A. (2022). What is the purpose of your purpose? Harvard Business Review, 100(2), 36-43.

Martin, R. L., & Riel, J. (2019). The one thing you need to know about managing functions: They require their own strategies. Harvard Business Review, 97(4), 104–113.

PayPal. (2024). Corporate social responsibility. https://www.paypal.com/CSR