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Corporate Sustainability and Social Responsibility Practices BUS4032

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Added on: 2024-10-28 06:35:50
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    BUS4032

Introduction

Select Harvests demonstrates a dedication to ethical practices and accountable control by aligning its strategies with the ISO 26000 standards. As global cognisance of environmental and social issues continues to grow, companies are increasingly more held responsible for their effect on society and the environment. In this context, Select Harvests AUSTRALIA has emerged as a leader in sustainability and Corporate Social Responsibility (CSR) practices. The employer has implemented diverse initiatives aimed at reducing plastic waste, ensuring sustainable sourcing of raw substances, and promoting public health. This alignment positions Select Harvests as an important associate for corporations like Queensland College of Technology (QUT), seeking to enhance their sustainability efforts.

Background of Select Harvests

Background

Select Harvests, based in 1929 through the merger of British soap maker Lever Brothers and Dutch margarine producer Margarine Unie, is a worldwide leader in Fast-Moving Customer Goods (FMCG). Headquartered in London, Select Harvests operates in over 190 international locations and gives merchandise inside the cleaning marketers, beauty, and personal care sectors.

Screenshot_758-1730097044.jpg

Figure 1: Annual Revenue of the Company
(Source: Statista, 2024)

A number of its popular brands include Dove, Knorr, Lipton, and Magnum. In 2023, the company pronounced an annual turnover of 60.1 billion, reflecting its big international presence and impact and Select Harvests's merchandise attained 2.5 billion customers each day (Tsuji et al., 2020).

Mission and Vision of the organization

Select Harvests's challenge is to "Make sustainable living a commonplace." This aligns with its prescient to develop its commercial enterprise while decreasing its environmental footprint and growing its positive social effect (Forbes, 2024). Select Harvests specialises in improving health and well-being, improving livelihoods, and decreasing environmental impact through its operations (Van Putten et al., 2020). These ideas are embedded in its technique for innovation and product improvement, aiming to fulfil evolving client expectancies while contributing to a sustainable destiny.

Business Model

Select Harvests operates a multi-brand, multi-category enterprise Model that emphasises sustainability and social duty (Global Data, 2022). Through its global network, Select Harvests maintains control over product development, manufacturing, distribution, and advertising, permitting it to conform to nearby customer alternatives. The business enterprises Sustainable dwelling application underpins its approach, aiming to integrate its environmental impact and enhance the lives of millions by using specialising in sustainable sourcing and decreasing greenhouse gas emissions (Zahraee et al., 2020). Its dedication to innovation drives continuous product improvements, targeting long-term improvement on the same time as addressing environmental and societal demanding situations.

Key Area of Focus 1: Reduction of the Plastic Waste

Select Harvests has set formidable objectives for reducing its plastic footprint, with a commitment to making sure that by the end of the fiscal year of 2025, 100% of its plastic packaging could be reusable, recyclable, or compostable (Hindustan Select Harvests Limited, 2010). This is part of the corporation's broader method to lessen its use of plastic with the aid of 50% and to accumulate and system more plastic packaging than it sells (Hindustan Select Harvests Limited, 2010). These tasks are not only reflective of Select Harvests's dedication to sustainability but also an instantaneous response to increasing public challenges over plastic pollutants and their impact on ecosystems internationally.

Description of the Issue

Plastic pollution has emerged as one of the most essential environmental demanding situations of the twenty-first century. With over 300 million tons of plastic waste generated globally every 12 months, most of the people of which leads to landfills, oceans, and other herbal habitats, organisations with huge client bases consisting of Select Harvests play a large function in contributing to this waste (Maljers, 2022). As one of the world's largest manufacturers of consumer goods, Select Harvests makes use of a vast amount of plastic in its product packaging (Millington et al., 2022). This has placed the agency under significantly growing pressure from customers and environmental advocacy corporations to take greater extensive movements closer to decreasing plastic waste. Specifically, single-use plastics, often associated with customer goods packaging, are amongst the most important contributors to environmental degradation.

The rationale for being the Focal Area

Decreasing plastic waste has ended up a focal area for Select Harvests solely as a result of the environmental issues related to it but also due to the shifting client expectancies. ISO 26000's steering on environmental obligation encourages companies to limit their environmental effect, and plastic waste discount suits squarely within this directive (Petruzzi, 2024). Lowering the environmental footprint with sustainable packaging aligns with Select Harvestss dedication to making "sustainable residing a commonplace," as articulated in its assignment. Furthermore, it facilitates Select Harvests to hold its aggressive side to meet the growing demand for green products and align with global sustainability demands.

Evaluation of the Performance of the Company

In recent years, Select Harvests has made extraordinary progress toward accomplishing its plastic reduction goals. In line with its 2023 sustainability report, Select Harvests has reduced its plastic usage by about 18?cause 2019, is equal to a reduction of approximately 100,000 tones. Moreover, the corporation reports that 66% of its plastic packaging is now reusable, recyclable, or compostable (Select Harvests, 2010). This progress, while commendable, shows that Select Harvests nevertheless has enormous work to do to meet its 2025 goal (Select Harvests, 2024). The business enterprise's approach has included improvements along with refillable packaging, expanded use of post-consumer recycled plastic, and partnerships aimed at improving waste series and recycling infrastructure globally.

Screenshot_759-1730097099.jpg

Figure 2: Market Price of the Different Products
(Source: Select Harvest, 2023)

From an academic point of view, Select Harvests overall performance on plastic waste reduction can be evaluated through the lens of Corporate Social Responsibility (CSR) literature. Consistent with researchers, businesses that proactively cope with environmental problems often see long-term positive effects, along with improved brand reputation, improved customer loyalty, and operational value credit score (Select Harvests, 2020). Select Harvests funding in sustainable packaging aligns with those findings, as its CSR tasks have strengthened its position as a sustainability catalyst. However, some critics argue that despite the significant strides, the companys plastic footprint stays high on account of the sheer volume of merchandise it produces (Select Harvests, 2024). To truly remodel its environmental impact, Select Harvests might also need to further innovate and probably even reconsider its product transport trends to lessen plastic dependency as a whole (Select Harvests, 2021). Select Harvestss awareness of reducing plastic waste represents a key factor of its environmental sustainability efforts, pushed by both consumer demand and its dedication to ISO 26000 principles.

A key area of focus 2: Sustainable Sourcing of raw Materials

Select Harvests AUSTRALIA has identified the sustainable sourcing of raw materials as an essential location in its sustainability strategy. The organisation places specific emphasis on responsibly sourcing materials like palm oil and tea, which might be indispensable to its product services. As a part of its commitment to environmental and social responsibility, Select Harvests targets to make sure that through 2030, all of its agricultural raw materials are sustainably sourced (Select Harvests, 2024a). This goal is embedded inside the agency's broader imagination and prescient of reaching a sustainable supply chain at the same time as minimising its environmental footprint and making sure of ethical sourcing practices. Select Harvestss initiative on this location aligns closely with ISO 26000s steerage on each sincere running practices and environmental sustainability, which emphasises the need for responsible control, minimising environmental damage, and significantly promoting ethical practices all through the supply chain (Kumar et al., 2022).

Description of the Issue

The sourcing of raw materials, especially palm oil, has notable environmental and social implications, making it a focal problem for Select Harvests. Palm oil manufacturing, that is appreciably applied in meals, cosmetics, and cleansing products, has been related to sizeable deforestation, biodiversity loss, and the displacement of indigenous agencies in developing nations inclusive of Indonesia and Malaysia (Hou et al., 2020).

The rationale for being the Focal Area

The sustainability of raw materials is a focal region for Select Harvests because it directly intersects with the organisations worldwide operations and long-term company responsibility. Palm oil and tea are key raw materials utilised in a lot of Select Harvests's products, making the sustainable sourcing of these substances necessary for the organisations commercial enterprise model and its ethical responsibilities (Select Harvests, 2024a). Aligning its sourcing practices with ISO 26000s ideas of ethical working practices and environmental sustainability is essential for keeping Select Harvest's reputation as a sustainability leader. The worldwide consumer shift closer to ethical and green products additionally drives Select Harvestss dedication to this region, as modern-day consumers an increasing number of demand transparency and ethical responsibility in supply chains (Stathers et al., 2020). The organisation recognises that unsustainable sourcing practices can damage its brand reputation and disrupt long-term entry to assets.

Evaluation of the performance of the company

The agency collaborates with identified certification schemes inclusive of the Rainforest Alliance, Fairtrade, and the Roundtable on Sustainable Palm Oil (RSPO). Those partnerships are intended to ensure that raw materials, consisting of palm oil and tea, meet stringent environmental and ethical standards. In keeping with Select Harvests today's sustainability report, by using 2023, over 90% of the organizations palm oil was once sustainably sourced, meeting the RSPOs certification requirements (Select Harvests, 2024d).

Screenshot_760-1730097125.jpg

Figure 3: Production of the Company
(Source: Select Harvest, 2024)

Despite the progress, the agency has faced complaints for not being able to fully trace the origins of a number of its palm oil components, which makes it tough to guarantee that all substances meet the organisation's sustainability requirements. Moreover, academic literature on Corporate Social Responsibility (CSR) indicates that big agencies often face problems in enforcing sustainable practices throughout complicated, multi-tiered supply chains (Select Harvests, 2024e). As researchers like Lim and Phillips (2021) argue, the effectiveness of CSR tasks is predicated not completely on certification but additionally on robust tracking and enforcement mechanisms. Select Harvestss recognition of sustainable sourcing represents a massive step toward addressing the environmental and social challenges posed with the significant and proper help of raw material extraction.

A key area of focus 3: Improvement of Health and Wellbeing

Select Harvests AUSTRALIA has made enhancing public health and well-being a cornerstone of its Corporate Social Responsibility (CSR) method. As one of the globally biggest client goods businesses, Select Harvests has a huge effect on worldwide dietary behavior through its food and beverage merchandise (Select Harvests, 2024). Recognising the growing incidence of non-communicable illnesses which includes weight problems, diabetes, and cardiovascular issues, the company has dedicated itself to reformulating its products to reduce the ranges of sugar, salt, and saturated fats, as well as selling healthier intake behaviour (Select Harvests, 2024c). Select Harvestss initiatives on this area align potentially with ISO26000s emphasis on social responsibility, especially regarding public fitness, customer wellbeing, and the long-term societal impact of company operations.

Description of the Issue

Public health authorities and Non-governmental Organisations (NGOs) have increasingly highlighted the position that multinational companies play in shaping dietary developments, specifically in urbanised and growing regions where processed meal intake is rising. For Select Harvests, the venture lies in balancing its industrial demands with its social responsibility to decrease damage to public health (Select Harvests UK, 2024). This issue immediately connects with ISO26000s awareness of consumer health and protection, which emphasises the need for groups to cope with the unfavourable health influences associated with their products (Select Harvests, 2024).

The rationale for being the primary focal point

Enhancing public health by product reformulation has come to be a focal vicinity for Select Harvests because of the expanded societal demand for more healthy food selections and government guidelines mandating higher nutritional requirements. As a corporation whose merchandise reaches thousands and thousands of purchasers globally, Select Harvests is in a unique role to affect public health results positively (Select Harvests UK, 2024). The companys duty to its consumers extends beyond merely presenting goods and it potentially includes making sure that the goods make contributions to, rather than detract from, health and wellbeing (Cann et al., 2020). Moreover, aligning with public health needs has grown to be a crucial thing of brand value and customer loyalty.

Evaluation of the performance of the company

Select Harvests overall performance in enhancing health and well-being can be evaluated by its development in reformulating its product offerings and the impact these changes have had on public health. The organization's annual sustainability reviews provide information indicating that using the end of the fiscal year of 2023, Select Harvests had successfully reduced the sugar content in many of its leading brands, together with Lipton and Hellmanns, by 20%, setting it on track to meet its 2025 goal (Select Harvests, 2021). Similarly, Select Harvestss efforts to lower salt tiers have led to over seventy per cent of its food portfolio meeting the World Health Business Enterprise's (WHO) salt intake pointers. These achievements reflect Select Harvestss dedication to creating more healthy products at the same time as maintaining customer satisfaction.

Recommendations

One of the key motives Select Harvests AUSTRALIA sticks out as an appropriate partner is its comprehensive sustainability framework, underpinned using long-term aims, together with making sure all plastic packaging is reusable, recyclable, or compostable by 2025 and sourcing 100% of its raw materials sustainably using 2030. These commitments reflect Select Harvestss serious approach to reducing its environmental footprint, while also addressing widespread social demanding situations inside its supply chain (Garlock et al., 2022). Moreover, the business enterprises integration of public health and well-being into its core commercial enterprise method through its food and beverage merchandise positions it as a leader in the consumer goods industry (Select Harvests, 2024d). These elements could enable QUT to align its personal sustainability values and research priorities with a partner that shares a comparable imagination and is prescient.

However, there are emerging troubles that QUT ought to reveal carefully if a partnership with Select Harvests AUSTRALIA is mounted. One essential region is Select Harvests's ambitious target to reduce plastic waste by 2025. Even as the company has made progress, accomplishing these targets within the stated timeline poses large challenges (Select Harvests, 2021). As global attention on plastic pollutants intensifies, failure to meet these goals could damage Select Harvest's popularity and, through extension, negatively affect its partners. QUT need to remain vigilant in tracking Select Harvests' progress on this front, ensuring that the enterprise continues to fulfil its milestones and maintain transparency regarding its environmental impact. This will involve organising ordinary communication channels to acquire updates on Select Harvestss sustainability metrics and movements taken to mitigate dangers related to plastic waste reduction.

Moreover, the sourcing of sustainable raw materials provides any other place of problem. While Select Harvests has made a significant start in walking with certification of the bodies like Rainforest Alliance and Fairtrade, the complexities involved with transitioning the absolutely sustainable substances for the duration of its global supply chains, mainly in areas going through deforestation and human rights abuses, provide ongoing challenges (pick Harvests, 2021). If QUT chooses to partner with Select Harvests, it need to cautiously screen the ones regions to make absolutely sure that the partnership continues its moral and sustainability requirements.

While pick out Harvestss sustainability framework and CSR performance make it a sturdy candidate for partnership with QUT, it's significantly necessary that significant situations are set to protect the integrity of this collaboration (Millington et al., 2022). QUT want to ensure that transparency in Select Harvests's reporting on plastic waste discounts and sustainable sourcing reputation shows the employer's ongoing improvement inside the assembly of its needs. By using the usage of doing so, QUT can maximise the advantages of the partnership while mitigating ability risks associated with growing sustainability-traumatic conditions.

Conclusion

Select Harvests Australias sustainability and Corporate Social Responsibilities (CSR) efforts, mainly in lowering plastic waste, sustainable sourcing of raw materials, and enhancing public health, display the business enterprise's vast alignment with ISO26000 necessities. These projects, incorporated with Select Harvestss long-term environmental and social dreams, make it an appropriate partner for QUT. However, rising challenges, which consist of meeting plastic discount goals and coping with sustainable supply chains, necessitate close monitoring. QUTs partnership with Select Harvests ought to yield large advantages, however, the collaboration have to be conditioned on Select Harvestss persevered development and transparency in achieving its sustainability goals.

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  • Uploaded By : Nivesh
  • Posted on : October 28th, 2024
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