Hershey Csr Essay

2457 words - 10 pages

Contents2EXECUTIVE SUMMARY 31.0 CSR IN GENERAL 32.0 THE HERSHEY COMPANY (HERSHEY) 33.0 DEFINITION OF CSR 44.0 THE HERSHEY COMPANY'S CSR EFFORTS 44.1 MARKETPLACE 54.2 ENVIRONMENT 64.3 WORKPLACE 74.4 COMMUNITY 95.0 BENEFITS OF CSR ACTIVITIES TO THE HERSHEY COMPANY 10REFERENCE LIST EXECUTIVE SUMMARYThe main topic that the author highlighted is on Corporate Social Responsibility (CSR). In order to understand thoroughly on CSR including its definition, role and benefit, the author emphasises on the CSR activities carried out by The Hershey Company (commonly known as Hershey). Hershey which is a global organization that produces, markets and sells chocolate and confectionery products involves itself in CSR since year 2009 and focused in four areas.The author has chosen Hershey for this research because Hershey held the 7th spot in 2010 CSR Index report. Besides, Hershey Mexico also won Socially Responsible Company award and Environment Protection and Natural Resources of Mexico award.CSR IN GENERALIn this era of globalisation, more and more companies are engaging themselves in CSR activities. "There is emerging evidence that effectively implemented, CSR can have significant impact in motivating, developing and retaining staff" (Industry Canada, 2011). Most of the CSR companies will make a research on benefits of CSR before engaging in the activity. CSR activities can bring uncountable benefits to the company if the activities are successful but if they are not, companies may end up losing in many aspects.THE HERSHEY COMPANY (HERSHEY)The Hershey Company, Hershey (2011) is an international company that produces chocolate and sugar confectionery and has approximately 13,000 workforces. Hershey which is the largest manufacturer of quality chocolate in North America, markets its products in 70 countries.DEFINITION OF CSRLin-Hi has once cited from Sethi (1975, pp.58-64) that "the phrase corporate social responsibility has been used in so many different contexts that it has lost all meaning". However, CSR can actually be defined as a company's duty to contribute to the well-being of a community (Dlabay, Burrow and Kleindl, 2010), sustainable economic development (World Business Council for Sustainable Development, 1999; White, 2006) and natural environment (White, 2006) to produce an overall positive impact on society (Baker, 2004).THE HERSHEY COMPANY'S CSR EFFORTS The Hershey Company (Hershey 2009) has believed in CSR for more than a century as it is very important to not only the company itself but also to the community and environment. Now, Hershey has engaged itself in CSR as part of their global business strategy and focus in four areas- marketplace, environment, workplace and community.4.1 MARKETPLACEIn marketplace, Hershey's (2009) major aim is to establish ethical business and join fair dealing of reliable source, achieve understanding with the client and also promise to the clients. Establishing the Hershey centre for Health and Nutrition (HCHN) is...

Find Another Essay On Hershey CSR

Psychological Egoism Theory Essay

2240 words - 9 pages The theory of psychological egoism is indeed plausible. The meaning of plausible in the context of this paper refers to the validity or the conceivability of the theory in question, to explain the nature and motivation of human behavior (Hinman, 2007). Human actions are motivated by the satisfaction obtained after completing a task that they are involved in. For example, Mother Teresa was satisfied by her benevolent actions and

How Celtic Folkore has Influenced My Family

1587 words - 6 pages Every family has a unique background that influences the way they live and interact with other people. My parents, who emigrated from Ireland to the States with my three brothers in 1989, brought over their own Celtic folklore and traditions that have helped shaped the way our family operates and lives. One aspect of folklore that has helped shape my family dynamic is the Celtic cross—both its background and what role it has played in our lives

Julia Margaret Cameron

1406 words - 6 pages At a time when women were looked upon as being homemakers, wives, mothers and such the late 1850's presented a change in pace for one woman in specific. Photography was discovered in 1826 and soon after the phenomenon of photography was being experimented with and in turn brought new and different ways of photo taking not only as documenting real time, but also conceptualizing a scene in which an image would be taken. Julia Margaret Cameron will

Evaluation of School Improvement

1403 words - 6 pages The evaluation process should be progressive to incorporate overall planning, implement changes, which contribute to success. In order to focus on school climate and norms, the evaluation design must include the students, instructions, and outcomes to improve communication and building-level concerns to be address in this response. School Climate and Social Norms The school principal, other staff leaders, and personnel set the tone and the

Case Study: The Benefits of Animal Testing

1757 words - 7 pages Nine year old Amy has already had a rough start in life. She was born with an abnormal heart that hinders her everyday activities. Amy is unable to keep up with kids her own age because she often tires out easily. As a consequence, she has very little friends and is often alone. Amy is forced to take different medications everyday just to survive. Amy’s life consists of medicine, doctors, and constant hospital visits. However, Amy is due for a

Myth and Magic: Realism in "One Hundred Years of Solitude"

1531 words - 6 pages “He enjoyed his grandmother's unique way of telling stories. No matter how fantastic or improbable her statements, she always delivered them as if they were the irrefutable truth” (Wikipedia, 2011). Experiences are particular instances of one personally encountering or undergoing something and in these moments of time life changes for the best or the worst and memories are formed. These recollections such as riding your first bicycle, going to

Adiponectin: a Novel Indicator of Malnutrition and Inflammation in Hemodialysis Patients

2384 words - 10 pages Objective Protein-Energy malnutrition (PEM) and inflammation are common and overlapping conditions in hemodialysis patients which are associated with increased risk of morbidity and mortality. Adiponectin is an adipocytokine which is exclusively produced by adipose tissue. Few studies in hemodialysis patients have demonstrated that serum levels of adiponectin were significantly higher in malnourished patients compared to well-nourished ones. The

The Congo Free State: A Legacy of Apathy, Exploitation and Brutality

2298 words - 9 pages Between 1885 and 1908, Belgium’s Leopold II ruled Congo, a region in central Africa, as his personal colony, exploiting the resources and inhabitants for his own gain. Leopold allowed and encouraged Europeans and other Westerners to enter Congo and set up companies whose primary purpose was to gather rubber, which was abundant but difficult to get to in the Congo, using the Congolese as the laborers for the Europeans. Rubber gathering in Congo

Selective Exposition in The Lottery, by Shirley Jackson

1073 words - 4 pages Usually when someone hears the word “lottery” the first thing that comes to mind is a large sum of cash that people compete against highly impractical odds to win. Shirley Jackson’s story The Lottery might imply a similar conception based on the title alone, but the story is filled with unknowns never revealing exactly when and where the story takes place, or why the lottery exists; even what the lottery is isn’t revealed until the very end. Yet


1857 words - 7 pages INTRODUCTION I remember when I was a young child; I would always be scared whenever there was a severe storm outside that included thunder and lightning. This was especially true in the hours of darkness, when you could really see the lightning. As I grew older this so-called fear of lightning turned into a fascination for this weather phenomena. One of my most vivid memories of lightning as a young man was when I was flying to Florida, the

Maryland's Ecology and Environment

1130 words - 5 pages Maryland is the 42nd largest state, making it one of the smaller states in America. It is located in the South Atlantic region on the United States eastern seaboard. Prince George's is one of twenty four counties in Maryland. It is also the geographic center of the state. Maryland has a varied climate. The state is home to a variety of different ecosystems. This is also true of Maryland’s environment, which has the Atlantic Ocean on

Similar Essays

When The Bubble Burst Essay

1539 words - 6 pages By the time I arrived state side from my second tour in the Middle East the housing bubble had already burst. I noticed a drastic change in the way that many of my friends and family were living. Several of my friends that worked in real estate had sold their boats and seconds houses. My own stock portfolio had lost a third of its value. My sister and her husband had defaulted on their home mortgage leaving them scrambling for a place to live. I

Phase Diagram Essay

4456 words - 18 pages Introduction: Chemical equilibrium is a crucial topic in Chemistry. To represent and model equilibrium, the thermodynamic concept of Free energy is usually used. For a multi-component system the Gibbs free energy is a function of Pressure, Temperature and quantity (mass, moles) of each component. If one of these parameters is changed, a state change to a more energetically favorable state will occur. This state has the lowest free energy

Revolutionary Work Of Art Essay

1890 words - 8 pages Walter Benjamin emphasizes in his essay, “The Work of Art in the Age of its Technological Reproducibility” that technology used to make an artwork has changed the way it was received, and its “aura”. Aura represents the originality and authenticity of a work of art that has not been reproduced. The Sistine Chapel in the Vatican is an example of a work that has been and truly a beacon of art. It has brought a benefit and enlightenment to the art

Enlightenment Thought In New Zealand Schools

1594 words - 6 pages In this essay I will be looking at how the political and intellectual ideas of the enlightenment have shaped New Zealand Education. I will also be discussing the perennial tension of local control versus central control of education, and how this has been affected by the political and intellectual ideas of the enlightenment. The enlightenment was an intellectual movement, which beginnings of were marked by the Glorious Revolution in Britain