The 2011Corporate Social responsibility report (CSR) of Wal-Mart Canada shows many positives. Reporting on the four categories of CSR—Environment, People, Ethical sourcing and Community, Wal-Mart posits that its policies has benefitted local Canadian businesses, encouraged organic baby food and discouraged child labour. However, the article suggests that these positives can also be drawbacks depending on how you look at it. For instance, is organic food really better than normal food?—such questions need to be clarified to get a true picture of CSR.
- Mention some more actions that firms incorporate to show a sense of corporate social responsibility?
- Would you agree with the author’s controversial statements on the Wal-Mart CSR report? Justify your opinion with examples.
- There is a fine line between what is right and what is not with respect to justification of social and ethical issues. As a corporate leader which path would you follow for your firm?
SOURCE: Chris MacDonals, “Walmart, CSR reporting, and moral grey zones” Canadian Business (Retrievable online at http://www.canadianbusiness.com/blog/business_ethics/55179–walmart-csr-reporting-and-moral-grey-zones)