Oliver Vander Cruyssemaandag 30 november 2009
Is Apple green enough?
Oliver Vander CruysseJoin sweating in the sneaker sweatshop
You want to know in what conditions your sneekers are made? Play Sim Sweatshop.
Sim Sweatshop is an educative game that informs you about working conditions in the sneeker industry.
To save on production costs, large 'respected' clothing companies outsource the manufacturing of their products to low-wage countries in so called sweatshops. In those factories, who are spread all over the world, people have to work in bad working conditions, don't have any syndical representation, are forced to make long workweeks and are underpaid.
Sim sweatshop tries to let people understand how much sweat and tears has preceded when nice sneekers are sold in our stores.
Jord Willo
Service bundling
The problem is that in many cases these promises seem to be untrue. Customers suddenly get a very high bill they didn't expect and afterwards it's very hard to cancel a service they don't want anymore.
Now the big question is if service bundles are really making live easier and cheaper for the consumers or is it just a new way for these companies to make their profits even bigger and try to monopolise the market?

Oliver Vander Cruysse
The corporate social responsibility(CSR) of Kellogg's
The company has a wide range of CSR practises such as community investment, ethics and compliance and the environment. In 2005 it even got the Donor of the Year Award for its frequent donations to food banks. Kellogg's also invests in the futures of minorities and women through scholarschips and financial contributions.
To realize all of this the company has several programs, such as Kellogg's Care$ and the Kellogg Corporate Citizenship Fund. The growing importance of ethics clearly didn't go unnoticed by this leading nutrition company.

Oliver Vander Cruysse
Ethical investing and weapons

Government Pension Fund-Global (GPFG), the largest of Norway's sovereign wealth funds, blacklisted Textron.
Textron produces cluster weapons, wich are banned due to the Convention of Cluster Munitions. The convention was signed Dec. 3 by more than 100 countries (including Norway), but not the United States, China or Russia.
Kristin Halvorsen, Norway's finance minister, said that the announcement to divest 36 million USD in Textron shares by the GPFG's adminstrative board, was based on a report and an exclusion recommendation from the fund's Ethics Council.
"We cannot participate in the funding of this type of production." Halvorsen said. The Norway government simply cannot afford to soil her image by investing in clusterweapons and to not comply The Convention of Cluster Munitions they've signed.
Jord Willo
Controlling CEO Pay won't be easy

Since the start of the crisis the CEO wage has always been a subject of discussion.
President Obama’s suggested a $500,000 cap for the salaries of executives at companies receiving government support, this is a good start, but there is still a lot of work to really control these outrageous wages.
“You Try to Live on 500k in This Town” was the daring headline of The New York Times Style section after Obama proclaimed The 500k ceiling. For average working people 500.000 USD might seem a lot of money, but for CEO's who have an average of 2 to 3 million USD a year, this 500k proposal can be a disaster.
To justify this proposal there has to be a drastic change is the corporate culture of today. A generation ago, the average CEO of a big company earned 15 to 20 times the salary of the average worker; in recent years, this salary has grown to 300 to 400 times the average worker’s compensation.
These remunerations are a part of our business culture, and it'll take a long time to change this mentality.
Jord Willo
zondag 29 november 2009
What are the social responsibilities of business?

Social responsibility has become a crucial part of business. The society requires of the (big) companies that they make contributions to charities, treat everyone they do business with well… In general, companies need to make socially responsible decisions all while earning profit.
Card game teaches ethics

The department Integrity Consulting of KPMG has developed a game just for companies, called ‘Open Card’. The goal of the game is to test the morale of the employees. They need to learn how to balance making profits and acquiring a positive company-image.
‘A modern business can’t survive just by focussing on profit maximization. It’s important that you also satisfy your employees, your suppliers… and not just your shareholders, he sais.
woensdag 25 november 2009
Profit and corporate social responsibility

The main goal of a company is to make money. It’s very important that a business remains profitable, not only for the economy but also for its employees, customers,… We all know that a company has a responsibility to their stakeholders to grow and profit, but at the other hand, it also has a certain social responsibility towards the community.
-Act ethically: be honest when it comes to financial reporting and use faire marketing practices.
-Try to reduce your damage on the environment.
-Take part in outsourcing, but that doesn’t contain child labour, sweat shops,…
Sander Piens