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Dow Chemical

Supervalu

Sears Holdings

International Assets Holding

PepsiCo

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DOW CHEMICALS

Dow C i l runs many projects which are ecofriendly like the Terneuzen project which is
critical to the Terneuzen site and a demonstration of how sustainability goals can be achieved
through collaboration," says Margaret Walker, vice president, engineering solutions and
technology centres at Dow. "Water is an essential component in the running of Dow's plant
and is scarce in the region. We have looked at how things can be done differently and built a
solution on previously nonviable wastewater."

The US chemical giant's Terneuzen site uses 60,000m3/day of water. Half of this is provided
by recycling water streams, process water and rainwater. As part of Dow's 2015 sustainability
goals, the facility is seeking to reduce freshwater intake by 35% compared with 2005.

Many additional benefits have accrued from the project, including a 65% reduction in energy
use by avoiding the need for Evides to desalinate seawater reduced environmental impact
through less frequent chemical cleaning of membranes reduced effluent discharge into the
River Scheldt and affordable production and distribution of demineralized water through the
use of existing regional piping infrastructure and adapting existing membrane equipment.

POLLUTION REDUCTION

The Terneuzen site has been working actively on its water strategy for many years and
successfully reduced the discharge of organic pollutant equivalents into the Scheldt from
950,000 in 1971 to 50,000 20 years later. "We have made huge steps in the past in reducing
organic loads by a factor of 20. This is one of the keys to success. We need to control the
whole of the water chain both internally and externally," says Groot.

"Sustainability goals have engendered a culture of continuous improvement," says Walker.


"Raising the bar is part of the culture at Dow and we are looking for further collaborations to
achieve even more."

Wastewater is recycled by Evides into demineralized water and passed to the Dow Benelux
site, where it is used twice - first to produce steam and, second, as recycled water in the
cooling tower.

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SUPERVALU

0ike any successful company, SuperValu is always focused on delivering the kinds of
business results for which our shareholders hold us accountable . However, a great company
must attain business success, but also demonstrate committed social responsibility . In this,
SUPERVA0U¶s second Corporate Social Responsibility Report, we detail SUPERVA0U¶s
efforts to be effective stewards of the environment, our communities and our industry . With
our nationwide reach, our activities affect thousands of neighborhoods, hundreds of
thousands of associates and millions of consumers . It is our duty to ensure that our impact is
positive .I am proud of the breadth of activities we undertake at , SuperValu . Across our
organization, our associates are passionate about our role as a valued corporate citizen, and
their hard work helps to set our company apart in important ways .
Environmental Sustainability: For a company like ours, the scope of environmental
sustainability impact is broad . From local composting efforts driven by associates to
innovative store design that creates optimally efficient facilities or strict attention to waste
management, , SuperValu has many opportunities to make a difference ± and I believe we do
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Supplier Diversity: We are proud of our role as an advocate for mutual success as we
partner with minority and woman-owned businesses . In fact, we¶ve spent approximately $1
billion with these companies over the past fiscal year . Our Supplier Diversity program has
been recognized as one of the best in the nation .
Consumer Support: As issues around wellness, obesity and disease management become
increasingly visible, we are committed to ensuring that our shoppers have access to the
information they need to best provide healthy meals for their families . Through hands-on
dietician programs and shelf-level guidance, we believe that we are making healthy eating
easily attainable for anyone who comes through our doors .
Food Safety: The past few years have seen an uptick in consumer concerns around food
safety, and it¶s a high-priority issue for us . We¶ve trained more than 2,000 managers on food
safety in the past year . We conduct more than 7,500 third-party store audits annually to
ensure optimal conditions .Additionally, we continue to be active members in the Partnership
for Food Safety and the ³Be Safe´ consumer education program .
Associate Work Life: The success of our company depends on our more than 160,000
associates from coast to coast . We want to be an employer of choice, and we work hard to

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create an environment that provides meaningful access to leadership and an atmosphere that
encourages all associates to perform at their highest level .

Overall, I am very excited about the constant effort across our organization to build a
company that is responsive to our communities and our associates . This is all part of our goal
to be America¶s Neighborhood Grocer, providing millions of people with a dependable,
community-oriented retailer that is concerned about their needs ± both in their kitchens and in
their backyards

SEARS HOLDINGS

As one of the nation¶s largest broadline retailers, Sears Holdings has a presence in thousands
of communities across the country. We recognize that the members of these communities are
our customers, to whom we are privileged to provide quality services, products and solutions
that earn their trust in effort to build lifetime relationships. To show our support, we at Sears
Holdings Corporation (SHC) have focused our community engagement efforts on Supporting
our Heroes and Communities (SHC): Heroes - the individuals who face adversity and display
the courage to overcome challenges, and communities - comprised of the many
neighborhoods served by our thousands of stores. Through volunteerism, monetary donations
and merchandise donations, we hope to further improve the lives of our heroes and continue
to strengthen the communities we serve.

In an effort to promote environmental sustainability and conservation, Sears Holdings


proudly recycles a variety materials used throughout our company. In conjunction with our
vendors, we have implemented multiple programs that recycle cardboard, plastic materials,
paper, tires, fluorescent lamps, and many others. We believe that through such recycling
programs, we have reduced our environmental impact and promoted conservation in our
business practices.

Cardboard and Office Paper

We recycle a substantial amount of both cardboard and office paper. For instance, in 2008,
we recycled over 203,304 tons of cardboard and paper! This yearly recycling achievement is
greater than half the weight of the Empire State Building! The recycled cardboard and paper
is later used by another vendor as a component in new cardboard boxes.

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Our Energy Management team has collaborated to discover new ways to reduce energy
consumption throughout company operations. Some of our innovative solutions include
retrofitting facilities with energy efficient lighting, installing more efficient equipment, and
establishing sustainable energy consumption practices. 0ast year, with these efforts and other
factors, we proudly surpassed our initial energy savings goal of 200 million kWh with actual
energy savings of 438 million kWh! On average, these savings could power nearly 39,000
homes for one year!

Facility Retrofits

Several of our Sears and Kmart facilities have been retrofitted with energy efficient lighting
to reduce energy consumption and promote sustainability. Retrofitting initiatives include:

2‘ Replacement of inefficient halide and T12 fluorescent lights with more efficient T8
and T5 lighting fixtures, the highest efficiency currently available. This ambitious
project has decreased lighting energy consumption by 30-40% while also
increasing light output by 10-15%!

INTERNATIONAL ASSETS HOLDING

With corporate social responsibility growing, the International Assets Holdings Group is
conducting its CSR activities with the aim of realizing the corporate philosophy of
"Trustworthiness & Creativity." In 2007, the Group established the management vision and
the CSR Charter as its priority policies that should be shared by all employees of the Group.
We also participate in the United Nations Global Compact, respecting the spirit of the ten
fundamental principles of the Global Compact in the areas of human rights and the
environment. The International Assets Holding Group will continue promoting its CSR in
cooperation with its various stake holders, pursuing the sustainable development of society.

The International Assets Holding Group is engaged in global business activities based on
relationships with our various stakeholders. To foster bidirectional communication with our
stakeholders, we are collecting information widely and making improvements by methods
that suit the individual stakeholder categories. These activities are helping us to build stronger
relationships of trust with our stakeholders and to continue to be a company that is "Meeting
needs. Exceeding expectations."

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Its charter includes the following principles :

2‘ Sound corporate activities


2‘ Provision of valuable goods and services for society
2‘ Respect for human beings
2‘ Protection of the natural environment
2‘ Responsibility to society as a corporate citizen
2‘ Transparent operating activities
2‘ Responsibility of top management

PEPSICO

Earlier this year, the Pepsi Refresh Project was launched. The Refresh Project harnesses
social media tools to empower communities to support projects that benefit social and
environmental causes. By supporting organizations with cash donations, PepsiCo can be said
to be exhibiting corporate social responsibility, but all with an aim outside its own
operations. The value to communities and projects that benefited from the Refresh Project is
undisputed. Further, the recognition of PepsiCo as a corporate leader in this space is not
questioned. However, the Pepsi Refresh Project is not ³true´ CSR. For all the media
attention gained by its efforts, the Refresh Challenge in no way affects the human rights
issues at the core of PepsiCo¶s actual line of business.

As a user of tens of billions of gallons of water in its food and beverage operations globally,
including in many nations facing water shortages, PepsiCo has recently adopted a water
policy dedicated to fulfilling the human right to water as defined by the United Nations. This
water policy is exactly the outcome that stakeholders should be heralding and seeking to
encourage. This water policy is ³true´ CSR.

The policy has already achieved significant outcomes. In India, PepsiCo¶s manufacturing
team has reduced its water use by more than 45% since 2005, conserving more than three
billion liters and in 2009 achieving a positive water balance±that is, giving back more water
than its facilities consumed. PepsiCo also partners with non-governmental organizations to
help install irrigation systems, improve sanitation programs and recharge dry wells in
developing communities around the world. Since 2005, the PepsiCo Foundation has

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committed more than $15 million to initiatives that provide access to safe water and
sanitation to communities in developing countries.

To be clear, PepsiCo is not beyond reproach. It has run into some problems with human
rights in the past. From 1991 to 1997, Pepsi invested in Burma and incidentally supported the
junta regime. Facing massive opposition, PepsiCo officially divested from Burma on May
31, 1997. The message here, however, is that PepsiCo¶s recognition of the human right to
water, and its commitment to ensuring that it sources water in ways that do not have a
negative effect on local communities and ecosystems, is where the attention and media hype
should be focused.

More than one year after PepsiCo adopted policies in support of the human right to water, the
U.N. General Assembly formally recognized ³the right to safe and clean drinking water and
sanitation as a human right that is essential for the full enjoyment of life and all human
rights.´ PepsiCo was one step ahead of the curve.

The lesson: CSR needs to be refocused. While CSR tools like the Pepsi Refresh Project are
certainly innovative and empowering, they must be paired with actual respect for human
rights in business activities. Only then will the proper balance be reached in promoting a
corporation¶s commitment to social responsibility while ensuring that those affected by its
activities benefit. Only then will ³true´ CSR be achieved.

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