Scribd Logo
Upload

Welcome to Scribd!

  • 96 views

    CSR and Ethics Assignment

    Uploaded by

    Bhargav Prasad
    Apple actively engages in corporate social responsibility initiatives. It contributes 2% of annual profits to CSR projects focused on education, the environment, and social issues. Apple works to reduce its environmental impact through initiatives like increasing renewable energy use, recycling programs, and a focus on water conservation. It has received recognition for leadership in sustainability from organizations like Greenpeace. Marcus faces an ethical dilemma as the cost accountant for a manufacturing company, as his friend asks him to alter cost figures, but he knows he has an obligation to provide accurate information to the company.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    CSR and Ethics Assignment

    Uploaded by

    Bhargav Prasad
    96 views4 pages
    Apple actively engages in corporate social responsibility initiatives. It contributes 2% of annual profits to CSR projects focused on education, the environment, and social issues. Apple works to reduce its environmental impact through initiatives like increasing renewable energy use, recycling programs, and a focus on water conservation. It has received recognition for leadership in sustainability from organizations like Greenpeace. Marcus faces an ethical dilemma as the cost accountant for a manufacturing company, as his friend asks him to alter cost figures, but he knows he has an obligation to provide accurate information to the company.

    Original Description:

    CSR AND ETHICS.

    Original Title

    Csr and Ethics Assignment

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Apple actively engages in corporate social responsibility initiatives. It contributes 2% of annual profits to CSR projects focused on education, the environment, and social issues. Apple works to reduce its environmental impact through initiatives like increasing renewable energy use, recycling programs, and a focus on water conservation. It has received recognition for leadership in sustainability from organizations like Greenpeace. Marcus faces an ethical dilemma as the cost accountant for a manufacturing company, as his friend asks him to alter cost figures, but he knows he has an obligation to provide accurate information to the company.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    96 views4 pages

    CSR and Ethics Assignment

    Uploaded by

    Bhargav Prasad
    Apple actively engages in corporate social responsibility initiatives. It contributes 2% of annual profits to CSR projects focused on education, the environment, and social issues. Apple works to reduce its environmental impact through initiatives like increasing renewable energy use, recycling programs, and a focus on water conservation. It has received recognition for leadership in sustainability from organizations like Greenpeace. Marcus faces an ethical dilemma as the cost accountant for a manufacturing company, as his friend asks him to alter cost figures, but he knows he has an obligation to provide accurate information to the company.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Name: Bhargav prasad pobbathi

    Banner ID: 03664433

    Cohort B

    Part-A : Corporate social responsibility

    A) Corporate social responsibility is a small percentage of amounts which is taken from


    the company’s profit and contributed to the advancement and improvement of
    mankind and one of the most important business ethics to be followed by an
    organization to build its goodwill.

    B) Apple is one of the companies where it is sustained in CSR activities. It is an


    American multinational company which deals with computer software, online
    services, also designs and sells electronic devices, its headquarter is located in
    California and Steve jobs is the CEO of the company. On 19 March 2015 Apple
    joined the Dow Jones industrial. On a specific CSR activities and projects, Apple
    spends 2 percentage of its net profit of the company which is made during past three
    financial years. Apple actively involves and performance few of the CSR activities
    like education and empowering workers, labour and human rights, health and safety,
    environment energy consumption and water consumption. In addition to this Apple
    has planned to plant more than 9000 drought tolerant trees. Apple raised more than
    USD 3 million for hurricane Harvey relief fund in august 2017 and donated 1 million
    to south California wildfire recovery efforts. This company have a separate CSR team
    which goes for a field research every year and finds out what problem the society is
    facing and prepare a CSR report. Apple has a unique concept called stakeholders
    theory, the central focus is giving attention to every stakeholder in the entire
    company. Apple Company states that they actively participate and they are members
    of the EICC. EICC includes customers, NGO’S, government representatives,
    government organizations, industry associations, colleges, work groups and few more.
    In 2015 apple conducted a recycling program and collected around 90 million pounds
    of e-waste and it is also working with more than 160 recycling companies around the
    world. In 2015 the company donated streetlights which works from solar energy to
    few rural places and also trained women’s on how to recycle paper and reduce waste.
    One of the inspiring aspects of Apple in CSR activities is “environment energy
    consumption and water consumption”. More than 50% of CSR activates which are
    conducted by Apple are related to environment energy and water consumption. Apple
    is often appreciated for its impeccable record for the decrease of total power
    consumption by 57%. Greenpeace’s Clicking has awarded apple as the only company
    with a clean energy of 100%. In 2015 apple conducted a rural solar electrification
    program, where they trained rural women as solar engineers and installed and
    maintained solar electronic devices in rural communities. In 2013 Company launched
    a clean water program in the intention of purifying and reuse of water which can be
    recycled 36 times and around 8 billion gallons of water has been saved. And company
    converted 120,000 sqft of land into drought tolerance landscape which saved water up
    to 6 million gallons per year. In 2014 Apple conducted pilot version of clean water
    program.

    Citations

    1) https://www.slideshare.net/CodelaxyLtd/corporate-social-responsibility-of-apple
    2) https://research-methodology.net/apple-corporate-social-responsibility-csr/
    3) https://www.greenpeace.org/archive-international/en/campaigns/climate-change/cool-
    it/Campaign-analysis/Guide-to-Greener-Electronics/
    4) https://www.slideshare.net/Al-aminSardar/apple-csr
    5) https://www.apple.com/in/legal/policies/Apple_India_2015_CSR.pdf

    Part-B: Ethics case study

    A) Who are the stake holders in this situation?

    There are three stakeholders in this situation one is the management of HI-power mower
    company and the second stake holder is Marcus Lim the cost accountant of the company and
    the last stake holder is Ray Pon who is the production manager for 18 horsepower super cut
    model.

    B) What, if any, are the ethical considerations in this situation?

    In this case Marcus Lim should be ethical to the company as he is the cost accountant of the
    company and he should not be unethical as Ray Pon asked him to help in fixing his problem.
    According to (competence) IMA standards Marcus Lim should provide the correct figures
    which he has computed. According to (confidentiality) IMA standards Marcus Lim’s staff
    should have been not disclosed about the new product costs to Ray Pon until the information
    reaches the management. It is unethical to beg Marcus to change the figures in activity based
    costing to make Ray Pon’s super cut model profitable. The ethical way for Ray Pon is to keep
    a word to the management as soon as possible about the problem he is facing so that the
    management can find any alternative solution for his problem and he will be in his safer side.

    C) What are Marcus’s ethical obligations to the company? To his friend?

    Marcus ethical obligations to the company:

    In this situation Marcus has to give first priority to the company by doing his work
    perfectly and not to his friend by helping him to safeguard his job as the company
    would have trusted Marcus in this case as he is the cost accountant and it is ethical to
    keep all the information private until the final report is submitted to the management
    and it is unethical to alter the figures just to safe guard his friends job. He has to think
    about the status of the company. If he does a rite job by being honest and trustworthy
    the company may make good profits and Marcus may get promoted.

    Marcus ethical obligations to his friend:

    Marcus should first tell Ray Pon about the mistake he has done by getting to know the
    information from his department. And he should not accept to alter the figures. He
    should rather tell Ray Pon not to interfere in Marcus work. Marcus has to do justices
    to the company by not helping his friend in this situation. He has to advice his friend
    and get him to the rite track rather than violating the ethical rules. Marcus has to make
    him relalise about doing justice for his work and the company he is getting paid from.
    He has to tell him not to be upset or worried for this and start working better in further
    and to make pre precautions plans before. So that he will not face this kind of
    problems in further and there will be no need of thinking unethical or violating the
    ethical rules.

    Citations

    https://www.imanet.org/-/media/b6fbeeb74d964e6c9fe654c48456e61f.ashx

    You might also like