Cigna Corporation is a global health service company dedicated to helping people improve their health, well-being and sense of security. Cigna Corporation is in over 30 countries and jurisdictions and has over 89 million members throughout the world. (CSR Profile of Cigna Corporation, 2015). This essay we will review Cigna Corporation social responsibility, to see if they contribute to society through good business practices, by providing good work environment, good citizenship and solving social issues. We will incorporate terms such as sustainability, strategic philanthropy, cause marketing, shared value, stakeholders, and global perspective. We will see if Cigna Corporation really following the corporation social responsibility of the …show more content…
(Cigna Connect Corporate Responsibility Report, 2014) Cigna Foundation has been carrying out corporate philanthropy for over 50 years. This is only a part of their social corporate responsibility and their goal. Cigna corporate philanthropy goal is to bring Cigna’s mission and brand promise to individual and communities around the globe. (CSR Profile of Cigna Corporation, 2015). The foundation has been able to accomplish their goals by focusing on charities and nonprofit organization that has enhanced the health of individuals and their families. , which has health to bring well being to the community. This foundation has shown us that their responsibility has gone beyond economic and legal obligation; they have show the community that they can volunteer in the community; give donations to nonprofits, and just sharing their given talent to help others. Cigna foundation cause marketing is a part of the philanthropy that contributes to the purchase of products. The purchase of the product will help to raise funds for the nonprofits or the charity as well as the awareness of the organization. When the social responsibility and profit combine we have a shared value. In 2013 Cigna came up with a campaign for Cigna and society. The goal was to include, reduce waste, by shredding paper, and recycle ink and toner cartridges as well as cans and plastic. The
Currently the company is involved in two social programs. The first is Boobies Make Me Smile, which “partners with organizations committed to the fight against young adult cancer” (Company Information: Boobies Make Me Smile, 2016). The second is the Spirit of Children, which tries to “make hospital stays less scary for kids and their families.” (The Heart of Spirit Halloween: Spirit of Children, 2016). However the Corporate Social Responsibility
Discuss the four components of corporate social responsibility and how they relate to a charitable campaign such as (Product) RED. How does participation in a cause-marketing event contribute to a company's social responsibility? What role does sustainability play?
Businesses, specifically larger corporations, play a major role in what occurs in society therefore, they are responsible to their stakeholders not only to pursue economic goals but the greater social good as well. Corporate social responsibility (CSR) means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment. (Lawrence, 2010). Social responsibility is becoming the norm so much so that some businesses have incorporated it into their business model. There are three components of the bottom line of social
The promoted charitable attitude and encouragement are a highly admirable feature within the company and exhibits the genuine nature of caring for people. The support to disaster relief affected areas, youth involvement, and contributions to the less fortunate living in shelters or decreasing the feeding the hungry, or food drives bring a healthier tomorrow within our country. Community investment will yield high profit margins and/ or positive opportunity costs results are being demonstrated consistently by UnitedHealthcare by their actions, financial, and awards they have earned.
CVS, a national pharmacy chain, works not only in but also with the community. The company focuses on the betterment of society. Its extensive Corporate Social Responsibility strategy, entitled Prescription for a Better World, places CVS at the center at a variety of mainstream issues. The three focal points of its CSR plan are the environment, the economic opportunities for citizens, and the health of the community (Novick O’Keefe 2014). CVS has a whole department focused on CSR, called CVS Caremark, which houses the CVS Caremark Charitable Trust. Their many projects include the end of Tobacco distribution, the betterment of school and local health care, sustainability, and charitable events.
A lot of businesses find that a very efficient way to keep their customers is by acting in a socially responsible way.. A company can be socially responsible in a variety of ways such as using resources that won’t hurt the environment or the consumers, and giving a portion of their proceeds to a foundation. An example of a socially responsible company is Burt’s Bees. Burt’s Bees has gone above and beyond to promote socially responsibility not only by providing natural products and assuring customers that no harm was done to the animals involved but by sponsoring and donating to foundations that have the same want for world-wide well being.
When a stakeholder visits JPMorgan’s website market or nonmarket, they will find a section dedicated to corporate social responsibility. Most companies provide easy access to this information along with an annual report on their initiatives that year and how they plan to maintain and even further their social responsibility in the next years. In the CSR section companies typically provide us with a short opening statement about their mission in social responsibility at JPMorgan it is the following “At JPMorgan Chase & Co., corporate responsibility always has been central to how we do business, starting with operating with integrity in all we do and extending to all the ways we help our clients and communities navigate a complex global economy. We strive to develop innovative programs that leverage the core strengths, capabilities and expertise of our business and our people – and those of our partners – to maximize our impact. JPMorgan Chase is profoundly optimistic about how much can be accomplished when people come together to do extraordinary things.” From that statement alone one would be led to believe that they are a
CORPORATE SOCIAL RESPONSIBILITY (CSR) is a term describing a company’s obligation to be accountable to all of its stakeholder in all its operation and activities. Socially responsible companies consider the full scope of their impact on communities and the environment when making decisions, balancing the needs of stakeholder with their need to make profit.
I am going to investigate the topic of alcohol consumption of students under 21 while in college. College environments, which include the faculty, students, and the surrounding communities, can be seen as too lenient when it comes to underage drinking. I believe that college attitudes do blur the line that marks the age of when people can drink, and are lenient when it comes to young students drinking. I am going to find out what colleges do about the problem of underage drinking, and how this affects the students. Some people might say colleges don’t do much about underage drinking because it is easier to ignore the problem than it is to fix it. Others might argue that colleges don’t need to do anything about students under 21 drinking because
or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.
Johnson & Johnson (J&J) is a multinational company founded in the the United states in 1886. The company’s create most of their revenue by selling medical devices, pharmaceutical products and consumer packaged goods. Johnson & Johnson’s value in the stock market is listed among the top pharmaceutical companies. The company owns varieties of different extensions to supply the demand of human health product. The company has dedicated their time to help people live longer healthier lives with their research development teams. Even though no all the actions authorized on the C-suite have kept the company apart from decreasing profits. Johnson & Johnson had ups and downs on the past, some mistakes had cause several threats to individuals. But the company has work hard to balance their corporate social responsibility. Johnson & Johnson executives are aware of the ethical issue the company faces daily so by taking severe and more smart decision they plan to boost the company 's profits. Consumers acquire confidence and feel more comfortable when social responsibility forms part of the future plans of the company. Important part of Johnson and Johnson strategic plan to keep being profitable in their upcoming quarters.
Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue
World War II World War II was a pivotal event of the 20th century and a defining
A man on death row is being put to rest even after evidence has proving that he did not commit the crime he was sentenced for. The death penalty is unconstitutional; the due process clause of the Fifth and Four Tenth Amendments says that no person shall be deprived of life without due process law. “One argument states that the death penalty does not deter murder. Dismissing capital punishment on that basis requires us to eliminate all prisons as well because they do not seem to be any more effective in the deterrence of crime (Lowe). Capital Punishment has its positive view points and its negative view points.
Corporate Social Responsibility (CSR) is the intention of the companies to do the right things and act in certain ways that are good for the company, society and environment. CSR was accelerated in 1970 (Archie B, 2006) and took into account since there was a concern between the increased population and scarce resources. It was established in order to ensure that the global development is sustainable. There are three fundamental aspects of sustainability, economic progress, communities’ relationships and environmental protection. This essay will report the managerial skills, leadership style and management practises in leading and managing an organisation to promote better and greener environment. Considerable research has been undertaken on Toyota Motors Corporation.