Sunday, January 30, 2011

Post #2 by Josh Schwartz

Corporate Social Responsibility

1. Which companies in the industry stand out in regards to their view and actions in CSR?

In the search for rankings of automotive companies in regards to the CSR, there is little to no consistency in the rankings. Some rankings have companies such as Volkswagon and Toyota at the top while some have them near the bottom. No one ranking is completely correct, as it has been said that no rankings are extremely credible. However, despite not being able to find consistent rankings, Toyota has been rated highly by most rankings because of their green technology.
Web Source

2. What are some interesting missions statements or values statements of some of the companies in your industry? What does this represent about them

Toyota has a full page dedicated to a mission statement. However, there is no single paragraph that sums up their mission. They have multiple links to separate pages such as one devoted to the environment and one devoted to their philanthropy. Their main focus seems to be on green technology though (Web Source)

Other companies such as Lexus and BMW are focused on being environmentally friendly too, but are more focused on customer service and the quality of their luxury cars.

2 comments:

  1. I agree that there are differences in the CSR rankings for cars' companies. I think because the values change during the time. For example, 10 years ago, automotive companies focused on safety in their cars. But now because of the global warming, they are focusing on environmental concerns. For sure these companies work on safety too, but just to see the difference.

    Also, why do you think that we included Toyota in most of our posts all the time? maybe because it is an example for everything! Not sure.

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  2. What I tried to do was go through the company's website and see what incentives they had and the things that they were doing that could be counted in some of the sections of CSR. I agree I could not find too many mission statements on company's websites.

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