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Codes of Conduct, Csr H&M and Bmw

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CODES OF CONDUCT AND CSR of H&M, BMW Corporate Social Responsibility - has become very important in recent years  today more and more customers, employees, and the general public are demanding information about whether companies are meeting acceptable standards. ! Essential for the success of a company to act in compliance with the law.  economic globalization brought high complexity of legal regulations  increase the risk of laws being broken.  potential damage to reputation  Publicity spreads fast through communication channels. (Internet! Out of control) - by being corporate responsible a company can gain a high competitive advantage: - externally through company’s clean and good reputation - internally through employee engagement •Integration of sustainability throughout the entire value chain  creating an added value for the company, the environment and society

 definition from the European Commission states CSR as a “concept whereby companies integrate social and environmental concerns in their business operations and in their interactions with their Stakeholders on a voluntary basis.”
6 multinational companies, by doing our research we saw that codes of conduct are really similar in all of them

H&M
•“CONSCIOUS” – principles Provide fashion for conscious customers - Offering conscious collections that combine fashion and sustainability Choose and reward responsible partners - Teaming up with NGOs - Promoting better working conditions: training of over 400.00 farmers in Bangladesh on their rights since 2008 Be ethical - Implementation of new global anti-harassment policy - Code of ethics - Protecting data Be climate smart - Reduction of green house gas emissions - Promoting energy efficiency in the supply chain

Reduce, reuse, recycle - Collecting used garment in stores for recycling - Producing consumer plastic bags out of recycled plastic

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