Corporate Social Responsibility Report - 3028 Words

CORPORATE SOCIAL RESPONSIBILITY REPORT Although corporate social responsibility has no universal definition, it is understood to be the way firms integrate social, environmental and economic concerns into their values, culture, decision making, strategy and operations in a transparent and accountable manner and thereby establish better practices within the firm, create wealth and improve society. (Industry Canada, 2011) This report will represent the critical analysis of the current Corporate Social Responsibility practices of Air Canada followed by recommendations for improvement. Air Canada is Canada’s largest full-service airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U.S.†¦show more content†¦Although it appears as if Air Canada is selflessly attempting to make the game of hockey a safer sport, one may question if they are capable of making the rules of a professional sport which has nothing to do with their core business. Many companies, in an attempt to save face in the public’s eye, have exercised their power to make decisions regarding matters that they have no knowledge or expertise in. I believe Air Canada has an underlying motive of attempting to increase profitability by appearing to society as an organization that does not tolerate or condone actions that are frowned upon by society. Furthermore, Air Canada’s headquarters are in Montreal which is the same location of the aforementioned incident and may represent a conflict of interest. Another pressing concern in the news headlines recently has been the unfair labour practice complaint filed by Air Canada against the Canadian Union of Public Employees (CUPE) over the collective bargaining negotiationsShow MoreRelatedCorporate Social Responsibility And Ethics Report Essay2174 Words   |  9 PagesDaniel Schwartz Corporate Social Responsibility and Ethics Report Introduction Raymond James is a financial service holding company with subsidiaries specializing in investment banking, financial planning, investments, and asset management. The company was founded in 1962, has been public since 1983, and was founded in St. Petersburg, Florida. In June 2016, Raymond James joined the Fortune 500 list for the first time. 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