29-12-2012, 12:31 PM
CSR: How GAP Inc. Engaged with its Stakeholders.
1CSR.pptx (Size: 403.47 KB / Downloads: 29)
What were the issues with GAP?
Lesotho:
Contractor dumped toxic materials into local landfills. Caledon River turns Indigo Blue.
Worker exploitation.- Child Labour by IInd Party.
So Sweatshops and child labour- GAP as Arrogant, Profit motive and Bossy.
Economic Importance of Stakeholders
Resolve complex Problems.
Reduce Headline risks.
Boost stakeholder trust.
Enhance Political Clout- Shaping standards.
Improve companies’ public image.
GAP, Its Corporate History
Publicly sharing of Code of Vendor conduct: Environmental, Health and Safety. – Suppliers and subcontractors.
Compliance without Harmonic connection.
El Salvador, 1995.
Lack of Effective monitoring Internal Audits.
[Former NGO, Trade union staffs, former journlists, factory workers and Managers]
Post Strategic Stakeholder Engagement
India Issue:
Child Labour in the tier II supplier.- Poverty.
Quick and Proactive response.
Assessing situation- Brainstorming, feasibilities of solution.
For supplier:
Product barring, cancelling orders
Retained tier I supplier, for competition, stressed on ‘Zero tolerance to child labour and unauthorized subcontracting’ .