Responsible Business Essay examples
Report on Corporate Responsibility
‘Fashion Retailing in Europe’
Laura Wallace: 1083579942
Module Leader/ Tutor: Mark Winter
15th May 2015
Word Count: 3,296
1.0 What is Corporate Responsibility?
2.0 Key Issues of Corporate Responsibility
2.1 Issues Relating to Outsourcing
Page 4 and 5
2.2 Child Labour
Page 5 and 6
2.3 The Use of Animal Fur and Environmental Issues
Page 6 and 7
3.0 Best Practice Within the Sector
3.1 Primark, Compensation and Utilitarianism
Page 7 and 8
3.2 H&M, Child Labour and Deontology
3.3 M&S and Virtue Theory
Page 8 and 9
4.1 Responsibility Auditing …show more content…
Selfridge, Burton, Wallis, Evans). These companies have a massive turnover each year and according to Ormrod (2014) the sector as a whole, is expected to exceed the expenditure peak of 296.2bn Euros by 2017 after the economic troubles in Europe.
Looking at this industry as a whole, there are multiple issues of corporate responsibility surrounding it. The key issues that will be addressed in relation to stakeholders in this report include the supply chain relative to workers in Asian countries due to fast fashion; the use of fur in clothing; the environmental impact of the operations in this sector and of course, child labour. Looking at supply chains within companies that sell fashion retail products in Europe, it is apparent that there are major issues surrounding the ethical and environmental responsibility of certain companies.