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Identify a retail brand that you believe is socially or ethically responsible.
TOMS is a brand that ethically responsible.
How do you believe the company conducts business in a socially responsible way? Support your answer by discussing specific examples.
TOMS created shoes to help the less fortunate in other countries that didn’t have shoes. For ever shoe purchased TOMS gave a pair a shoes to a child that needed shoes, this was called the One for One. They have given over 70 countries over 60 million pairs of shoes. They also started a company’s that assisted people the gift of sight by creating TOMS eyewear, where this helps with getting the less fortunate prescription glasses, sight saving surgeries, and medical treatment for the eyes. They even created TOMS Roasting Co. that helps with providing clean water.
Has the company ever been involved in any incidents in which they were accused of not conducting business in an ethical or socially responsible manner? If so, briefly discuss the legal issues related to the incident(s).Has the company ever been involved in any incidents in which they were accused of not conducting business in an ethical or socially responsible manner? If so, briefly discuss the legal issues related to the incident(s).
There has been criticism regarding it they are giving away a pair of shoes or if the customers who are purchasing TOMS are just buying two pair of shoes. There have also been people who are unhappy that their local merchants selling shoes can’t complete with TOMS giving away shoes thus causing a thus of jobs.
Do you feel the company is “green” for profit or “green” for the environment?
I do think TOMS thrives to be a “green” company for their environment. They make shoes out of sustainable and vegan materials such as natural hemp, organic cotton, and/or recycled polyester and these materials are used on the upper, liner and/or the insole cover (instead of our standard suede insole). All of our shoe boxes are made from 80% recycled post-consumer waste and are printed with soy ink.
Work Cited
Chapter 10 Leading an Ethical Organization: Corporate Governance, Corporate Ethics, and Social Responsibility. (n.d.). Retrieved from https://saylordotorg.github.io/text_mastering-strategic-management/s14-leading-an-ethical-organizatio.html
Kara776, P. B. (2018, October 23). Are Toms An Ethical Shoe Choice? Retrieved from https://msuriseblog.wordpress.com/2018/10/23/are-toms-an-ethical-shoe-choice/
Toms. (n.d.). TOMS Corporate Responsibility: TOMS®. Retrieved from https://www.toms.com/corporate-responsibility/
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