Sunday, September 25, 2011

Which Companies in the Industry stand out in regards to their view and actions in CSR?

One of the first companies that stood out when researching about corporate social responsibiltiy is Bayer. They have been awarded and recognized by the Dow Jones Sustainability Index (DJSI) multiple times over the past years. The DJSI consists of a list of the top-performing companies in sustainability in all industries. Bayer has received honors in both sustainability and social commitment several times. 

'Novartis' was another of the companies included in the DJSI. It has also won multiple awards for different aspects of the business, including: '2011 South - South Award for Global Health and Technology' and 'MedadNews 2010, Most admired Pharmaceutical Company'. (more can be seen in the list in the link below) 

However, after researching various sites, I found that the pharmaceutical company 'Roche' has been announced as the most sustainable healthcare company globally by the DJSI. This ranking portrays the commitment of Roche to its stakeholders and the environment.The CEO of Roche announced, "Over the past year we have made progress on our diversity and energy goals as well as introduced new programmes to increase access to our products in developing countries."

http://www.emarsys.net/custloads/125736536/md_397352.pdf
http://www.bayer.com/en/awards.aspx
http://www.novartis.com/careers/rankings-awards/index.shtml
http://worldpharmanews.com/roche/1790-roche-named-dow-jones-sustainability-index-leader-in-healthcare-for-third-consecutive-year

3 comments:

  1. Car companies have also put efforts into social responsibility such as GE and Toyota with their efforts to promote the use of hybrid cars.

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  2. It is good to know that these big companies are really putting forth an effort to be socially responsible. If we can find out the specific reasons for why they got these award I think it would help us.

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  3. This is some useful stuff! It's also important to note when talking about intellectual property that many countries don't have proper copyright laws in place and because of this, many drugs are being ripped-off by cheaper copycats, making it seem as if the money put into research and development was for nothing if another company is just going to copy it.

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