ACCT20071: CSR Impact on Local Communities - Woolworths

This presentation analyzes the Corporate Social Responsibility (CSR) activities of Woolworths and Wesfarmers, two major Australian companies, examining their impact on stakeholders including consumers, employees, and local communities. The presentation begins by defining CSR and outlining Woolworths' initiatives, such as environmental protection through distribution and food-saving strategies, and gender equality programs. It then details Wesfarmers' CSR efforts, including food waste reduction, eco-friendly packaging, and community support. A comparative analysis highlights the strengths and weaknesses of each company's approach, particularly in areas like gender equality. The presentation concludes by evaluating the positive and negative impacts of these CSR activities on various stakeholders, such as the impact of saving food and climate change risk evaluation on society, local communities and employees. This comprehensive analysis offers valuable insights into the practical application and implications of CSR in the business world.

Transcript
Slide 1
In first slide of power point, the definition of Corporate Social Responsibility has been given. It
states the self-regulation model that helps to retain active socially. Woolworths has been taken as
the organization to understand the impact of CSR on stakeholders. Woolworths is a supermarket
chain in Australia. It is located in Australia and grasps the 80% of market share. It offers the
household product, healthy product, DVDs, magazines and beauty products. Wesfarmers is a
main competitor of Woolworths.
Slide 2
The 2nd slide of presentation states the CSR activities of the company. The company analyzes the
climate changing risk and after that it implements the strategies to protect the environment.
Distribution strategy of the company helps to protect the environment by reducing the
environmental challenges.
The other CSR activity of the company is to save the food. It is observed that the company saves
food. Saving food helps the consumers to use it in the coming future.
Gender Equality is also encourage by the company by appointing the 50% of female employees
in Board of Director.
It also encourages diversity in the organization to maintain the peace in society.
Slide 3

It has been seen that Wesfarmers implement the CSR activities such as it mainly focuses on
wastage of food so that it can use in the coming future. It also changes the packaging that
protects the environment.
It sets the high standard of culture that helps to operate smoothly and also promote the peace in
society with all dignities, humanities, accountability, integrity, and respect from others.
It also donates the cash or funds to Rural Aid’s Buy a Bale Campaign and farmers.
It hires female employees with the percentage of 33 to 35 which is not equal.
Slide 4
In the 4th slide of the presentation, the comparison has been done of both the companies
according to their CSR activities. By comparing both the companies, it is observed that
Wesfarmers implements CSR activities more appropriately except gender equality. Woolworths
implements the gender equality policy in a proper manner and gives equal rights to all
employees.
Slide 5
In the last slide of presentation, the positive and negative impact of CSR activities has been
evaluated on stakeholders such as customers, local communities and employees. The CSR
activities of saving food have a positive impact on society and negative impact on society. The
responsibility of the company towards employees also has a positive impact on employees and
society. Risk evaluation strategy while changing the climate has a positive impact on local
communities, society, employees and the others.