IKEA's CSR and Sustainability: An External Stakeholder Analysis
VerifiedAdded on 2023/04/04
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This report provides an external analysis of IKEA's Corporate Social Responsibility (CSR) and sustainability initiatives, utilizing Carroll's CSR Pyramid model to evaluate IKEA's economic, legal, ethical, and philanthropic responsibilities. It identifies key stakeholders and assesses IKEA's efforts in areas such as donations to organizations like UNICEF and Save the Children, the reduction of environmentally unfriendly substances, and the implementation of sustainable practices. The analysis also raises issues like the limited scope of CSR donations and incomplete elimination of harmful substances, suggesting improvements such as expanding donation support and enhancing tree planting initiatives. The report concludes that IKEA's strong financial performance is partly attributable to its CSR practices, contributing to its position as a leading global company. Desklib offers a variety of study tools and solved assignments for students.
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