• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Dow chemicals Business Report. I am writing this report on behalf of Dow chemicals to improve compliance with the two identified global compact principles out of the 10 principles

Extracts from this document...


2012 Name of Student Institute Name [BUSINESS REPORT] SUBMISSION TO LOCAL NETWORK Table of Contents Our Pledge 3 Positives and Negatives 4 Recommendation 5 Benefits and challenges for key stakeholders 5 Implications for key stakeholders 6 Reference 7 Our Pledge I am writing this report on behalf of Dow chemical's to improve compliance with the two identified global compact principles out of the 10 principles (principle 6 - "the elimination of discrimination in respect of employment and occupation", Principle 8 -"Businesses should undertake initiatives to promote greater environmental responsibility"). The company's mission is to constantly improve that what is essential to human progress by mastering science & technology. In order to achieve its mission and 10 principles of UN global Compact Dow Chemical's has adopted various practices and approaches. This report gives and insight of the lessons learnt from the business practices followed and the approaches adopted giving recommendation to improve those compliances. It also discusses the benefits, challenges and implications for the company's key stake holders. Positives In the year 2010, Dow had sponsored the Dow Live Earth Run for Water which is one of the largest global water initiatives in order to raise people awareness and solve the water crisis. ...read more.


where a leak of methyl isocyanate (MIC) on 3rd December 3 at a pesticide plant owned by Union Carbide India took the lives of thousands of people residing there. These had an impact on the image of the company and from there on the company took various measures to improve on the safety fronts. It has learnt many lessons from this. Recommendation On the recommendation part we would like o suggest that the company should do more research on the affected people who claims that they have been affected by the chemicals of their units. Moreover by providing proper treatments to the poor people in the affected areas may further improve the image of the company. It can open up hospitals in those areas, medical aid should be provided, adequate knowledge on the diseases and its types. Dow Chemical should stop its plant which produces chemicals hazardous towards the society. It should emphasis more on the health safety measures for its employees. Timely checkups, awareness at sites among the employees, various safety measures etc. although the company is trying to bring down its casualty at site to Zero% . ...read more.


As everyone is treated equally in the company, more pressures are faced with them than before. Employees should compete with each other to get a promotion. 2. The shareholders may put more money on R&D and operating phase. Both hiring skilful employees and adopting advanced agricultural technology will consume a good deal of money. What's more, it takes a large sum of money to build up a new transparency system and a new monitoring department. All these aspects need company to invest money. 3. Communities will take steps to accept the new concept for Do products. It is always difficulty for community members to accept DOW CHEMICALS products because they think these products violet the balance of the biology and their regional belief. Implications for key stakeholders The implications for key stakeholders would benefit both our company and the stakeholders themselves as both parties could receive profits from the recommendations. Our company needs to build up a friendly relationship with these stakeholders to run smoothly, at the same time, the stakeholders can get better products and a more comfortable planet. Thanks for your time and we hope to receive a later response of the local network members to this report about the recommendation we have made. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    even make the chocolate in the UK and then sell in other countries possibly even the countries where the raw material was sourced from. A multinational company owns at least 50% of shares in at least one other business abroad and the overseas business that is part or fully owned is then called a subsidiary.

  2. I have identified four contrasting businesses they are as follows: KFC John Lewis ...

    > Local community - The local community will be happy with the work produced, happy to hear if progress is being made and would be happy donate. > The board of trustees - They have the ultimate responsibility in law for the charity.

  1. Btec National Business Level 3 Year 1 - Exploring Business Activity

    Microsoft might outsource work including the photocopying of materials, the word processing of documents, the maintenance of databases, etc and can also outsource work including the setting up and maintaining of websites. * Delivery: The business can outsource work which includes the delivery of company goods, or packaging and storing products.

  2. This is a detailed business report on Sainbsurys.

    for Sainsburys and how they benefit from the type of ownership they are under. There is a distinctive difference between the following types of ownership: * Sole Traders * Partnerships * Franchise * Co-operatives * Private limited companies * Public limited companies Sole Trader(1 owner): A Sole Trader is where a single person owns a business.

  1. Applied Business Studies Unit 1: Investigating Business

    in all operations and product development Meet, and where appropriate, exceed the requirements of legislative, regulatory and contractual obligations Continue to be at the leading edge of innovation in order to improve the performance of our processes and products to increase efficiency and minimize impact on the environment To minimize

  2. For my portfolio, I was asked to do an assignment on two businesses. I ...

    Competition Tesco has many competitors such as Sainsburys, Safeway, and many supermarkets have made Tesco to improve quality in both product and services and to reduce cost in items to keep their customers. Vectone Gnanam Telecommunication has many competitors such as Telecommunications cards such as world call voice Telecom, Sigiri, and selvam and Telecommunication business like BT, Argos.

  1. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    Tesco aren?t the only supermarket chain in the market as they have four other competitive markets. As they are the market leader, Tesco?s need?s to think carefully about the competition they have before making a decision on setting their prices.

  2. Comparison of stakeholders interest and influence. Apple vs. Mercedes Benz

    The business environment directly influences the strategic plan as it provides standards of responsibility for the employees and the resources. The business type of Mercedes Benz effects the strategic plan because it allows them to understand how high goals can be set and if they can manage it under that type of ownership e.g.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work