Thursday, February 19, 2015

Ch. 3 Ethics & CSR (Corporate Social Responsibility)


Michael Kors(handbags) has committed to a culture of honesty, integrity and accountability which outlines the basic principles and policies that every employee is expected to follow.

Michael Kors has shown support to various causes and charities including: The American Foundation of AIDS Research, the Golden Hat Foundation and the New York Restoration Project just to name a few. In 2014, Michael Kors partners with Watch Hunger Stop in serving 5 million meals to children through it's United Nations' World Food Programme. He also serves on the Board of the Council of Fashion Designers of America.

However, the organization that he does the most work with is GOD's Love We Deliver. He has been supporting this company and their objective addressing the global hunger crisis for more than 20 years. In 2012 Michael Kors allowed their employees to volunteer for the New York based non-profit organization during business hours. To show their appreciation GOD's Love We Deliver named July the "Michael Kors month" Michael Kors also donated $5 million dollars to help build and expand their facilities. In connection with the company Michael Kors also has an award ("The Michael Kors Award for Outstanding Community Service") that is given to a nominated individual each year at the GOD's Love We Deliver annual ceremony. He was quoted to have said "I am continually dismayed by the scope and magnitude of the global hunger crisis, but it is not an issue just facing third-world countries. We see it right here in this country and in New York City on a daily basis". I like the fact that the cause they are affiliated with is such a tangible problem. You can literally help by delivering meals or serving in a soup kitchen. You see where your time and energy goes versus just donating money and not really knowing if it's going to where it's supposed to go or not. In addition, his long-term partnership with GLWD(GOD's Love We Deliver) shows he is passionate and committed to helping. What company you know would allow their employees to volunteer during business hours?? That says a lot in my book.

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