Corporate Social Responsibility of Wyg Plc
Posted by Matthew Harvey on Oct-17-2018
1. CSR at Wyg Plc
CSR s embedded in the business philosophy of Wyg Plc. At Wyg Plc, the business operations and processes are designed in a way that they do not become an obstacle or a burden in the way of people’s and the environment’s wellbeing. At the same time, these processes and designs boost business growth. The systematic design of operations at Wyg Plc enables the management to ensure that the organization achieves sustainable business growth by reducing attached risk factors as well as through community building goals and ambitions. Wyg Plc strives to increase its social impact and influence on the environment and in people’s lives- by focusing on three big goals.
1.1. Values at Wyg Plc
Wyg Plc works for CSR through the CSV approach. This is made easier to incorporate in the company systems because of the core values practised at Wyg Plc. These are:
Respect – for every one
- Trust
- Integrity
- Honesty
- Accountability
1.2. CSR goals at Wyg Plc
1.2.1. Improving livings standards for communities through increasing employment opportunities
Wyg Plc believes in working for the people, and working with the people. With the growth of the business across the world, Wyg Plc ensures that it creates new employment and livelihood opportunities for millions across the globe. This is done through direct employment and contracts, as well as through inclusive business opportunities.
1.2.2. Enhancing the health and wellbeing of communities engaging with Wyg Plc
Wyg Plc works with communities at large and aims to help them become healthier and happier. Wyg Plc provides nutritional boosting and support to communities where it runs operations, as well as to other communities living in regions marked below poverty. Additionally, Wyg Plc also produces and distributes health and hygiene products to enhance the wellbeing of its customers along with the various communities it has engaged with.
1.2.3. Reducing environmental footprint
Wyg Plc works towards reducing its environmental footprint by ensuring that it allows the legislation regarding carbon production and release. Also, Wyg Plc works towards designing operational processes that reduce water and land pollution. All products manufactured and distributed by Wyg Plc come with a disposal method to reduce wastage, and increase recycling.
2. Creating shared value (CSV) at Wyg Plc
Wyg Plc works hard to create value for not only the shareholders but for the society at large. This approach of creating shared value has enabled impressive business growth for Wyg Plc, as well as allowing its expansion regionally as well as in its product portfolio. Through creating shared value, Wyg Plc brings value to the lives of communities where it operates by influencing those aspects of the society which intersect and coincide with the business offerings and business operations.
2.1. How to maximize value creation?
Through the CSV approach, Wyg Plc can create the most value in the following aspects:
2.1.1. Nutrition
Wyg Plc focuses on investing in the health of communities by focusing on nutrition and medication, as well as on sanitation and hygiene. The primary focus remains on ensuring health safety for children and infants.
2.1.2. Water
Wyg Plc works hard with third parties and external as well as internal support systems to ensure that its operations do not cause water damage. In addition, it administers all its internal sewage plants to dispose of waste optimally without risking water life.
2.1.3. Air cleansing
Wyg Plc maintains carbon units as per legislation in all its operations across the globe. The company also takes responsibility for ensuring that all its industrial sites and operations are placed away from residential areas to reduce maximum exposure of plant operations to the public.
2.1.4. Rural development
Wyg Plc strives to develop communities where it operates. This includes rural communities and settlements from where Wyg Plc gets its raw materials and inputs as well as labour. Wyg Plc created varied employment and livelihood opportunities for these communities to help them raise their living standards and quality of life.
3. Commitments made by Wyg Plc
Commitments at the Wyg Plc have helped shape its CSR and CSV approach based on multiple trends from across the globe. These commitments have helped Wyg Plc maintain focus in giving back to the community as well as in developing a more sustainable environment and workplace. Commitments are the long term goals that Wyg Plc wants to fulfil and achieve in the following different aspects:
3.1. For individuals and families
3.1.1. Living healthier lives
For families and communities, the CSV approach of Wyg Plc focuses on helping individuals attain a balance between healthy nutrition and physical exercise as a means of a healthier lifestyle and healthy living. With today’s work style and busy schedules, this is quite a challenge. Wyg Plc works intending to develop programs and products to help communities manage time well and stay motivated towards increasing their wellbeing.
3.1.2. Having nutritional knowledge
Wyg Plc works with the long term aspiration of enhancing the lifestyles of communities. The company plans to do it by sharing information regarding nutritional facts, and by raising awareness of nutritional intake. The company does this by not only making the nutritional value available for its own manufactured products but also develops programs and information sharing networks to help individuals learn about healthy eating and make informed dietary decisions.
3.2. For communities
3.2.1. Rural development
Wyg Plc works towards developing rural communities-especially where it is operational and present. The company engages not only in employment creation but also infrastructure development and education deployment programs to help communities improve their living standards. Wyg Plc also conducts vocational training programs frequently.
3.2.2. Promoting diversity
Wyg Plc also works towards inclusion through its diversity programs. The company has designed programs and policies to ensure the inclusion of all community groups in the employment cycle. In addition, the company also conducts training and skill enhancement sessions for all community groups –including disabled and special persons
3.3. For the planet
3.3.1. Protecting water
Wyg Plc understands the need for protecting water resources across the globe and is also an active fighter for water preservation. With the high scarcity of clean drinking water, Wyg Plc works and strives to provide communities with clean drinking water through having installed filter plants
3.3.2. Protecting natural resources
With increased urbanization, natural landscapes of forests and grasslands have quickly turned into urban centres. Wyg Plc ensures that all its operational sites are designed in a way that they do not harm or risk the natural ecosystem. In addition, the company works towards protecting the environment by building green spaces.
3.3.3. Safeguarding the environment
The operations of Wyg Plc, like other players in the industry, are being affected by the climatic changes, and the weather alterations. To fight this change, and to safeguard the environment, Wyg Plc works towards creating safe green spaces through high rate plantations. This is to ensure environmental sustainability and enrichment of the ecosystem.
4. Value chain at Wyg Plc and CSR
At Wyg Plc, SCR is embedded in the company DNA. Wyg Plc ensures that the CSV approach is integrated into all operations and systems at the company, including THE VALUE CHAIN.
4.1. Supply chain
4.1.1. Rural development
Wyg Plc allies with farmers and other partners to obtain the high quality raw material. In doing so, the company ensures that it invests in the wellbeing in the development of its partners and related communities through educational opportunities as well as various training programs and infrastructure development.
4.1.2. Responsible sourcing
Wyg Plc participates in responsible sourcing. All its partners throughout the supply chain and for raw materials have been tested against set ethical backgrounds to ensure that all raw sources and materials are obtained from partners doing sustainable business.
4.1.3. Animal welfare
In all its sourcing, Wyg Plc ensures that no animals are harmed. Wyg Plc makes sure that all animals are fed high quality fodder, and that they are kept in a clean and safe environment. In addition, Wyg Plc also provides safe breeding grounds for animals and regularly authorizes veterinary check-ups for all animals in partner farms.
4.1.4. Human rights
Wyg Plc is also particularly careful to ensure that all human rights are upheld in its business operations. This includes no child labour, and inclusive diversity, amongst other things. Also, the business operations of Wyg Plc also include high dependence on local workers for labor and management – making sure all local and global human rights are followed thoroughly.
4.2. Manufacturing
4.2.1. Water, sanitation and hygiene
During the manufacturing process and value additions, Wyg Plc maintains an emphasis on water, sanitation and hygiene. All plants and manufacturing units operated by Wyg Plc have an authorized sanitation system in place which ensures minimal water wastage. Besides, all industrial waste is disposed of off through authorized channels only – ensuring that no natural water body and water source is harmed or polluted.
4.2.2. Natural resource stewardship
Wyg Plc is also an active pioneer of natural resource stewardship. Wyg Plc has devised ways to ensure that natural resources are sustainably used for industrial operations, and are not damaged during business processes. Wyg Plc shares this knowledge publicly for the overall welfare of the environment and the planet.
4.2.3. Women empowerment
During its manufacturing process, the Wyg Plc also ensures to employ women labour in various managerial and operational level jobs. These women are usually from local communities and are trained for new skill development and enhancement. In doing so, Wyg Plc ensures that women are equipped with the confidence and decision making abilities s that they advance not only in their professional but also in their personal and social lives.
4.3. Retail and consumers
4.3.1. Responsible marketing and influence
Wyg Plc makes sure to use ethical means of marketing its products. This means not only does it disseminate rightful information and data regarding the company, but also makes sure that it does not use unethical appeals in its marketing communication.
4.3.2. Marketing to children
Wyg Plc is also careful in its marketing to children so that it is not exploitative. Rather, marketing to children is done through influencing adults towards the products offered by Wyg Plc.
4.3.3. Product Safety
Wyg Plc ensures product safety in consumption at all times. This is done not only through mentioning nutritional value and facts but also through a clear statement of manufacturing dates and batches. This is to make sure that consumers are aware of the product quality and life cycle. Also, the company mentions clear ways and processes of disposing of the products to ensure that the environment is sustained and not harmed.
5. Working towards achieving sustainable goals
The CSR and CSV approach at Wyg Plc is closely guided by the sustainable development goals chalked out by the United Nations. Through working on the attainment of the SDGs, Wyg Plc, and many other companies work together to create a peaceful and harmonious future that has sustainable resources and environment.
Through connecting Wyg Plc’s goals and commitments with the SDGs, the company has created avenues of channelling a positive impact on society through its operations and business as a whole.
5.1. No poverty
- Wyg Plc creates opportunities for skill enhancement and vocational training
- Wyg Plc also provides equal employment opportunities to all labours from the local communities
- Wyg Plc promotes and supports small business ventures through inclusive business support and funding – especially for women who are micro-entrepreneurs in the community
5.2. Zero hunger
- Wyg Plc works towards implementing a model of less food wastage and food loss – in the manufacturing as well as the supply chain process
- Wyg Plc provides subsidized products in communities that are living below the poverty line, as well as in communities where it is operational and has industrial units and sites
- Wyg Plc has developed recycling plants in local communities to ensure that there is no food wasted during consumption, and it is recycled into other products needed for a sustainable environment
5.3. Clean water and sanitation
- Wyg Plc strives to ensure high water efficiency and water sustainability in all business operations and processes
- Wyg Plc advocates and also internally implements positive water policies
- Infrastructure developed by Wyg Plc in different rural communities and settlements ensures authorized sewage networks and lines to avoid dumping in freshwater reserves
5.4. Life on land
- Wyg Plc works towards establishing the green supply chain
- Wyg Plc ensures that no Green spaces are destroyed for its business and industrial purposes, and also works towards creating healthy green spaces through numerous plantations
- Wyg Plc places a high emphasis on maintaining regular health check-ups for all community members – free of cost, and also focuses on animal welfare for farmers
5.5. Good health and well being
- Wyg Plc works towards improving the living standards and quality of life of communities it engages with
- For farmers, Wyg Plc has also improved farm economics
- Wyg Plc works towards protecting the children in the supply chain processes, as well as creates diverse livelihood opportunities for adults
5.6. Quality education
- Wyg Plc provides a hands-on learning opportunity for young adults from local communities through internship opportunities
- Wyg Plc also sponsors various scholarship programs for different grade levels in communities where it is operations
- Wyg Plc has inaugurated primary schools in three different regions where it has operations – in rural settlements – as a step towards achieving quality education for all.
Warning! This article is only an example and cannot be used for research or reference purposes. If you need help with something similar, please submit your details here.
Related Articles
- Wyg Plc 5C Marketing Analysis
- The vision statement of Wyg Plc
- Organizational Culture of Wyg Plc
- Wyg Plc Generic and Intensive Growth Strategies
- Marketing Mix Wyg Plc
- Wyg Plc PESTEL & Environment Analysis
- Wyg Plc Porter Five Forces Analysis
- Wyg Plc SWOT Analysis / SWOT Matrix
- Value Chain Analysis Of Wyg Plc
- Marketing Strategy Of Wyg Plc
- Wyg Plc Case Solution
- Ansoff Matrix of Wyg Plc
- Blue Ocean Strategy of Wyg Plc
- Hofstede Cultural Model of Wyg Plc
- Porters Diamond Model of Wyg Plc
- Mckinsey 7s Framework Of Wyg Plc
- Resource Based View Of The Firm - Wyg Plc
- VRIN/VRIO Analysis Of Wyg Plc
- Net Present Value (NPV) Analysis of Wyg Plc
- WACC for Wyg Plc
Isabel Jayden
5.0
I just love this service. I have been using this service for a year now and delighted with projects that it supplies me. Thanks!
Zoe Jacob
5.0
I’ve been taking assistance from this writing service for two years and haven’t been disappointed. Always an awesome experience!
Ricardo Medina
5.0
All the answers that I received were right. The writer is an expert guy who can manage any task easily.
Adam Albert
5.0
I don’t mostly use writing services but due to the crazy assignment of Economics, I had to order this service. Thank you for supplying me with a magnificent paper with affordable fees.
Dalia Kathem
5.0
The expert was very creative in the term of critical points in the assignment. Best of luck dear!
Chao Xun
5.0
Wow! The fast turnaround and no issue in the data. The citation was also accurate and faultless. I have no point of issue regarding the paper with this service. Yeah, it will be helpful if this service gives me more discounts.
Next Articles
- 10278-Xaar-Plc-Corporate-Social-Responsibility
- 10279-Xeros-Technology-Group-Plc-Corporate-Social-Responsibility
- 10280-Xp-Power-Limited-Corporate-Social-Responsibility
- 10281-Zhejiang-Expressway-Co-Corporate-Social-Responsibility
- 10282-Zytronic-Plc-Corporate-Social-Responsibility
- 10284-Active-Energy-Group-Plc-Corporate-Social-Responsibility
- 10285-Ades-International-Holding-Ltd-Corporate-Social-Responsibility
- 10286-Afc-Energy-Plc-Corporate-Social-Responsibility
- 10287-Amec-Foster-Wheeler-Plc-Corporate-Social-Responsibility
- 10288-Amerisur-Resources-Plc-Corporate-Social-Responsibility
Previous Articles
- 10276-Worldpay-Group-Plc-Corporate-Social-Responsibility
- 10275-World-Careers-Network-Plc-Corporate-Social-Responsibility
- 10274-Work-Service-S-A-Corporate-Social-Responsibility
- 10273-Work-Group-Plc-Corporate-Social-Responsibility
- 10272-Wolseley-Plc-Corporate-Social-Responsibility
- 10271-Windar-Photonics-Plc-Corporate-Social-Responsibility
- 10270-Wincanton-Plc-Corporate-Social-Responsibility
- 10269-Wey-Education-Plc-Corporate-Social-Responsibility
- 10268-Westminster-Group-Plc-Corporate-Social-Responsibility
- 10267-Weir-Group-Plc-Corporate-Social-Responsibility
Be a Great Writer or Hire a Greater One!
Academic writing has no room for errors and mistakes. If you have BIG dreams to score BIG, think out of the box and hire Essay48 with BIG enough reputation.
Our Guarantees
Interesting Fact
Most recent surveys suggest that around 76 % students try professional academic writing services at least once in their lifetime!