Corporate Social Responsibility of Regalwood Global Energy Ltd
Posted by Matthew Harvey on Oct-17-2018
1. CSR at Regalwood Global Energy Ltd
CSR s embedded in the business philosophy of Regalwood Global Energy Ltd. At Regalwood Global Energy Ltd, 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 Regalwood Global Energy Ltd 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. Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd
Regalwood Global Energy Ltd works for CSR through the CSV approach. This is made easier to incorporate in the company systems because of the core values practised at Regalwood Global Energy Ltd. These are:
Respect – for every one
- Trust
- Integrity
- Honesty
- Accountability
1.2. CSR goals at Regalwood Global Energy Ltd
1.2.1. Improving livings standards for communities through increasing employment opportunities
Regalwood Global Energy Ltd believes in working for the people, and working with the people. With the growth of the business across the world, Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd
Regalwood Global Energy Ltd works with communities at large and aims to help them become healthier and happier. Regalwood Global Energy Ltd provides nutritional boosting and support to communities where it runs operations, as well as to other communities living in regions marked below poverty. Additionally, Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd works towards reducing its environmental footprint by ensuring that it allows the legislation regarding carbon production and release. Also, Regalwood Global Energy Ltd works towards designing operational processes that reduce water and land pollution. All products manufactured and distributed by Regalwood Global Energy Ltd come with a disposal method to reduce wastage, and increase recycling.
2. Creating shared value (CSV) at Regalwood Global Energy Ltd
Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd, as well as allowing its expansion regionally as well as in its product portfolio. Through creating shared value, Regalwood Global Energy Ltd 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, Regalwood Global Energy Ltd can create the most value in the following aspects:
2.1.1. Nutrition
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd strives to develop communities where it operates. This includes rural communities and settlements from where Regalwood Global Energy Ltd gets its raw materials and inputs as well as labour. Regalwood Global Energy Ltd created varied employment and livelihood opportunities for these communities to help them raise their living standards and quality of life.
3. Commitments made by Regalwood Global Energy Ltd
Commitments at the Regalwood Global Energy Ltd have helped shape its CSR and CSV approach based on multiple trends from across the globe. These commitments have helped Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd 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. Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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. Regalwood Global Energy Ltd also conducts vocational training programs frequently.
3.2.2. Promoting diversity
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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, Regalwood Global Energy Ltd 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. Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd, 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, Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd and CSR
At Regalwood Global Energy Ltd, SCR is embedded in the company DNA. Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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, Regalwood Global Energy Ltd ensures that no animals are harmed. Regalwood Global Energy Ltd makes sure that all animals are fed high quality fodder, and that they are kept in a clean and safe environment. In addition, Regalwood Global Energy Ltd also provides safe breeding grounds for animals and regularly authorizes veterinary check-ups for all animals in partner farms.
4.1.4. Human rights
Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd 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, Regalwood Global Energy Ltd maintains an emphasis on water, sanitation and hygiene. All plants and manufacturing units operated by Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd is also an active pioneer of natural resource stewardship. Regalwood Global Energy Ltd has devised ways to ensure that natural resources are sustainably used for industrial operations, and are not damaged during business processes. Regalwood Global Energy Ltd shares this knowledge publicly for the overall welfare of the environment and the planet.
4.2.3. Women empowerment
During its manufacturing process, the Regalwood Global Energy Ltd 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, Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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
Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd.
4.3.3. Product Safety
Regalwood Global Energy Ltd 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 Regalwood Global Energy Ltd is closely guided by the sustainable development goals chalked out by the United Nations. Through working on the attainment of the SDGs, Regalwood Global Energy Ltd, and many other companies work together to create a peaceful and harmonious future that has sustainable resources and environment.
Through connecting Regalwood Global Energy Ltd’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
- Regalwood Global Energy Ltd creates opportunities for skill enhancement and vocational training
- Regalwood Global Energy Ltd also provides equal employment opportunities to all labours from the local communities
- Regalwood Global Energy Ltd 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
- Regalwood Global Energy Ltd works towards implementing a model of less food wastage and food loss – in the manufacturing as well as the supply chain process
- Regalwood Global Energy Ltd 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
- Regalwood Global Energy Ltd 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
- Regalwood Global Energy Ltd strives to ensure high water efficiency and water sustainability in all business operations and processes
- Regalwood Global Energy Ltd advocates and also internally implements positive water policies
- Infrastructure developed by Regalwood Global Energy Ltd in different rural communities and settlements ensures authorized sewage networks and lines to avoid dumping in freshwater reserves
5.4. Life on land
- Regalwood Global Energy Ltd works towards establishing the green supply chain
- Regalwood Global Energy Ltd ensures that no Green spaces are destroyed for its business and industrial purposes, and also works towards creating healthy green spaces through numerous plantations
- Regalwood Global Energy Ltd 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
- Regalwood Global Energy Ltd works towards improving the living standards and quality of life of communities it engages with
- For farmers, Regalwood Global Energy Ltd has also improved farm economics
- Regalwood Global Energy Ltd works towards protecting the children in the supply chain processes, as well as creates diverse livelihood opportunities for adults
5.6. Quality education
- Regalwood Global Energy Ltd provides a hands-on learning opportunity for young adults from local communities through internship opportunities
- Regalwood Global Energy Ltd also sponsors various scholarship programs for different grade levels in communities where it is operations
- Regalwood Global Energy Ltd 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
- Regalwood Global Energy Ltd 5C Marketing Analysis
- The vision statement of Regalwood Global Energy Ltd
- Organizational Culture of Regalwood Global Energy Ltd
- Regalwood Global Energy Ltd Generic and Intensive Growth Strategies
- Marketing Mix Regalwood Global Energy Ltd
- Regalwood Global Energy Ltd PESTEL & Environment Analysis
- Regalwood Global Energy Ltd Porter Five Forces Analysis
- Regalwood Global Energy Ltd SWOT Analysis / SWOT Matrix
- Value Chain Analysis Of Regalwood Global Energy Ltd
- Marketing Strategy Of Regalwood Global Energy Ltd
- Regalwood Global Energy Ltd Case Solution
- Ansoff Matrix of Regalwood Global Energy Ltd
- Blue Ocean Strategy of Regalwood Global Energy Ltd
- Hofstede Cultural Model of Regalwood Global Energy Ltd
- Porters Diamond Model of Regalwood Global Energy Ltd
- Mckinsey 7s Framework Of Regalwood Global Energy Ltd
- Resource Based View Of The Firm - Regalwood Global Energy Ltd
- VRIN/VRIO Analysis Of Regalwood Global Energy Ltd
- Net Present Value (NPV) Analysis of Regalwood Global Energy Ltd
- WACC for Regalwood Global Energy Ltd
Christina Ross Johnson
5.0
A+ service
Jen Kathie
5.0
My paper was written quickly. The assistance that I received from these guys is really beyond measure. Thanks a lot!
Ryan Hamish
5.0
I wasn’t sure to accomplish the research myself. I appointed this service and received the explained document. Plenty of thanks!
Kaith Peter
5.0
In my opinion, experts in this service don't know what plagiarism is because the paper never highlighted it.
Martin Wells
5.0
The arrangement of sentence, formation and arguments were perfect in the report. The next tension was about its authenticity. I knew it by the portage of the record about the genuine content from this service. Thanks a lot!
Joseph Zon
5.0
Million thanks! What did I get from this service? Well structured and explained paper.
Next Articles
- 15400-RenaissanceRe-Holdings-Ltd-Corporate-Social-Responsibility
- 15401-Resideo-Technologies-Inc-Corporate-Social-Responsibility
- 15402-Retail-Value-Inc-Corporate-Social-Responsibility
- 15403-REX-American-Resources-Corporation-Corporate-Social-Responsibility
- 15404-Rexford-Industrial-Realty-Inc-Corporate-Social-Responsibility
- 15405-RiverNorth-Marketplace-Lending-Corporation-Corporate-Social-Responsibility
- 15406-RiverNorth-Opportunistic-Municipal-Income-Fund-Inc-Corporate-Social-Responsibility
- 15407-RiverNorth-Opportunities-Fund-Inc-Corporate-Social-Responsibility
- 15408-RiverNorth-DoubleLine-Strategic-Opportunity-Fund-Inc-Corporate-Social-Responsibility
- 15409-RLI-Corp-Corporate-Social-Responsibility
Previous Articles
- 15398-Redwood-Trust-Inc-Corporate-Social-Responsibility
- 15397-Realogy-Holdings-Corp-Corporate-Social-Responsibility
- 15396-Ready-Capital-Corporation-Corporate-Social-Responsibility
- 15395-RE-MAX-Holdings-Inc-Corporate-Social-Responsibility
- 15394-Raymond-James-Financial-Inc-Corporate-Social-Responsibility
- 15393-Ranger-Energy-Services-Inc-Corporate-Social-Responsibility
- 15392-Radian-Group-Inc-Corporate-Social-Responsibility
- 15391-Ra-Medical-Systems-Inc-Corporate-Social-Responsibility
- 15390-Qwest-Corporation-Corporate-Social-Responsibility
- 15389-QVC-Inc-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!