Corporate Social Responsibility of Comet Ridge Limited
Posted by Matthew Harvey on Oct-17-2018
1. CSR at Comet Ridge Limited
CSR s embedded in the business philosophy of Comet Ridge Limited. At Comet Ridge Limited, 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 Comet Ridge Limited 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. Comet Ridge Limited 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 Comet Ridge Limited
Comet Ridge Limited works for CSR through the CSV approach. This is made easier to incorporate in the company systems because of the core values practised at Comet Ridge Limited. These are:
Respect – for every one
- Trust
- Integrity
- Honesty
- Accountability
1.2. CSR goals at Comet Ridge Limited
1.2.1. Improving livings standards for communities through increasing employment opportunities
Comet Ridge Limited believes in working for the people, and working with the people. With the growth of the business across the world, Comet Ridge Limited 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 Comet Ridge Limited
Comet Ridge Limited works with communities at large and aims to help them become healthier and happier. Comet Ridge Limited provides nutritional boosting and support to communities where it runs operations, as well as to other communities living in regions marked below poverty. Additionally, Comet Ridge Limited 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
Comet Ridge Limited works towards reducing its environmental footprint by ensuring that it allows the legislation regarding carbon production and release. Also, Comet Ridge Limited works towards designing operational processes that reduce water and land pollution. All products manufactured and distributed by Comet Ridge Limited come with a disposal method to reduce wastage, and increase recycling.
2. Creating shared value (CSV) at Comet Ridge Limited
Comet Ridge Limited 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 Comet Ridge Limited, as well as allowing its expansion regionally as well as in its product portfolio. Through creating shared value, Comet Ridge Limited 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, Comet Ridge Limited can create the most value in the following aspects:
2.1.1. Nutrition
Comet Ridge Limited 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
Comet Ridge Limited 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
Comet Ridge Limited 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
Comet Ridge Limited strives to develop communities where it operates. This includes rural communities and settlements from where Comet Ridge Limited gets its raw materials and inputs as well as labour. Comet Ridge Limited created varied employment and livelihood opportunities for these communities to help them raise their living standards and quality of life.
3. Commitments made by Comet Ridge Limited
Commitments at the Comet Ridge Limited have helped shape its CSR and CSV approach based on multiple trends from across the globe. These commitments have helped Comet Ridge Limited 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 Comet Ridge Limited 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 Comet Ridge Limited 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. Comet Ridge Limited 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
Comet Ridge Limited 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
Comet Ridge Limited 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. Comet Ridge Limited also conducts vocational training programs frequently.
3.2.2. Promoting diversity
Comet Ridge Limited 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
Comet Ridge Limited 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, Comet Ridge Limited 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. Comet Ridge Limited 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 Comet Ridge Limited, 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, Comet Ridge Limited 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 Comet Ridge Limited and CSR
At Comet Ridge Limited, SCR is embedded in the company DNA. Comet Ridge Limited 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
Comet Ridge Limited 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
Comet Ridge Limited 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, Comet Ridge Limited ensures that no animals are harmed. Comet Ridge Limited makes sure that all animals are fed high quality fodder, and that they are kept in a clean and safe environment. In addition, Comet Ridge Limited also provides safe breeding grounds for animals and regularly authorizes veterinary check-ups for all animals in partner farms.
4.1.4. Human rights
Comet Ridge Limited 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 Comet Ridge Limited 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, Comet Ridge Limited maintains an emphasis on water, sanitation and hygiene. All plants and manufacturing units operated by Comet Ridge Limited 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
Comet Ridge Limited is also an active pioneer of natural resource stewardship. Comet Ridge Limited has devised ways to ensure that natural resources are sustainably used for industrial operations, and are not damaged during business processes. Comet Ridge Limited shares this knowledge publicly for the overall welfare of the environment and the planet.
4.2.3. Women empowerment
During its manufacturing process, the Comet Ridge Limited 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, Comet Ridge Limited 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
Comet Ridge Limited 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
Comet Ridge Limited 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 Comet Ridge Limited.
4.3.3. Product Safety
Comet Ridge Limited 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 Comet Ridge Limited is closely guided by the sustainable development goals chalked out by the United Nations. Through working on the attainment of the SDGs, Comet Ridge Limited, and many other companies work together to create a peaceful and harmonious future that has sustainable resources and environment.
Through connecting Comet Ridge Limited’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
- Comet Ridge Limited creates opportunities for skill enhancement and vocational training
- Comet Ridge Limited also provides equal employment opportunities to all labours from the local communities
- Comet Ridge Limited 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
- Comet Ridge Limited works towards implementing a model of less food wastage and food loss – in the manufacturing as well as the supply chain process
- Comet Ridge Limited 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
- Comet Ridge Limited 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
- Comet Ridge Limited strives to ensure high water efficiency and water sustainability in all business operations and processes
- Comet Ridge Limited advocates and also internally implements positive water policies
- Infrastructure developed by Comet Ridge Limited in different rural communities and settlements ensures authorized sewage networks and lines to avoid dumping in freshwater reserves
5.4. Life on land
- Comet Ridge Limited works towards establishing the green supply chain
- Comet Ridge Limited ensures that no Green spaces are destroyed for its business and industrial purposes, and also works towards creating healthy green spaces through numerous plantations
- Comet Ridge Limited 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
- Comet Ridge Limited works towards improving the living standards and quality of life of communities it engages with
- For farmers, Comet Ridge Limited has also improved farm economics
- Comet Ridge Limited works towards protecting the children in the supply chain processes, as well as creates diverse livelihood opportunities for adults
5.6. Quality education
- Comet Ridge Limited provides a hands-on learning opportunity for young adults from local communities through internship opportunities
- Comet Ridge Limited also sponsors various scholarship programs for different grade levels in communities where it is operations
- Comet Ridge Limited 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
- Comet Ridge Limited 5C Marketing Analysis
- The vision statement of Comet Ridge Limited
- Organizational Culture of Comet Ridge Limited
- Comet Ridge Limited Generic and Intensive Growth Strategies
- Marketing Mix Comet Ridge Limited
- Comet Ridge Limited PESTEL & Environment Analysis
- Comet Ridge Limited Porter Five Forces Analysis
- Comet Ridge Limited SWOT Analysis / SWOT Matrix
- Value Chain Analysis Of Comet Ridge Limited
- Marketing Strategy Of Comet Ridge Limited
- Comet Ridge Limited Case Solution
- Ansoff Matrix of Comet Ridge Limited
- Blue Ocean Strategy of Comet Ridge Limited
- Hofstede Cultural Model of Comet Ridge Limited
- Porters Diamond Model of Comet Ridge Limited
- Mckinsey 7s Framework Of Comet Ridge Limited
- Resource Based View Of The Firm - Comet Ridge Limited
- VRIN/VRIO Analysis Of Comet Ridge Limited
- Net Present Value (NPV) Analysis of Comet Ridge Limited
- WACC for Comet Ridge Limited
Pierre Hector
5.0
I watched for the good expert with appropriate prices and grateful to Almighty for blessing me with this service. There was even not a word in the paper that needed to be managed. Thanks a lot!
Maman Sukhrob
5.0
This is the service I can trust. I have not got any doubt regarding any feature of this service. Thanks!
Hanis Zafirah
5.0
I used to believe that the only costly websites provide authentic assignments. However, this service is the opposite of my views because it supplies a good project with low-priced charges. If anyone is stuck with any subject, should pick this service once.
Shaun Arthur
5.0
Found a fault in explanation but I didn’t feel any need for revision because I myself cleared t up..
Huiliang Li
5.0
Thanks a lot to the customer support that assigned me a great writer who followed all my instructions. Overall a good paper and super quality paper!
Riyad Eluan
5.0
This service is good in all aspects. I'm impressed with how receptive the writer was and how he/she completed my assignment. Thank you very much!
Next Articles
- 465-Cooper-Energy-Limited-Corporate-Social-Responsibility
- 466-County-International-Limited-Corporate-Social-Responsibility
- 467-Cue-Energy-Resources-Limited-Corporate-Social-Responsibility
- 468-Deep-Yellow-Limited-Corporate-Social-Responsibility
- 469-East-Energy-Resources-Limited-Corporate-Social-Responsibility
- 470-East-West-Energy-Limited-Corporate-Social-Responsibility
- 471-Eclipse-Metals-Limited-Corporate-Social-Responsibility
- 472-Eden-Innovations-Ltd-Corporate-Social-Responsibility
- 473-Ehr-Resources-Limited-Corporate-Social-Responsibility
- 474-Elixir-Petroleum-Limited-Corporate-Social-Responsibility
Previous Articles
- 463-Coalbank-Limited-Corporate-Social-Responsibility
- 462-Coal-Of-Africa-Limited-Corporate-Social-Responsibility
- 461-Citation-Resources-Ltd-Corporate-Social-Responsibility
- 460-Challenger-Energy-Limited-Corporate-Social-Responsibility
- 459-Central-Petroleum-Limited-Corporate-Social-Responsibility
- 458-Cauldron-Energy-Limited-Corporate-Social-Responsibility
- 457-Carnarvon-Petroleum-Limited-Corporate-Social-Responsibility
- 456-Carbon-Minerals-Limited-Corporate-Social-Responsibility
- 455-Carbon-Energy-Limited-Corporate-Social-Responsibility
- 454-Caltex-Australia-Limited-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!