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Corporate Social Responsibility of Ciba Specialty Chemicals Unlocking Significant Shareholder Value
Posted by Matthew Harvey on Oct-17-2018
1. CSR at Ciba Specialty Chemicals Unlocking Significant Shareholder Value
CSR s embedded in the business philosophy of Ciba Specialty Chemicals Unlocking Significant Shareholder Value. At Ciba Specialty Chemicals Unlocking Significant Shareholder Value, 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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. Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value
Ciba Specialty Chemicals Unlocking Significant Shareholder Value works for CSR through the CSV approach. This is made easier to incorporate in the company systems because of the core values practised at Ciba Specialty Chemicals Unlocking Significant Shareholder Value. These are:
Respect – for every one
- Trust
- Integrity
- Honesty
- Accountability
1.2. CSR goals at Ciba Specialty Chemicals Unlocking Significant Shareholder Value
1.2.1. Improving livings standards for communities through increasing employment opportunities
Ciba Specialty Chemicals Unlocking Significant Shareholder Value believes in working for the people, and working with the people. With the growth of the business across the world, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value
Ciba Specialty Chemicals Unlocking Significant Shareholder Value works with communities at large and aims to help them become healthier and happier. Ciba Specialty Chemicals Unlocking Significant Shareholder Value provides nutritional boosting and support to communities where it runs operations, as well as to other communities living in regions marked below poverty. Additionally, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards reducing its environmental footprint by ensuring that it allows the legislation regarding carbon production and release. Also, Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards designing operational processes that reduce water and land pollution. All products manufactured and distributed by Ciba Specialty Chemicals Unlocking Significant Shareholder Value come with a disposal method to reduce wastage, and increase recycling.
2. Creating shared value (CSV) at Ciba Specialty Chemicals Unlocking Significant Shareholder Value
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value, as well as allowing its expansion regionally as well as in its product portfolio. Through creating shared value, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value can create the most value in the following aspects:
2.1.1. Nutrition
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value strives to develop communities where it operates. This includes rural communities and settlements from where Ciba Specialty Chemicals Unlocking Significant Shareholder Value gets its raw materials and inputs as well as labour. Ciba Specialty Chemicals Unlocking Significant Shareholder Value created varied employment and livelihood opportunities for these communities to help them raise their living standards and quality of life.
3. Commitments made by Ciba Specialty Chemicals Unlocking Significant Shareholder Value
Commitments at the Ciba Specialty Chemicals Unlocking Significant Shareholder Value have helped shape its CSR and CSV approach based on multiple trends from across the globe. These commitments have helped Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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. Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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. Ciba Specialty Chemicals Unlocking Significant Shareholder Value also conducts vocational training programs frequently.
3.2.2. Promoting diversity
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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. Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value, 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value and CSR
At Ciba Specialty Chemicals Unlocking Significant Shareholder Value, SCR is embedded in the company DNA. Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value ensures that no animals are harmed. Ciba Specialty Chemicals Unlocking Significant Shareholder Value makes sure that all animals are fed high quality fodder, and that they are kept in a clean and safe environment. In addition, Ciba Specialty Chemicals Unlocking Significant Shareholder Value also provides safe breeding grounds for animals and regularly authorizes veterinary check-ups for all animals in partner farms.
4.1.4. Human rights
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value maintains an emphasis on water, sanitation and hygiene. All plants and manufacturing units operated by Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value is also an active pioneer of natural resource stewardship. Ciba Specialty Chemicals Unlocking Significant Shareholder Value has devised ways to ensure that natural resources are sustainably used for industrial operations, and are not damaged during business processes. Ciba Specialty Chemicals Unlocking Significant Shareholder Value shares this knowledge publicly for the overall welfare of the environment and the planet.
4.2.3. Women empowerment
During its manufacturing process, the Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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, Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value.
4.3.3. Product Safety
Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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 Ciba Specialty Chemicals Unlocking Significant Shareholder Value is closely guided by the sustainable development goals chalked out by the United Nations. Through working on the attainment of the SDGs, Ciba Specialty Chemicals Unlocking Significant Shareholder Value, and many other companies work together to create a peaceful and harmonious future that has sustainable resources and environment.
Through connecting Ciba Specialty Chemicals Unlocking Significant Shareholder Value’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
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value creates opportunities for skill enhancement and vocational training
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value also provides equal employment opportunities to all labours from the local communities
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards implementing a model of less food wastage and food loss – in the manufacturing as well as the supply chain process
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value strives to ensure high water efficiency and water sustainability in all business operations and processes
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value advocates and also internally implements positive water policies
- Infrastructure developed by Ciba Specialty Chemicals Unlocking Significant Shareholder Value in different rural communities and settlements ensures authorized sewage networks and lines to avoid dumping in freshwater reserves
5.4. Life on land
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards establishing the green supply chain
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value ensures that no Green spaces are destroyed for its business and industrial purposes, and also works towards creating healthy green spaces through numerous plantations
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value 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
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards improving the living standards and quality of life of communities it engages with
- For farmers, Ciba Specialty Chemicals Unlocking Significant Shareholder Value has also improved farm economics
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value works towards protecting the children in the supply chain processes, as well as creates diverse livelihood opportunities for adults
5.6. Quality education
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value provides a hands-on learning opportunity for young adults from local communities through internship opportunities
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value also sponsors various scholarship programs for different grade levels in communities where it is operations
- Ciba Specialty Chemicals Unlocking Significant Shareholder Value has inaugurated primary schools in three different regions where it has operations – in rural settlements – as a step towards achieving quality education for all.
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