corporate social responsibility in the u.s. consumer electronics industry
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Corporate Social Responsibility in the U.S. Consumer Electronics Industry. 16 th Annual World Electronics Forum 8-10 January 2011 – Las Vegas. Outline of Presentation. Corporate social responsibility Industry sustainability report Conflict minerals issue. Corporate Social Responsibility. - PowerPoint PPT PresentationTRANSCRIPT
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Corporate Social Responsibility in theU.S. Consumer Electronics Industry
16th Annual World Electronics Forum8-10 January 2011 – Las Vegas
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Outline of Presentation• Corporate social responsibility• Industry sustainability report• Conflict minerals issue
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Corporate Social Responsibility
• Goal for company is to embrace responsibility for its actions and encourage a positive impact through its activities on the environment and the public.
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Environmental Sustainability Reporting
• First report for consumer electronics industry in 2008
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CEA 2010 Sustainability Report
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2010 Report• Product design• Packaging design• Facilities• Transport and delivery• Energy efficiency• Recycling
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2010 Report• Social contributions
VolunteerismContributionsEconomic development
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2010 Report• Social contributions
– Value of cash and products donated by ten largest CE companies in 2009:USD 882 million
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2010 Report• Corporate sustainability reporting
– Communicate information in a proactive and transparent way
– Reporting framework and guidance (for example, Global Reporting Initiative)
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“Conflict Minerals”• Background• New financial reform law in U.S.• New regulations (due in spring 2010)
require companies to determine and disclose origin and use of “conflict minerals”
• Important to avoid burdening trade
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“Conflict Minerals”• Private sector initiatives: Global e-
Sustainability Initiative (GeSI) and Electronic Industry Citizenship Coalition (EICC) announced a “Conflict-Free Smelter (CFS)” program in December 2010
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Conclusion• Corporate social responsibility is important
for trade associations as well as companies
• Industry-level sustainability reports are positive and helpful
• New laws require industry engagement but also offer opportunity for industry initiatives
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Douglas [email protected]