SlideShare a Scribd company logo
1 of 16
Download to read offline
By: Julia Henao R
CSR NARRATIVE
STRATEGY
.
Image via Whole Foods Market 2016 Annual Report
Julia Henao R
COMM 433
April 26, 2018
CSR and communication
• For a successful CSR differentiation, potential customers must be fully aware of CSR
characteristics; otherwise, they will purchase a similar product without such attributes
(Siegel, 2001, p.121).
• Communicating CSR attributes can be useful to build or sustain a reputation for
quality, reliability, or honesty all attributes that are important but difficult to determine
by search alone (Siegel, 2001, p.121).
• Authentic communication can break through the corporate hyperbole –being true to
who you are and unleashing a genuine voice of leadership can positively enhance the
company narrative (Global RepTrak, 2018, p. 61).
THE ISSUE
From 2009 to 2014 Whole Foods Market was named one of America’s most reputable
companies for corporate social responsibility by the Reputation Institute (RepTrak,
2015).
WHY IS IT WORTH DOING?
• Today, consumers want to support
brands that stand for something
positive for society.
• “Beyond general familiarity
companies need to create depth
of understanding of what they
stand for because it can create a
reputation lift” (Global RepTrak,
2018, p. 19).
METHOD: CSR RepTrak Scorecard
• According to the 2015 US Retail RepTrak, across
the seven dimensions of reputation, 43% to 60% of
consumers are uncertain what the companies are
doing.
• The highest rate is in CSR dimensions: Workplace,
Governance, Citizenship (RepTrak, 2015, p. 28)
which it means key stakeholders are not aware of
company’s performance regarding CSR.
• Action and communication are critical to
converting neutral consumers. Half of the world is
still open to being convinced: 51% (Global RepTrak,
2018, p. 17).
RESULTSRESULTS
Image via Whole Foods Market 2011 Annual Report
RESULTS
RESULTS
The company has a positive outcome regarding environmental stewardship due to its wide
range of activities, such as:
• 25 stores and facilities supplementing traditional power with solar power, producing and
save more than 2.2 million kilowatt hours over 20 years and resulting in more than 1,650
tons of CO2 emissions avoided.
• Whole Foods Market (WFM) and 365 Everyday Value brands’ bottled body products,
vitamins and supplements are in bottles made from at least 50% recycled plastic.
• The company is in the process of replacing traditional plastic and paper prepared-food
containers with compostable fiber packaging made from renewable resources such as
bagasse (made from sugar cane pulp and wood fibers).
RESULTS Whole Food’s environmental publications on its social media channels:
• Global RepTrak (2018) suggests, social media can make a difference. According to
2018’s report, a relatively small percentage of people can have a major impact:
CSR-IDENTITY-BASED CORPORATE IMAGE
• The benefits of establishing a perceived CSR-identity-based corporate image are
argued to be many: enhanced brand differentiation, competitive advantage, and
customer loyalty and other positive post-purchase outcomes (Pomering and Johnson,
2009, p. 3).
• A meta-analysis by Orlitzky (2003) has found that CSR can deliver superior financial
performance, primarily through reputation effects.
WHAT ABOUT GOVERNANCE?
This is where Whole Foods needs to work more due to previous accusations related to massive
overcharging, issue that occurred in 2015 and it caused a great damaged to the company’s
image.
DISCUSSION
• Whole Foods is still in the media, but not for news about citizenship initiatives; which
is incoherent because it is not aligned to one of its core values: “We practice and
advance environmental stewardship.”
• It is imperative the company goes from a private conversation about its
environmental milestones to a more proactive CSR narrative. A story in its own words
that allows enhancing its “CSR-identity-based corporate image” (Pomering and
Johnson, 2009).
• Corporate stakeholders, the media, including social media, NGO watchdogs, and
governmental regulators have all been putting increased pressure on companies to
assume corporate environmental responsibility (CER) (Matejek and Gössling, 2014, p.
572).
EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA
Management speeches:
• “The effectiveness of a corporate story will also
improve if the story is told and retold by top managers
in the company in their style and with their
interpretations” Van Riel and Fombrun (2017).
• There is an increasing demand for a “Leadership voice”
that turns into a CEO with a conscience (Global
RepTrak, 2018, p. 37).
EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA
Social Media channels
• Whole Foods is growing its investment in global marketing to increase efficiency and
effectiveness of its programming.
• “We continue to develop our reach across all channels -paid, owned and earned- with a
focus on accelerating our social media presence” (Annual Report, 2016, p. 16).
• Currently, the brand has 15 million fans and followers on Facebook, Twitter, and Instagram.
EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA
It is time to start a conversation about CSR initiatives, citizenship, and environmental
stewardship in an organic way; giving value content that generates engagement, and it
can be attached to Whole Foods CSR efforts.
Image via http://blogs.davita.com/kidney-diet-tips/kidney-diet-meal-planning-made-easy/
Q&A

More Related Content

What's hot

Gaining sustainable competitive advantages through CSR engagement and communi...
Gaining sustainable competitive advantages through CSR engagement and communi...Gaining sustainable competitive advantages through CSR engagement and communi...
Gaining sustainable competitive advantages through CSR engagement and communi...Tine Grarup
 
Marketing Research
Marketing ResearchMarketing Research
Marketing ResearchMuzamil shah
 
Project porchlight summary
Project porchlight summaryProject porchlight summary
Project porchlight summaryOneChange
 
Measuring the Core Business Benefits of a Social Value Proposition
Measuring the Core Business Benefits of a Social Value PropositionMeasuring the Core Business Benefits of a Social Value Proposition
Measuring the Core Business Benefits of a Social Value PropositionSustainable Brands
 
Green Marketing- Way ahead to sustainability
Green Marketing- Way ahead to sustainability Green Marketing- Way ahead to sustainability
Green Marketing- Way ahead to sustainability Mathew Lawrence
 
Green marketing a marketing practice with e-marketing
Green marketing  a marketing practice with e-marketingGreen marketing  a marketing practice with e-marketing
Green marketing a marketing practice with e-marketingKoushik Dutta
 
Green marketing
Green marketingGreen marketing
Green marketingsaptak das
 
Green Marketing
Green MarketingGreen Marketing
Green Marketingpacktwin
 
Challenges and trends in green marketing
Challenges and trends in green marketingChallenges and trends in green marketing
Challenges and trends in green marketingmohammed badruddeen
 
Green marketing
Green marketing Green marketing
Green marketing Anand Verma
 
CSR and It's Influence on Consumers
CSR and It's Influence on ConsumersCSR and It's Influence on Consumers
CSR and It's Influence on ConsumersJanelle Arthur
 
Changing consumer behavior with respect to green marketing
Changing consumer behavior with respect to green marketingChanging consumer behavior with respect to green marketing
Changing consumer behavior with respect to green marketingEyakub Ali
 
Green Marketing Real
Green Marketing RealGreen Marketing Real
Green Marketing RealFrank Tufano
 

What's hot (20)

Gaining sustainable competitive advantages through CSR engagement and communi...
Gaining sustainable competitive advantages through CSR engagement and communi...Gaining sustainable competitive advantages through CSR engagement and communi...
Gaining sustainable competitive advantages through CSR engagement and communi...
 
Marketing Research
Marketing ResearchMarketing Research
Marketing Research
 
Sustainable Marketing is the Future
Sustainable Marketing is the FutureSustainable Marketing is the Future
Sustainable Marketing is the Future
 
Project porchlight summary
Project porchlight summaryProject porchlight summary
Project porchlight summary
 
Green marketing ppt-pvb
Green marketing ppt-pvbGreen marketing ppt-pvb
Green marketing ppt-pvb
 
Measuring the Core Business Benefits of a Social Value Proposition
Measuring the Core Business Benefits of a Social Value PropositionMeasuring the Core Business Benefits of a Social Value Proposition
Measuring the Core Business Benefits of a Social Value Proposition
 
Green Marketing- Way ahead to sustainability
Green Marketing- Way ahead to sustainability Green Marketing- Way ahead to sustainability
Green Marketing- Way ahead to sustainability
 
Chapter 15 presentation
Chapter 15 presentationChapter 15 presentation
Chapter 15 presentation
 
Green marketing a marketing practice with e-marketing
Green marketing  a marketing practice with e-marketingGreen marketing  a marketing practice with e-marketing
Green marketing a marketing practice with e-marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Target: Going Green
Target: Going GreenTarget: Going Green
Target: Going Green
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Challenges and trends in green marketing
Challenges and trends in green marketingChallenges and trends in green marketing
Challenges and trends in green marketing
 
Green marketing
Green marketing Green marketing
Green marketing
 
CSR and It's Influence on Consumers
CSR and It's Influence on ConsumersCSR and It's Influence on Consumers
CSR and It's Influence on Consumers
 
Changing consumer behavior with respect to green marketing
Changing consumer behavior with respect to green marketingChanging consumer behavior with respect to green marketing
Changing consumer behavior with respect to green marketing
 
Green Marketing Real
Green Marketing RealGreen Marketing Real
Green Marketing Real
 

Similar to CSR Narrative Strategy - Academic project

Wsj Eco Conference
Wsj Eco ConferenceWsj Eco Conference
Wsj Eco ConferenceEdelmanPR
 
Corporate social responsibility ppt
Corporate social responsibility pptCorporate social responsibility ppt
Corporate social responsibility pptMohamed Meeran
 
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...Sustainable Brands
 
Sustainable Corporate Frameworks Skees-Fenton 10_2_15
Sustainable Corporate Frameworks Skees-Fenton 10_2_15Sustainable Corporate Frameworks Skees-Fenton 10_2_15
Sustainable Corporate Frameworks Skees-Fenton 10_2_15Sustainable Brands
 
current marketing trends
current marketing trendscurrent marketing trends
current marketing trendsMohit Agarwal
 
Companies with social responsibility and services
Companies with social responsibility and servicesCompanies with social responsibility and services
Companies with social responsibility and servicesSharun Ichigo
 
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docx
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docxRunning head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docx
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docxtodd521
 
The Shared Values Economy Is Here
The Shared Values Economy Is HereThe Shared Values Economy Is Here
The Shared Values Economy Is Heretwo42solutions
 
2013 Cone Communications/Echo Global CSR Study
2013 Cone Communications/Echo Global CSR Study2013 Cone Communications/Echo Global CSR Study
2013 Cone Communications/Echo Global CSR StudySustainable Brands
 
2013 cone/echo global csr study
2013 cone/echo global csr study 2013 cone/echo global csr study
2013 cone/echo global csr study Yura Slinkin
 
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docxdrennanmicah
 
Corporate social responsibility
Corporate social responsibility Corporate social responsibility
Corporate social responsibility Preeti Bhaskar
 
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...Dayana Mastura FCCA CA
 

Similar to CSR Narrative Strategy - Academic project (20)

Joining Forces
Joining ForcesJoining Forces
Joining Forces
 
Shared Value
Shared ValueShared Value
Shared Value
 
Csr lecture 0000
Csr lecture 0000Csr lecture 0000
Csr lecture 0000
 
Wsj Eco Conference
Wsj Eco ConferenceWsj Eco Conference
Wsj Eco Conference
 
Prsa philly 1.0[1]
Prsa philly 1.0[1]Prsa philly 1.0[1]
Prsa philly 1.0[1]
 
A new corporate communication: influence, character and purpuse
A new corporate communication: influence, character and purpuseA new corporate communication: influence, character and purpuse
A new corporate communication: influence, character and purpuse
 
Corporate social responsibility ppt
Corporate social responsibility pptCorporate social responsibility ppt
Corporate social responsibility ppt
 
The Matter with Metrics: Measuring the ROI of Sustainability
The Matter with Metrics: Measuring the ROI of SustainabilityThe Matter with Metrics: Measuring the ROI of Sustainability
The Matter with Metrics: Measuring the ROI of Sustainability
 
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...
JetBlue whitepaper: The Matter with Metrics - Measuring the ROI of Sustainabi...
 
Sustainable Corporate Frameworks Skees-Fenton 10_2_15
Sustainable Corporate Frameworks Skees-Fenton 10_2_15Sustainable Corporate Frameworks Skees-Fenton 10_2_15
Sustainable Corporate Frameworks Skees-Fenton 10_2_15
 
current marketing trends
current marketing trendscurrent marketing trends
current marketing trends
 
Companies with social responsibility and services
Companies with social responsibility and servicesCompanies with social responsibility and services
Companies with social responsibility and services
 
How brands can compete in the reputation economy
How brands can compete in the reputation economyHow brands can compete in the reputation economy
How brands can compete in the reputation economy
 
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docx
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docxRunning head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docx
Running head STRATEGIC MANAGEMENT2STRATEGIC MANAGEMENT2.docx
 
The Shared Values Economy Is Here
The Shared Values Economy Is HereThe Shared Values Economy Is Here
The Shared Values Economy Is Here
 
2013 Cone Communications/Echo Global CSR Study
2013 Cone Communications/Echo Global CSR Study2013 Cone Communications/Echo Global CSR Study
2013 Cone Communications/Echo Global CSR Study
 
2013 cone/echo global csr study
2013 cone/echo global csr study 2013 cone/echo global csr study
2013 cone/echo global csr study
 
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx
1Running Head COCA COLA COMPANY2COCA COLA COMPANY.docx
 
Corporate social responsibility
Corporate social responsibility Corporate social responsibility
Corporate social responsibility
 
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...
Corporate Social Responsibility Reporting within the Malaysian Oil and Gas In...
 

Recently uploaded

VIP Kolkata Call Girl Jadavpur 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jadavpur 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jadavpur 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jadavpur 👉 8250192130 Available With Roomdivyansh0kumar0
 
thanksgiving dinner and more information
thanksgiving dinner and more informationthanksgiving dinner and more information
thanksgiving dinner and more informationlialiaskou00
 
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Serviceranjana rawat
 
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur Escorts
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur EscortsRussian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur Escorts
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur EscortsCall Girls in Nagpur High Profile
 
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012rehmti665
 
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)kojalkojal131
 
Call Girls in Nashik Ila 7001305949 Independent Escort Service Nashik
Call Girls in Nashik Ila 7001305949 Independent Escort Service NashikCall Girls in Nashik Ila 7001305949 Independent Escort Service Nashik
Call Girls in Nashik Ila 7001305949 Independent Escort Service NashikCall Girls in Nagpur High Profile
 
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escortsranjana rawat
 
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...srsj9000
 
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile Service
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile ServiceJp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile Service
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile ServiceHigh Profile Call Girls
 
Call Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcum
Call Girls Dubai &ubble O525547819 Call Girls In Dubai BlastcumCall Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcum
Call Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcumkojalkojal131
 
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Pesticide Calculation Review 2013 post.pptx
Pesticide Calculation Review 2013 post.pptxPesticide Calculation Review 2013 post.pptx
Pesticide Calculation Review 2013 post.pptxalfordglenn
 
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...Suhani Kapoor
 
VIP Call Girls In Singar Nagar ( Lucknow ) 🔝 8923113531 🔝 Cash Payment Avai...
VIP Call Girls In Singar Nagar ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment Avai...VIP Call Girls In Singar Nagar ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment Avai...
VIP Call Girls In Singar Nagar ( Lucknow ) 🔝 8923113531 🔝 Cash Payment Avai...anilsa9823
 
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service Bikaner
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service BikanerVIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service Bikaner
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service BikanerSuhani Kapoor
 
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...Amil baba
 
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCy
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCyLet Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCy
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCystephieert
 
Grade Eight Quarter 4_Week 6_Cookery.pptx
Grade Eight Quarter 4_Week 6_Cookery.pptxGrade Eight Quarter 4_Week 6_Cookery.pptx
Grade Eight Quarter 4_Week 6_Cookery.pptxKurtGardy
 

Recently uploaded (20)

VIP Kolkata Call Girl Jadavpur 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jadavpur 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jadavpur 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jadavpur 👉 8250192130 Available With Room
 
thanksgiving dinner and more information
thanksgiving dinner and more informationthanksgiving dinner and more information
thanksgiving dinner and more information
 
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service
(ISHITA) Call Girls Manchar ( 7001035870 ) HI-Fi Pune Escorts Service
 
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur Escorts
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur EscortsRussian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur Escorts
Russian Call Girls in Nagpur Devyani Call 7001035870 Meet With Nagpur Escorts
 
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012
Call Girls Laxmi Nagar Delhi reach out to us at ☎ 9711199012
 
Call Girls In Tilak Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In  Tilak Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCeCall Girls In  Tilak Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Tilak Nagar꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
 
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)
Dubai Call Girls Drilled O525547819 Call Girls Dubai (Raphie)
 
Call Girls in Nashik Ila 7001305949 Independent Escort Service Nashik
Call Girls in Nashik Ila 7001305949 Independent Escort Service NashikCall Girls in Nashik Ila 7001305949 Independent Escort Service Nashik
Call Girls in Nashik Ila 7001305949 Independent Escort Service Nashik
 
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts
(ASHA) Sb Road Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune Escorts
 
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...
Best Connaught Place Call Girls Service WhatsApp -> 9999965857 Available 24x7...
 
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile Service
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile ServiceJp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile Service
Jp Nagar Call Girls Bangalore WhatsApp 8250192130 High Profile Service
 
Call Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcum
Call Girls Dubai &ubble O525547819 Call Girls In Dubai BlastcumCall Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcum
Call Girls Dubai &ubble O525547819 Call Girls In Dubai Blastcum
 
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Ghitorni Delhi 💯Call Us 🔝8264348440🔝
 
Pesticide Calculation Review 2013 post.pptx
Pesticide Calculation Review 2013 post.pptxPesticide Calculation Review 2013 post.pptx
Pesticide Calculation Review 2013 post.pptx
 
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...
VIP Russian Call Girls Gorakhpur Chhaya 8250192130 Independent Escort Service...
 
VIP Call Girls In Singar Nagar ( Lucknow ) 🔝 8923113531 🔝 Cash Payment Avai...
VIP Call Girls In Singar Nagar ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment Avai...VIP Call Girls In Singar Nagar ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment Avai...
VIP Call Girls In Singar Nagar ( Lucknow ) 🔝 8923113531 🔝 Cash Payment Avai...
 
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service Bikaner
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service BikanerVIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service Bikaner
VIP Call Girl Bikaner Aashi 8250192130 Independent Escort Service Bikaner
 
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...
NO1 Trending kala jadu karne wale ka contact number kala jadu karne wale baba...
 
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCy
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCyLet Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCy
Let Me Relax Dubai Russian Call girls O56338O268 Dubai Call girls AgenCy
 
Grade Eight Quarter 4_Week 6_Cookery.pptx
Grade Eight Quarter 4_Week 6_Cookery.pptxGrade Eight Quarter 4_Week 6_Cookery.pptx
Grade Eight Quarter 4_Week 6_Cookery.pptx
 

CSR Narrative Strategy - Academic project

  • 1. By: Julia Henao R CSR NARRATIVE STRATEGY . Image via Whole Foods Market 2016 Annual Report Julia Henao R COMM 433 April 26, 2018
  • 2. CSR and communication • For a successful CSR differentiation, potential customers must be fully aware of CSR characteristics; otherwise, they will purchase a similar product without such attributes (Siegel, 2001, p.121). • Communicating CSR attributes can be useful to build or sustain a reputation for quality, reliability, or honesty all attributes that are important but difficult to determine by search alone (Siegel, 2001, p.121). • Authentic communication can break through the corporate hyperbole –being true to who you are and unleashing a genuine voice of leadership can positively enhance the company narrative (Global RepTrak, 2018, p. 61). THE ISSUE From 2009 to 2014 Whole Foods Market was named one of America’s most reputable companies for corporate social responsibility by the Reputation Institute (RepTrak, 2015).
  • 3. WHY IS IT WORTH DOING? • Today, consumers want to support brands that stand for something positive for society. • “Beyond general familiarity companies need to create depth of understanding of what they stand for because it can create a reputation lift” (Global RepTrak, 2018, p. 19).
  • 4. METHOD: CSR RepTrak Scorecard • According to the 2015 US Retail RepTrak, across the seven dimensions of reputation, 43% to 60% of consumers are uncertain what the companies are doing. • The highest rate is in CSR dimensions: Workplace, Governance, Citizenship (RepTrak, 2015, p. 28) which it means key stakeholders are not aware of company’s performance regarding CSR. • Action and communication are critical to converting neutral consumers. Half of the world is still open to being convinced: 51% (Global RepTrak, 2018, p. 17).
  • 5. RESULTSRESULTS Image via Whole Foods Market 2011 Annual Report
  • 7. RESULTS The company has a positive outcome regarding environmental stewardship due to its wide range of activities, such as: • 25 stores and facilities supplementing traditional power with solar power, producing and save more than 2.2 million kilowatt hours over 20 years and resulting in more than 1,650 tons of CO2 emissions avoided. • Whole Foods Market (WFM) and 365 Everyday Value brands’ bottled body products, vitamins and supplements are in bottles made from at least 50% recycled plastic. • The company is in the process of replacing traditional plastic and paper prepared-food containers with compostable fiber packaging made from renewable resources such as bagasse (made from sugar cane pulp and wood fibers).
  • 8. RESULTS Whole Food’s environmental publications on its social media channels:
  • 9. • Global RepTrak (2018) suggests, social media can make a difference. According to 2018’s report, a relatively small percentage of people can have a major impact: CSR-IDENTITY-BASED CORPORATE IMAGE • The benefits of establishing a perceived CSR-identity-based corporate image are argued to be many: enhanced brand differentiation, competitive advantage, and customer loyalty and other positive post-purchase outcomes (Pomering and Johnson, 2009, p. 3). • A meta-analysis by Orlitzky (2003) has found that CSR can deliver superior financial performance, primarily through reputation effects.
  • 10. WHAT ABOUT GOVERNANCE? This is where Whole Foods needs to work more due to previous accusations related to massive overcharging, issue that occurred in 2015 and it caused a great damaged to the company’s image.
  • 11. DISCUSSION • Whole Foods is still in the media, but not for news about citizenship initiatives; which is incoherent because it is not aligned to one of its core values: “We practice and advance environmental stewardship.” • It is imperative the company goes from a private conversation about its environmental milestones to a more proactive CSR narrative. A story in its own words that allows enhancing its “CSR-identity-based corporate image” (Pomering and Johnson, 2009). • Corporate stakeholders, the media, including social media, NGO watchdogs, and governmental regulators have all been putting increased pressure on companies to assume corporate environmental responsibility (CER) (Matejek and Gössling, 2014, p. 572).
  • 12. EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA Management speeches: • “The effectiveness of a corporate story will also improve if the story is told and retold by top managers in the company in their style and with their interpretations” Van Riel and Fombrun (2017). • There is an increasing demand for a “Leadership voice” that turns into a CEO with a conscience (Global RepTrak, 2018, p. 37).
  • 13.
  • 14. EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA Social Media channels • Whole Foods is growing its investment in global marketing to increase efficiency and effectiveness of its programming. • “We continue to develop our reach across all channels -paid, owned and earned- with a focus on accelerating our social media presence” (Annual Report, 2016, p. 16). • Currently, the brand has 15 million fans and followers on Facebook, Twitter, and Instagram.
  • 15. EMBEDDING THE CSR NARRATIVE IN MULTIPLE MEDIA It is time to start a conversation about CSR initiatives, citizenship, and environmental stewardship in an organic way; giving value content that generates engagement, and it can be attached to Whole Foods CSR efforts.