Sony was founded in 1946 in Japan as a small company focused on technology and contributing to Japanese culture. It has since grown into a large multinational corporation providing audio, video, gaming, and other digital entertainment products. Sony outlines its corporate social responsibility efforts in seven key areas - corporate governance, ethics and compliance, human resources, responsible supply chain, quality and services, environment, and community engagement. It implements a variety of initiatives and programs under each area such as establishing compliance resources for employees, promoting diversity, conducting supplier assessments, and supporting science education for children.
Corporate Social Responsibility (CSR) of Sony Corporation12inch
Sony Corporation commonly referred to as Sony, is a Japanese multinational conglomerate corporation. headquartered in Kōnan Minato, Tokyo, Japan. Its diversified business is primarily focused on the electronics , game, entertainment and computing etc. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2013 list of Fortune Global 500.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
Corporate Social Responsibility Case Study: Coca Cola IndiaAsma Muhamad
Discover a case study of Coca Cola India in which how they turns their corporate social irresponsibility/issue into corporate social responsibility that give benefits to parties around where Coca Cola India operates their factories.
It is a descriptive presentation of Sony's marketing strategies. All you need to know about the strategies of Sony corporation is here in this small presentation.
Corporate Social Responsibility (CSR) of Sony Corporation12inch
Sony Corporation commonly referred to as Sony, is a Japanese multinational conglomerate corporation. headquartered in Kōnan Minato, Tokyo, Japan. Its diversified business is primarily focused on the electronics , game, entertainment and computing etc. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2013 list of Fortune Global 500.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
Corporate Social Responsibility Case Study: Coca Cola IndiaAsma Muhamad
Discover a case study of Coca Cola India in which how they turns their corporate social irresponsibility/issue into corporate social responsibility that give benefits to parties around where Coca Cola India operates their factories.
It is a descriptive presentation of Sony's marketing strategies. All you need to know about the strategies of Sony corporation is here in this small presentation.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
Cafe Coffee Day is a popular brand in India. I have been its customer for years. As part of an Online Project on Brand Identity & Strategy, I investigated the Customer & Category Insights of chain to understand the specifics about Brand positioning & Brand personality & Identities shaped
Here’s a our case study for Digital Marketing of Ice cream brand. How a digital marketing agency can go beyond just using digital media conventionally and create a customized strategy to grow your business. The brand has got highest ranking on Zomato, a food ordering platform.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
Cafe Coffee Day is a popular brand in India. I have been its customer for years. As part of an Online Project on Brand Identity & Strategy, I investigated the Customer & Category Insights of chain to understand the specifics about Brand positioning & Brand personality & Identities shaped
Here’s a our case study for Digital Marketing of Ice cream brand. How a digital marketing agency can go beyond just using digital media conventionally and create a customized strategy to grow your business. The brand has got highest ranking on Zomato, a food ordering platform.
Sony Corporation & LG ElectronicsWorldShare’s Quest to Crown.docxwilliame8
Sony Corporation &
LG Electronics
WorldShare’s Quest to Crown the Best for their Organization.
Veronica Hashemi
June 8, 2020
WorldShare’s Organization
2
WorldShare is a human-rights focused non-profit organization that is dedicated to helping shape the lives of others.
Currently, WorldShare’s organization supplies its employees with Sony branded products. They are discussing whether to switch to LG Electronics or keep the Sony brand.
Sony’s History
“Sony Corp. is engaged in the development, design, manufacture, and sale of electronic equipment, instruments, devices, game consoles, and software for consumers, professionals, and industrial markets” (CompaniesHistory).
Japanese company.
Founded in 1946 by Masaru Ibuka and Akio Morita.
Initially named, “Tokyo Tsushin Kogyo” as a small electronics company with only 8 employees.
Started off with about ¥190,000, which is roughly about $1,700 USD.
Headquartered in Minato City, Tokyo, Japan at Sony City.
Sony is popular worldwide and has been featured in a number of films, music, and other popular ventures.
3
LG Electronics History
LG Electronics made its debut into Korea after the Korean War of 1950 - 1953 and wanted to help rebuild its nation with electronics and home appliances.
South Korean company.
Founded in 1958 by Koo In-hwoi.
Formerly known as GoldStar.
Produced many of South Korea’s TVs, radios, refrigerators, and other home appliances.
In February of 1995, GoldStar had merged with Lucky Chemical and LS Cable. The corporate name became Lucky-Goldstar, and then, today to LG Electronics.
4
Compliances & Awards
The following is a list of compliances and awards for Sony & LG Electronics:
SONY CORPORATION
In 2019 and 2020, Sony was honored as one of the “World's Most Ethical Companies” by the Ethisphere Institute.
“Sony established its “Sony Group Code of Conduct” around the core principles of fairness, integrity, honesty, respect, and responsibility, and Sony Group as a whole endeavors to uphold these principles while creating innovation” (Sony Europe PR Team).
“Compliance Division in Sony Corporation” in 2001.
“Group Code of Conduct Establishment of the Compliance Hotline” and “Global Compliance Network” in 2003.
“Compliance Monitoring and Leadership Team” in 2008 and 2009.
LG ELECTRONICS
According to Forbes, LG Electronics has had its share of positive ethics practice awards. Some of these include:
Number 309 at “World's Best Employers 2019.”
Number 33 at “Top Regarded Companies 2019.”
Number 42 at “America's Best Midsize Employers 2019.”
Number 401 at “America's Best Employers 2016 (dropped off in 2017).”
Number 65 at “World's Most Powerful Brands 2012 (dropped off in 2013).”
5
Supply Chain Issues &
Solution
s
Sony Corporation Supply Chain:
2001:
Sony’ supply chain reportedly lost an approximate amount of $160 million in shipment value to Europe.
This event was due to the shipments containing cadmium in excess of the Europ.
The report is an Outcome Report of the project “Music” undertaken by CASIO India Company Private Limited as their CSR initiative in 10 schools of Delhi and NCR. The programme is being implemented by GlobalHunt Foundation. All the findings presented in the report are based on field visits, data analysis and interaction with the school authorities, students and music teachers. The purpose of the report is to present the outcome of the project within the target community.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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1. Introduction and Key Concepts of Sustainability
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
2. Who is Sony?
In 1946, Tokyo Tsushin Kogyo K.K. (Tokyo
Telecommunications Engineering Corporation, the
predecessor of Sony) started as a small company with capital
of just 190,000 yen and approximately 20 employees.
Founder Masaru Ibuka said the purpose of setting up the
company was to "establish an ideal factory that stresses a
spirit of freedom and open mindedness that will, through
technology, contribute to Japanese culture."
3. Who is Sony?
Symbolizing Sony's spirit of challenge to "do what has never
been done before," the company has continued to release
countless "Japan's first" and "world's first" products.
Sony Philippines was founded on October 1, 1997.
11. Sony’s Corporate Social
Responsibility
Key Areas
1. Corporate Governance
2. Ethics and Compliance
3. Human Resources
4. Responsibility Supply Chain
5. Quality and Services
6. Environment
7. Community Engagement
12. Sony’s Corporate Social
Responsibility
"Company with Three Committees"
•Sony has introduced its own requirements to help improve
and maintain the soundness and transparency of its
governance
•strengthens the separation of the Directors' function from
that of management
•enables the members of the Board to actively contribute to
discussion and advancing the proper functioning of the
statutory committees
1. Corporate Governance
13. Sony’s Corporate Social
Responsibility
•Sony has established a Global Compliance Network
comprised of ethics and compliance personnel embedded in
the local business units around the world who are
accountable for risk-specific compliance while also
implementing enterprise-wide compliance initiatives.
•Sony has many resources and reporting channels available
to its personnel to ask ethics questions or raise concerns
without fear of retaliation, including the Sony Ethics &
Compliance Hotline.
2. Ethics and Compliance
14. Sony’s Corporate Social
Responsibility
•Sony recognizes its employees to be its most important
resource.
•Sony strives to build an environment in which employees
accept each person's differences irrespective of nationality,
culture, race, gender, or the presence or absence of physical
limitations.
•Sony has established the Diversity Committee, which
reports directly to the CEO, to ensure that diversity and
inclusion are addressed as high-priority issues.
3. Human Resources
15. Sony’s Corporate Social
Responsibility
•In the United States, Sony Pictures Entertainment Inc., Sony
Electronics Inc. and Sony Corporation of America achieved
top score based on assessments of the maximum score of
100% in the Corporate Equality Index from the Human Rights
Campaign Foundation as companies that create ideal
working environments for LGBT employees.
•Sony UK run the Being Me campaign that provide valuable
opportunities for all employees to hear and think about
inspirational stories of individuals with disabilities.
16. Sony’s Corporate Social
Responsibility
•Sony takes stakeholder concerns seriously and is working
closely with its suppliers on initiatives in fields such as human
rights, labor conditions, health and safety, and environmental
protection.
•These initiatives cover not only Sony's own sites, but sites
throughout the supply chain-from parts and material
suppliers, to mineral mining operations, to production sites
operated both by Sony and by subcontractors.
4. Responsible Supply Chain
17. Sony’s Corporate Social
Responsibility
Result of initiatives:
•Assessments conducted at 20 electronics manufacturing
sites at Sony and 175 suppliers.
•Participated in Responsible Raw Materials Initiative
•Secondary suppliers requested to comply with the Code of
Conduct
18. Sony’s Corporate Social
Responsibility
• Sony is working to ensure product quality and improve
accessibility and usability, in the conviction that its most
important goal is to remain a highly trusted partner to all
customers.
5. Quality and Services
19. Sony’s Corporate Social
Responsibility
Result of initiatives:
•Development of reliability technology in the Quality
Reliability Lab
•Accessibility settings for products introduced
•Analyzed customer feedback including comments made on
social media to improve quality
20. Sony’s Corporate Social
Responsibility6. Environment
• Sony conducts its business in a sustainable manner and
provides environmentally conscious products and services,
always seeking to deliver innovation and develop uniquely
superior technologies.
•In April 2010, Sony announced the "Road to Zero," a new
global environmental plan, the goal of which is to realize a
sustainable society by achieving a zero environmental
footprint throughout the life cycle of its products and
business activities by the year 2050.
21. Sony’s Corporate Social
Responsibility
•Working toward a zero environmental footprint by 2050,
once every five years Sony sets concrete environmental mid-
term targets for each stage of the life cycle for its products
with respect to climate change, resources, chemical
substances, and biodiversity.
22. Sony’s Corporate Social
ResponsibilityUnder the Green Management 2020 environmental mid-term targets, Sony
put forward specific goals for each stage of the product lifecycle. Here are the
main results of fiscal 2016 initiatives:
23. Sony’s Corporate Social
Responsibility
•Sony has focused on science education for children, who
will shape the next generation.
•Putting its "For the Next Generation" CSR philosophy into
action, Sony makes the most of its unique technological and
service assets in the areas in which it is particularly strong.
•Sony Group companies worldwide and the Group's five
foundations cooperate with stakeholders such as
international organizations and NGOs to promote initiatives
tailored to local needs. Sony encourages employees to play
an active role in these types of activities, as well.
7. Community Engagement
24. Sony’s Corporate Social
Responsibility
Result of initiatives:
•Expenditures for social contribution initiatives were 2.4
billion yen.
•A total of 130,000 employees took part in Sony's global in-
house volunteer program known as "SOMEONE NEEDS
YOU".
•About 70 Sony Science Program workshops were held,
attracting 3,000 participants.
25. Sony’s Corporate Social
Responsibility
Projects
1. Sony Science Program - provides children,
tomorrow's principals, the opportunity for hands-on
experience that will hopefully spark their motivations to
acquire skills needed to make a better society by applying
the power of science.
27. Sony’s Corporate Social
Responsibility
2. EYE SEE Project
•Sony has supported the EYE SEE UNICEF Child
Photography Workshop since 2006.
•In this project, the children shared their special moments
and thoughts with the world by means of photos
31. Sony’s Corporate Social
Responsibility
5. Emergency Fund for Children
In October 2016, Save the Children and Sony Corporation
instituted the Children's Disaster Emergency & Recovery
Fund (hereinafter referred to as "the Fund").
The fund provides support for children in times of both
natural disasters and humanitarian crisis.
33. BIBLIOGRAPHY
Corporate Info. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/CorporateInfo/History/
Corporate Info. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/CorporateInfo/business/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony: https://www.sony.net/SonyInfo/csr_report/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/governance/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/compliance/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/employees/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/sourcing/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/quality/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/environment/
CSR Reporting. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr_report/contribution/
Sony Corporation. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.com.ph/electronics/corporate
Sony Science Program. (n.d.). Retrieved August 10, 2018, from Sony:
https://www.sony.net/SonyInfo/csr/ForTheNextGeneration/ssp/