1.Whole Foods is one of the most socially responsible companies I know of. They strive to put the customers first in every situation. By satisfying the customers, they are able to satisfy the other stakeholders of the company. Their employees are another example of good treatment.
2. Every employee is important to the company as a whole. They get together weekly to discuss problems, improvements or other various ideas for the growing supermarket. They treat every employee like the others. Everyone has access to all of the annual figures because they believe everyone deserves a right to know.
3. Finally, the environment is one of the most important aspects to this company. They support organic agriculture and are against animal abuse. No matter the cost, Whole Foods uses the most of its resources to provide the freshest foods for all of its customers. They also like to play a large role in the community and contribute a percentage of their profits to non profit organizations in the environment.Have any of you ever been to a Whole Foods Market? Do you see this company acting as socially responsible as they say?
I posted about a company very similar in social responsibility with Whole Foods. I have to say, though, I appreciate the way Whole Foods treats its employees more so than the one I blogged about and I realize you didn’t include a very interesting fact I read about it a while ago so I just wanted to add it in.
ReplyDeleteAs of January 1, 2007, the CEO of Whole Foods, John Mackey, dropped his annual salary from $1 million to $1 because he felt that he had already made enough money from the company and had come to a point in his life where he “wants to work for the joy of it and not for money”. All of his future stock options he would be eligible to receive are now being donated to charity as well.
Furthermore, the stock options of a company are usually given mostly to the top executives but John Mackey has spread them throughout the whole company. This shows how much he appreciates his employees and the work they do for the business.
This is an amazing company and they do so much for our community, donating money to charities in so many other ways as well. I am glad you chose this company as your socially responsible one because I really appreciate everything it has done for our society.
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