Wednesday, May 6, 2020

Essay about Investors and Social Responsibility - 2803 Words

Social responsibility is the future. Investors always have to think about the future. Many people are concerned about the environment and what will happen to the environment in the future. Socially responsible investing is getting increasingly popular. The social responsibility project will come from Canadian tire. This company has many projects to help the community and is very widespread to help many people. Canadian tire is very known in Cape Breton for helping children and even kittens. In early 2014, Canadian Tire were in news stories for taking in abandoned kittens and let them live in the store creating a bigger, more happier fan base of the company. This project will take five percent of profit and use it to be socially†¦show more content†¦Canadian Tire has also agreed to have an extra dollar option added to transactions. The extra dollar will come from cashiers asking the costumers if they would like to donate a dollar for social responsibility. This will bring in extra money for the initiative making it easier for the project to have more funds to start the renovations on houses that are in desperate need of renovations. The funds for this project will be held in a local bank with the lowest fees for month no maximize profits. The recycled wood will be used first; the other profits will be used to buy the supplies needed to finish the projects. The initiative will always accept building supplies to help with the repair costs. Bins will be out just outside the exits of the store to encourage any other donations. The more donations that go towards the initiative will benefit greatly. The less money that has to be used the better so more people can be helped. The goal for the initiative is to stretch the money as much as possible. The initiative will always be looking to fulfill the mission of the initiative. Social responsible programs are growing very rapidly. â€Å"Over the last two years, SRI investing has grown by more than 22% to $3.74 trillion in total managed assets, suggesting that investors are investing with their heart, as well as their head† (Chamberlain, 2013). Investors are caring about theirShow MoreRelatedHow Corporate Social Responsibility ( Csr ) Influences The Investor Relations Of A Corporation Essay2017 Words   |  9 PagesThis is essay will focus on analyzing how corporate social responsibility (CSR) influences the investor relations of a corporation and whether it is good for the society, using Gasland and FrackNation as examples. In the contemporary society, CSR sounds like a commendatory term for the society. 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