corporate social responsibility in the u.s. consumer electronics industry 16 th annual world...
TRANSCRIPT
Corporate Social Responsibility in theU.S. Consumer Electronics Industry
16th Annual World Electronics Forum8-10 January 2011 – Las Vegas
Outline of Presentation
• Corporate social responsibility
• Industry sustainability report
• Conflict minerals issue
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.
Environmental Sustainability Reporting
• First report for consumer electronics industry in 2008
CEA 2010 Sustainability Report
2010 Report
• Product design
• Packaging design
• Facilities
• Transport and delivery
• Energy efficiency
• Recycling
2010 Report
• Social contributions
Volunteerism
Contributions
Economic development
2010 Report
• Social contributions
– Value of cash and products donated by ten largest CE companies in 2009:
USD 882 million
2010 Report
• Corporate sustainability reporting
– Communicate information in a proactive and transparent way
– Reporting framework and guidance (for example, Global Reporting Initiative)
“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
“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
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
Douglas [email protected]