Cheuk Fai Ma,
Management 308, section 7
Professor Ivan Montiel
February 18, 2009
As Gap Inc. strives to grow into a more dominant and powerful company it continuously seeks for further improvements in its company’s social and environmental practices. Everyday Gap is finding new ways to connect with customers around the world to provide valuable services to shareholders and stakeholders. Gap Inc also strives to make a positive contribution in the communities in which their business is conducted. Gap Inc. believes they should go beyond the basics of ethical business practices and embrace their responsibility to people the environment.
An example of Gap Inc’s positive contribution in the community has been the recognition they have received for being known as a “caring company.” Gap Inc also gives out awards to employees for their charitable contributions to society. Moreover, (Product) RED has set new guidelines for there amount of donations donated to Global Fund to Fight Aids, Tuberculosis and Malaria. Gap Inc, has generated an estimate of $60 million to $71 million in revenue, and has donated an estimated $2 million to $2.5 million to the Fund, enough to pay for Aids medication for 14,000 Africans for a year. However, it is not all good news within Gap Inc. there has been reports of violations of labor laws, exploitation, and bad factory conditions.
Gap Inc. has received recognition for being known as a “caring company” they award employees for their charitable contributions to society. They awarded three of its employees with a $50,000 grant and 80 hours of total paid time off due to their personal community involvement. Eric Severson, Amy Solliday, and Paul Adams, all based in San Francisco, received the award for commitment to their community partner, Family Service Agency of San Francisco (FSA) and their innovative program focused on early...