|
With the advent of global sustainability issues, from early CSR and the UN 17 SDGs to the ESG framework for the Environment, Social and Governance, this study documents a Chinese company's journey to Lesotho, Africa, to build a textile factory, identify on-site problems, understand them, and gain recognition from international organizations, as well as establish a good foundation and results for subsequent stable factory operations. This case study covers the period from 2004 to 2014, starting with the establishment and restructuring of the organization in Lesotho, and continuing with the operation of the business organization and its sustainability planning before ESG was implemented. This study discusses the current situation of overseas factories operated by Chinese and the case of this textile factory, and discusses the environment, site, social structure, and resources in the African country of Lesotho.
1. Environmental This case discusses how the textile company planned ahead for environmental protection and sustainable operations in its production process, and implements it into the influence of the international community, and why it was willing to increase costs for environmentally friendly production and implementation of environmentally sustainable actions.
2. Social Responsibility (S) We discuss how the textile company is helping to address the various social problems encountered in Africa, such as AIDS, lack of medical resources, and poor economic and living conditions.
3. G Corporate Governance Multinational and cross-cultural operations have always been a common situation for Chinese organizations operating in foreign countries. Based on the ESG perspective, this case explores how and why the company faced the social issues in the construction of a textile factory in Lesotho, Africa in 2004, and why it had to invest in changing the current situation, and aimed at Chinese organizational culture reflects on the profit-seeking point of view. In the absence of ESG outlines, this case builds a circular model for corporate sustainability through the implementation of environmental and local operations in African Chinese companies., by improving the labor environment , optimizing the difficulties encountered by local workers, starting from the changes in grassroots living needs, stabilizing local workers and improving factory efficiency, and using this case to guide why companies should invest in the concept of sustainable development in the wave of ESG and propose new ideas of Business management.
|