The difference between heroin, which will promptly get you arrested, and codeine, morphine, or oxycodone, which we frequently prescribe in clinics, is merely a few atoms. As a major firm in the global market, the company must ensure that its corporate social responsibility strategy matches stakeholders expectations. If you decide to access any of the third party sites linked to this Site, you do this entirely at your own risk and it is your responsibility to take all protective measures to guard against viruses or other destructive elements. Such corporate responsibility program supports the career advancement of this stakeholder group, and satisfies General Motors human resource requirements. General Motors is a company committed to delivering safer, better and more sustainable ways for people to get around. Investors are determinants of the capital and business value of General Motors. The Governance and Corporate Responsibility Committee (GCRC) of the Board of Directors of General Motors assists the Board in its oversight of the Company's governance structures, programs, and policies. Leadership Team "We have the ambition, the talent and the technology to create a world with zero crashes, zero emissions and zero congestion." . Our actual results may differ materially from forward-looking statements due to a variety of factors, including: (1) our ability to deliver new products, services and experiences that attract new, and are desired by existing, customers and to effectively compete in autonomous, ride-sharing and transportation as a service; (2) sales of crossovers, SUVs and full-size pick-up trucks; (3) our ability to reduce the costs associated with the manufacture and sale of electric vehicles; (4) the volatility of global sales and operations; (5) our significant business in China which subjects us to unique operational, competitive and regulatory risks; (6) our joint ventures, which we cannot operate solely for our benefit and over which we may have limited control; (7) changes in government leadership and laws (including tax laws), economic tensions between governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from free trade agreements, changes in foreign exchange rates, economic downturns in foreign countries, differing local product preferences and product requirements, compliance with U.S. and foreign countries' export controls and economic sanctions, differing labor regulations and difficulties in obtaining financing in foreign countries; (8) our dependence on our manufacturing facilities; (9) the ability of suppliers to deliver parts, systems and components without disruption and on schedule; (10) prices of raw materials; (11) our highly competitive industry; (12) the possibility that competitors may independently develop products and services similar to ours despite our intellectual property rights; (13) security breaches and other disruptions to our vehicles, information technology networks and systems; (14) compliance with laws and regulations applicable to our industry, including those regarding fuel economy and emissions; (15) costs and risks associated with litigation and government investigations; (16) compliance with the terms of the Deferred Prosecution Agreement; (17) the cost and effect on our reputation of product safety recalls and alleged defects in products and services; (18) our ability to successfully and cost-efficiently restructure operations in various countries with minimal disruption; (19) our ability to realize production efficiencies and to achieve reductions in costs; (20) our ability to develop captive financing capability through GM Financial; and (21) significant increases in pension expense or projected pension contributions. 1 Based on estimated forecasted global renewable energy sourced through currently executed agreements, subject to change depending on actual future electric usage in operations and actual future renewable generation. We place expectations concerning the proclaimed levels of quality and safety on those products and trust that what we are getting in return is in keeping with those expectations. We aspire to be the worlds most inclusive company and are committed to helping create a clean, safe and equitable world for all. The new report details how GM is working toward these goals across its priority areas of innovation, environmental action, social responsibility and governance. General Motors currently does business in Europe. Furthermore, this change in thinking, according to Seidman, could mean a move towards a more important role for civil society and non-governmental organizations (NGOs), and a shift away from state-centered action. In implementing a holistic approach to grow its automotive business, General Motors has a corporate social responsibility strategy that considers the needs of all the major stakeholders. Domestic Sales Performance: Domestic sale of MH&ICV in April 2023, including trucks and buses, stood at 8834 units, compared to 12,069 units in April 2022. 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General Motors - ResponsibilityReports.com Davis argues that CSR refers to the decisions and actions taken for reasons at least partially beyond the firms direct economic or technical interest. Davis idea, according to Carroll, is that socially responsible business decisions have a good chance of bringing the firm long-run economic gains, thereby repaying it for its earlier inputs. The U.S. Federal Clean Air Act puts limits on the number of regulated pollutants that can be discharged by new automobiles produced for sale (General Motors Company SWOT Analysis, 2019). General Motors (NYSE: GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. Retrieved from https://search-ebscohost-com.southuniversity.libproxy.edmc.edu/login.aspx?direct=true&db=bth&AN=137265526&site=eds-live, General Motors 2018 Sustainability Report. The activities included in General Motors corporate social responsibility strategy are satisfactory in addressing the interests of the major stakeholder groups in the automotive business. More so, the US Department of Transportation also intervened in the emissions scandal. This paper examines General Motors current corporate social responsibility and its ethical background with employees, automobiles, and the environment. Those at the top often fail to see the messages sent by indirection communication that can result from emphasis. We're here to answer any questions you have about our services. SSRN Electronic Journal. More so, Europes legal and political system is mentioned and the reason for General Motors ceased sales of two European vehicle brands. The turnaround from the emission scandals and lawsuits has bought Mary Barra to establish new policies and requirements from every department as well as holding individuals accountable for their actions. This was done to pass the emissions tests by installing cheat defect devices. As we strive to achieve a future with zero crashes, GM is committed to helping reduce crashes by promoting awareness and education. a falling-off of breast-feeding is usually foundbecause of harmful effects of ill-advised and inappropriate advertising of expensive proprietary milk preparations. Corporate Governance | General Motors 2021 Sustainability Report Can individuals and corporations together, as the EPA mentions, fullfill the social, economic and other requirements of present and future generations? Or will GMs irresponsible use of power, as Davis predicted, cause the company to lose its impact in the car market? General Motors leads with transparency and accountability. 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