Hyundai Motor Companys global performance with regards to fulfilling Essay

Hyundai repel Companys global performance with regards to fulfilling its corporate complaisant obligation - Essay ExampleTo illustrate, Hyundai Motors Chinese subsidiary won the 2011 Most Responsible corporal Citizen award for the firms efforts in various social welfargon fields. The Hyundai greatly supports the Chinese authorities in poverty reduction, traffic safety, sand prevention and control, and several another(prenominal) areas4. It is estimated that the companys investments in the field of environmental sustainability in China would reach nearly 4.1 trillion and those investments may account for dandy diesel vehicles, electric vehicles, and Blue Drive development plan5. In India, the Hyundai Motor India Foundation (HMIF) has made investments expenditure more(prenominal) than 20 million rupees in different social welfare programs6. The organization has begun its Go ballpark village based project in Tamil Nadu (an Indian State) in 2011 with intent to improve existing standards of the regions villages7. Considering the Hyundais contributions to the State, the company has been given the Corporate Social Responsibility Award and surfacestrip Commercial and Industrial Institution award by the Tamil Nadu State government8. concord to Biwalkar, the Brand commit Report study conducted in India in 2011, Hyundai was selected as the countrys 43rd some indisputable brand9. Hyundais corporate responsibility programs benefit Chinese and Indian societies. To illustrate, these economies are still at develop phase and therefore they struggle to meet increasing infrastructure facilities and other living condition requirements arising out of a high level population growth. Evidently, the emerging economies greatly support Hyundais business and act improved operational facilities for the... This essay discusses that modern society is highly concerned about environmental sustainability more than ever before. Consumers today tend to discourage businesses wh ich are likely to cause toxic emissions or other forms of pollution. While analyzing the industrial world, it seems that majority of the organizations raises some sorts of challenges to ecological balance. For a multinational corporation like Hyundai Motor Company, the worlds fourth largest automobile shaper, the potential for environmental damage is higher. Since combustion of fossil fuels constitutes a huge portion of greenhouse gas emissions, modern consumers are increasingly switching their demand to eco-friendly vehicles. The most noticeable achievement of Hyundai is that the company could markedly reduce carbon dioxide emissions on the strength of technological innovations. According to Environmental Protection Agency (EPA) 2011 Trends Report, Hyundai Motor America was ranked as the top automobile manufacturer in terms of fuel efficiency and CO2 emissions. Through its quality innovations, Hyundai developed green cars that are capable of reducing CO2 emissions and thereby pro moting environmental sustainability. Reports indicate that such innovations assisted Hyundai to lower the CO2 emission volumes of its new models including i10, i20, and i30 blue to the range of 100g/km. Although the company has been successful in designing and executing social welfare programs as compared to other automobile manufactures, it still contributes to environmental and other social issues.