How is whole foods market socially responsible

For example, they have developed a program, Loan Producer Loan Program LPLP which provides up to ten million dollars in low interest loans to small local producers. This program establishes relationships between Whole Foods Markets and their suppliers and helps these suppliers build their company. An additional program of theirs, Whole Kids Foundation, is a member of Lets Move Salad Bars to Schools, which is an initiative to fund and grant 6, salad bars to schools across the nation by This initiative supports their effort to provide healthier foods to its stakeholders and better educate stakeholders about the importance of smart eating habits.

Whole Foods Market. Search this site. This is a BETA experience. You may opt-out by clicking here. More From Forbes. Jul 14, , am EDT. Mar 25, , am EDT. Feb 25, , am EST. Feb 22, , am EST. Dec 17, , pm EST. Aug 24, , pm EDT. Whole Foods Market also informs producers about its quality standards to help them comply.

The main interests of these stakeholders are the positive effects of the firm on economic development and the environment. Whole Foods Market satisfies these stakeholders through corporate social responsibility programs for sustainability and fair trade. Whole Trade Guarantee involves criteria like environmental impact, fair pricing, and fair wages and employment practices of suppliers.

The overall corporate social responsibility performance of Whole Foods Market is satisfactory in addressing the interests of its stakeholders. Whole Foods Market also continues to improve its corporate social responsibility performance by implementing new policies. For instance, in , the company will complete the implementation of its new policy of labeling GMO-containing products. We use cookies for website functionality and to combat advertising fraud. See our Privacy Policy page to find out more about cookies or to switch them off.