Stanford University Environmental Awareness Notice Memorandum School
Stanford University
Question Description
You read about stakeholders in your Reading area of this unit. How might external stakeholders’ points of view be different from the internal stakeholders? What changes would you expect to see in writing under the following circumstances?
Read the scenario and follow the steps provided.
Scenario:A public company is changing its mission and business entity to be a for-profit benefit corporation that is required to show social and environmental benefits besides a profit. But so far, the company has not altered their actions and policies with regards to enormous environmental waste being generated.
The best response to an external stakeholder from CEO other than your own.
Posted 1
MEMO
To : Environmental Protection Agency Advisor
From: Corporate Everything Company CEO
Date: July 18, 2020
Subject: Environmental Awareness Notice
It has come to our attention that the Corporate Everything Company has transitioned to A Benefit Corporation, approved by the Environmental Protection Agency. We are delighted that the CEC has made this momentous decision and look forward to observing the changes that will positively impact the environment and society as a whole.
Unfortunately, Corporate Everything Company has not appropriately adhered to A Benefit Corporation’s core guidelines. CEC risks losing its official benefit standing if the following requirements are not met within 60 business days:
- Publicly announce a formal transition to A Benefit Corporation
- Adjust mission statement and goals to reflect A Benefit Corporation’s core requirements on your main website
- Update social media content to reflect long-term plans of action approved by A Benefit Corporation (details can be found at http://benefitcorps.net)
- Compile annual reports with regards to environmental and social benefits and report to regional analyst advisors
Previous actions stated must be completed and reported to the EPA in order to retain status as A Benefit Corporation. Failure to do so within 60 business days from this memo’s date will result in an assessment and potential removal of status.
As Corporate Everything Company’s EPA Advisor, I encourage your company to take necessary actions within the required window. These measures will benefit your company and the surrounding area in more ways than one. I will follow up on this memo in five business days to discuss a structured timeline but do not hesitate to reach out to me using the following contact information if you have any questions.
Regards,
Corporate Everything Company CEO
Posted 2
Date: July 17, 2020
To : The United States Nature Agency
From: : Robert Jones, CEO Demolition and Removal
Subject: Request for Shipping information to the Clean Up and Out ©
Memorandum
I am writing to inquire about your recent status as a for-profit benefit corporation. We see in your public benefit assessment report done by B Lab © in April 2020 that you are in partnership with Clean Up and Out ©. You agreed to send two tons of trash a week to Clean Up and Out © where they would sort and recycle glass. In your proposed company mission statement, you agreed 50% of the profit from this endeavor would go to the Nature Conservancy ©.
Clean Up and Out © has confirmed they have not received shipments from you since your for-profit benefit corporation status went into effect on June 2020. Per your assessment, this arrangement was supposed to be in place prior to the status change. We are requesting you send an update as to the reason for this delay, and when shipping will begin.
Do not hesitate to reach out to me for questions or concerns regarding this memorandum. I can be reached by via email. Thank you for your time and consideration.