As the new coronavirus epidemic intensifies in the United States, Anheuser-Busch, the maker of Budweiser beer, and Hanes Brands, the parent company of Champion, are working to manufacture hand sanitizer, masks or other important supplies that are in severe shortage in the country. medical supplies. Anheuser-Busch said the company is leveraging its supply and logistics network to begin producing and distributing bottled hand sanitizer to meet increasing demand in the United States. Hanes said the company will renovate some of its factories to produce medical masks that are urgently needed in the United States.
Reputable major U.S. companies are joining in to help ease demand for critical medical and other supplies by manufacturing critical medical supplies that are in severe shortage. Well-known designers Christian Siriano and Dov Charney also announced that they would make masks. In Europe, luxury goods companies including LVMH are also making hand sanitizer, and Zara parent company Inditex will make masks and medical protective clothing.
Although many shops and restaurants have closed due to the spread of the epidemic, which may cause a global economic recession, the epidemic has also drawn attention to the realization of global companies’ “everyone has a responsibility to build a healthy economy”. The commitment to unite and sustainably develop the world” is the theme of the World Economic Forum held in Davos, Switzerland in January this year.
In August 2019, the U.S. Business Roundtable, composed of major U.S. companies, redefined corporate purpose to promote “a culture that serves all Americans.” economy” and serve “all stakeholders”, including employees, supply chains, communities and shareholders. Traditionally, companies have recognized the principle of “shareholder supremacy – the company mainly serves shareholders.”
