Crown celebrates its 50th birthday with global CSR campaign
To celebrate turning 50 this year, every country in the Crown world is taking part in a global CSR campaign called Crown’s Golden Relay.
Throughout 2015, each country will organise its own fundraising events to support a common cause, local charities that fund children’s education or health issues. The aim of this campaign is to raise $ 50,000 collectively. In true relay style, each country will carry out its events in the order that Crown opened since 1965. As the company’s roots were established in Yokohama, Japan had the honour of kick-starting the campaign in the last week of January.
Crown Japan chose to organise a cocktail party to support the Kids Earth Fund (KEF), a charity that raises money to help children who suffer from the result of war, poverty and environmental contamination. The money raised will provide food for a school in Cambodia that looks after 53 children with HIV. Over 80 of Crown's clients, service partners, friends and employees attended, raising a remarkable $4,400 at the occasion, exceeding its original goal of $1,000 by 340 per cent.
At the event, Jim Thompson, Crown's Founder and still the chairman to this day, met with Harumi Torii, KEF's Founder. The Japan organisation has already passed the baton to runner number two, Hong Kong.
Co-ordinated celebrations were taking place across the Crown world last month, on the exact day of the golden anniversary of the establishment of the company, starting in New Zealand and finishing in Hawaii.
Thompson said: “Turning 50 is such an accomplishment, and something we are very proud of. It is rare for a private company of Crown’s size reach 50; it’s truly unique. Today we’ll be reflecting about what we’ve achieved over 50 years and how we have used the same key values even since 1965.
“We’ll be sharing pictures of our celebrations, so be sure to come back and take a look later this week.”
The company started from humble beginnings, as Thompson arrived in Japan after trekking throughout Europe and Asia after their undergraduate studies in the mid 1960’s. It was in Yokohama in 1965 when Thompson rented one tiny single room with a desk and one other employee, where the Crown story began.
Business began with contracts for the U.S. military, which was moving personnel to and from the USA. The organisation grew steadily in the early years and 1970 the business already had a turnover of $1 million.
For more information, please visit: https://www.crownworldwide.com/en-us
Biden establishes Supply Chain Disruptions Task Force
The US government is to establish a new body with the express purpose of addressing imbalances and other supply chain concerns highlighted in a review of the sector, ordered by President Joe Biden shortly after his inauguration.
The Supply Chain Disruptions Task Force will “focus on areas where a mismatch between supply and demand has been evident,” the White House said. The division will be headed up by the Secretaries of Commerce, Transportation, and Agriculture, and will focus on housing construction, transportation, agriculture and food, and semiconductors - a drastic shortage of which has hit some of the US economy’s biggest industries in consumer technology and vehicle manufacturing.
“The Task Force will bring the full capacity of the federal government to address near-term supply/demand mismatches. It will convene stakeholders to diagnose problems and surface solutions - large and small, public or private - that could help alleviate bottlenecks and supply constraints,” the White House said.
In late February, President Biden ordered a 100 day review of the supply chain across the key areas of medicine, raw materials and agriculture, the findings of which were released this week. While the COVID-19 health crisis had a deleterious effect on the nation’s supply chain, the published assessment of findings says the root cause runs much deeper. The review concludes that “decades of underinvestment”, alongside public policy choices that favour quarterly results and short-term solutions, have left the system “fragile”.
In response, the administration aims to address four key issues head on, strengthening its position in health and medicine, sustainable and alternative energy, critical mineral mining and processing, and computer chips.
Support domestic production of critical medicines
- A syndicate of public and private entities will jointly work towards manufacturing and onshoring of essential medical suppliers, beginning with a list of 50-100 “critical drugs” defined by the Food and Drug Administration.
- The consortium will be led by the Department of Health and Human Services, which will commit an initial $60m towards the development of a “novel platform technologies to increase domestic manufacturing capacity for API”.
- The aim is to increase domestic production and reduce the reliance upon global supply chains, particularly with regards to medications in short supply.
Secure an end-to-end domestic supply chain for advanced batteries
- The Department of Energy will publish a ‘National Blueprint for Lithium Batteries’, beginning a 10 year plan to "develop a domestic lithium battery supply chain that combats the climate crisis by creating good-paying clean energy jobs across America”.
- The effort will leverage billions in funding “to finance key strategic areas of development and fill deficits in the domestic supply chain capacity”.
Invest in sustainable domestic and international production and processing of critical minerals
- An interdepartmental group will be established by the Department of Interior to identify sites where critical minerals can be produced and processed within US borders. It will collaborate with businesses, states, tribal nations and stockholders to “expand sustainable, responsible critical minerals production and processing in the United States”.
- The group will also identify where regulations may need to be updated to ensure new mining and processing “meets strong standards”.
Partner with industry, allies, and partners to address semiconductor shortages
- The Department of Commerce will increase its partnership with industry to support further investment in R&D and production of semiconductor chips. The White House says its aim will be to “facilitate information flow between semiconductor producers and suppliers and end-users”, improving transparency and data sharing.
- Enhanced relationships with foreign allies, including Japan and South Korea will also be strengthened with the express proposed of increasing chip output, promoting further investment in the sector and “to promote fair semiconductor chip allocations”.