Business code of ethics socially responsible practices
Business Code of Ethics
A written set of guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards.
Both businesses and trade organizations typically have some sort of code of ethics that its employees or members are supposed to follow. Breaking the code of ethics can result in termination or dismissal from the organization. A code of ethics is important because it clearly lies out the "rules" for behaviour and provides a pre-emptive warning.
Socially Responsible Practices
This includes programmes and systems that a company can put in place to increase the safety and well-being of individuals. Businesses can seek to establish systems to guarantee that human rights are upheld within the supplier network and to help improve the livelihood and welfare of its suppliers. In addition, businesses can also improve the lives of employees by ensuring workplace safety, dealing with work-life balance issues. Organisations can put socially responsible practices in place to improve customer safety and to educate consumers on how to use the products safely
Socially responsible practices affect business practices in various ways. For instance;
1.Suppliers
Socially responsible practices ensure that suppliers:
- do not use sweatshops, child and forced labour such as prisoners;
- pay their workers a living wage (that is above minimum wage).
2. Employees
In addition to specific safety rules that employees must abide by, worker-focused socially responsible practices include:
- policies for hiring and retaining women and minorities;
-ways to employ disabled people into appropriate roles;
- subsidising gym memberships and meals in the workplace;
- providing training and funding for education.
3. Customers Socially responsible practices include:
- special packaging to prevent products from being tampered with;
- methods to educate consumers on proper storage, use and disposal
A written set of guidelines issued by an organization to its workers and management to help them conduct their actions in accordance with its primary values and ethical standards.
Both businesses and trade organizations typically have some sort of code of ethics that its employees or members are supposed to follow. Breaking the code of ethics can result in termination or dismissal from the organization. A code of ethics is important because it clearly lies out the "rules" for behaviour and provides a pre-emptive warning.
Socially Responsible Practices
This includes programmes and systems that a company can put in place to increase the safety and well-being of individuals. Businesses can seek to establish systems to guarantee that human rights are upheld within the supplier network and to help improve the livelihood and welfare of its suppliers. In addition, businesses can also improve the lives of employees by ensuring workplace safety, dealing with work-life balance issues. Organisations can put socially responsible practices in place to improve customer safety and to educate consumers on how to use the products safely
Socially responsible practices affect business practices in various ways. For instance;
1.Suppliers
Socially responsible practices ensure that suppliers:
- do not use sweatshops, child and forced labour such as prisoners;
- pay their workers a living wage (that is above minimum wage).
2. Employees
In addition to specific safety rules that employees must abide by, worker-focused socially responsible practices include:
- policies for hiring and retaining women and minorities;
-ways to employ disabled people into appropriate roles;
- subsidising gym memberships and meals in the workplace;
- providing training and funding for education.
3. Customers Socially responsible practices include:
- special packaging to prevent products from being tampered with;
- methods to educate consumers on proper storage, use and disposal