Monsanto's Ethical Responsibility
legal responsibilities - Monsanto is subject to laws and regulations of the US and where they operate, the country that they are in. It is the responsibility of Monsanto to ensure that they abide by the law and act in accordance with it. This is highlighted Monsanto's 'pledge' (2015) as follows, "Integrity is the foundation for all that we do. Integrity includes honesty, decency, consistency, and courage...We will create clarity of direction, roles, and accountability; build strong relationships with our customers and external partners; make wise decisions; steward our company resources; and take responsibility for achieving agreed-upon results."
c. ethical responsibilities - Monsanto has established a code of ethics for its employees and
all are subject to behave within the code to ensure an ethical working environment. Additionally (2014), "Monsanto maintains an open-door policy with all employees and business partners who have questions about how to manage difficult work situations or have concerns about business actions. Through our board-chartered global Business Conduct Office (BCO), we implement compliance and ethics initiatives through working groups and dedicated facilitators in each of our global business regions. As allowed by local law, employees may submit concerns or questions to the BCO via a private post office box, an internal toll-free telephone number or an email address dedicated to business conduct matters."
d. philanthropic responsibility - Monsanto (2014) uses its earnings to fund various philanthropic projects around the world including the Clinton Initiative. Monsanto (2014) explains, "As the philanthropic arm of the company, the Monsanto Fund, a U.S.-based 501(c)(3) nonprofit
b. organization funded by Monsanto, seeks to substantially and meaningfully improve lives by providing sustainable assistance to both farming communities and the communities where we live and work globally. Since needs vary in different parts of the world, we collaborate
c. with communities and their partners to prioritize critical issues and appropriate solutions."
c. ethical responsibilities - Monsanto has established a code of ethics for its employees and
all are subject to behave within the code to ensure an ethical working environment. Additionally (2014), "Monsanto maintains an open-door policy with all employees and business partners who have questions about how to manage difficult work situations or have concerns about business actions. Through our board-chartered global Business Conduct Office (BCO), we implement compliance and ethics initiatives through working groups and dedicated facilitators in each of our global business regions. As allowed by local law, employees may submit concerns or questions to the BCO via a private post office box, an internal toll-free telephone number or an email address dedicated to business conduct matters."
d. philanthropic responsibility - Monsanto (2014) uses its earnings to fund various philanthropic projects around the world including the Clinton Initiative. Monsanto (2014) explains, "As the philanthropic arm of the company, the Monsanto Fund, a U.S.-based 501(c)(3) nonprofit
b. organization funded by Monsanto, seeks to substantially and meaningfully improve lives by providing sustainable assistance to both farming communities and the communities where we live and work globally. Since needs vary in different parts of the world, we collaborate
c. with communities and their partners to prioritize critical issues and appropriate solutions."