Apple tries to ensure the highest ethical standard by providing equality and fairness to its employees and its suppliers. They truly value the success of their company on creating innovative, high-quality products and services, through the belief of doing business with integrity and honesty. They believe in four main ideologies that contribute to integrity, which are respect, honesty, compliance and confidentiality. Recently Apple has enlisted a code of conduct that is acknowledged to all its operations, including those overseas. Apple has created a stronger structure to its policies regarding corporate governance, director conflict of interest, and guidelines conduct. Apple’s has been able to keep its labor cost low by outsourcing its product to third world nation in order to manufacture their goods at a lower labor cost. Even though it is more difficult to enforce these guidelines and conducts, apple still manages to get its suppliers to sign “supplier code of conducts”. They also audit...
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...conscious manufacture who is committed to shaped its assembly line by making it energy-efficient and using more renewable energy as well.
This is a new change for Apple because in the past they were indifference to environmental concerns. Also the company’s other initiatives to decrease its greenhouse gas emissions, and now Apple becoming a a leader in the environmental friendly production. Ultimately, this is going have a positive effect on apple in two different aspects. If apple invests decides to invest its capital expenditures in creating more ecofriendly infrastructure, this will have a positive effect on their financial statements because it will help Apple cut down on expenses in the long run. Also this will also have a positive reflection on the company’s corporate social responsibility which is becoming a major role player for a company’s sustainability.
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