Principles Of Monsanto

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Recommended: Monsanto business ethics

The Caux Round Table Principles for business has recommendations for the company based on each of the 7 principles to ensure Monsanto embraces a global approach to achieve corporate responsibility. Thorne state “The 7 principles are to respect stakeholders beyond shareholders, contribute to economic, social, and environmental development, respect the letter and the spirit of the law, respect rules and conventions, support responsible globalization, respect the environment, and avoid illicit activities” (Thorne, 2011, p. 450). Business leaders can use these principles to have a successful organization. As a consultant of Monsanto, I can use the first principle to make sure that stakeholders know who produces it, and where it's produced.

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