The statement contributes to the work environment by outlining business values. Employees are to demonstrate honesty in all business transactions and personal dealings with others. They must consistently treat individuals with respect; demonstrate teamwork and the ability to work together. Employees must show innovative approaches to problem solving with a high priority to customer satisfaction. They must also seek continuous improvement in quality, fairness, and compliance to the ethical statement.
A sustaniable human resource management uses various methods and tools to create a global worksforce that trusts the organization and its strategies towards the global sustainability. They ensure that the employees has enough skills and values for implementing sustainability initiatives, and are they motivated properly to achieve the triple bottom line. There are various ways in which human resources can impact corporate social responsibility and triple bottom line. Some of those include proper staffing strategies, training and development on sustainable practises and strategies, motivating employees, provide attractive remuneration, conduct performance appraisals, maintain good labor
Thus, some of the processes, programs, and reports Dell using to identify and measure performance is examined. Performance Measures Dell Computer Corporation believes stakeholders must be given long term value by ensuring the company commits to and integrates economic, social, and environmental sustainability into its business practices (Litten, 2005). Hence, Dell’s commitment to this goal is evidenced by becoming a Ceres company (Fleming, 2006). Ceres is a national coalition of investors, environmental groups, and public welfare organizations assisting companies with sustainability efforts. Thus, Dell was lauded for being the first in the computer industry to partner with Ceres (Fleming, 2006).
Yvon Chouinard is an environmentalist, entrepreneur, and philanthropist, legendary climber, and surfer. He is also a writer, writing essays on outdoor climbing issues and ethics, and more recently publishing a book about mixing environmentalism and sound business practice in corporate policies (Green Economy Initiative, 2011). Chouinard is most noted for his clothing and gear company, Patagonia, Inc., where he has constructed a culture that strives to create an ideal working environment where employees thrive and become more productive at the same time. Patagonia’s environmental ethic is outstanding, having founded 1% For the Planet, an alliance of businesses that contribute at least 1 percent of their net annual sales to approved environmental organizations, and is working to revolutionize supply chain transparency in their company. Sustainable business practices have been at the core of the company since it was founded in the late 1950s – long before sustainability and being “green” became buzzwords.
Lulin says “Good ethical practices are now strategic. Companies who want to be leaders in our 21st century must address them to win trust and keep their license to operate. Innovative thinking, and strong cooperation of the players are required to address the deep ethical challenges of today and of tomorrow” (L’Oréal’s Chief Ethics Officer Recognized for Leadership in Corporate Ethics - L 'Oréal Group, 2016). Lulin emphasizes and enforces respect, integrity courage and transparency. L’Oréal hosts “ethics day, an annual event where employees worldwide can raise questions with the chief executive,” (Q&A: Emmanuel Lulin, L’Oréal’s Chief Ethics Officer, 2013).
Additionally, trust and integrity are at the heart of their core values and culture. According to Hoover & Pepper, (2015), a survey of employee trust and culture proved benchmarking for other companies that aspire to distinguish themselves from other corporations. How trusted companies communicate ethical foundation sets the tone for organizational effectiveness (p.606). Management leaders have
The company also provides equal opportunity for all associates, with no tolerance for discrimination. Moreover, all the associates comply with all the applicable laws, regulations and other employment standards. The company requires their partners, suppliers, contractors, and vendors to support these polices through adherence to our Supplier Code of Conduct. Society: They also invest huge amount of money to deliver potable water, empower women in developing countries, and others charitable contribution throughout the world to make it a better place. Product Responsibility and safety: PepsiCo sustainability report emphasizes their efforts towards consumer health and safety.
Wal-Mart has been a very successful company for many years for a very specific reason. The management listens to the needs and concerns of the community, or in this case, the world. Wal-Mart has done a very good job of overlaying their logistics department with a “green” mission. On their corporate website, there is a special section for “Environmental Sustainability” that outlines just a few of the things that is making Wal-Mart into a company that values green objectives. Outlined are three major sustainability goals: • To be supplied 100% by renewable energy, • To create zero waste, and • To sell products that sustains people and the environment (corporate.walmart.com, 2014).
These efforts are necessary to sustain a long-term ability to create shareholder value, while providing critical benefits to society (Bonini, Koller, & Mirvis, 2009). Effective organizations fully understand the global communities in which they exist and do business. Acquiring this knowledge requires a deeper level of engagement and comprehensive interaction with public, private, and voluntary institutions within community. As a progressive organization, IBM realizes there is a close link between its core values and sustainability and its strategy and purpose. Its corporate... ... middle of paper ... ... IBM understands that community and business must be one for mutual benefit and long-term success.
Furthermore, ethics officer is a part of the company that is responsible for ensuring that a company’s thought process always has values. Business ethics is establishing the values and culture of an organization (Gnazzo, 2011). They are there to preserve these cultures although it’s challenging but rewarding. To preserve the culture of a company it must start with leadership, who are ultimately responsible for the company’s behavior. They should set an example and established culture in a workplace.