CSR, Corp Social Responsibility
PART#3
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Adapted from CAUX Round Table CSR Guide for International Business |
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Principle 1 - RESPECT STAKEHOLDERS BEYOND SHAREHOLDERS |
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A responsible business acknowledges its duty to contribute value to society through the wealth and employment it creates and the products and services it provides to consumers. |
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Our company will be benefiting the society through many ways to ensure that we are providing as much as we can interests such as friendly environment, create jobs and so on. |
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A responsible business maintains its economic health and viability not just for shareholders, but also for other stakeholders. |
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We will be taking a place in our responsibilities that to keep the business sustains and more wealthy for all of our shareholders.
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A responsible business respects the interests of, and acts with honesty and fairness towards, its customers, employees, suppliers, competitors, and the broader community. |
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We will ensure transparency and clarity for our business not just for the interests but also with the acts toward everyone is involve with our business.
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Principle 2 – CONTRIBUTE TO ECONOMIC, SOCIAL AND ENVIRONMENTAL DEVELOPMENT |
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A responsible business recognizes that business cannot sustainably prosper in societies that are failing or lacking in economic development. |
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We will always look to prosper in societies that allow us the opportunity to grow because of their economic stability. We will also be looking to prosper in societies of growing economies.
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A responsible business therefore contributes to the economic, social and environmental development of the communities in which it operates, in order to sustain its essential ‘operating’ capital – financial, social, environmental, and all forms of goodwill. |
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It is our obligation as a business to be involved with our communities and help these communities with any hindering difficulties they may be facing. Goodwill involvement is a priority to us as a successful business.
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A responsible business enhances society through effective and prudent use of resources, free and fair competition, and innovation in technology and business practices. |
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As a business, it is our duty to incorporate smart and environmentally friendly resources that do not harm any societies. We will also ensure that competition has the same freenes and farines as we do as a business.
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Principle 3 – BUILD TRUST BY GOING BEYOND THE LETTER OF THE LAW |
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A responsible business recognizes that some business behaviors, although legal, can nevertheless have adverse consequences for stakeholders. |
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“Beating the system”, such as finding loopholes may be legal, but it is an immoral way of conducting business and not in the best interest of stakeholders.
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A responsible business therefore adheres to the spirit and intent behind the law, as well as the letter of the law, which requires conduct that goes beyond minimum legal obligations. |
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We will follow what is morally right by abiding by the laws of the land, and the morals which society follows and maintains this includes paying taxes, conserving the environment and much more. We will conduct business according to what society expects from us.
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A responsible business always operates with candor, truthfulness, and transparency, and keeps its promises. |
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We will always disclose to the stakeholders what how our business is conducted on a daily basis, and will notify them of any new developments within the business. It is always in the stakeholders, and our interest to disclose to them the truth. Stakeholder involvement within our company is very important to us.
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Principle 4 –RESPECT RULES AND CONVENTIONS |
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A responsible business respects the local cultures and traditions in the communities in which it operates, consistent with fundamental principles of fairness and equality. |
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It is our duty to adapt to the local way of life and show respect. Operating in a new country demands respect. The local community is a new stakeholder to our business whenever we expand to a new market and it is in our best interest to appease stakeholders.
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A responsible business, everywhere it operates, respects all applicable national and international laws, regulations and conventions, while trading fairly and competitively. |
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Breaking laws is not in the interest of our business. It only hurts us as a company. It upsets stakeholders especially those in the local community and can harm our company to the point of bankruptcy or closure.
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Principle 5 – SUPPORT RESPONSIBLE GLOBALISATION |
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A responsible business, as a participant in the global marketplace, supports open and fair multilateral trade. |
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We prioritize global marketplace trade that is fair toward multilateral trade. We are open to all multilateral trade and we intend to always be fair in our trading activities in the global marketplace.
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A responsible business supports reform of domestic rules and regulations where they unreasonably hinder global commerce. |
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We always put our domestic rules and regulations first, as we abide by these rules and regulations when dealing with global commerce. If other global laws differ from our domestic rules, we must abide by the domestic rules.
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Principle 6 – RESPECT THE ENVIRONMENT |
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A responsible business protects and, where possible, improves the environment, and avoids wasteful use of resources. |
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Our priority is to ensure sustainability through environmental and ecological business functions and processes. We believe that all partner organization must make environmental sustainability an integral part of their production and services. We have done our due diligence to guarantee that our partners are using the most up-to-date methods possible to reduce and diminish the waste of water throughout all their practices.
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A responsible business ensures that its operations comply with best environmental management practices consistent with meeting the needs of today without compromising the needs of future generations. |
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Since we have ensured that all partners are following environmental guidelines, environmental management is of great focus so that can better protect our planet while generating industry values for our suppliers, consumers while maintaining an efficient bottom-line
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Principle 7 – AVOID ILLICIT ACTIVITIES |
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A responsible business does not participate in, or condone, corrupt practices, bribery, money laundering, or other illicit activities. |
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We only disclose true and factual information for our suppliers, consumers and partners and treat all involved with respect which prevents corruption and illicit actions
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A responsible business does not participate in or facilitate transactions linked to or supporting terrorist activities, drug trafficking or any other illicit activity. |
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Our relationships with consumers, suppliers and partners are highly appreciate therefore trust is of top concern and any activity which does not benefit those relationships are abandoned without hesitation
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A responsible business actively supports the reduction and prevention of all such illegal and illicit activities. |
We promise to always be honest and truthful regarding water auctioning practices and answer all questions concerning any illegal activities.
It is a part of our commitment to our partners that we investigate any concerns regarding illicit activities ensuring the highest quality of services for all involved.