|
Principle 1 - RESPECT STAKEHOLDERS BEYOND SHAREHOLDERS
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
|
|
|
|
|
|
|
2) Suggest Communication Mode
|
|
|
|
|
|
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
|
|
|
|
|
|
|
Principle 2 – CONTRIBUTE TO ECONOMIC, SOCIAL AND ENVIRONMENTAL DEVELOPMENT
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
|
|
|
|
|
|
|
2) Suggest Communication Mode
|
|
|
|
|
|
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
|
|
|
|
|
|
|
Principle 3 – BUILD TRUST BY GOING BEYOND THE LETTER OF THE LAW
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
Follow all laws, and be honest with consumer, do not be fraudulent.
|
Pay salaries to employees accordingly and fairly. Do not offshore work.
|
Disclose reports detailing the companies issues and finances. Do not lie on the reports
|
Follow all contracts with suppliers and do not shortchange them.
|
No Price fixing, or setting artificially high prices due to monopoly status
|
|
|
2) Suggest Communication Mode
|
|
|
|
|
|
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
|
|
|
|
|
|
|
Principle 4 – RESPECT RULES AND CONVENTIONS
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
|
|
|
|
|
|
|
2) Suggest Communication Mode
|
|
|
|
|
|
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
|
|
|
|
|
|
|
Principle 5 – SUPPORT RESPONSIBLE GLOBALISATION
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
|
|
|
|
|
|
|
2) Suggest Communication Mode
|
|
|
|
|
|
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
|
|
|
|
|
|
|
Principle 6 – RESPECT THE ENVIRONMENT
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
Build and maintain trust among consumers
|
Ensure all management and employees are following environmental guidelines
|
Allow all stakeholders to voice opinion on environmental concerns
|
Ensure suppliers are following standards
|
Have zero association with competitors who are not environmentally ethical
|
Communities concern and education on environmental practices
|
|
2) Suggest Communication Mode
|
Emails, customers service calls, social media
|
Have the management from partners report monthly on employees dedication to environmental policies
|
Have the public relations department of the forum oversee comments, questions and concerns
|
Signed contract and continuous monitoring
|
Avoid relationships with competitors who are not environmentally respectful
|
Qualified staff will provide the training to partners in less educated locations or communities
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
Have incentives for consumers who have been loyal to organizations which demonstrate good environmental practices
|
Reward and acknowledge employees who are acting responsibly on a monthly basis
|
Allow for freedom of speech regarding environmental concerns however set a buffer so that defaming organizations does not transpire
|
Have a reward system set in place for suppliers who follow standards and can benefit from publicity, on a quarterly basis
|
If organizations are dealing with unethical competitors then probation will commence which will limit the promotion of that partnership
|
Training available for new areas of interest so that the communities are up to date on environmental codes of ethics
|
|
Principle 7 - AVOID AND DISCOURAGE UNLAWFUL ACTS
|
1. Customers
|
2. Employees
|
3. Shareholders
|
4. Suppliers
|
5. Competitors
|
6. Communities
|
|
1) CSR Issues
|
Misleading advertising, prices or products
|
Job Quality, stability and employee rights
|
Corruption
|
Bribery
|
Undercutting
|
Illicit activities and political unrest
|
|
2) Suggest Communication Mode
|
Response section on forum website
|
Have a toll free number which is safe for employees can call and obtain advice
|
Have properly trained personnel to deal with customer service
|
Work closely with management and staff for monitoring purposes
|
Hire outside consultants for pricing research purposes
|
Due diligence and experienced in the area/country of partnerships
|
|
3) Structural Implications - Committees, BofD Responsibilties, Outreach, etc.
|
Partners must follow standards and regulations to avoid marketing conflict
|
number which is safe for employees to make a complaint, obtain information, seek guidance or legal representation resources
|
Have clearly defined policies put in place which outlines what is legal, ethical and what is considered unlawful or unethical
|
Complete transparency and require partners to sign a contract which outlines the transactions and requirements
|
Again, transparency is crucial and information will be available for all stakeholders with comparisons
|
Hold quarterly meeting at city hall as a means of updating, responding and obtaining new information from the community regarding issues
|