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Let’s Put Ethics into the Biz

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Independent Inspections Pty LtdP: 1300 857 149F: 1300 857 150M: 0402 259 479admin@iigi.com.au

Business Ethics

Risk Management and Lessons Learned, The Ten Minute Argument

By Peter Greenham

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Introduction

IntroductionTrust?Trust as a CommodityHow do you demonstrate

being a responsible business?

United Nations PrinciplesResponsible Business

Rating?Corporate Reporting

Methods?

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Introduction (cont.)

With the low levels of trust within the community there is a demand for transparency in a Changing Landscape in Business operations that impacts the whole of business operations. Trust is now a Economic Driver in determining the integrity of a business. Businesses can use a roadmap to measure and grow their employees to reduce risk.

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Trust

2013 Edelman Trust Barometer Finds a Crisis in Leadership

Less Than One in Five Trust Leaders to Tell the Truth

Less than one in five respondents in the 2013 Edelman Trust Barometer

believes a business or governmental leader will actually tell the truth when confronted with a difficult issue. This

lack of confidence in traditional authority figures was continually reinforced in 2012 against the

backdrop of high-profile scandals involving CEO and government

officials.

http://www.edelman.com/trust-downloads/press-release

/

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Trust is a commodity in the business Ethics puts the gut feel. Dealing with responsible companies back

trust in your employees and your suppliers.

Aristottle who would thin I would quote him? Virtue ethics emphasizes the role of one's character

and the virtues that one's character embodies for determining or evaluating ethical behavior. Virtue ethics is one of the three major approaches to normative ethics, often contrasted to deontology which emphasizes duty to rules and consequentialism which derives rightness or wrongness from the outcome of the act itself. [1]

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How do you Demonstrate Being a Responsible Business?

ISO 26000 is the Standard for Corporate and Social Responsibility and is embedded by United Nations Global Compact Principles.

The UN Global Compact asks companies to embrace, support

and enact, within their sphere of influence, a set of core values in the core areas of :– Human Rights– Labor– Environment– Anti-Corruption

Independent Inspections Pty Ltd is one of 37 Australian companies that has supported the Global Compact

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The United Nations 10 Principles Human Rights Principle 1: Businesses should support and respect the protection of

internationally proclaimed human rights; and Principle 2: make sure that they are not complicit in human rights abuses.  Labour Principle 3: Businesses should uphold the freedom of association and the

effective recognition of the right to collective bargaining; Principle 4: the elimination of all forms of forced and compulsory labour; Principle 5: the effective abolition of child labour; and Principle 6: the elimination of discrimination in respect of employment and

occupation.  Environment Principle 7: Businesses should support a precautionary approach to

environmental challenges; Principle 8: undertake initiatives to promote greater environmental

responsibility; and Principle 9: encourage the development and diffusion of environmentally

friendly technologies.   Anti-Corruption Principle 10: Businesses should work against corruption in all its forms,

including extortion and bribery. 

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Responsible Business Rating?

ISO 26000 Validation of the current company procedures implementation and methodology can work for your organisation. It provides a progressive systematic management approach that encompasses best practice for application , monitoring and communication of progress as a responsible business to the local community and business economy

Businesses depending on size operate at 3 main levels in demonstrating CSR and Sustainability and these can be categorised as: o Basic: May have some community involvement but not

recorded,o Intermediate: Community engagement, records and

reporting,o Advanced: Corporate Reporting to United Nations and GRI

Guidelines

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Carbon FootprintSuppliers that do not manage CO2 will be deselected from ‘Approved Supplier’ List to competitors who have Carbon management plans.The results indicate that companies are making real changes to their operating models, most frequently in procurement, resulting in greater reductions in greenhouse-gas emissions and greater monetary gains across the entire supply chain.The business case is strong and growing suppliers that do not measure, quantify, and manage their greenhouse-gas emissions will soon see their business move to competitors that can provide better information and clearer evidence of change.

Of the 49 Carbon Disclosure Project Supply Chain member companies—the companies who are requesting climate information from their suppliers—90% of responding companies have a climate change strategy with at least general guidelines for procurement, an increase from 79% in 2010 and 74% in 2009. Some 62% reward suppliers that employ employ good carbon-management practices (up from 19% in 2009 and 28% in 2010), 39% will begin deselecting suppliers that do not adopt such measures (compared to 17% in 2009 and 23% in 2010), and 30% factor climate change into their evaluation of suppliers.

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Action Rests with You

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Independent Inspections Pty Ltd

Independent Inspections Pty Ltd

Mr. Peter Greenham

Qualifications:- Diploma of Civil Engineering- Associate Diploma of Laboratory

Operations- Diploma of Quality Management- Diploma of Business- Lead Environmental Auditor- Diploma of workplace training

and Assessment- NATA Asessor

Your Auditors

P: 1300 857 149F: 1300 857 150

Sales Team

Mr. Jonathan Yuen (B.Bus)M: 0419 188 779jyuen@iigi.com.au

Mr. Peter GreenhamM: 0402259479peter@iigi.com.au