CSR ETHICS AND SUSTAINABILITY Flashcards
What are ethics?
Set of rules or principles that govern the behaviour of individuals
Why adopt code of ethics?
Maintain professional standards of behaviour of members
Fundamental ethical principles
(OPPIC)
Objectivity
Professional behaviour
Professional competence and due care
Integrity
Confidentiality
Threats to ethical principles
1) Self interest
2) Self review
3) Familiarity
4) Advocacy
5) Intimidation
AAT Disciplinary process for full or fellow members
1) Expelled
2) Membership suspended
3) License withdrawn
4) Be declared ineligible for a practising licence
5)Fellow member status withdrawn
6) Reprimanded
7) Fine
8)Give written undetaking to refrain from repeating the misconduct
AAT Disciplinary process for Affiliate or student members
1) Be declared unfit for full Membership
2) Registration as student withdrawn
3) Reprimanded
4) Fined
5) Debarred from sitting assessments for a period
6) Have assessment declared null and void
7) Give written undertaking to refrain from repeating the misconduct
Sustainability?
Meet needs of present without compromising ability of future generations to meet their own needs
3 Ps of CSR
People profit planet
How to consider 3 ps
1) Recycling policies
2) Virtual meetings rather than physical
3) Encourage non car use
4) Power saving schemes
5) Dealing with other corporations, also dedicated to CSR
How do businesses benefit from CSR?
1) Better rep
2) Employee commitment & morale
3) More business activity
Triple Bottom line reporting
Comsiders environmental, social performance and economic performance. Shows full cost of plans