The document outlines a proposed code of conduct for an organization. It includes five main sections: values and commitments, code of ethics, business policies, corporate social responsibility, and prevention of sexual harassment. The code of conduct establishes principles and rules to guide decisions and ensure the welfare of stakeholders and respect for constituent rights. It addresses issues like conflicts of interest, gifts, communications, conduct, and mechanisms for monitoring, addressing, and penalizing any violations. The overall goal is for the code to create a positive work environment while applying penalties only when necessary.
2. INTRODUCTION
Code of Conduct is Principles, values, standards, or
rules of behavior that guide the decisions,
procedures and systems of an organization in a
way that
(a) contributes to the welfare of its key stakeholders,
and
(b) respects the rights of all constituents affected by
its operations."
3. E.g. –
The coca cola company –
- Acting with Integrity.
- Be honest.
- Follow the law.
- Comply with the Code.
- Be accountable.
4. Proposed Code of Conduct
I. Values and Commitments
II. Code of Ethics
III. Business Policies
IV. Corporate Social Responsibility
V. Prevention of Sexual Harassment
5. I. Values and Commitments
Values
Commitments to
Stakeholders
Honesty
Integrity
Respect
Fairness
Trust
Responsibility
Employees
Customers
Environment
Shareholders
Lenders & investors
Suppliers & other
service providers
The government
6. II. Code of Ethics
Conflict of Interest
Payments and Gifting
Receipt of Gifts
Purchases through suppliers and other service
providers
Political Contributions
7. III. Business Policies
Fair Market Practices
Insider Trading
Accounting Integrity
External Communication
Personal Conduct
Work Ethics
Health-safety-environment
Quality
9. V. Prevention of Sexual Harassment
Unwanted physical contact (touching, molestation)
Sexual Flirtations
Offensive Personal References
Verbal or written harassment (lewd comments,
sexual jokes/SMS)
The display in the workplace of demeaning,
insulting, intimidating, pornographic or other
offensive or derogatory or sexually suggestive
objects, pictures, photographs
10. Monitoring Mechanism to detect Violation
Peer Reviews
Feedback from Stakeholders
Measuring Performance of employees
11. Mechanism to deal with Violation
Implement required changes
Evaluate Findings
Report to senior management
13. Conclusion
So ,
The implementation of these code shall create
positive motivation rather than punitive control,
hereby penalties shall apply only when necessary and
only the extent required by the circumstances.