Presentation clt 28.11.12 1
•Download as PPT, PDF•
0 likes•213 views
The document discusses the UN Guiding Principles on Business and Human Rights (Ruggie Principles), which are a set of universal standards for preventing companies from violating human rights and ensuring remedies. While not legally binding, they provide universally applicable benchmarks that any company can be measured against, potentially facing legal, reputational, or operational risks if not following them. The principles apply to how businesses can directly, indirectly, or through their associations violate human rights like human trafficking. Companies should understand where the principles apply regarding trafficking and implement policies, due diligence, supply chain management and other practices to prevent and remedy violations.
Report
Share
Report
Share
Recommended
SNAPSHOT ON COMPLIANCE
This document summarizes a presentation given by Dr. Igor Máté on the rise of compliance in Central and Eastern Europe. It discusses how regulatory requirements have increased over the past decade due to laws like the US Patriot Act and UK Bribery Act. It also describes how compliance has evolved from a conventional, legal focus to an advanced approach that considers business and social responsibilities. An advanced compliance program aims to build a culture of sound ethics, strengthen governance, and improve competitiveness by addressing expectations of all stakeholders.
CORPORATE GOVERNANCE IN A CHANGING ORGANIZATION
The document discusses strategies for legal and corporate governance departments in changing companies. It recommends aligning the department structure and culture with business needs, deploying resources efficiently through teams, and prioritizing strategic communication and best practices. A SWOT analysis identifies strengths like talent and expertise, as well as weaknesses like resource sharing and flexibility. The department may be organized around key business lines or tasks.
Governance, risk and compliance framework
The document discusses governance, risk, and compliance (GRC) and the importance of an integrated GRC approach. It defines each element - governance oversees business risks, risk management evaluates risks and controls, and compliance ensures processes meet regulations. With increased scrutiny, GRC has become more important for boards and executives to oversee. An integrated GRC approach can streamline initiatives, eliminate redundant costs, and provide a single source of information for all stakeholders.
Smart Regulation 3: Mandatory Social and Environmental Reporting
Presentation given by Filip Gregor (ECCJ lawyer) at the ECCJ/PSE conference on 29 May 2008 in Brussels
Machine Intelligence and the Legal Profession - John O. McGinnis - June 2016 ...
Machine Intelligence and the Legal Profession - John O. McGinnis - June 2016 ...OECD Directorate for Financial and Enterprise Affairs
This presentation by the John O. McGinnis, Northwestern Pritzker School of Law was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htmDisruptive innovations in legal services - James Mancini - OECD Competition D...
Disruptive innovations in legal services - James Mancini - OECD Competition D...OECD Directorate for Financial and Enterprise Affairs
This presentation by the OECD Competition Division was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htmTaxi, ride-sourcing and ride-sharing services – HUFFMAN – June 2018 OECD disc...
Taxi, ride-sourcing and ride-sharing services – HUFFMAN – June 2018 OECD disc...OECD Directorate for Financial and Enterprise Affairs
This presentation by Max HUFFMAN, Professor of Law, Indiana University, was made during the discussion “Taxi, ride-sourcing and ride-sharing services” held at the 65th meeting of the OECD Working Party No. 2 on Competition and Regulation on 4 June 2018. More papers and presentations on the topic can be found out at http://oe.cd/2gs.Introduction to managemen
The document discusses ethics and social responsibility in business. It defines ethics and explains approaches to ethical decision making, including utilitarian, individualism, moral rights, and justice approaches. It also discusses factors that shape ethical choices at the individual manager level and organizational level. The document defines corporate social responsibility and stakeholders, and describes approaches to environmental responsibility and creating an ethical organization through leadership and systems.
Recommended
SNAPSHOT ON COMPLIANCE
This document summarizes a presentation given by Dr. Igor Máté on the rise of compliance in Central and Eastern Europe. It discusses how regulatory requirements have increased over the past decade due to laws like the US Patriot Act and UK Bribery Act. It also describes how compliance has evolved from a conventional, legal focus to an advanced approach that considers business and social responsibilities. An advanced compliance program aims to build a culture of sound ethics, strengthen governance, and improve competitiveness by addressing expectations of all stakeholders.
CORPORATE GOVERNANCE IN A CHANGING ORGANIZATION
The document discusses strategies for legal and corporate governance departments in changing companies. It recommends aligning the department structure and culture with business needs, deploying resources efficiently through teams, and prioritizing strategic communication and best practices. A SWOT analysis identifies strengths like talent and expertise, as well as weaknesses like resource sharing and flexibility. The department may be organized around key business lines or tasks.
Governance, risk and compliance framework
The document discusses governance, risk, and compliance (GRC) and the importance of an integrated GRC approach. It defines each element - governance oversees business risks, risk management evaluates risks and controls, and compliance ensures processes meet regulations. With increased scrutiny, GRC has become more important for boards and executives to oversee. An integrated GRC approach can streamline initiatives, eliminate redundant costs, and provide a single source of information for all stakeholders.
Smart Regulation 3: Mandatory Social and Environmental Reporting
Presentation given by Filip Gregor (ECCJ lawyer) at the ECCJ/PSE conference on 29 May 2008 in Brussels
Machine Intelligence and the Legal Profession - John O. McGinnis - June 2016 ...
Machine Intelligence and the Legal Profession - John O. McGinnis - June 2016 ...OECD Directorate for Financial and Enterprise Affairs
This presentation by the John O. McGinnis, Northwestern Pritzker School of Law was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htmDisruptive innovations in legal services - James Mancini - OECD Competition D...
Disruptive innovations in legal services - James Mancini - OECD Competition D...OECD Directorate for Financial and Enterprise Affairs
This presentation by the OECD Competition Division was made during a roundtable discussion on Disruptive innovations in legal services held at the 61st meeting of the Working Party No. 2 on Competition and Regulation on 13 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/disruptive-innovations-in-legal-services.htmTaxi, ride-sourcing and ride-sharing services – HUFFMAN – June 2018 OECD disc...
Taxi, ride-sourcing and ride-sharing services – HUFFMAN – June 2018 OECD disc...OECD Directorate for Financial and Enterprise Affairs
This presentation by Max HUFFMAN, Professor of Law, Indiana University, was made during the discussion “Taxi, ride-sourcing and ride-sharing services” held at the 65th meeting of the OECD Working Party No. 2 on Competition and Regulation on 4 June 2018. More papers and presentations on the topic can be found out at http://oe.cd/2gs.Introduction to managemen
The document discusses ethics and social responsibility in business. It defines ethics and explains approaches to ethical decision making, including utilitarian, individualism, moral rights, and justice approaches. It also discusses factors that shape ethical choices at the individual manager level and organizational level. The document defines corporate social responsibility and stakeholders, and describes approaches to environmental responsibility and creating an ethical organization through leadership and systems.
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...OECD Directorate for Financial and Enterprise Affairs
This presentation by the OECD Competition Division was made during a roundtable discussion on Commitment Decisions in Antitrust Cases held at the 125th meeting of the OECD Competition Committee on 17 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/commitment-decisions-in-antitrust-cases.htmGRC Fundamentals
A fragmented governance, risk, and compliance (GRC) landscape leaves organizations to sort through a multitude of visions. Blue Hill identifies basic defining characteristics of GRC and how the changing business environment is leading organizations to pay more attention.
Legadex legal compliance
Legal compliance. The importance of availability of legal information for compliance and risk management. Presentation, November 2010, Amsterdam.
Conduct Risk – What Corporates Can Learn From The Financial Sector
Over the last few years the financial services industry has wrestled with the impact of poor conduct. Fines and penalties have soared, franchises have been damaged and the legal and regulatory burden has forced a complete rewriting of business models. As a result there has been a sharpened focus from both a regulatory and governance perspective on “conduct risk” – the pro-active management of anything in which an institution might engage which could impact on customer outcomes, or market integrity. We look into what corporates in other sectors can learn from financial institutions in terms of compliance, culture, governance and ”conduct risk”.
CSR Feb 2015 Sills Egsgard LLP Bulletin
Corporate social responsibility (CSR) standards have evolved to encompass companies' economic, social, and environmental impacts. Non-compliance can result in reputational damage from consumer boycotts, loss of business opportunities as major clients require CSR standards be met, and security risks or social unrest from conflicts with local populations. Companies must implement adequate CSR risk management strategies including policy commitments and due diligence to identify, prevent, mitigate, and address adverse impacts. Legal counsel has an important role in advising on compliance with international CSR standards and managing litigation and other risks.
Ethics Compliance and Governance
This document discusses ethics, governance, and compliance. It begins by defining ethics and discussing the importance of ethical corporate behavior. It then lists various influencers on ethics like legal, political, economic, social, technological, and environmental factors. Next, it provides examples of codes of ethics for both corporate and employee conduct. It discusses the process of ethical decision making. Finally, it discusses concepts like corporate governance, compliance programs, drivers of effective compliance, and tools for compliance risk analysis.
Burden or benefit? The contradictory influences of regulation on small busine...
Burden or benefit? The contradictory influences of regulation on small busine...enterpriseresearchcentre
Regulation can have both enabling and constraining effects on small businesses. It influences businesses directly through compliance requirements, but also indirectly through customers, suppliers and competitors. The effects are complex and depend on how businesses respond. Regulations may enable markets through property rights and stability, motivate compliance, or constrain through costs. For small firms, financial reporting rules aim to balance confidentiality and access to resources, but both options have opportunity costs. Building regulations aimed at safety indirectly constrained one electrical contractor by causing qualified staff to quit. Policy should recognize regulations always have multiple, unintended consequences for small businesses.13 antitrust and regulation
The Alcoa case of 1945 was the first case where the Supreme Court applied the per se rule to find a violation of the Sherman Act based solely on the existence of monopoly power, without evidence of predatory behavior.
73
12. Which of the following is an example of
a vertical merger?
a. A merger between two automobile
manufacturers.
b. A merger between an automobile
manufacturer and a tire manufacturer.
c. A merger between an automobile
manufacturer and a computer software firm.
d. A merger between two tire manufacturers.
B. A vertical merger is between firms at different stages of production, such as a manufacturer and its supplier. Option B is the only example of a vertical merger.
NEMEA Compliance Automation
NEMEA Compliance Center - the most powerful survey creation, management, and reporting solution available. It intuitively collects responses, writes, and produces standardized regulatory compliance reports. In fact, it even supports the use of many different standards at once. Our compliance software has a fully featured user-interface that lets you rapidly compare the laws and regulations that govern your industry and business.
UNGPs and human trafficking
Why do companies need to consider embedding the UN Guiding principles on business and human rights? What is the current status of the UK Modern slavery Act? What other developments are we seeing?
Social resp
The document discusses social responsibility and corporate social responsibility. It states that CSR involves activities like community development, philanthropy, and social education that benefit both businesses and society. Businesses adopt CSR as part of their corporate values and citizenship. CSR activities help organizations hire and retain employees while also contributing to business performance.
Corporate human rights reporting- why and what's needed?
The document discusses the importance and requirements of corporate human rights reporting. It notes that while protecting human rights was traditionally the role of governments, companies now have a responsibility to respect human rights under the UN Guiding Principles on Business and Human Rights. The UK and EU are introducing new regulations requiring large companies to publicly report on their human rights impacts and policies. While small companies are exempt, all companies should adhere to the UN Principles. The document provides guidance on how companies should determine the scope of issues to report on, address complicity concerns, and ensure ongoing performance tracking on human rights.
QUINN Edition 6 Chapter 1.pptx
This document discusses ethics in information technology and business. It outlines learning outcomes related to ethics and social impacts of technology. It also discusses the importance of business ethics, such as gaining community trust, operating consistently, fostering good practices, and avoiding legal and publicity issues. Methods for improving ethics are presented, including appointing an ethics officer, establishing a code of ethics, conducting ethics training, and creating an ethical work environment.
What is Marketing Compliance?
Marketing compliance ensures a company's marketing, advertising, and sales content follows government regulations. Certain industries like banks and lenders are highly regulated to protect consumers. Regulations vary by industry but all must follow standards like prohibiting misleading language. Failing compliance can result in investigations and penalties. Maintaining marketing compliance across all channels and content is important for consumer protection and a company's reputation.
Chapter one (fundamental of business)
Here are four international barriers in trading with examples:
1. Economic barriers - Level of economic development between countries can be a barrier. For example, it is easier for industrialized countries like the US to trade with each other than with less developed countries.
2. Political & legal barriers - Laws and regulations between countries differ. Tariffs imposed by governments can barrier trade. For example, the US-China trade war increasing tariffs on each other's goods.
3. Social & cultural barriers - Differences in culture between countries make it harder to understand customer preferences. For example, advertising must be adapted to different cultural norms.
4. Technological barriers - Variations in technology infrastructure and access between countries pose challenges. For
marketing with responsibilty assignment
The document discusses marketing ethics and codes of conduct. It begins by defining ethics and discussing how ethical behavior can be viewed differently across societies. It then discusses marketing ethics specifically and how various organizations like the AMA have established codes of conduct. The document outlines some common ethical issues marketers may face, such as privacy concerns or exaggerated claims. It also provides examples of ethical dilemmas from companies like Apple and Microsoft. Finally, it discusses various researchers' and organizations' proposed guidelines for ethical marketing and decision making.
VERSION 1Question 1 Ethics is a part of decision makingAns.docx
VERSION 1
Question 1
Ethics is a part of decision making
Answer
at all levels of work and management.
primarily at the upper management levels of an organization.
mostly for policy makers.
that is less important than other decision making processes.
only at that lower levels of organizational management.
Question 2
The ________ focus(es) on firms taking action to prevent and detect business misconduct in cooperation with government regulation.
Answer
United States Sentencing Commission
Defense Industry Initiative on Business Ethics and Conduct
World Trade Organization
United Nations Global Compact
Federal Sentencing Guidelines for Organizations
Question 3
Ethical culture is defined as
Answer
rules, standards, and moral principles regarding what is right or wrong in specific situations.
the establishment and enforcement of ethical codes throughout the organization.
the development of rules and norms that are socially enforced.
the codification of laws to reward organizations for taking action to prevent misconduct.
acceptable behavior as defined by the company and industry.
Question 4
During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?
Answer
Sarbanes-Oxley Act
Federal Sentencing Guidelines for Organizations
Dodd-Frank Wall Street Reform and Consumer Protection Act
Foreign Corrupt Practices Act
Global Sullivan Principles
Question 5
Which of the following is not something a firm might do to encourage organizational ethics and compliance?
Answer
Employee ethics training
Hiring a compliance officer
Ignoring potential ethical issues
Writing a code of ethics
Conducting an ethics and compliance audit.
Question 6
One of the major ethical issues President Obama’s administration focused on was
Answer
decreasing environmental legislation.
deregulation.
tax decreases.
incentives to oil companies.
health care and consumer protection
Question 7
According to the role of ethical culture in performance, all of these are drivers of profit except
Answer
trust.
investor loyalty.
employee commitment.
customer satisfaction.
opportunity for misconduct.
Question 8
Which represented a far-reaching change to organizational control and accounting systems, making securities fraud a criminal offense?
Answer
Council on Economic Priorities and Social Accountability 8000.
Sarbanes-Oxley Act.
Consumer Protection Act.
Defense Industry Initiative on Business Ethics and Conduct.
Dodd-Frank Wall Street Reform and Consumer Protection Act.
Question 9
In ascending order, Carroll's four levels of social responsibility are
Answer
ethical, legal, economic, philanthropic.
economic, ethical philanthropic, legal.
economic, legal, ethical, philanthropic.
legal, ethical, economic, philanthropic.
ethical, legal, moral, economic.
Question 10
The term used to express how a firm meets its stakeholder expectati ...
International Standards - fragile situations
The document provides an overview of key international standards for responsible business conduct in conflict-affected and fragile environments. It discusses challenges to implementing the standards, and outlines several major standards and guidance documents, including:
1) The UN Guiding Principles on Business and Human Rights, which establish a global standard for preventing and addressing adverse human rights impacts.
2) The OECD Guidelines for Multinational Enterprises and related guidance, which provide principles for responsible business conduct on issues like human rights, labor, and anti-corruption.
3) The UN Global Compact and related guidance on responsible business in conflict areas, which guide companies on operating in a way that respects human rights, labor, environment, and
The Business of Traffick in Humans workshop
The document summarizes a workshop on applying the UN Guiding Principles on Business and Human Rights (UNGPs) to combat human trafficking. It discusses how the UNGPs establish universal standards for companies to prevent human rights violations and ensure victims have access to remedies. It notes how various jurisdictions are implementing measures aligned with the UNGPs, and outlines how companies can operationalize the UNGPs by addressing risks, procedures, supply chains, training, and reporting.
Strategy,ethics and social respsonsibility
This document discusses strategy, ethics, and social responsibility. It begins with a quote from economist Milton Friedman that the sole social responsibility of business is to increase profits through legal means. The document then provides a roadmap of topics to be covered, including the linkage between strategy and ethics/social responsibility. It discusses the concept of business ethics and different categories of management morality. Finally, it examines approaches to managing a company's ethical conduct, from an unconcerned approach to an ethical culture approach.
Applying the UN Guiding Principles on business and human rights in the fight ...
Summary slideshare of detailed paper available at www.financingagainsttrafficking.org.
The UN Guiding Principles on business and human rights are seen as a game changer. How do they apply to human trafficking? What should business be doing to reduce the risks of human trafficking in their supply chain?
Impact of ethics on business
Ethics impact in business, Ethical issues in capitalism and market
systems, Ethics and social responsibility, Ethics and marketing,
Ethics in finance, Ethics in human resource, Ethics in information
technology, Intellectual property rights, Designs, Patents, Trademarks
and copyrights.
More Related Content
What's hot
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...OECD Directorate for Financial and Enterprise Affairs
This presentation by the OECD Competition Division was made during a roundtable discussion on Commitment Decisions in Antitrust Cases held at the 125th meeting of the OECD Competition Committee on 17 June 2014. More papers, presentations and contributions from delegations on the topic can be found out at www.oecd.org/daf/competition/commitment-decisions-in-antitrust-cases.htmGRC Fundamentals
A fragmented governance, risk, and compliance (GRC) landscape leaves organizations to sort through a multitude of visions. Blue Hill identifies basic defining characteristics of GRC and how the changing business environment is leading organizations to pay more attention.
Legadex legal compliance
Legal compliance. The importance of availability of legal information for compliance and risk management. Presentation, November 2010, Amsterdam.
Conduct Risk – What Corporates Can Learn From The Financial Sector
Over the last few years the financial services industry has wrestled with the impact of poor conduct. Fines and penalties have soared, franchises have been damaged and the legal and regulatory burden has forced a complete rewriting of business models. As a result there has been a sharpened focus from both a regulatory and governance perspective on “conduct risk” – the pro-active management of anything in which an institution might engage which could impact on customer outcomes, or market integrity. We look into what corporates in other sectors can learn from financial institutions in terms of compliance, culture, governance and ”conduct risk”.
CSR Feb 2015 Sills Egsgard LLP Bulletin
Corporate social responsibility (CSR) standards have evolved to encompass companies' economic, social, and environmental impacts. Non-compliance can result in reputational damage from consumer boycotts, loss of business opportunities as major clients require CSR standards be met, and security risks or social unrest from conflicts with local populations. Companies must implement adequate CSR risk management strategies including policy commitments and due diligence to identify, prevent, mitigate, and address adverse impacts. Legal counsel has an important role in advising on compliance with international CSR standards and managing litigation and other risks.
Ethics Compliance and Governance
This document discusses ethics, governance, and compliance. It begins by defining ethics and discussing the importance of ethical corporate behavior. It then lists various influencers on ethics like legal, political, economic, social, technological, and environmental factors. Next, it provides examples of codes of ethics for both corporate and employee conduct. It discusses the process of ethical decision making. Finally, it discusses concepts like corporate governance, compliance programs, drivers of effective compliance, and tools for compliance risk analysis.
Burden or benefit? The contradictory influences of regulation on small busine...
Burden or benefit? The contradictory influences of regulation on small busine...enterpriseresearchcentre
Regulation can have both enabling and constraining effects on small businesses. It influences businesses directly through compliance requirements, but also indirectly through customers, suppliers and competitors. The effects are complex and depend on how businesses respond. Regulations may enable markets through property rights and stability, motivate compliance, or constrain through costs. For small firms, financial reporting rules aim to balance confidentiality and access to resources, but both options have opportunity costs. Building regulations aimed at safety indirectly constrained one electrical contractor by causing qualified staff to quit. Policy should recognize regulations always have multiple, unintended consequences for small businesses.13 antitrust and regulation
The Alcoa case of 1945 was the first case where the Supreme Court applied the per se rule to find a violation of the Sherman Act based solely on the existence of monopoly power, without evidence of predatory behavior.
73
12. Which of the following is an example of
a vertical merger?
a. A merger between two automobile
manufacturers.
b. A merger between an automobile
manufacturer and a tire manufacturer.
c. A merger between an automobile
manufacturer and a computer software firm.
d. A merger between two tire manufacturers.
B. A vertical merger is between firms at different stages of production, such as a manufacturer and its supplier. Option B is the only example of a vertical merger.
NEMEA Compliance Automation
NEMEA Compliance Center - the most powerful survey creation, management, and reporting solution available. It intuitively collects responses, writes, and produces standardized regulatory compliance reports. In fact, it even supports the use of many different standards at once. Our compliance software has a fully featured user-interface that lets you rapidly compare the laws and regulations that govern your industry and business.
What's hot (9)
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...
Commitment Decisions in Antitrust Cases - Satoshi Ogawa - OECD Competition Di...
Conduct Risk – What Corporates Can Learn From The Financial Sector
Conduct Risk – What Corporates Can Learn From The Financial Sector
Burden or benefit? The contradictory influences of regulation on small busine...
Burden or benefit? The contradictory influences of regulation on small busine...
Similar to Presentation clt 28.11.12 1
UNGPs and human trafficking
Why do companies need to consider embedding the UN Guiding principles on business and human rights? What is the current status of the UK Modern slavery Act? What other developments are we seeing?
Social resp
The document discusses social responsibility and corporate social responsibility. It states that CSR involves activities like community development, philanthropy, and social education that benefit both businesses and society. Businesses adopt CSR as part of their corporate values and citizenship. CSR activities help organizations hire and retain employees while also contributing to business performance.
Corporate human rights reporting- why and what's needed?
The document discusses the importance and requirements of corporate human rights reporting. It notes that while protecting human rights was traditionally the role of governments, companies now have a responsibility to respect human rights under the UN Guiding Principles on Business and Human Rights. The UK and EU are introducing new regulations requiring large companies to publicly report on their human rights impacts and policies. While small companies are exempt, all companies should adhere to the UN Principles. The document provides guidance on how companies should determine the scope of issues to report on, address complicity concerns, and ensure ongoing performance tracking on human rights.
QUINN Edition 6 Chapter 1.pptx
This document discusses ethics in information technology and business. It outlines learning outcomes related to ethics and social impacts of technology. It also discusses the importance of business ethics, such as gaining community trust, operating consistently, fostering good practices, and avoiding legal and publicity issues. Methods for improving ethics are presented, including appointing an ethics officer, establishing a code of ethics, conducting ethics training, and creating an ethical work environment.
What is Marketing Compliance?
Marketing compliance ensures a company's marketing, advertising, and sales content follows government regulations. Certain industries like banks and lenders are highly regulated to protect consumers. Regulations vary by industry but all must follow standards like prohibiting misleading language. Failing compliance can result in investigations and penalties. Maintaining marketing compliance across all channels and content is important for consumer protection and a company's reputation.
Chapter one (fundamental of business)
Here are four international barriers in trading with examples:
1. Economic barriers - Level of economic development between countries can be a barrier. For example, it is easier for industrialized countries like the US to trade with each other than with less developed countries.
2. Political & legal barriers - Laws and regulations between countries differ. Tariffs imposed by governments can barrier trade. For example, the US-China trade war increasing tariffs on each other's goods.
3. Social & cultural barriers - Differences in culture between countries make it harder to understand customer preferences. For example, advertising must be adapted to different cultural norms.
4. Technological barriers - Variations in technology infrastructure and access between countries pose challenges. For
marketing with responsibilty assignment
The document discusses marketing ethics and codes of conduct. It begins by defining ethics and discussing how ethical behavior can be viewed differently across societies. It then discusses marketing ethics specifically and how various organizations like the AMA have established codes of conduct. The document outlines some common ethical issues marketers may face, such as privacy concerns or exaggerated claims. It also provides examples of ethical dilemmas from companies like Apple and Microsoft. Finally, it discusses various researchers' and organizations' proposed guidelines for ethical marketing and decision making.
VERSION 1Question 1 Ethics is a part of decision makingAns.docx
VERSION 1
Question 1
Ethics is a part of decision making
Answer
at all levels of work and management.
primarily at the upper management levels of an organization.
mostly for policy makers.
that is less important than other decision making processes.
only at that lower levels of organizational management.
Question 2
The ________ focus(es) on firms taking action to prevent and detect business misconduct in cooperation with government regulation.
Answer
United States Sentencing Commission
Defense Industry Initiative on Business Ethics and Conduct
World Trade Organization
United Nations Global Compact
Federal Sentencing Guidelines for Organizations
Question 3
Ethical culture is defined as
Answer
rules, standards, and moral principles regarding what is right or wrong in specific situations.
the establishment and enforcement of ethical codes throughout the organization.
the development of rules and norms that are socially enforced.
the codification of laws to reward organizations for taking action to prevent misconduct.
acceptable behavior as defined by the company and industry.
Question 4
During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?
Answer
Sarbanes-Oxley Act
Federal Sentencing Guidelines for Organizations
Dodd-Frank Wall Street Reform and Consumer Protection Act
Foreign Corrupt Practices Act
Global Sullivan Principles
Question 5
Which of the following is not something a firm might do to encourage organizational ethics and compliance?
Answer
Employee ethics training
Hiring a compliance officer
Ignoring potential ethical issues
Writing a code of ethics
Conducting an ethics and compliance audit.
Question 6
One of the major ethical issues President Obama’s administration focused on was
Answer
decreasing environmental legislation.
deregulation.
tax decreases.
incentives to oil companies.
health care and consumer protection
Question 7
According to the role of ethical culture in performance, all of these are drivers of profit except
Answer
trust.
investor loyalty.
employee commitment.
customer satisfaction.
opportunity for misconduct.
Question 8
Which represented a far-reaching change to organizational control and accounting systems, making securities fraud a criminal offense?
Answer
Council on Economic Priorities and Social Accountability 8000.
Sarbanes-Oxley Act.
Consumer Protection Act.
Defense Industry Initiative on Business Ethics and Conduct.
Dodd-Frank Wall Street Reform and Consumer Protection Act.
Question 9
In ascending order, Carroll's four levels of social responsibility are
Answer
ethical, legal, economic, philanthropic.
economic, ethical philanthropic, legal.
economic, legal, ethical, philanthropic.
legal, ethical, economic, philanthropic.
ethical, legal, moral, economic.
Question 10
The term used to express how a firm meets its stakeholder expectati ...
International Standards - fragile situations
The document provides an overview of key international standards for responsible business conduct in conflict-affected and fragile environments. It discusses challenges to implementing the standards, and outlines several major standards and guidance documents, including:
1) The UN Guiding Principles on Business and Human Rights, which establish a global standard for preventing and addressing adverse human rights impacts.
2) The OECD Guidelines for Multinational Enterprises and related guidance, which provide principles for responsible business conduct on issues like human rights, labor, and anti-corruption.
3) The UN Global Compact and related guidance on responsible business in conflict areas, which guide companies on operating in a way that respects human rights, labor, environment, and
The Business of Traffick in Humans workshop
The document summarizes a workshop on applying the UN Guiding Principles on Business and Human Rights (UNGPs) to combat human trafficking. It discusses how the UNGPs establish universal standards for companies to prevent human rights violations and ensure victims have access to remedies. It notes how various jurisdictions are implementing measures aligned with the UNGPs, and outlines how companies can operationalize the UNGPs by addressing risks, procedures, supply chains, training, and reporting.
Strategy,ethics and social respsonsibility
This document discusses strategy, ethics, and social responsibility. It begins with a quote from economist Milton Friedman that the sole social responsibility of business is to increase profits through legal means. The document then provides a roadmap of topics to be covered, including the linkage between strategy and ethics/social responsibility. It discusses the concept of business ethics and different categories of management morality. Finally, it examines approaches to managing a company's ethical conduct, from an unconcerned approach to an ethical culture approach.
Applying the UN Guiding Principles on business and human rights in the fight ...
Summary slideshare of detailed paper available at www.financingagainsttrafficking.org.
The UN Guiding Principles on business and human rights are seen as a game changer. How do they apply to human trafficking? What should business be doing to reduce the risks of human trafficking in their supply chain?
Impact of ethics on business
Ethics impact in business, Ethical issues in capitalism and market
systems, Ethics and social responsibility, Ethics and marketing,
Ethics in finance, Ethics in human resource, Ethics in information
technology, Intellectual property rights, Designs, Patents, Trademarks
and copyrights.
Access to Remedy – International Frameworks & Options
Jon Barnes, Institute for Human Rights and Business & Myanmar Centre for Responsible Business
3rd June 2015
Lecture 13 oveview of etichs, fraud, and internal control- james a. hall boo...
What are ethics, why business ethics are necessary, how ethics , fraud and internal control relate to each other,
Human rights proforestpillarii_ld_edit (2)
The document outlines the corporate responsibility to respect human rights according to the UN Guiding Principles on Business and Human Rights. It discusses that the responsibility to respect is a global standard that requires all businesses to avoid infringing on human rights and address any adverse impacts. It also describes the key expected actions for companies which include establishing a human rights policy, conducting human rights due diligence to identify, prevent and mitigate risks, and providing remedy for any adverse impacts.
Human rights proforestpillarii_draft1
The document outlines the corporate responsibility to respect human rights according to the UN Guiding Principles on Business and Human Rights. It discusses that the responsibility requires businesses to avoid infringing on human rights and address any adverse impacts. It also explains that businesses are expected to implement appropriate human rights policies, conduct due diligence to assess risks, and establish processes for remediation. Specifically, companies should make a public commitment, embed respect for human rights into their culture, assess potential impacts, take action to prevent impacts, track their performance, communicate their efforts, engage with stakeholders, and provide remedy for any negative impacts.
Csr Briefing 090910s
Preventing discrimination & harassment in the workplace - by Roddy Shaw, Principal Consultant of Diversity Factor at CSR Wednesday Briefing organized by CSR-Asia
Human rights and business: compliance and beyond
The regulatory landscape on human rights compliance is changing. There are greater requirements for disclosure and companies having proper due diligence procedures in place. The UN Guiding Principles on business and human rights, although not a legal framework, is set to be a gamechanger.
Ethical and unethical business practices
An Infosys employee provided testimony to a US Senate subcommittee alleging unethical practices by Infosys related to visa fraud. The employee accused Infosys of intentionally violating visa and tax laws to increase revenues. Specifically, he said Infosys used B-1 visas to bring relatively inexperienced Indian workers to the US for projects instead of H-1B visas. Infosys then charged US client rates but paid the workers lower Indian salaries without paying US taxes. Infosys denied the allegations. The testimony has led to a probe by US authorities into Infosys' visa practices.
Similar to Presentation clt 28.11.12 1 (20)
Corporate human rights reporting- why and what's needed?
Corporate human rights reporting- why and what's needed?
VERSION 1Question 1 Ethics is a part of decision makingAns.docx
VERSION 1Question 1 Ethics is a part of decision makingAns.docx
Applying the UN Guiding Principles on business and human rights in the fight ...
Applying the UN Guiding Principles on business and human rights in the fight ...
Access to Remedy – International Frameworks & Options
Access to Remedy – International Frameworks & Options
Lecture 13 oveview of etichs, fraud, and internal control- james a. hall boo...
Lecture 13 oveview of etichs, fraud, and internal control- james a. hall boo...
More from Ardea International
Legal Tech for sustainability governance
How can legal tech advance sustainability governance? This presentation explores what we mean by sustainability governance
ISO14001: what do the key changes mean for business and how should organisati...
Organisations that wish to implement ISO14001 or retain certification will have to understand the key changes to the standard. The briefing also covered how to demonstrate compliance with the new 'compliance obligations'
What do the changes to ISO14001 mean for business?
The document summarizes the key changes between the existing ISO 14001 standard and the revised version. Some of the major changes include a stronger focus on leadership and strategic planning, broader consideration of environmental context and stakeholder needs, specific commitments to sustainable development, extending environmental management to suppliers, and an increased emphasis on compliance, risk, and performance tracking. The revisions require a more holistic and process-oriented approach to environmental management.
Measuring ROI of sustainability in the sports sector- preliminary findings
During 2014 we extended our pilot study on measuring Return on Investment( ROI) on sustainability measures in the sports industry. This presentation at the BASIS conference in Cardiff presents some of the preliminary findings and conculsions
What are the legal obligations under the EU Directive on mandatory reporting?
What are the legal obligations under the EU Directive on non-financial reporting? How do these differ from current UK regulations?
Sustainability sports study. edit
Why is RoI from sustainability important to the sports industry? We are extending our pilot study- here are more details about the research and how you can get involved
Ethics of volunteering
What are the ethics of volunteering? How can this relate to sport? What is the impact of CSR programmes on volunteering? This outline is from a presentation to BASIS in 2012 and raises questions for companies and individuals about volunteerism
CSRand the law 2014 (no notes) 2
This presentation covers a legal perspective of CSR and potential liabilities for companies and directors. The emphasis on CSR being voluntary may have characterised the mainstream approach to CSR prior to the turn of the millennium. This is no longer the case
2013: what happened? A summary on corporate sustainability
This document summarizes corporate sustainability trends in 2013. Key points include:
- Top management leadership is important for embedding sustainability in corporate strategy and governance. Customers are also pushing companies to address sustainability issues like the environment and working conditions.
- With lack of government action, NGOs have increased pressure on companies for transparency on issues like carbon emissions. Stock exchanges also began requiring sustainability reporting. Shareholders filed more proposals on social and environmental risks.
- Mandatory reporting increased in many places. New sustainability reporting standards were introduced to focus on material issues and provide information to investors. However, corporate risk management still often fails to incorporate sustainability risks.
- Issues like resource shortages, extreme weather, and
The significance of the ICJ decision in Pulp Mills on the River Uruguay for m...
Although the Pulp Mills case was heard in 2010, there is a likelihood that a second case will be brought. It strengthens the case for MNCs to assume a role in the advancement of international environmental law and Business and Human Rights
Sports sector study towards ISO20121 and Return on Investment of Sustainability
A summary of a research project carried out in the UK to measure the financial benefits/ return on investment to organisations in the sporting industry who either have ISO20121 or adopted any alternative sustainability strategy. Full report to be published @CLTenvirolaw
Slideshareersion strategic report regulations guidance for companies and inv...
Environmental, social governance issues have financial implications on how companies recognise, diagnose, manage and disclose their information. The legal and investor angle is discussed, together with how to diagnose the financial risk
A combined solution to compliance and risk management for sustainability repo...
The UK has introduced new regulations for business on how to report. Integration of risk and strategy is key. Diagnostics to help define material social and environmental risk will save costs. Compliance with legal obligations will also be key.
New UK Reporting Regulations in force October 2013: What is a strategic report?
All UK companies, except small ones will be required to produce a strategic report from October 2013. This presentation sets out key requirements and potential director's liabilities for getting it wrong.
What are the legal challenges to sustainable trading
This document discusses the legal challenges of sustainable trading under international and domestic laws. It provides an overview of key frameworks like the WTO and multilateral environmental agreements, and notes conflicts between facilitating trade and protecting the environment. Some challenges identified are fragmentation between legal systems, lack of resources for developing countries, overlapping/conflicting environmental laws, and insufficient mechanisms for disputes and public participation. It concludes that the legal community must help make approaches and legislation more realistic and enforceable to balance trade and sustainable development goals.
Sustainabletradingslides
This document discusses the legal challenges to sustainable trading between nations. It provides an overview of the current legal frameworks that govern international trade, including the WTO and various multilateral environmental agreements. Some of the key challenges identified include the fragmentation and lack of harmony between different legal regimes, developing countries lacking resources to implement policies, and the insufficient nature of the WTO to deal with particular environmental concerns. The document concludes that the legal community must work to make approaches and legislation more realistic and enforceable in order to harness law as a force for achieving sustainable development and trading standards.
The impact of Social Environmental Governance disclosure for investors: closi...
How do investors use environmental social governance information? What investor led initiatives exist? What are the barriers? What are the trends in reporting?
Sustainable event management: A practitione's guide ( workshop for C&IT Forum)
CLT Envirolaw is a consultancy that helps organizations implement ISO 20121, a sustainability management system for event planning and delivery. ISO 20121 provides a global framework to encourage more sustainable events. It applies to all types of organizations involved in event design and delivery. Key aspects of ISO 20121 include emphasis on strategy and context, management of supply chains, continual improvement, leadership commitment, stakeholder communication, and legal compliance. Certification can provide financial benefits like cost savings, improved reputation, and differentiation from competitors. Common barriers to implementation include lack of understanding and buy-in, and perceived complexity.
Sustainabletradingslides
Should more attention be paid to the role of legislation and supply chain management to make trading more sustainable?
Ops forumsustainability presentationslidessept2012
The document discusses strategic approaches to sustainability for businesses, including implementing standards like ISO 20121 and GRI reporting frameworks. It covers topics like the business case for sustainability, regulatory landscape changes, integrating sustainability into operations and supply chains, and reporting on sustainability performance. The presentation provides an overview of sustainability issues, standards, and strategies that businesses in the events sector should consider.
More from Ardea International (20)
ISO14001: what do the key changes mean for business and how should organisati...
ISO14001: what do the key changes mean for business and how should organisati...
What do the changes to ISO14001 mean for business?
What do the changes to ISO14001 mean for business?
Measuring ROI of sustainability in the sports sector- preliminary findings
Measuring ROI of sustainability in the sports sector- preliminary findings
What are the legal obligations under the EU Directive on mandatory reporting?
What are the legal obligations under the EU Directive on mandatory reporting?
2013: what happened? A summary on corporate sustainability
2013: what happened? A summary on corporate sustainability
The significance of the ICJ decision in Pulp Mills on the River Uruguay for m...
The significance of the ICJ decision in Pulp Mills on the River Uruguay for m...
Sports sector study towards ISO20121 and Return on Investment of Sustainability
Sports sector study towards ISO20121 and Return on Investment of Sustainability
Slideshareersion strategic report regulations guidance for companies and inv...
Slideshareersion strategic report regulations guidance for companies and inv...
A combined solution to compliance and risk management for sustainability repo...
A combined solution to compliance and risk management for sustainability repo...
New UK Reporting Regulations in force October 2013: What is a strategic report?
New UK Reporting Regulations in force October 2013: What is a strategic report?
What are the legal challenges to sustainable trading
What are the legal challenges to sustainable trading
The impact of Social Environmental Governance disclosure for investors: closi...
The impact of Social Environmental Governance disclosure for investors: closi...
Sustainable event management: A practitione's guide ( workshop for C&IT Forum)
Sustainable event management: A practitione's guide ( workshop for C&IT Forum)
Ops forumsustainability presentationslidessept2012
Ops forumsustainability presentationslidessept2012
Recently uploaded
Jemison, MacLaughlin, and Majumder "Broadening Pathways for Editors and Authors"
Jemison, MacLaughlin, and Majumder "Broadening Pathways for Editors and Authors"National Information Standards Organization (NISO)
This presentation was provided by Racquel Jemison, Ph.D., Christina MacLaughlin, Ph.D., and Paulomi Majumder. Ph.D., all of the American Chemical Society, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.Leveraging Generative AI to Drive Nonprofit Innovation
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
HYPERTENSION - SLIDE SHARE PRESENTATION.
IT WILL BE HELPFULL FOR THE NUSING STUDENTS
IT FOCUSED ON MEDICAL MANAGEMENT AND NURSING MANAGEMENT.
HIGHLIGHTS ON HEALTH EDUCATION.
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
Wound healing PPT
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Temple of Asclepius in Thrace. Excavation results
The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).
Benner "Expanding Pathways to Publishing Careers"
This presentation was provided by Rebecca Benner, Ph.D., of the American Society of Anesthesiologists, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
Stack Memory Organization of 8086 Microprocessor
The stack memory organization of 8086 microprocessor.
How to Setup Warehouse & Location in Odoo 17 Inventory
In this slide, we'll explore how to set up warehouses and locations in Odoo 17 Inventory. This will help us manage our stock effectively, track inventory levels, and streamline warehouse operations.
BBR 2024 Summer Sessions Interview Training
Qualitative research interview training by Professor Katrina Pritchard and Dr Helen Williams
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
(𝐓𝐋𝐄 𝟏𝟎𝟎) (𝐋𝐞𝐬𝐬𝐨𝐧 𝟏)-𝐏𝐫𝐞𝐥𝐢𝐦𝐬
𝐃𝐢𝐬𝐜𝐮𝐬𝐬 𝐭𝐡𝐞 𝐄𝐏𝐏 𝐂𝐮𝐫𝐫𝐢𝐜𝐮𝐥𝐮𝐦 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬:
- Understand the goals and objectives of the Edukasyong Pantahanan at Pangkabuhayan (EPP) curriculum, recognizing its importance in fostering practical life skills and values among students. Students will also be able to identify the key components and subjects covered, such as agriculture, home economics, industrial arts, and information and communication technology.
𝐄𝐱𝐩𝐥𝐚𝐢𝐧 𝐭𝐡𝐞 𝐍𝐚𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐒𝐜𝐨𝐩𝐞 𝐨𝐟 𝐚𝐧 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫:
-Define entrepreneurship, distinguishing it from general business activities by emphasizing its focus on innovation, risk-taking, and value creation. Students will describe the characteristics and traits of successful entrepreneurs, including their roles and responsibilities, and discuss the broader economic and social impacts of entrepreneurial activities on both local and global scales.
Gender and Mental Health - Counselling and Family Therapy Applications and In...
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
Recently uploaded (20)
Jemison, MacLaughlin, and Majumder "Broadening Pathways for Editors and Authors"
Jemison, MacLaughlin, and Majumder "Broadening Pathways for Editors and Authors"
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
B. Ed Syllabus for babasaheb ambedkar education university.pdf
B. Ed Syllabus for babasaheb ambedkar education university.pdf
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
NEWSPAPERS - QUESTION 1 - REVISION POWERPOINT.pptx
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
Philippine Edukasyong Pantahanan at Pangkabuhayan (EPP) Curriculum
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Presentation clt 28.11.12 1
- 1. Applying the Guiding Principles in the fight against human trafficking Colleen Theron 20.11.2012
- 2. What are the UN Guiding principles/Ruggie principles Set of universal standards Prevent companies violating human rights Ensure adequate redress Not legally binding Universally applicable benchmarks
- 3. Why should company’s know about them? Any company can be measured against them Can be criticized by civil society Risks to companies : • Legal and regulatory • Reputational • Operational
- 4. How can business violate these rights? Directly Indirectly By association Investments Consider how the principles apply to human trafficking
- 5. What can business do to remedy/prevent? Chainchecker Understand the meaning of trafficking What’s included , what is excluded? Second pillar of principles 11-29 set out process guidance Understand where it operates, who it works with, how to do this responsibly
- 6. Some key aspects Policies and Procedures Due Diligence Supply chain management Stakeholder issues Understanding effective integration Reporting Operational level grievance mechanisms
- 7. THANK YOU