THE STANDARD

The GoodCorporation Standard covers 62 areas of management practice, broken down into six sections:

  • Employees
  • Customers
  • Suppliers and subcontractors
  • Community and environment
  • Shareholders or other providers of finance
  • Management commitment

The Standard is divided into stakeholder groups. Stakeholders are the groups of people that are found in and affected by all organisations. This includes employees, customers/consumers, suppliers/contractors and shareholders/owners. It also includes the communities where an organisation is based and the environment which is affected by the organisation’s activities.

The practices in the Standard are designed to meet the general needs of all organisations. However, in some cases, the practices can be re-formulated to meet the specific needs of an organisation. For example a retailer may change the customer wording of the Standard to better reflect the needs of a retail mass market; a charity may change the words of the shareholder section to reflect better the needs of trustees and donors.

Within each stakeholder group there is a set of principles. When condensed these principles fit onto one side of paper and were in fact the founding ‘Charter’ used by GoodCorporation to develop the Standard.

The principles (set out in green font in the Standard document) are backed up by concrete working practices (written in a blue font in the Standard document). These practices are assessed in each organisation that applies to be a ‘GoodCorporation Member’.

To download a copy of The Standard click here.
To download a copy of The Standard in another language click here.