Business Ethics Standard

As Warren Buffet famously said,
“It takes 20 years to build a reputation and five minutes to lose it. Doing the wrong thing is costly business.”

GoodCorporation's Business Ethics Standard defines a framework for the responsible management of any organisation. It can be used as a guideline for establishing good practice or as an auditing tool to identify strengths and weaknesses in practices and procedures. The management practices it sets out can be evaluated using GoodCorporation's methodology, to determine how responsibly an organisation operates and identify the relevant strengths and weaknesses.

Updated every three years to incorporate the latest in best practice, this framework has been used by GoodCorporation to assess businesses large and small, in more than 80 countries and across a diverse range of sectors including extractives, construction, telecoms, logistics, automotive, defence, pharmaceuticals and finance. It can be used at head office or subsidiary level and the results can be benchmarked against industry or peer-group standards.

The framework covers:

We have been working with GoodCorporation since 2002, conducting assessments of our subsidiaries on a rolling basis.  This has enabled us to develop a clear picture of how our systems work on the ground and ensure that our management philosophy is applied across all our operations on a global basis.

Total Ethics Committee

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