Corporate Social Responsibility And Ethics Essay

1030 words - 5 pages

Corporate social responsibility and Ethics

Corporate social responsibility​

Sandvik Coromant tries to the best of its ability to be responsible and work in accordance with the way it act, e.g. with sustainability both on a global and local level. It work according to the Sandvik code of conduct. This includes social, employee, equal opportunities, health and safe, management system and sponsoring.

Social responsibility

Being a global company increases the importance of social responsibility, since there are great public concerns about the impact of these companies' activities on home and host countries. For Sandvik, the most important aspect is the responsibility it assume for ...view middle of the document...

During the 1960s, Sandvik also established units in Asia, Africa and Australia. By 1967, Sandvik was established in 35 different countries.
Sandvik's workforce provides a variety of different skills, including expertise in Production, Marketing and Sales, Engineering, R&D, Human Resources, IT, Finance and other areas. This broad range of professional skills is one of its success factors.

Equal opportunities

Sandvik states in its Equal Opportunities Policy that all qualified individuals shall be given the same employment opportunities, without distinction or discrimination based on age, race, color, national origin, religion, gender, disability or other characteristics covered by protection in law.

Diversity and equal opportunity are two important challenges for Sandvik. Today, only 17% of its employees are women. Among managers, 14% are women, among office staff 28% are women and in production 10% are women.

One step toward changing this situation is a new policy stating that there must be at least one female applicant for each new recruitment of a manager.

Health and safety


Environment, health and safety policy:
• Environment, health and safety issues are integral parts of Sandvik's total operations and the company achieves continual improvement in these areas through management by objectives. Sandvik believes that the greatest effect is achieved through preventive actions.
• The company follows an approach that results in long-term sustainable development in its operations. Consequently, Sandvik strives for high efficiency in the use of energy and natural resources, promote systems for recycling and recovery of materials and work to prevent pollution and any work-related illness and injury.
• Sandvik strives to provide a healthy and safe work environment that stimulates employees to perform effectively, to assume responsibility and to continue to develop towards their personal and professional goals.
• Sandvik complies with or exceeds applicable environmental, health and safety, legal and other requirements. The company believes that common and effective environment, health and safety requirements and standards should be established at an international level.
Although the health and safety regulations vary from country to country, Sandvik strive to standardize the internal requirements and procedures to uphold at least a basic Sandvik standard at all units. Each manager...

Other Papers Like Corporate Social Responsibility and Ethics

Business Ethics and Corporate Social Responsibility

5756 words - 24 pages be available on the specified time only. So, it the tutor’s responsibility to contact the course coordinator so the quiz is open in the correct time, - the has a password that should set by and obtained from the course coordinator, - the quiz has a time limit after which the quiz will be closed, and - the quiz will automatically close when the time is up. The snapshot below shows what you will see when you press on the button Attempt quiz now

Ethics and Social Responsibility Essay

1021 words - 5 pages Ethics Reflection Paper Donald Dennis STR581 / David Geerinck 04/21/2015 Ethics and Social Responsibility While looking back the last 15-20 years (the time where I grew up and most impressionable), ethics has taken an important place in corporate America; and not in a good way. In fact ethics has been the center stage in a variety of companies with serious problem

Ethics And Social Responsibility

1223 words - 5 pages Ethics and Social Responsibilities Randall Blow PHL/320 July 14, 2016 Lela Dennis Ethics and Social Responsibility Responsibility is an act whereby an individual or organization is accountable for an action done. An individual or organization ethical responsibility is to act, recognize and interpret on certain values and principles according to given standard that exist in a locality or context (Treviño, et al., 2014

Ethics and Social Responsibility

727 words - 3 pages Ethics and Social Responsibility MGT/498 Strategic Plan, Ethics, and Social Responsibility Ethical values and social responsibility serve an important role in the strategic planning process. According to Milton Freidman, “[t]here is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to

Ethics and Social Responsibility

668 words - 3 pages Ethics and Social Responsibility from the Stakeholder’s View From the stakeholder’s view, the role of ethics and social responsibility in developing a strategic plan is very important because company stakeholders are not only investors but have voting power that can affect the social and financial impact of a company. The voting power does come with a social responsibility to the employees and customers. Stakeholders must consider more than

Ethics Behavior and Social Responsibility

2900 words - 12 pages Ethics Behavior and Social Responsibility International Accounting Member of Group : 1. Rahmawati Yulistya C1I015026 2. Muhamad Ilham Akbar C1I015012 3. Astria Wulan P C1I015013 4. Siffa Sandi Sasmita C1I015025 5. Cita Husna Raisya C1I015026 6. Wulan Nilam Sari C1I015031 7. Karina Aprilia W C1I015037 8. Riyan Ardiyana C1I015043 Jenderal Soedirman University Faculty of Economics and Business

Corporate Social Responsibility

828 words - 4 pages Corporate Social Responsibility and Ethics Stephen M Russell University of Phoenix International Marketing MK 571 Mr. Danny Rubick June 13, 2011 Abstract Ethics is sometimes described as a body of standards or human conduct that governs the behavior of individuals and groups. Corporate social responsibility (CSR) is the way a company manage the business processes to produce and overall positive impact on society. The three

Corporate Social Responsibility

1197 words - 5 pages philosophy and aim towards the same goal. The primary function of Corporate social responsibility is to act as a corporate self-regulating mechanism which in integrated entirely in the business model of a company. The role of this mechanism is to monitors and ensures the company’s compliance to law, ethical standards and international norms. The companies and business bodies would endorse and acknowledge the responsibility for the impact of their

Corporate Social Responsibility

5902 words - 24 pages Corporate Social Responsibility and the Law   EXECUTIVE SUMMARY The collapse of large successful organisations like Enron, Parmalat and Worldcom can be traced back to a lack of Corporate Social responsibility within the organisations, particularly, the clear disregard for business ethics and the lack of strong corporate governance within these organisations. These collapses can be attributed to acts committed by individuals and managers

Corporate Social Responsibility - 1078 words

1078 words - 5 pages to as they say “build the better future”. But are their corporate social responsibility statements effective ways of ensuring that multinational entities act ethically? From my point of viewview, CSR statements do not ensure that practices of companies obey the rules of business ethics and I am going to present a few arguments for. Corporate Social Responsibility is fairly recent termterm and maybe that is why there is no consistent definition

Corporate Social Responsibility - 2057 words

2057 words - 9 pages pursuit of wealth. Bibliography D. Vogel (2007) “The private regulation of global corporate conduct” Business Society, 49(1) pg. 68-87 P. Utting (2005) “Corporate responsibility and the movement of business”, Development in Practice 15 (3/4): 375-88 J. Boatright (1995) “Aristotle Meets Wall street: The Case for Virtue Ethics in Business”, Business Ethics Quarterly, 5(2): 353-359 A. Karnani (2010) “The Case Against Corporate Social

Related Essays

Target Corp. Ethics And Corporate Responsibility

841 words - 4 pages I chose to do my research on the Target Corporation. I feel they have a reputation of service to their customers, employees and community. Target’s mission is great value, the community, diversity and the environment. Target takes 5% of its income and puts back into the community. The Reading and Education Program, The Military and Veteran Support Program and The Social Services Program are just a few of several programs Target Corporation

Ethics And Corporate Responsibility In The Workplace And The World

2448 words - 10 pages Ethics and Corporate Responsibility in the Workplace and the World Law, Ethics, and Corporate Governance Professor Andrea Brvenik August 16, 2014 Stakeholders & PharmaCARE Stakeholders take on many forms and guises depending on the context of the business. Experts write personal definitions and musings on what they feel a stakeholder is, while others disagree and have their own, sometimes conflicting personal findings. It

Ethics And Corporate Responsibility In The Workplace And The World

1607 words - 7 pages Ethics and Corporate Responsibility in the Workplace and the World Mohammad Hawari Dr.  Andrea Brvenik Strayer University Aug.18th.2014 Introduction PharmaCare is a national pharmacy management, staffing, and consulting company , PharmaCare is caring of producing drugs and improve of quality of life . The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs

Ethics And Corporate Responsibility In The Workplace And The World

1658 words - 7 pages Assignment #2: Ethics and Corporate Responsibility in the Workplace and the World This paper will explore the common issues of what a lot of companies face when dealing with employee relations and factors in the reality of some companies that go to the extreme into violating laws to hide illegal practices. These are not isolated cases; these bad practices are more common than we think they are. It really takes a good solid manager to