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The Corporate Responsibility Code of Conduct

Corporate Responsibility is about how a business accounts for its operations: economic, social and environmental. In essence it is about the management of either positive or negative company impact on employees, suppliers/marketplace, the environment and communities. Below you can explore each of these dimensions in a little more detail.

Environmental
Community
Suppliers & Marketplace
Employees & Workplace

Environmental
The environmental dimension of Corporate Responsibility, supports reduced environmental impact from corporate activity through the implementation of policies and practices. The main areas of environmental focus to achieve a reduced impact are carbon emissions reduction, waste management, recycling and efficient transportation. Environmental impact reduction can be achieved through a reduction in general wastage of resources and optimised usage of materials to support sustainability.

Community
Corporate activity should not be undertaken at the expense of local or global communites and effective Corporate Responsibility policies will support community engagment and the reduction of any negative impacts. Community support may be achieved through sponsorship support for community projects, charitable donations and active investment and involvement in local or global community programmes that are relevant to a company's location, products or services.

Suppliers & Marketplace
A major benefit to sustainability in business and impact of robust Corporate Responsibility policy may be achieved by the use of policies that embed ethical, environmental and social values in procurement, service delivery and marketing/communications. Companies are able to support behavioural change and deliver a positive impact on their customers and suppliers by ensuring that price is not the only determining factor in decision making and policy.

Employees & Workplace
The workplace and employee relations are important to companies not just from a legal and productivity perspective, but also as a catalyst for sustainable business delivery. Corporate responsibility for employee welfare has both a legal and moral/social perspective. The promotion of ethical and sustainable best practice amongst employees helps to support wider behavioural change and aligns corporate policy with the values and aspirations of society.

General Corporate Responsibility Web Links

The following web links are a primary resource for members seeking to better understand Corporate Responsibility.

The UK Government online gateway to Corporate Responsibility

Business Link provides more practical hands on action plans and implementation benefit analysis

Defining Corporate Responsibility, its flaws and development, the linked report is an excellent overview

Tread Lightly - Eurostar Green Travel web pages

BBC Green

If you have a web link that you think will be valuable for other members please send it to Corporate Responsibility@eventia.org.uk