âThe Sustainability Report Card: How to Avoid GreenWashingâ
âThe Sustainability Report Card: How to Avoid GreenWashingâ
âThe Sustainability Report Card: How to Avoid GreenWashingâ
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Compliance-based (code of conduct) vs.<br />
Integrity-based approaches (code of ethics)<br />
Compliance-Based<br />
• Rules, laws<br />
• Conformity with externally imposed<br />
standards<br />
• Prevent criminal misconduct<br />
• Lawyer driven<br />
• Educational approach: policies and rules,<br />
legalistic<br />
• Employee discretion: limited<br />
• Control: auditing<br />
CODE OF CONDUCT<br />
• Specific<br />
• Prescription/directives<br />
• Uniformity<br />
• Enforceable statements of specific<br />
behavior<br />
Integrity-Based<br />
• Values, ethics, guiding principles<br />
• Self-governance <strong>to</strong> chosen standard: self<br />
imposed<br />
• Enable responsible conduct<br />
• Management-driven<br />
• Educational approach: policies and rules,<br />
but also guidelines and awareness<br />
through leadership<br />
• Employee discretion: increased<br />
• Control: accountability, organizational<br />
systems, and decision processes<br />
CODE OF ETHICS<br />
• General<br />
• Values/principles<br />
• Judgment<br />
• “Empowerment and Aspiration”<br />
Source: Sexty, R., Canadian Business and Society, Ethics and Responsibility First Edition (2008), McGraw-Hill Ryerson Limited, Canada