According to a study carried out by the Institute of Business Ethics, 71% of the 350 companies listed on the stock market train their employees in the subject of business ethics, instead of 47% in 2004. This organization, which advises companies on corporate responsibility, carries out this survey every three years. (Ref. 080210)
“This is a major step forward for the effectiveness of business ethics in UK businesses” said Philippa Foster Back, director of the Institute of Business Ethics. “We have always said that there is no point having a code of ethics unless someone does something to ensure the staff not only know about the code, but are supported in understanding what the ethical values mean for their organization.” Here are the guidelines of the report:
- Most large businesses have had a code of ethics for more...
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