Consumer or investors wants to know if the company is doing anything for corporate responsibility or greenwashing their image to seem like they are doing something right. There are more than 50 ratings that consumers can find that companies are actually doing for environment and sustainability. Each rating system have different methodology and criteria. The companies are doing good and bad things simultaneously, they are using under government regulation but with this they are also emitting large amount of gaseous into the atmosphere. Companies misleading their consumers and investors towards Greenwashing about green products, social policies and procedures. Companies can improve their performance if they use transparency and information about environment performance to publicly available.
According to the ' National Oceanographic and Atmospheric Administration' and the data from different Universities shows that there will be a hypoxic dead zone between 7,286 to 8,516 square miles of dead zone in Gulf of mexico this year. Sea storm could affect the size of the dead zone but there is no storm in two weeks of survey. The main reason behind the dead zones is hypoxia and other other biological factors like climate change and weather conditions. There are main other sources which are affecting the waterways like industrial waste, pesticides, raw sewage. These all are occurring because of human.
In dead zones the quality for water decreased and oxygen reduced to small amount. Which causes to fishes, plants and other creatures to die. The large species has to moves from that area. There is only wastage left on those dead zones. These factors affecting the quality of water and production of crabs, oysters and other important fisheries.
Self-Regulation Won't Protect Workers from Exploitation Think Africa Press The voluntary codes of conduct, the ethical trading schemes, and the various industry oversight bodies, all have a role to play in securing worker protection in supply. There are three problems which comes up intuitive, transfer of the cost of compliance and ethical exploitation. In intuitive there is a failure to protect workers from abuse or there is little protection. In "transfer of the cost of compliance" bring markets and suppliers into compliance with standards covering workers environmental and welfare protection. In ethical behavior is the failure of self regulatory authorities to address the wider and most important question of political economy.
Subway said it is phasing out a chemical from its breads that is also found in yoga mats and shoe soles. (Funny how companies can do this once the public gets outraged. It is time to hold all corporate food makers...
Hushpinder Singh Grewal's insight:
According to the CSPI , the amount of azodicarbonamide to its maximum allowable level will have a small risk on human body. But the other substance named as semicarbazide will become a chances of cancer of lungs and blood vessels. The amount that will cause cancer is still unknown. According to the report of WHO, They found out that it could also cause asthma. The level of risk is uncertain and its exposure level. The use of azodicarbonamide in Europe and Australia is banned in food products.
In America it is used in Subways, MC Donald, Starbucks and Arby's to increase the elasticity of bread. The same substance also find in yoga mats and shoe soles. Subways is coming out the azodicarbonamide from breads according to the company.
In this there are some points about that we eliminate the poor nutrients form food and everyone has access to food with high nutrients. 70 percent of the people in USA suffers from obesity and it comes from unhealty eating, unmanageable diets. There is a personal responsibility of all the peoples not to eat junk foods, soft drinks etc.. This will happen only with the collabortion of peoples and food industry. Some believe that there are be some chances of reduces the consumption of unhealthy food like put taxes on junk foods and limit the size of soft drinks in restaurants.
In report on Smoking and Health, it that the reduction in consumption of smoking from 42 percent to 18 percent in young children. This happened only with the restriction and limitation on smoking.
SmartCompany.com.au The ethics of offshoring SmartCompany.com.au Without exception, all the many hundreds of offshore offices of Australian companies that I have personally inspected have been A-grade working environments by Australian standards.
Hushpinder Singh Grewal's insight:
Corporate Responsibility has two points : Ethics of low wages and ethics of working conditions when it comes offshore labour. But if we compare the wages of $ A9000 per year to India or philippines which is $137 dollars per week. which is actually a good salary as compare to their needs. A typical dual income family afford a high quality accommodation. There is a A grade working environment, well maintained and not crowded in offshore offices. Companies have to open their offices in other countries because they have to give low wages to the employees as compared to their own countries employees and many large using the concept of outsourcing. They have their offices in India, china, Philippines and in many other companies also.
The concept of ethical behavior comes if they project leader or managers think that they have to feel guilty about exploiting foreign workers or they feel good that they are help poor countries to fix their poverty. Local people of the countries like Australia and America have to feel that something is taken from them or they have to feel that some good jobs are still exist in their country. Basically the concept of ethics is based on our experience and we have to expand our experience in terms of globalization.
The whole is started in 1994 by Ray Anderson to change each process of interface in sustainable process. They used to concept of random tiles without any pattern which was inspired from nature. With this wastage was reduced and more companies are following their steps. They are collecting the fishing nets and turned into carpets with the help of company Aguafil. They are using the recycled nylon for this purpose.
They have a mission zero plan where they have seven main focus areas which will be completed at the end of 2020. They are now working more towards sustainability and looking forward to expand to other organizations. They are focusing on some issues like wastage, energy, emissions, technical cycles and working on those factors. They are working how they will provide better future for every one.
People trust more machines than human because there is no self interest of machines in any way. Machines just work according to the programming but when there is a need of ethical behavior and to take decision then there is a need of humans because can't take decisions out of their programming. There are so many peoples who trust technology like Google, wikipedia and other information related sites because these never lie to anyone and provide each thing in detail. When the ethical behavior improves, trust in machines will also grow with time.
In countries like Asia people trust businessman but not politicians, but in countries like south Korea people trust Government more than business persons. People usually do not trust those person's who are on higher positions like CEO and leaders.
According to the survey and in Edelman's trust index, countries like brazil who was on the top of in 2011 but it goes to neutral in 2013. The United States who was in distruster in 2011 goes to neutral in 2013.
Genetically improved food is good for human health or not. According to the five studies of the five scientists which done in five different countries. All comes with same conclusion that GM food or improved DNA of crops could result some bad effects on human health. There are some diseases which could lead by this type of food like diabetes, cancer, appetite, Alzheimer’s and decrease immune funtion. Some molecule which are present in improved DNA of wheat could silence the wheat genes and when they enters in human body it could silence our own genes.
These genes could not degraded or broken into human body and found out large tissues in blood, liver and muscle tissues. Scientists are stiil discovering that how they impact on the body. It will take time to find out what will be the result of this food. The one small molecule move from one organism and enter into another. There is no way of predicting how it will behave and its outcome.
The Independent The Wolf of Wall Street doesn't do much for the image of bankers. But there's ...
Hushpinder Singh Grewal's insight:
In this there is a comparison of two movies on moral values and spirit. The first is "'it's a wonderful life " and the other is " the wolf of wall street " and the difference of two movies. In first movie it shows how the person sacrifice his own honeymoon for saving to put customer interest and long-term realtionships for being a better citizen and good clients like a true mans spirit. He also wants to show this movie to his childrens. But in another movie " the wolf of wall street" who did frauds, corruption and told lies to their client in 1990s.
How he misguides people and trained his peoples to told lies in effective way, earned lots of money in short amount of time and offer bribes to police officers.
In last phares there was a short note on surveys and how we can build trust which will help to restore investors. There was a dilemma wheather follow ethical behaviour or code of conduct in professional jobs or not. Some people think that there is a need of flexibility in ethical standards for carrier progression.
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