BP Corporate Code Of Ethics
BP is a multi-national oil company based out of London, England. Truly an "oil supermajor," BP has more than 115,000 (2006) employees with operations in more than one-hundred countries throughout the world. BP has a corporate slogan that says "beyond petroleum" and such has been the corporation's nature since it adopted the slogan in 2000. They are driven not to simply provide petroleum at a reasonable price, but to go beyond that, researching new forms of energy and providing to customers beyond the automotive motorist. After careful review of its corporate code of conduct, it can be said that this vision not only pertains to BP's product and service, but also to its dedication to maintaining a ethical corporation. They do not only strive to keep themselves on the straight and narrow, but push all of their suppliers, partners, and customers to do the same. They do not only take the high road, they take the highest road.
The concept of a corporate code of conduct is a necessary rule and standard of governance that all corporations should develop and adhere to. The corporate code of conduct (CCC) is something that sets the ethical tone of your place of business. It tells your suppliers, partners, customers, and most importantly, your employees, "This is how we do business." One point made by BP's CEO, Tony Hayward, is that great …show more content…
People come from different backgrounds and cultures. They have varying concepts of what is right and wrong and the grey in between, ethically speaking. The CCC helps people to come to a common ground in regards to business ethics and what is acceptable and what is not. Because your suppliers, employees, partners, and customers' ideas of ethics can vary so much, it is important to have a CCC to hold everyone accountable to a consistent standard. Regardless of the High vs. Low-context culture of your organization, it is good from people to know where they stand. These are some of the benefits of the
The concept of a corporate code of conduct is a necessary rule and standard of governance that all corporations should develop and adhere to. The corporate code of conduct (CCC) is something that sets the ethical tone of your place of business. It tells your suppliers, partners, customers, and most importantly, your employees, "This is how we do business." One point made by BP's CEO, Tony Hayward, is that great …show more content…
People come from different backgrounds and cultures. They have varying concepts of what is right and wrong and the grey in between, ethically speaking. The CCC helps people to come to a common ground in regards to business ethics and what is acceptable and what is not. Because your suppliers, employees, partners, and customers' ideas of ethics can vary so much, it is important to have a CCC to hold everyone accountable to a consistent standard. Regardless of the High vs. Low-context culture of your organization, it is good from people to know where they stand. These are some of the benefits of the