Barclays Bank Business Law and Ethics - 2424 Words

BUSINESS LAW AND ETHICS Assignmen ( BA 3 ) : Teacher: David Mwaura Date of submission: 13/06/2012 Executive summary: -Introduction†¦ -What is Corporate social responsibility ?... -Introducing Dell †¦ -Csr strategy of Dell†¦ -Environmental responsibility†¦ -Ethics and compliance†¦ -Creating a healthy workplace†¦ -Conclusion†¦ -REFERENCES†¦ BUSINESS LAW AND ETHICS: Introduction: The definition of corporates social responsibility (CSR) previously given by the commission of Europe was: *Company’s†¦show more content†¦Dell can reduce cost by optimizing the consumption of the energy and also help the customers do the same. Nowadays, dell sees a growing number of customers who cares about green issues and also the next generation coming of consumers, employees, information officers and regulators are already aware of the consequences and environmental impact on our planet. Because Dell believes that the following features are fundamental for a great sustainability strategy: →Engaging with stakeholders →prioritizing issues →Developing partners to implement programs →Combining our efforts into a sustainable brain →reporting true and verifiable data →Helping the customers to understand the complexity of sustainability and trying to clarify the confusion about labels. The UN intergovernmental panel on IPCC (Climate change)clarified in its fourth report (in 2007) that a continued greenhouse gas emissions at current rates would obviously cause more warming and lead to many changes in the global climate system †¦Ã¢â‚¬â„¢Ã¢â‚¬â„¢ . The IPCC made that conclusion: All the developed countries would actually have to reduce their gas emission by 10 to 40 % under 1990 levels by the year 2020 and also by 40Show MoreRelatedMicroeconomics Concepts in a UK-Based Organization: A Case Analysis of Barclays1784 Words   |  7 PagesMicroeconomics Concepts in a UK based Organization INTRODUCTION Every organization has to analyze its business environment before making policies and strategies for its day to day operations, marketing and promotional efforts, and competing with the industry rivals (Loudon, Stevens, Wrenn 2004). The key factors of the business environment that affect the business operations of a company include political, economic, technological, environmental, cultural, and demographical factors. In additionRead MoreCulture Practices And Ethics Of The Businesses And The Press1674 Words   |  7 Pagespractices and ethics of the businesses and the press in its relation with public and how it can be improved or changed. The reports by Salz and Leveson will be used as case studies. Their reports demonstrate how businesses have a tendency of interfering in the private matters of the public; this led to customer’s getting agitated and annoyed. The businesses therefore had a downfall and lost the reputation that took them years to build. 2. INTRODUCTION; 2.1 Business morals and ethics are values andRead MoreThe Analysis : The Libor Scandal1310 Words   |  6 PagesExam Essay - Ryan Sylvia The LIBOR or London inter-bank offered rate scandal involved the manipulation of one of the most important figures in the finance world LIBOR. LIBOR is the average interest rate derived from rates submitted by the major banks in London and is used in determining the prices that both individuals and business will pay for loans. The rate itself is indicative of the interest rates that a bank will pay to borrow from another bank. The LIBOR scandal surrounded the intentional understatementRead More Barclays plc: Socially Responsible Corporate Behaviour Essay1646 Words   |  7 PagesBarclays plc: Socially Responsible Corporate Behaviour How does Barclays plc fulfil its obligations to their stakeholders in terms of ethical business practice and socially responsible corporate behaviour? According to The Institute of Business Ethics (cited in MORI, 2003), â€Å"80% of the public believe that large companies have a moral responsibility to society but 61% also thought large companies don’t care†. Why this shocking conclusion? Due to major accounting scandals such as EnronRead MoreBarclays : Libor Scandal And Reforms Essay4002 Words   |  17 Pages BARCLAYS – LIBOR SCANDAL AND REFORMS GROUP 5 NITIN K (G034) NEEMA KAR (G037) AMAN KAUSHIK (G040) ARPITA MATHUR (G044) RANAJOY SEN (G051) MANOJ VANDRANGI (G063) Table of Contents INTRODUCTION 2 BACKGROUND 3 HOW IS LIBOR CALCULATED 3 STAKEHOLDERS 4 EFFORTS TO FIX LIBOR 8 LIBOR REFORMS AND ITS EFFECT ON STAKEHOLDERS 9 CONCLUSION SUGGESTED LESSONS LEARNED 13 INTRODUCTION Barclays Barclays is a multinational banking and financial services company of British originRead MoreEthics, Greed, Psychology Within the Libor Scandal Essay2577 Words   |  11 PagesEthics, Greed, Psychology within the Libor Scandal Ethical dilemmas within the business environment have always garnered considerable attention and reaction from all global stakeholders. Issues such as fraud, insider trading, discrimination, bribery, and compensation are only some of the ethical problems that have disrupted the global financial system. In response to these ethical issues, stakeholders have undertaken various protective measures; for example, businesses have progressedRead MoreThe Global Financial System Is A Web Of Connections1483 Words   |  6 Pagesthe major global banks decide to do can ultimately affect a farmer living in the Democratic Republic of Congo, thousands of miles away from the people that directly or indirectly affected his life. One of those ways that people across the globe are connected are through different financial rates, one of those rates being LIBOR. LIBOR stands for London Inter-Bank Offered Rate. It is one of many benchmarks that banking institutions use to set interest rates for lending between banks (Romano Peluso)Read MoreThe Principle Based Approaches : Deontological And Teleological Approaches2988 Words   |  12 PagesThe concept of ethics has been defined in various ways by different authors and scholars. However, there are some notable common themes in most of the definitions. Velasquez et al. 2009 considered ethics to be individual’s ability to distinguish between right and wrong, good and bad, and acceptable from unacceptable. Flew, 1979 viewed ethics as a set of standards by which people decides to regulate their behavior and distinguish legitimate from illegitimate actions. A standard dictionary has definedRead MoreAssess the Global Role and Local Impact of Multinational Companies.1959 Words   |  8 Pagesand globally, and its role would also be quite significant as it can have a direct influence on an economy, the environment and general effects on society. However, changing the way they run things in order to accom idate society could break there business down and they could eventually have no impact on society so looking at the situation is they impacts worth the change? ‘Theory has evolved over the years regarding social concerns, society’s expectations and corporate responsibility. Indeed, earlyRead MoreCorporate Social Responsibility in Sports3830 Words   |  16 Pagesprogression, explains the emergence of this element, its key ingredients and how sports can be used as a vehicle in order to promote this factor. There are two sides of ethics which are personal and professional which can also be cast in terms of social responsibility. Overall the essay emphasizes that good management is good ethics. 2. Corporate social responsibility Corporate social responsibility refers to the moral and legal accountability on the part of individuals and corporations towards