Business-related and Initiatives

Business-related

Within the business community, principles (codes of conduct) have been formulated to call corporations to just and sustainable business decisions, policies, and goals. At times, the desire to walk gently and justly on the earth comes from business leaders themselves. Usually, average citizens and stakeholders, via groups like ICCR (Interfaith Center on Corporate Responsibility, a leader in the global responsibility movement), press companies to be socially and environmentally responsible.

Unlike labor law, corporate codes of conduct do not have any authorized definition. The concept “corporate code of conduct” refers to companies’ policy statements that define ethical standards for their conduct. There is a great variance in the ways these statements are drafted. Corporate codes of conduct are completely voluntary, have different formats, and address any issue. Also, implementation depends totally on the company concerned as shaped by their business ethics and shareholder priorities.

Initiatives

Groups also come together on critical justice issues of the day. Members — usually leaders in their respective fields: religious, governmental, political, educational, military, and so on — share an urgency to work together to bring needed change in the world.

Business-related

  • C169 Indigenous and Tribal Peoples Convention, 1989 Convention concerning indigenous and tribal peoples in independent countries.
  • C182 Worst Forms of Child Labour Convention, 1999 Convention concerning prohibition and immediate action for the elimination of the worst forms of child labour.
  • Ceres Principles (formerly the Valdez Principles) Criteria for assessing environmental performance of companies.
  • Caux Round Table (CRT) Principles for Business Seeks to express a worldwide standard for ethical and responsible corporate behavior.

Equator Principles

  • A framework for financial institutions to manage environmental and social issues in project financing.
  • Global Sullivan Principles of Social Responsibility For businesses, large and small, “to improve quality of life for communities, workers and children with dignity and equality.”
  • ILO Declaration on Fundamental Principles and Rights at Work
    Principles of International Labor Organization.
  • MacBride Principles Corporate code of conduct for U.S. companies doing business in Northern Ireland.
  • Principles for Global Corporate Responsibility: Benchmarks for Measuring Business Performance One of the most comprehensive sets of social and environmental criteria and business performance indicators available.

Initiatives

  • Global Peace Initiative of Women Vision An initiative fostering the spiritual values of global unity, peacebuilding, and the development of all the peoples of the world.
  • Global Zero’s Declaration An initiative focused on creating a world without nuclear weapons.