Two full days of such a useful training were not just inspiring and interactive, but also full of practical matters, important tools that encouraged us to reflect, think and create new ideas.
Thanks to well-experienced Magnus Enell from Enact, I finally understood the difference between Corporate Social Responsibility and Philanthropy (the latter is more popular in US). Thus, the main difference between them is in the “sustainable” component of the CSR. “Sustainable Development does not mean to set a final goal, sustainable development is a journey”, - Magnus said.
To be efficient on that, corporates should invoke three main components – social, economic and environmental. ISO 14000 will help on that since it stated the methodology called “Plan-Do-Check-Act”. Among other useful instruments, Mr. Enell also noticed ISO 26000, OECD, Global reporting initiative and others. We discussed all of them in detail. But one of the most prominent tool is the UN Guiding Principles on Business and Human Rights, which include “protect-respect-remedy” element and 31 principles. Among these principles, we could found the instruction for business: to have vision, mission, values and goals in every stage of the chain – from supplier to company and from a company to consumers and other stakeholders.
To sum up the first day, I would say next: ecomagination of producer, consumer and prosumer should become the threshold in the company’s journey called sustainable business. To understand deeper what I mean, just don’t be lazy to read the best sustainability report of the year made by… Ericsson!
The second day was devoted to anti-corruption issues and risk management, and started with “The truth about Dishonesty” shown by amazing lecturer Richard Minogue from Septia.
He draw the line between terms “corruption” and “fraud” and emphasized that a trust should become the start point in elimination of these social phenomenon, since Bribe and Bonus always go hand-by-hand…
“What is interesting, fraud and corruption facts often are invisible for other people…” – Richard affirmed.
He stated that it is extremely significant for CEO in any company to be an ethical etalon for his employees.
To eradicate fraud/corruption occasions it is important to cope with person’s motivation (need, pressure), opportunity and rationalization of that.
Thus, there should be exercised the rule of three R:
Reduce opportunities for fraud (controls);
Reward ethical behavior (not only results);
Raise awareness (through communication with staff on values).
The basic statements in the Code of Conduct at any company should include theses on “what we say, what we believe and what we do”.
To prevent and investigate sufficiently the fact of fraud, CEO or any other responsible person(s) should think like a thief.
Generally, the training gave me a lot: new skills, knowledge, and communication.
Thanks to well-experienced Magnus Enell from Enact, I finally understood the difference between Corporate Social Responsibility and Philanthropy (the latter is more popular in US). Thus, the main difference between them is in the “sustainable” component of the CSR. “Sustainable Development does not mean to set a final goal, sustainable development is a journey”, - Magnus said.
To be efficient on that, corporates should invoke three main components – social, economic and environmental. ISO 14000 will help on that since it stated the methodology called “Plan-Do-Check-Act”. Among other useful instruments, Mr. Enell also noticed ISO 26000, OECD, Global reporting initiative and others. We discussed all of them in detail. But one of the most prominent tool is the UN Guiding Principles on Business and Human Rights, which include “protect-respect-remedy” element and 31 principles. Among these principles, we could found the instruction for business: to have vision, mission, values and goals in every stage of the chain – from supplier to company and from a company to consumers and other stakeholders.
To sum up the first day, I would say next: ecomagination of producer, consumer and prosumer should become the threshold in the company’s journey called sustainable business. To understand deeper what I mean, just don’t be lazy to read the best sustainability report of the year made by… Ericsson!
The second day was devoted to anti-corruption issues and risk management, and started with “The truth about Dishonesty” shown by amazing lecturer Richard Minogue from Septia.
He draw the line between terms “corruption” and “fraud” and emphasized that a trust should become the start point in elimination of these social phenomenon, since Bribe and Bonus always go hand-by-hand…
“What is interesting, fraud and corruption facts often are invisible for other people…” – Richard affirmed.
He stated that it is extremely significant for CEO in any company to be an ethical etalon for his employees.
To eradicate fraud/corruption occasions it is important to cope with person’s motivation (need, pressure), opportunity and rationalization of that.
Thus, there should be exercised the rule of three R:
Reduce opportunities for fraud (controls);
Reward ethical behavior (not only results);
Raise awareness (through communication with staff on values).
The basic statements in the Code of Conduct at any company should include theses on “what we say, what we believe and what we do”.
To prevent and investigate sufficiently the fact of fraud, CEO or any other responsible person(s) should think like a thief.
Generally, the training gave me a lot: new skills, knowledge, and communication.
More pictures here
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