Employees should be treated with respect

Running head: MANAGEMENT
Governance, Ethics and Sustainability
Name of the Student:
Name of the University:
Author Note:

1MANAGEMENT
Executive Summary:
The report aims at providing an insight into the Code of Conduct of ANZ Bank. Also known as
Australia and New Zealand Banking Group Limited it is a multinational and financial service
company of Australia having its headquarters in Melbourne. In Australia, it is second largest in
terms of assets and third largest in terms of the market capitalization. Recently, the bank has
been going through issues of corporate governance. In one such instance, the bank was found to
manipulate the interest on the short term loans for earning profit. Hence the need for designing
the code of conduct for bank in terms of exploitation, discrimination, corruption, fraudulent and
dishonest behavior, whistleblower protections and enforcement.

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Table of Contents
Code of Conduct:.............................................................................................................................2
A. Discrimination:...........................................................................................................................2
B. Exploitation:................................................................................................................................3
C. Corruption:..................................................................................................................................4
D. Dishonest and Fraudulent Behavior:...........................................................................................5
E. Whistleblower Protections..........................................................................................................7
F. Enforcement................................................................................................................................7
References:......................................................................................................................................9

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When there exists a lot many employees then it is vital to provide either a policy or a
code of conduct. This helps the employees in understanding the things that constitutes the ethical
and the unethical behavior. The code of conduct helps in outlining the black and the white.
Nevertheless, there is no limit to what can be placed in the policy of code of conduct. Banks are
however found to focus on specific areas which are mentioned in the following paragraphs as
parts of the code of conduct.
Code of Conduct:
A. Discrimination:
This implies providing less favorable treatment to someone as a result of protected
attribute (Vickers 2016). Some of the examples of treating a person in a less favorable manner
include providing limited access to other benefits and training, limiting promotion and putting an
end to a person’s employment. The examples of the protected attributes that cannot be the reason
for treating an individual in a less favorable manner include (Jones et al. 2017):
 Relationship, marital or gender status, breastfeeding, pregnancy or responsibilities of
family.
 Gender identity, sexual orientation, gender expression or intersex status
 Color, descent, nationality, race, national origin, religion or ethnicity
 Age and disability.
Mutual respect should be the foundation of developing trust and working in a partnership.
Hence, disrespectful behavior, harassment, discrimination, threatening, abusive or hostile
behavior should not be tolerated. The organization should remember that diversity amongst