Business Ethics Responsibility and Sustainability
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Added on 2020-11-12
Business Ethics Responsibility and Sustainability
Added on 2020-11-12
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Business EthicsResponsibility andSustainability
Table of ContentsINTRODUCTION...........................................................................................................................11. Discussion of key challenges of corporate responsibility and sustainability for the foodindustry............................................................................................................................................12. Best Practices In Food Manufacturing Sector:............................................................................53. Recommendations for company's business to show its more responsible in food sector............8CONCLUSIONS ............................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness ethics means a study of business policies and the practices which are concernedwith the potential controversial issues like insider trading, corporate governance, discrimination,fiduciary responsibility and corporate social responsibility. Business ethics are often guide bylaws but business ethics provide a basic framework that a business may follow to gain publicacceptance. Business responsibility and ethics in food industry is an important issue since itfocus on ensuring food productions and its safety and making sure that it would not harm healthof the consumers. In this report, key challenges for corporate responsibility and best practicewhich should be followed by food industry in relation to global context are discussed.1. Discussion of key challenges of corporate responsibility and sustainabilityfor the food industryCorporate social responsibility means a approach of business that contributes tosustainable development by bringing social, economic and environmental benefits for allstakeholders of the entity (Crane and Matten, 2016). The CSR have many practices anddefinitions and the way it understood and implemented is differs for each country and company.The concept of the corporate social responsibility is very broad which addresses various topicslike corporate governance, human rights, environmental effects, health and safety, contributionto economic development and working conditions. Whatever the definition of corporate socialresponsibility but its purpose is to drive the changes towards sustainability. CSR are integral partof the strategy and is crucial to drive the growth, productivity and enhancing and protecting thereputation of the companies like Bakkavor Group plc, Iglo Group, United Biscuits, SamworthBrothers etc. It is important to develop a sustainable business in the food industry in the longterm interests of the stakeholders, including customers, suppliers, investors, employees and allthe customers that access to and pick company's food products. Bakkavor Group plc, Iglo Group,United Biscuits, Samworth Brothers etc. have majority of corporate responsibility data which iscurrently limited to their factory site operations in UK. The key challenges of corporateresponsibility and sustainability for the food industry are Food safety and integrity challenges,environmental challenges, workplace challenges and community challenges.These challenges are as follows:1
Food safety and integrity challenges: Passion for food is the core for the business infood industry and this passion is realisable if customers trust the food. It is challenge forcompanies like Iglo Group to not only provide great food for consumers but also meet thehighest standard for safety. For ensuring the safety of food, various inspection, testingand reporting procedures are required. Safety and integrity can be achieve throughmaintaining high standards by ensuring a robust governance process and reporting, bymaintaining and ensuring safety of raw materials and source in line with exactingcustomer requirements and appointing best safety experts in the business which arelinked to relevant industry bodies and external experts (Carroll and Buchholtz, 2014).Food safety and integrity can be achieved through security and quality of supply chain,which include the following areas:1.Threats and vulnerability assessment2.Human rights and people3.Raw material integrity4.Environmental impacts and sustainabilityEnvironmental Challenges: The companies which are engaged in the food industry haveto make the commitment to address the effect of the change in climate and have toundertakes many practical activities and initiatives to reduce its carbon footprint andprotect the environment. As a responsible business entity like United Biscuits, SamworthBrothers etc. which are operating in food industry is recognising its operations that haveboth direct and indirect impact on environment. For operating in the food industry, anbusiness must focus on four main areas that is waste, water, energy efficiency andpackaging. Companies operating in food industries had put in place a process for datacapture across the group to record its performance of waste management and furtherprocesses to capture its emissions of carbon in its factories (Quarshie, Salmi andLeuschner, 2016). They aims to improve its performance on environment with the help ofnumber of sustainable initiatives. One of the company namely Bakkavor Group plc hadinvest in the efficiency programmes relating to the water. They committed toenvironmental efficiency with over 80% of water used in the facility being recycled andthey also won the 'Environmental Leadership Award' at the M & S 'Plan A' Awards.Entity working in food industry have a challenge to frame and implement a energy2
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