Code of Conduct

Code of Conduct 0
Code of Conduct
National Australia Bank
Student’s Name
4/28/2019

Code of Conduct 1
Overview
National bank of Australia focuses on sustainable performance and delivering value to the
customers and the stakeholders. It does not compromise with its values and focuses on
maintaining a trusted reputation. The vision of the National Australia Bank is to grow as a
foremost bank in the complete Australian banking industry. To achieve the vision of the
company it deals with its investors in a fair and translucent manner ensuring honesty and
respect for all (National Australia Bank, 2019).
The organization designs its code of conduct along with its corporate values to provide a
broad framework which is to be used by all the associates of National Australia Bank. This
framework will help in guiding and directing the actions, decisions and the behaviour of the
members (National Australia Bank, 2019).
The code describes the standards that all the members of the company have to follow while
performing the professional duties. It is designed for the protection of the members and also
describes the procedures to be followed in case of possibilities of breach of code (National
Australia Bank, 2019).
Following are the principles of code of conduct of National Australian Bank which
necessitates its workforce to use their own decision about the ethical behaviour.
Code of conduct
A code of conduct is a comprehensive set of all the enforceable guidelines those circles out
an assurance of business to provide the standard practice. It will cover the rules and policies
practised by the bank.

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National Australian Bank code and objectives
NAB’s code of conduct shapes the principles of accountability and ethical code of conduct
which is expected from every NAB employee, directors, consultants and contractors. The
organization believes in treating all the employees and customers with respect and dignity
and expects that all the employees will behave responsibly and ethically to achieve the
objectives of the organization. The company adopts the zero-tolerance policy and encourages
the employees to speak up and report any suspected breaches of the code. The organization
takes disciplinary action such as warnings, impact on performance, eligibility for the
incentive payment and termination of employment or contract agreement. It also provides
counselling and warnings (Vashisht, 2017).
The objective of designing code of conduct is to control and ensure that the actions of all the
members are responsible and are ethical to maintain the trust of the public and the confidence
in the National Australian Bank. The company designs a code of conduct to safeguard high-
quality morals of corporate and individual behaviour and conduct business practices
effectively.
Coverage of the conduct
The code of conduct applies to all the members of the organization including the permanent
and temporary employees, directors, consultants and contractors (National Australia Bank,
2019).
The code of conduct protects the principles and values that address the following issues:
Discrimination
According to the equal opportunity act, the condition of discrimination arises when one
person or cluster of individuals are treated in a less favourable manner than the others. The

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discrimination can occur in cultural, physical, economic and national attributes. As per equal
opportunity act 2010, discrimination is done intentionally or non-intentionally on the basis of
personal characteristics which includes origin, race, nationality, sex, age, marital status,
colour, physical features, industrial activity, employment activity, political belief, religious
belief, parental status, disability, and others (Booth and Leigh, 2010)
Various examples of discrimination at the workplace include the unfavourable behaviour of
the supervisor to the other members due to the difference in caste, age, race and other
attributes. The company also dismiss the employees due to ill-health and make promotions
based on gender inequality.
To overcome the discrimination issues the company is loyal towards the prevention of any
practice of discrimination, bullying and harassment with the employees. The company abides
the laws of fair work act 2009 (cth.) and other federal and state discrimination laws to
prohibit discrimination. It is analysed that the senior team makes the formal investigation and
self-resolution for unacceptable behaviour. It is the duty of all the members to maintain a
healthy working environment where all the people work coordinately with mutual respect. It
is considered as the right of the employees to work in an environment that is free from
personal biases and unacceptable behaviour of members (Australian Government, 2018).
Exploitation
Exploitation arises when the superior bodies misbehave with the lower level workforce by
taking the advantage if their position in the organization. The issue of exploitation can occur
in the form of labour or sexual exploitation. The examples of labour exploitation include
isolation with the employees, using abusive language or shifting the rosters to provide
inconvenience to the employees. It also includes any type of abuse for the state of
vulnerability or differential trust for the sexual purpose will be considered as sexual