Corporate Social Responsibility: Codes of Conduct and Professional Bodies

Preparing for a
Professional Career

TABLE OF CONTENTS
PART A...........................................................................................................................................3
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1. Introduction of the issue/challenge.......................................................................................3
2. Explaining the code of conduct that can assist in resolving the issue..................................4
3. Discussing the support and guidance available from the relevant Professional Bodies
Organisations...............................................................................................................................4
4. Assessing the impact both the support from Professional bodies and codes of conduct can
have on the issue..........................................................................................................................5
CONCLUSION................................................................................................................................5
PART B...........................................................................................................................................7
CPD Plan.....................................................................................................................................7
REFERENCES................................................................................................................................9

PART A
INTRODUCTION
In this report, ethical business issues along with a contemporary ethical challenge that the
global business environment faces will be assessed. This report will outline the introduction of
the ethical issue of Corporate Social Responsibility and the code of conduct that can help in
resolving or addressing the issue. The report will then examine the support and guidance that
can be gained from the relevant Professional Bodies and the effectiveness of these bodies and
their advices will be examined. Further, the positive and negative impacts will be evaluated
that the suggested code of conduct and support from the Professional Bodies can have on the
issue from the perspective of community as well as the company.
MAIN BODY
1. Introduction of the issue/challenge
One of the most important issue or challenge that the companies have been facing these days is
their adherence to Corporate Social Responsibilities. Corporate Social Responsibility (CSR)
refers to the management concept of organisations in terms of their practices and policies that
they undertake to create a positive influence on the society, environment and world as a whole.
It is the organisation self regulation in which integrates its environmental and social concerns
in the activities and operations of their business. The tremendous rise in awareness among
people for protecting the environment has put a lot of pressure on the businesses to fulfil their
CSR to as it plays a prominent role in the perception of the brand among the customers, the
organisation’s attractiveness to the customers, investors, employees in terms of acquiring and
retaining talented and efficient employees and all these contribute to the overall success of the
business(Latapí Agudelo, Jóhannsdóttir and Davídsdóttir 2019). The company can implement
their CSR efforts by taking environmental initiatives, volunteer projects, doing charity work
and following ethical labor practices. Many manufacturing companies and industries have been
adding to the issue by disposing their wastes in water and their operations also cause air and