Ethical Issues in Global Business Environment and Professional Career Development

PREPARING FOR A
PROFESSIONAL CAREER

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Ethical issue/challenge faced by companies in global business environment.............................3
Companies handling the issues positively and negatively...........................................................3
Code of conduct assisting in resolving/addressing the issue.......................................................4
Support and Guidance available from the relevant professional bodies/ organisations..............4
Impact of both the code of conduct and professional bodies on the issues.................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................9

INTRODUCTION
Ethical issues are the conflicts or unethical code of conduct done by any business or
individual which leads creates problems in the work place of the business (Jannati, J. and
Nazarpour, D., 2019). Ethical issues create problems in fulfilling the societal needs and wants
and leads to inefficiency in the work environment. There are many ethical issues related to
Global business environment which are due to unequal rights by the company low of integrity
etc prevailing in the global businesses (Gushpantz, T., 2022). This report will cover challenges
and issues and how they affect the companies and how companies affect the issue both positively
and negatively and the how they will find the solutions to the issues etc. Further, it will also
include code of conduct that will assist in resolving the issue and the suggestion the code do to
improve the situation for both a company, communities and individuals. Lastly, identifying the
professional body organisation is best suited to aiding companies deal with the issue.
MAIN BODY
PART-A
Ethical issue/challenge faced by companies in global business environment
Nowadays companies are facing many ethical issues in global business environment and
creates problem for the companies to regulate its business smoothly (Turale, 2020). The main
challenge and issues faced by most of the companies and discussed in this report is
Environmental issue Which is creating problem like climate changes, pollution, sustainability,
water pollutants etc. due to companies waste products and harmful gases which are destroying
the planet or trees and harmful for the health of living beings animals and humans (Belyaeva, Z.,
2018). Most of the companies are depleting the natural resources of the planet which is reducing
the sustainability and ecosystem of the planet (Gushpantz, T., 2022). This issues are affecting the
company’s customers and competitions, technology, and social conditions.
Companies handling the issues positively and negatively
Some companies are handling the issue in a Positive ways by forecasting all the affects by
its expert team related to the environment. Companies like IkE, Unilever, IBM etc are running an
environmental running business for reducing the impact of pollution and other wastages and

preventing all natural resources (Cai, W. and Ye, P., 2020). The companies are producing those
products and services which are eco friendly and does not harm the health of the animals and
humans by using the products and producing the products in a way for removing the wastages for
example using rainwater tanks for storing water for other works, and other solar hot water system
etc (Martinho, and et.al.,2021).
Although some companies are adding to the issues and increasing the negative impact like
producing the products only for profit motive and using short cut ways of producing the products
like increasing the pollution by using cheap machines and involving in products that leads to
more use of natural resources and hazardous for the health of all living beings (San Martín,
2022).
Code of conduct assisting in resolving/addressing the issue
Many companies like Tesco, Ikea, Unilever is using the code of conduct for resolving the
issues of environmental problems that are affecting their performances and reducing the profits.
The companies are following environmental duty and Environmental Protection Act 1994 for
preventing environmental harm that are decreasing their performances (Talukdar, R., 2018). The
companies are following this duty which is compulsory because Government is controlling all
the activities for protecting the natural resources and punishing those industries who are
involving in those facility that affecting the planet.
In this way the companies are using those techniques and tools that are protecting the
environment like saving water, electricity, trees so that it can be available to the future
population due to scarcity of resources and making sustainable use of resources for future
requirements (Mersha, S., 2018). Government of each state and global areas are protecting the
activities of industries for making everyone aware about the environmental law.
Support and Guidance available from the relevant professional bodies/ organisations
The professional bodies and organisation which support and guide different industries
globally so that the peace and collaboration will be maintained and the goals of each industries
fulfil with full efficiency by undertaking eco friendly environment.
The Earthjustice organisation