Ethics and Sustainability - Doc

Added on - 21 Feb 2021

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Ethics and Sustainability
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Key finding from survey..........................................................................................................12. Significant difference between the sector...............................................................................23. Code of Conduct.....................................................................................................................24. Analysing the way Accounting as a profession can support improvement suggested insurvey...........................................................................................................................................3CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................5
INTRODUCTIONEthics refers to the set of rules and principles that a firm must follow while sustainabilityin business means it has minimal or no impact upon the environment such that a business meetthe triple bottom line. The report main purpose is to determine the importance of ethics andsustainability in business and thus, it identify the key findings from Survey of EmployeesAustralia 2018 with main difference between four subgroups. Further, the study explain thedifference between sector and determine a business Code of Conduct. Lastly, it explain howAccounting supports improvement in the survey.MAIN BODY1. Key finding from surveyFrom the survey, 2268 employees were selected from Australia, New Zealand and UKand four major key findings are found that the majority of employees are in favour that their ownorganization act with honesty i.e. 84% of respondents are in favour. Another finding is only25% of the respondents are aware with misconduct of work and even 44% of people are treatedunethically especially bullying/harassment and safety violation. Further, 65% of them state thatemployee in UK are most likely reported for misconduct and one in 10 employees have feltpressured (especially time pressure) to compromise with ethical standard. The survey alsohighlights positive impact on employees of all comprehensive ethics program and 85% ofemployees in organization work in ethical manner (Kilpatrick and et.al., 2018). Lastly, majorityof them state that line manager set a better example with an ethic program.There are our subgroup in the survey of 2018, in which they all have different viewsrelated to theme such that older employees (from age group and 55+) says that honesty ispractised than other age group while, women (from gender) state that organization actresponsibly in all the dealings as compared to men, Younger age group employees (age group18-34) state that issues are discussed in staff meeting while employees in public or third sectorare more likely to private sector are agree that company lives to its stated policy only. Then theprivate sector people feel pressurized within a company related to the time.Therefore, it clearly shows there is a difference between the views of all the subgroupsbut they all are completely agree that the organization run in an ethical manner. But they privatesector employees state that they feel pressure related to time in their working place.1
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