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Code of Conduct: Governance, Ethics, and Sustainability

   

Added on  2023-01-18

9 Pages2783 Words94 Views
FinanceLeadership Management
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Running head: GOVERNACE ETHICS AND SUSTAINIBILITY
GOVERNACE ETHICS AND SUSTAINIBILITY
Name of the Student
Name of the University
Author Note
Code of Conduct: Governance, Ethics, and Sustainability_1

1
GOVERNACE ETHICS AND SUSTAINIBILITY
Code of Conduct Discrimination
At National Australian Bank (NAB), people are committed to achieve sustainable
performance and bringing worth to the customers as well as the stakeholders, without
negotiating the values and trusted status and brand image of the organization (Howell 2015).
NAB's Code of Conduct draws on the principles of accountability and ethical behavior that
are probable of every employee of NAB as well as service providers, directors and
consultants. It is believed that all the clients and employees must be treated with admiration,
respect and dignity, and it is also vital that all employees must behave morally and
responsibly in agreement with the Code of conduct and to grow appropriate business
performance across the association. All the employees are motivated to speak up and account
any supposed violation of the Code. Any apprehension about probable breaches of the Code
of conduct or added NAB policies, or solemn instances of unwanted business behavior, can
be lifted through an employee’s People Leader portal, via NAB's People Division, or via
KPMG’s Fair Call, a check service obtainable to all workers as a part of NAB’s
Whistleblower Program. All whistleblower revelation are evaluated by the Whistleblower
Committee Group and raised, as suitable, to the Board Audit Committee. Where behavior
necessities are not fulfilled, there will be negative consequences or penalty. Consequences
may comprise corrective action for example counseling, caution, and impact to presentation
outcome and eligibility criteria for any incentive imbursement during the termination of
employment or execution of any constricting agreement. NAB is committed to the safety and
protection of those creating real disclosures, and will not stand any kind of victimization and
unfavorable consequences such as relegation, discrimination, the sack or other unpleasant
action in retaliation for those authentic disclosures (Underhill et al. 2018). NAB tends to
perform in a professional manner that builds trust, self-confidence and friendliness in
Code of Conduct: Governance, Ethics, and Sustainability_2

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GOVERNACE ETHICS AND SUSTAINIBILITY
customers, employees, suppliers and the society and esteem human rights in custody with the
Group Human Rights Policy.
Code of Conduct Exploitation
NAB commits to prevent misconduct or harassment against any employee or female
employee. They should be treated with respect, fairness and dignity. An instance given is one
of the employees David was at office party and had consumed a lot of alcohol and went out
of his senses. He tried to grab Priya his colleague by her waist and tried to kiss her and passed
erotic comments on her later that night (Crescenzio, Golin and Ott 2015). She raised a
complaint about him in Employee relations via the People Advisory Centre and complained
in the Discrimination and Harassment policy. Therefore, further investigation was conducted
on him and he was terminated from his employment even though it was outside office but it
was a work related function. It was a serious lesson to him and also others which threatened
his career for the rest of his life and ruined his life. People leader of David was subjected with
a caution for failing to make sure alcohol was served sensibly and for not right away dealing
with intolerable behavior of David. Employees are required to obey with the strength and
necessities of all strategies and events, rules and regulations applying to their role. They need
to hold and stay accountable for their actions and remain honest and fair. They need to
comply and commit with the terms and conditions applicable to any product and should not
indulge in any non compliance activity (Dixon 2016). NAB tends to entrust to the legal and
rigid obligations, deliberate pledges and interior standards. They deal with complaints and
reports on beaches and violation of policies in the office and work related issues and proper
investigation and examination are conducted so that fair and honest judgment is made on the
employee done wrong. Justice should be done and fair decision should be made keeping in
mind the level of violation done. NAB tends to behave professionally and ensure to do not
conduct breach of trust for employees, clients or customers.
Code of Conduct: Governance, Ethics, and Sustainability_3

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