Purposely includes a set of principles for you to consider that have been developed by a Blueprint for a Better Business. You are free to tailor these, or use a different set of principles altogether. There are a number of different approaches to developing responsible business principles, including the following.
The Institute of Business Ethics
The Institute of Business Ethics has developed a very simple Nine Step Model
for developing and implementing a code of ethics or responsible business principles, which emphasises the importance of the process of developing the principles, as well as the content of the principles. The Institute has also developed a more detailed handbook, called Codes of Business Ethics: A Guide.
A Blueprint for Better Business A Blueprint for Better Business
has set out five simple Principles
for a purpose driven business. These principles are for companies which seek to operate true to a purpose that serves society, respects the dignity of people and, as a result, generates a fair return for responsible investors. The principles are supported by an accompanying Framework which inform the principles.
Business in the Community Business in the Community
published a set of Marketplace Responsibility Principles, as a guide for implementing responsible business practices in medium to large companies
. The principles are designed to provide companies with a structure to identify corporate responsibility issues within the main marketplace relationships and to provide a framework for assessing performance.
Big Society Capital Big Society Capital
expects businesses which it invests into to adopt certain Responsible Business Principles
and to require their investees in turn to adhere to the same principles. The principles are designed to be easy to observe and cover basic expectations about responsible business conduct with respect to employees, customers and the environment. The principles also set out certain proscribed forms of activity which investees of Big Society Capital should not be carrying out.
The UN has developed The Ten Principles of the UN Global Compact
, which are derived from principles set out in the UN Declaration on Human Rights and other major international treaties. The principles are set out at a high level of generality and are then elaborated upon in more detail.
The UN has also developed the UN Guiding Principles on Business and Human Rights, which are specifically designed to aid multinational companies to support international human rights norms.
There are many other examples of statements of responsible principles which have been developed by individual companies to suit their specific circumstances and needs, such as those of Unilever
to give just two examples of those produced by large companies.