M3L4 - SR Principles.pdf - Social Responsibility Principles...

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Social Responsibility Principles Module 3 Lesson 4 In this lesson we will explore the 7 Social Responsibility Principles. 1
SR Principles Slide 2 Lesson Objectives Upon completion of this lesson you will able to : Identify the 7 Social Responsibility Principles to business See how these principles apply to business 2
SR Principles Slide 3 ISO 26000 7 Principles of Social Responsibility (SR) SR Accountability Transparency Ethical Behaviour Respect for Stakeholder Interests Respect for the Rule of Law Respect for Int. Norms of Behaviour Respect for Human Rights As we saw in the previous lessons, ISO26000 is a very important standard to understand CSR. A central part of this standard are the 7 Social Responsibility Principles which every company or organization should respect at all times regardless of location, sector, size or other circumstances; they have a universal character. The principles are: 1. Accountability 2. Transparency 3. Ethical Behaviour 4. Respect for Stakeholder Interests 5. Respect for the Rule of Law 6. Respect for International Norms of Behaviour, and lastly 7. Respect for Human Rights. Let’s see explore these one by one. 3
SR Principles Slide 4 1. Accountability “An organization should be accountable for its impacts on society, the economy and the environment.” “…responsibility and accountability are two sides of the same coin.” Moratis, L. T. and Timo Cochius. ISO 26000 : The Business Guide to the New Standard on Social Responsibility. Routledge, 2011. EBSCOhost. According to ISO26000, the principle of accountability is that “ An organization should be accountable for its impacts on society, the economy and the environment.”. The standard also mentions that “…responsibility and accountability are two sides of the same coin.” But what does accountability mean? Let’s see an example… 4
SR Principles Slide 5 Accountability in Apple This Photo by Unknown Author is licensed under CC BY-NC 18/foxconn-life-death-forbidden-city-longhua-suicide- apple-iphone-brian-merchant-one-device-extract The vast majority of plants that produce the iPhone’s component parts and carry out the device’s final assembly are based in China, where low labour costs and a massive, highly skilled workforce have made the nation the ideal place to manufacture iPhones (and just about every other gadget). And since the first iPhone shipped, the company doing the lion’s share of the manufacturing is Foxconn .

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