CODES OF CONDUCT AND CSR of H&M, BMW Corporate Social Responsibility - has become very important in recent years today more and more customers, employees, and the general public are demanding information about whether companies are meeting acceptable standards. ! Essential for the success of a company to act in compliance with the law. economic globalization brought high complexity of legal regulations increase the risk of laws being broken. potential damage to reputation Publicity spreads fast through communication channels. (Internet! Out of control) - by being corporate responsible a company can gain a high competitive advantage: - externally through company’s clean and good reputation - internally through employee engagement •Integration of sustainability throughout the entire value chain creating an added value for the company, the environment and ...view middle of the document...
00 farmers in Bangladesh on their rights since 2008 Be ethical - Implementation of new global anti-harassment policy - Code of ethics - Protecting data Be climate smart - Reduction of green house gas emissions - Promoting energy efficiency in the supply chain
Reduce, reuse, recycle - Collecting used garment in stores for recycling - Producing consumer plastic bags out of recycled plastic Use natural resources responsibly - Using more sustainable cotton, less water - Reducing chemicals in the production - Saving up to 100 million litres of water in the production of denim - Monitoring water quality - Collaboration with the WWF Strengthen communities - Supporting long-term development in Bangladesh - Investing in better health and education of women and children - Collaboration with UNICEF –projects together - Investing in clean drinking water and infrastructure - Strengthening young workers (16+) rights in china
Code of Conduct: "Principles, values, standards, or rules of behavior that guide the decisions, procedures and systems of an organization in a way that (a) contributes to the welfare of its key stakeholders, and (b) respects the rights of all constituents affected by its operations." Code of Conduct - drawn up in 1997, the Code of Conduct builds the basis of H&Ms efforts to make our supply chain more sustainable. - based on (like all of them): - the Universal Declaration of Human Rights - International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work, - the UN Convention on the Rights of the Child - national legislation. 8 sections: • Legal requirements • A ban on child labour • Health and safety • Workers’ rights • Housing conditions • Environment • Systems approach • Monitoring and enforcement
1. LEGAL REQUIREMENTS - all our suppliers and other business partners must, in all their activities, follow the national laws in the countries in which they operate 2. CHILD LABOUR IS NOT ACCEPTED - H&M does not accept child labour (