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Corporate Code of Conduct - Essay Example

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Summary
TOPIC: Analysis of the strengths and weaknesses of an existing company's Corporate Code of Conduct and identification of the ethical risks to which the company is subject. The student should develop recommendations to strengthen and /or clarify the current company's code and to improve management strategy to minimize those risks.
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Corporate Code of Conduct
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The Hewlett-Packard Company (NYSE: HPQ), commonly known as HP, is one of the world's largest information technology corporations and is worldwide known for its printers and personal computers. Headquartered in Palo Alto, California, United States, it has a global presence in the fields of computing, printing, and digital imaging, and also provides software and services. Hewlett Packard has reached the US$91.7 billion mark in annual revenue just this 2006. Hewlett Packard is now facing off and accelerating its business weapons to topple the higher ranked competitor called with IBM in order to be acknowledged as one of the best in the realm of world's largest technology vendor in terms of sales.

Hewlett Packard has finally, after many years of painstaking hard work, has been recognized as the No. 1 ranked in terms of worldwide personal computer shipments from its arch rival Dell. Environment. Hewlett Packard has been implementing the best practices in its environment. The company is doing this environmental Code of Conduct by addressing its environmental footprint through by its increased introduction of computer recycling programs and partnerships. The company has good disclosure reporting standard and it produces an environmental report in compliance with the Global Reporting Initiative, a global framework for reporting.

Hewlett Packard has a robust Environment, Health, and Safety (EHS) management system which is patterned on recognized international models like the ISO 14001 and OHSAS 18001. The company has strong performance, as evidenced by the continuously increasing energy efficiency of HP laptops. HP voluntarily participates in beyond-compliance programs including the Energy Star and the PFC Emissions Reduction Partnership. Hewlett Packard has been named as a potentially responsible partner in 15 Superfund remediation sites.

Workplace. Hewlett Packard implements the best practices in its company workplace area. The company is energetically imposing many relevant policies and programs in diversity, labor relations and safety, It has put into actuality its workplace safety program that which also includes ergonomics and job-specific training. Like it competing computer companies, Hewlett Packard is working to reduce and even eliminate work conditions throughout the company's supply chain. Hewlett Packard is expecting its suppliers to have a spotless record in terms labor practices and occupational health and safety.

Hewlett Packard has launched the Supply Chain Social and Environmental Responsibility Program to address in order to comply with this issue. Hewlett Packard's diversity programs includes many affinity groups, outreach efforts and domestic partner benefits. Aside from offering a comprehensive workplace safety program, Hewlett Packard's risk-reduction activities includes personal communication and follow-up with employees. Hewlett Packard's human rights and labor policy includes supporting international human rights and recognition of the rights of employees to organize into labor unions if they choose to do so.

As of the present and it is expected to continue, there is no incidence of labor unrest, safety violations, or discrimination of employees and other affected persons. Hewlett Packard has currently incorporated computer programs so that its products are designed to allow full access by more persons

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