Business Ethics - Ethical Analysis of Saint-Gobain ; iseg ; assignment ;
1. Review of ethical practices and policies.
2. Review Annual Reports relative to the firm's financial stability, changes in its structure, its CSR polices and the interaction among and between stakeholders and non-stakeholders.
3. Profile Board Members and Senior Personnel.
4. Describe any mergers and acquisitions related to unethical or illegal behavior.
5. Review any civil and criminal lawsuits against the company and key personnel.
[...] Mains activities of the group are: Building Distribution which represents 41% of their sales, Flat Glass which represent 12% of their sales, Packaging which represent 10% of their sales, High Performance Materiel which represent 12% of their sales and Construction products which represent 25% of their sales 2. Saint-Gobain Company is present since 1665. In this assignment we will study first the ethical process of Saint-Gobain Company and also its financial situation. Moreover, we will study the profile board member and its mergers and acquisitions of the company. Finally, we will review its civil or criminal lawsuits http://www.saint-gobain.com/en/group http://www.oecd.org/dataoecd/50/36/40206034.pdf Déborah DELIN ISEG/ISM SUP5 1A Déborah DELIN Review of ethical practices and policies. Saint-Gobain Company is a multinational present all around the world. [...]
[...] That was not the first time that Saint-Gobain Company was in a cartel history. So, the European commission decided in 2008 to give a fine of 1.38 billiard to those 4 companies. But, the fine of Asahi were reduced by 50% because they provided additional information and Saint-Gobain's fine was increased by 60% because that was not the first time fort the company which was involves in an illegal cartel activities previously. Saint-Gobain Company is well known in cartel with its division of flat glass. [...]
[...] Nowadays, Saint-Gobain Company has a solid financial situation. Saint-Gobain Company has a social responsibility and sign 1,579 agreements with social partners in 2009. In fact, they signed the Saint-Gobain Development which was set up in 1982 in France in order to help employees and permits for employees to find another position and participate in schemes aimed at reindustrializing and reenergizing the regions. They also signed the Annual convention for European Social Dialogue. They are more than 70 unions' members from European Union, Norway and Switzerland and a restraint committee tries to make decisions throughout the year. [...]
[...] In fact, in some countries employees could be “corrupt” and for some employees, some detailed rules have to be imposed in order to avoid some problems. Loyalty: that requires fairness and honesty when people have connection with their superiors, colleagues, collaborators and external partners. This is very important because loyalty forbidden the search of personal interest which could be in contradiction with group's objectives. That means the respect of internal rules and guideline of the company. Solidarity: that means, each employees are responsible of their environment of work. [...]
[...] Describe any mergers and acquisitions related to unethical or illegal behavior. Déborah DELIN ISEG/ISM SUP5 1A Déborah DELIN 11 We notice that since its creation, Saint-Gobain Company did not have any mergers or acquisitions which are related to unethical or illegal behavior. Just one case in its history was relevant by the European Commission. In fact, in 2005, Saint-Gobain was threaten by the European commission to make a part of the cartel with three others company about the flat glass market. [...]
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