Ethical analysis of the corporate code of Canadian solar Inc. company
The Canadian solar Inc. company code of conduct has a clear statement on how the company business has to be managed ethically. The company has stakeholders. The stakeholders include the employees, customers, and even suppliers to the solar Inc. company. Therefore, the stakeholders have interests in the company that range from basic needs, salary, health, and safety, even an excellent environment.
The interest of stakeholders may also involve the concern about the capacity of the people involved to achieve personal goals as well as the objectives. Besides, they may be looking forward to having decent and quality. Therefore, corporate activities offer those people who have affected a stake in such corporate activities. The corporation also needs to make a profit for shareholders. Therefore, the code of conduct guides the decisions of the managers and employees to ensure any action taken by them has to generate gains for stakeholders.
The company code of conduct statement gives the guidelines for conducting the company’s operations, corporations, as well as the partnerships the company is involved with either indirectly or directly. The code guides the employees, officers, and company directors. The standards of the company code are high, and adherence puts the company at higher integrity levels. Since the code statement addresses the interests of the employees, the suppliers, customers, and other stakeholders, it all around a good code of conduct standards.
The solar Inc. company code of conduct gives room for anyone who seeks information regarding the company and its operation. This a sign of strength and accommodates anyone who has doubts or uncomfortable with the corporate’s code to inquire and get clarification. Therefore, looking at the tone of such guideline, the solar Inc. company gives the impression that is an organization that strives to achieve the higher moral standard by helping all people understand and adhere to the set standards code of conduct and ethics.
While the Canadian solar Inc. corporate code of conduct exhibits the highest strength in terms of addressing the interests of the stakeholder, health, and safety, harassment, and even the environment, those are a standard set of topics. They are salient and even meaningful for the integrity of the organization. But Canadian Solar Inc. The company is a publically traded company involved in the manufacture of solar PV modules and also runs a large scale solar project. Besides, the company advertises, sells, and offers after-sales services to the customers. Those form the principal core activities of the Canadian solar Inc. company. However, a close examination of the company’s code business conduct and ethics indicates that such core topics are not represented among the standards. The company standards do not address issues touching on an advertisement, yet advertisement is a common practice among the organizations. Therefore, the company standards need to address the principal activities because they may present a significant risk to the company.
Furthermore, the company statement of the standards needs to be broad-based and address a wide range of activities carried out by the organization. While Canadian Solar Inc. company corporate code of conduct and ethics has somewhat captured a reasonably wide variety of topics, there are important topics that are not captured in the code of conduct. These include community relations and how it can affect the integrity of the company. Besides, the standard statement has not considered the topic of substance abuse, which is very crucial since it may affect the employees of the company and even directors. Relations with consultants is also another topic that the company’s code of conduct and ethics does not address.
Another weakness of the code of business and ethics statement of the company is that it does not give effective ways of addressing the challenges. The standard that has been presented does not point to the employee’s means of resolving problems that arise from abiding by the set code of business and ethics. This leaves the employees in a dilemma. They either abide or fail to comply with the code stated and suffer the consequences.
Corporations or companies are expected to perform in a way that they are consistent with government expectations and law. Furthermore, more, part of the expectations of the companies is environmental protection. There are laws concerning environmental protection that corporations are expected to adhere to as they conduct their businesses. Canadian Solar Inc. company has a mission of promoting sustainable development across the globe. Therefore, it is a socially responsible company involved in coming up with innovation towards solar energy, which is a clean source. This protects the environment.
Besides, that goal is in tandem with the corporate code of conduct that requires the employees to try and conserve resources, waste reduction, scaling down emissions through recycling as well as another measure to conserve energy. The protection of the environment is among corporate social responsibility. Therefore achievement of their mission is more comfortable since the company’s business is interconnected with its code of conduct.
Furthermore, organizations are expected by the government and law to promote employees’ rights. The code of conduct stamen of solar Inc. company upholds the law against employment discrimination and harassment. Everybody working with the company has the obligation of complying with rules and regulations that pertains to their jobs. The laws specified by the standards statement include information privacy, copyrights, and laws covering corruption.
If I were to edit the code of conduct statement of Canadian solar Inc., I would have adjusted the section that guides reporting of the violation of the code. The section is too general regarding reporting of noncompliance. The code requires all employees to report to the supervisors any incidence of noncompliance. However, many may feel discouraged for fear of being exposed. Therefore, I would propose a suggestion box where employees can report noncompliance without exposing their identities. This can encourage the employees to report noncompliance.
Looking at a general assessment of the Canadian solar Inc. company business code, it has somewhat captured the standards that can promote the integrity of the activities of the organization. There is a corporate social responsibility aspect of environmental protection, which is quite essential in the current times. The financial practices of the organization are also satisfactory, based on the code statement. Any investor willing to invest in the company can be attracted. The code also has clear guidelines for reporting any noncompliance. However, it does not state the motivational strategies that can be used to encourage the stakeholders to report noncompliance. This is due to the fact that many people usually ignore reporting noncompliance when it does not directly affect them.