Tata Steel:Global leader in maintaing the standards of Ethical Business Practices
"A man without ethics is a wild beast loosed upon this world".
I Muskaan gladden to write my first blog on an important aspect of society that is "Ethics".
We humans are very good in criticizing others, those who are not doing right things, but rarely appreciate the one who is doing things in a right manner.
Same is with ethical issues in companies, if a company is performing unethical practices we criticise it at a peak and remember them for their unethical practices but what about those companies who are performing ethical practices, do we know the names of those ethical companies who performing in a right manners by doing right things?
So, let's discuss about some global leaders of ethical business.
First of all, we should know the meaning of "Ethics"-a Greek word "ethike" which means the standardized rules that a social system provide.
Nowadays, it is very important for the companies to perform in an ethical way to maintain their brand value in the society.
Doing ethical practices leads to achieve all the objectives of the company i.e. organisational,personal and social objectives also.
There are many companies those are doing unethical practices to increase their revenues, but this is not the only way to do that. There are also some companies those are doing ethical practices and not only increased their revenues but also brand value in the market and became a trustworthy Company because of their ethical behavior.
One of those ethical companies is Tata Steel
Tata Iron and Steel Company Limited(TISCO), is an Indian multinational steel-making company headquartered in kolkata, West Bengal, India.
It is well known for doing ethical practices and has been recognised as one of the 2019 World's Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
The company has received the recognition for the eighth time in the 'Metals,Minerals and Mining' category.
The company always continue to improve communities,building capable and empowered workforce.The Tata name evokes a sense of Trust, Credibility and Integrity to many millions of stakeholders in India and overseas.
All these above practices makes a company an ethical company in all prospective.
Being ethical to the society and to the stakeholders increase the efficiency of the company.Ethical practices should not only done inside the company, but also outside the company with society. This would increase the revenue of company and the company would perform more effectively for a long period of time. And there are many companies those are doing well for being ethical such as:
1.Canon
2.Dell
3.H&M
4.Wipro
And more companies are there in the list those are performing ethically. All these companies respect the rights of all its stakeholders and create overall value for society.
It is great to know that there also many companies those are reinforcing ethical culture and looking forward to an equally aligned work culture with all stakeholders, internal or external without any discrimination.
At last I would say that we should appreciate the companies for their ethical practices and should keep recognising them for their work and ethical behavior towards the society.
Thank you!!
The company has received the recognition for the eighth time in the 'Metals,Minerals and Mining' category.
The company always continue to improve communities,building capable and empowered workforce.The Tata name evokes a sense of Trust, Credibility and Integrity to many millions of stakeholders in India and overseas.
All these above practices makes a company an ethical company in all prospective.
Being ethical to the society and to the stakeholders increase the efficiency of the company.Ethical practices should not only done inside the company, but also outside the company with society. This would increase the revenue of company and the company would perform more effectively for a long period of time. And there are many companies those are doing well for being ethical such as:
1.Canon
2.Dell
3.H&M
4.Wipro
And more companies are there in the list those are performing ethically. All these companies respect the rights of all its stakeholders and create overall value for society.
It is great to know that there also many companies those are reinforcing ethical culture and looking forward to an equally aligned work culture with all stakeholders, internal or external without any discrimination.
At last I would say that we should appreciate the companies for their ethical practices and should keep recognising them for their work and ethical behavior towards the society.
Thank you!!
