IBE home page>doing business ethically ... makes for better business
news and resources

IBE News
IBE Projects
Ethics News
Links

Strong rise in number of people who belive business behaves ethically


There has been a significant rise over the past three years in the number of people who believe British businesses behave ethically, according to a survey by the Institute of Business Ethics released today.

The analysis, based on annual MORI polls, shows that in 2003 less than half the population (48 %) believed that British business behaved very or fairly ethically. By 2006, that figure had risen to 58 per cent. Those who believed British business behaved not very or at all ethically fell from 41 per cent in 2003 to less than a third (32 %) this year.

Of the ethical issues that most need addressing, the British public list as most important: "Employees being able to speak out about wrongdoing" (32 %), "Environmental responsibility" (32 %) and "Discrimination in treatment of people". Of least importance were: "Bribery and corruption" (19%), "Work home balance for employees" (16 %) and "Advertising and marketing practices" (10 %).

Commenting on the findings, IBE Director, Philippa Foster Back, said: "There is no doubt that businesses are more aware of the importance of behaving ethically, and many more companies have ethical policies then they did three years ago.

"But there is also a growing sense amongst the public that they can make a difference to businesses and affect their behaviour - perhaps in ways that they do not feel so empowered in other areas of life, such as politics. Businesses have to be responsive to their customers, and the customers now know it.

"The importance of allowing people to speak up about unethical behaviour is reflected in more and more people doing it. So not only are companies better at policing themselves, they are also being better policed by their staff and customers," she said.

In an IBE Report published last year entitled "Ethics At Work", research showed that about half of those who had observed misconduct at work had reported their observations.

The IBE celebrates its 20th anniversary this year. Since the Institute started in 1986, the IBE's first survey showed only 18 per cent of larger companies had codes of ethics; by 2006, over 90 per cent of FTSE 100 companies had one.

Download the results of the survey here>>


23rd October 2006
Registered charity no. 1084014
Address: 24 Greencoat Place, London, SW1P 1BE - Tel: +44 (0)20 7798 6040 - Fax: +44 (0)20 7798 6044 - Email: info@ibe.org.uk