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Six Month Review

June - December 2003

Subscribers
There are 74 corporate and associate subscribers to the Institute and 90 individual subscribers. (June 2003 74: 81)
The corporate subscribers represent the following sectors


Financial 23%
Services 18%
Industrials 13%
Consultancies 14%
Construction 4%
Utilities 7%
Pharmaceuticals 5%
Retail 14%
Associates 10%


Activities

A Corporate Subscriber Events
i. The Business Ethics Net (BEN) for Corporate Subscribers with employee issues
Two meetings were held. In July, there was a discussion on Engaging the Board. In October, there was a discussion lead by Andrew Scott, Mayer Brown, Rowe & Maw on Ethical issues arising from the Data Protection Act.

ii. Round Tables
In September, Kate Brearley of Stephenson Harwood led a discussion on Employment Law & Business Ethic and in November, Rachel Briggs from Demos spoke on The Duty of Care

B Subscriber/Open events
There have been 4 such events over the last six months:

  • Embedding the Message: Peter Cowap, Diageo & Terry Hancock, Easy i
  • Business & the Terrorist Threat Major: General Bob Hodges, Threat Response International
  • Doing Business in Difficult Countries: Sir Mark Moody Stuart, Anglo American
  • Supply Chain Issues: current concerns: Rosey Hurst, Impactt

C Ethics in the Workplace
In October, Professor David Lewis of Middlesex University spoke on Speaking out in the Workplace. Then in December, Paul Walsh, CEO of Diageo, spoke on The road to ethical ambition: is it possible for business to have a soul?

C Publications
In October, Developing a Code of Business Ethics: A guide to best practice was published. This report sets out the rationale for a code of ethics and provides detailed guidance on how to work with stakeholders to develop and implement a code. It also sets out how to make it effective. It contains a comprehensive list of issues commonly covered in company codes and sets out the contents using the IBE Illustrative Code of Business Ethics that companies can adapt to their own needs. The book updates Codes of Business Ethics published by the IBE in 1993.

D Research
The Institute has a number of potential research projects (see our website www.ibe.org.uk/projects.html. Some we plan for publication in 2004/5 are:

  • What have we Learnt? Supply Chain Issues Three Years On (working title)
    Three years after publishing the IBE Where Did that Come From? publication, What have we Learnt will investigate the considerable development in approaches to managing ethical issues in supply chains.
  • Setting the Tone: Ethical Business Leadership
    Sponsored by ExxonMobil, this report will examine the roles and responsibilities of business leaders in setting the ethical tone of their organisations.
  • Corporate Use of Codes of Conduct (working title)
    This publication will reveal and analyse the results of IBE's fourth survey of corporate codes of conduct, last published in 2002. It will investigate how companies are using codes and how corporate approaches to ethics have evolved since 2001.


E Training

Two one-day Introduction to Business Ethics courses have run in the last six months. The next session will be on 22nd January 2004. The content, and its format in using 'cameos' to tease out ethical issues is used as the basis for our in-house training programmes. These can also be tailored for our corporate subscribers. A number of such programmes are in hand and ongoing.
.In 2004, we are responding to feedback from previous course participants by launching an intermediate training course which will complement the introductory course. The one day course will focus on developing and implementing a code of business ethics and is designed for ethics officers and other individuals who have been tasked with producing or revising a code. The first intermediate course will take place on Thursday 11th March 2004.

F Advisory Work
The Institute continues to advise companies on their ethical issues and has undertaken a broad range of activities over the last six months: in-house training; assisting with code development; 'hosting' stakeholder dialogues; advice to professional bodies on ethical training; advising a trade association on ethical codes. In addition we have been called upon by members of the media to comment on current issues and several articles have been written for various journals.

G Education
In July, we announced the winners of the IBE/EBEN-UK Student Essay Competition in Business Ethics 2003. This competition will be held annually, and winners receive £500.
In November we hosted the IBE/EBEN-UK Teaching Business Ethics Conference which had the theme of Business Ethics in the Curriculum. Plenary speakers were Professor Sandra Dawson, Judge Institute, Professor John Stopford, London Business School and Jane Miller, Severn Trent Water.
At the conference we also launched the Teaching Business Ethics Website, developed in association with EBEN-UK, and providing resources for teachers and students of business ethics. www.ibe.org.uk/teaching/home.html

H Future Events
Please see the timetable of dates for 2004.

If in reading this news update, any ideas for research or event topics should come to mind, or you have any questions, or comments regarding the work of the IBE, do please contact me on 020 7798 6042 or by email: pfb@ibe.org.uk.


We thank you for your continuing support


Philippa Foster Back
Director
December 2003

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