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Business Ethics: Sample Policies
 

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Levi Strauss & Co: Ethical Principles

"Our ethical principles are the values that set the ground rules for all that we do as employees of Levi Strauss & Co. As we seek to achieve responsible commercial success, we will be challenged to balance these principles against each other, always mindful of our promise to shareholders that we will achieve responsible commercial success.

The Ethical Principles Are:

HONESTY: We will not say things that are false. We will never deliberately mislead. We will be as candid as possible, openly and freely sharing information, as appropriate to the relationship.

PROMISE-KEEPING: We will go to great lengths to keep our commitments. We will not make promises that can't be kept and we will not make promises on behalf of the Company unless we have the authority to do so.

FAIRNESS: We will create and follow a process and achieve outcomes that a reasonable person would call just, evenhanded and nonarbitrary.

RESPECT FOR OTHERS: We will be open and direct in our communication, and receptive to influence. We will honor and value the abilities and contributions of others, embracing the responsibility and accountability for our actions in this regard.

COMPASSION: We will maintain an awareness of the needs of others and act to meet those needs whenever possible. We will also minimize harm whenever possible. We will act in ways that are consistent with our commitment to social responsibility.

INTEGRITY: We will live up to LS & CO's ethical principles, even when confronted by personal, professional and social risks, as well as economic pressures."

NORTEL: Core Values

"At Northern Telecom (Nortel), we recognize the importance of credibility, integrity and trustworthiness to our success as a business. We are committed to upholding high ethical standards in all our operations, everywhere in the world. We believe in the principles of honesty, fairness, and respect for individual and community freedoms.

Living up to both the letter and the spirit of this commitment is not always an easy task. As a large and diverse corporation working globally, we recognize that while there is some level of agreement the world over on what constitutes honest and ethical business practice, there can also be valid differences of opinion.

In our working lives, we often experience situations where the 'right thing to do' is not immediately apparent. Loyalties -- to our fellow employees, to managers, customers and suppliers, to our families, our communities, the environment, the corporation as a whole, and to ourselves -- may seem to conflict. When we're faced with a complicated situation, it can be difficult to decide where the ethical path lies.

Last updated: Oct 20, 2000




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