Free Paper Sample: Canon's Code of Ethics

In the modern world, ethics are continuously ignored. People tend to ignore companies' ethical conduct, especially when looking for jobs; the desperation for greener pastures pushes individuals towards despising them. Many people have become accustomed to ignoring ethical practices, and for that reason, ethically upright individuals are labeled as losers or misfits. According to Shefali Roy, Ethics are "moral principles that govern a person's behavior." In the modern world, one may wonder whether several institutions and companies have normalized ethics matters, considering ignoring them. Well, ethics are an essential factor that guides human behavior, and ignoring them has severe consequences. In business, and the corporate sector, ethical conduct should apply in every aspect, and every department should comply with the company's code of ethics.

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Canon has been honored for its utmost ethical practices by the Ethisphere Institute. The company has been named the most ethical company in 2020. The recognition as a global leader is due to the company's culture of upholding ethical conduct and advancing corporate cultures, which are anchored on integrity and the greater good. Canon USA Inc. is a global leader in digital imaging solutions. The honor given to the company portrays the company's strong leadership, values, and integrity-driven culture that drives the company toward achieving corporate social responsibility.

Canon Group, strong company cultures are based on integrity, independence, internationality, and innovation. The company avoids all sorts of discrimination, whether by sex, age, nationality, race, sexual orientation, or religious beliefs of all its business partners. Employees at Canon carry out their work with correctness and efficiency, portraying outstanding professionalism and responsibility. Employees of the company have commented on the great value the company places on its human resources. This is demonstrated by the company's commitment to ensuring a working environment free from health and safety hazards and promoting responsible behaviors. Besides, complete honesty and transparency are observed, and the company's consolidated financial accounts are subject to annual external audits.

Ethical behavior is modeled both by employees and the company management by promoting responsible behavior among employees and supervising the implementation of the code of conduct. Canon has a supervisory body responsible for monitoring the adherence to the principle of ethics, detecting violations of the code, and taking necessary measures. The company advises its employees to be vigilant and report cases of unethical practices to the supervisory body. The employees are ensured of protection from retaliation and are promised confidentiality without prejudice to legal duties. Investigations of violations of the code of ethics are the supervisory body's responsibility, which reports to the human resource director.

Following the violation of the code of ethics, disciplinary actions are taken against the offenders per the worker's statute and labor contract rules. Suppose offenses come from contractors, suppliers, consultants, or collaborators. In that case, it will offset specific measures, including contract terminations; in extreme cases, where conditions of ethical conduct are violated, Canon management takes legal action by reporting to relevant authorities. For this reason, Canon is faced with little or no ethical issues whatsoever. Unlike many companies that meet fraud cases, corruption, and sexual harassment of workers, cannon has remained a source of integrity and utmost respect for human relationships in and out of the company.