Principles for Business
The Caux Round Table believes that the world business community should play an important role in improving economic and social conditions. Through an extensive and collaborative process in 1994, business leaders developed the CRT Principles for Business to embody the aspiration of principled business leadership.
The CRT Principles for Business are a worldwide vision for ethical and responsible corporate behavior and serve as a foundation for action for business leaders worldwide. As a statement of aspirations, The CRT Principles aim to express a world standard against which business behavior can be measured.
The Caux Round Table has sought to begin a process that identifies shared values, reconciles differing values, and thereby develops a shared perspective on business behavior acceptable to and honored by all.
These principles are rooted in two basic ethical ideals: kyosei and human dignity. The Japanese concept of kyosei means living and working together for the common good enabling cooperation and mutual prosperity to coexist with healthy and fair competition. "Human dignity" refers to the sacredness or value of each person as an end, not simply as a mean to the fulfillment of others' purposes or even majority prescription.
These principles are rooted in two basic ethical ideals: kyosei and human dignity. The Japanese concept of kyosei means living and working together for the common good enabling cooperation and mutual prosperity to coexist with healthy and fair competition. "Human dignity" refers to the sacredness or value of each person as an end, not simply as a mean to the fulfillment of others' purposes or even majority prescription.
PRINCIPLE 1
The Responsibility of business
Beyond shareholders towards stakeholders
PRINCIPLE 2
The economic and social impact business.
Towards innovation,justice and world community.
PRINCIPLE 3
Business Behaviour
Beyond the letter of law towards a spirit of trust.
PRINCIPLE 4
Respect for rules
Establish common rule in business
PRINCIPLE 5
Support for multilateral
PRINCIPLE 6
Respect for environment
PRINCIPLE 7
Avvoidance of illicit (haram) operations.
PRINCIPLE 8
Treat customer with dignity providing them with the higher quality products and services as per their requirements and treat them fairly in transaction.
PRINCIPLE 9
Employees
Believes in the dignity of every employee and take their interest seriously.
PRINCIPLE 10
Owner/inevestors to honour the trust of investors place in us and respect their needs.
PRINCIPLE 11
Suppliers
Relationship with the suppliers and subcontractors based on mutual respect
PRINCIPLE 12
Competitors.
Fair economic competition and just distribution of goods.
PRINCIPLE 13
Communities contributing to forces of reform and human rights. Support sustainable development.
CSER (Corporate Service Environment Responsibility)
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