23

[BE]

Code of Conduct

Formal statement of the values and business practices of a company and sometimes its suppliers. 

Comment: it’s a statement of minimum standards together with a pledge by the company to observe them and to require its contractors, subcontractors, suppliers and licensees to observe them.

Green Paper CSR European Commission,

2001

http://europa.eu.int/comm/
employment_social/
soc-dial/csr/greenpaper.htm

24

[BE]

Coe

Code of Ethics

Such standards as are reasonably necessary to promote (1) honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; (2) full, fair, accurate, timely, and understandable disclosure in the periodic reports required to be filed by the issuer; and (3) compliance with applicable governmental rules and regulations.

The Sarbanes-Oxley Act, Section 406(c)

http://www.sarbanes-oxley.com/
displaysection.php?
level=2&pub_id=Sarbanes-Oxley&
chap_id=PCAOB4&message_id=30

27

[BE]

Conflict of Interest

Situation in which a person is in a position of trust that requires her to exercise judgment on behalf of others (people, institutions, etc.) and also has interests or obligations of the sort that might interfere with the exercise of her judgment, and which the person is morally required to either avoid or openly acknowledge.

Ethics Resource Center - Glossary

http://www.ethics.org/glossary.html

32

[BE]

CG

Corporate Governance

The system by which business corporations are directed and controlled. A set of relationships between a company’s management, its board, its shareholders and other stakeholders.

Comment: corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined.

OECD Principles of Corporate Governance,  2004

http://www.oecd.org/department/
0,2688,en_2649_34813_
1_1_1_1_1,00.html

37

[BE]

Corruption

Misuse of entrusted power for private gain.

Transparency International

http://www.transparency.org/faqs/faq

42

[BE]

Deontology

Any position in ethics which claims that the rightness or wrongness of actions depends on whether they correspond to our duty or not.
(Derived from the Greek word for duty, deon.)

University of san Diego, California

 http://ethics.sandiego.edu/
Glossary.html

69

[BE]

Ethics

A branch of philosophy that studies and recommends the fundamental principles and basic concepts of what is considered morally good and bad, right and wrong in human conduct.
(Derived from the Greek word ethos, meaning "way of life")

Bentley college, Massachusetts

http://ecampus.bentley.edu/
dept/ph/ethicsglossary.html

96

[BE]

Insider Trading

Trading by officers, directors, major stockholders, or others who hold private inside information allowing them to benefit from buying or selling stock.

Yahoo! Financial Glossary

http://biz.yahoo.com/
glossary/bfglosi.html

112

[BE]

Mission Statement

A statement of the role, or purpose, by which an organisation intends to serve its stakeholders. It describes what the organisation does (current capabilities), who it serves (stakeholders), and what makes the organisation unique (justification for existence).

Comment: mission statements always exist at the top level of an organisation, but may also be set for different organisational levels or components.

CECOA, 2005

CSR/SME Project

168

[BE]

Transparency

A principle that allows those affected by administrative decisions, business transactions or charitable work to know not only the basic facts and figures but also the mechanisms and processes.

Comment: it is the duty of civil servants, managers and trustees to act visibly, predictably and understandably.

Transparency International

http://www.transparency.org/
faqs/faq-corruption.html#faqcorr1

174

[BE]

Values

The core beliefs we hold regarding what is right and fair in terms of our actions and our interactions with others.

Ethics Resource Center Glossary

http://www.ethics.org/glossary.html

176

[BE]

Vision Statement

A document that describes where the organisation intends to be in the future or where it should be to best meet the needs of stakeholders. It incorporates a shared understanding of the nature and purpose of the organisation and uses this understanding to move the organisation toward a greater purpose.

CECOA, 2005

CSR/SME Project

13

[CI]

Capacity Building

(1) The development of an organisation's core skills and capabilities, such as leadership, management, finance and fundraising, programs and evaluation, in order to build the organisation's effectiveness and sustainability.
(2) The process of assisting an individual or group to identify and address issues and gain the insights, knowledge and experience needed to solve problems and implement change.

Comment: capacity building is facilitated through the provision of technical support activities, including coaching, training, specific technical assistance and resource networking.

The California Wellness Foundation (Ethics Resource Center Glossary)

http://www.tcwf.org/
reflections/2001/april/index.htm

16

[CI]

Cause-related Marketing

A commercial activity by which businesses and charities or causes form a partnership to market an image, product or service for mutual benefit

Business in the Community

http://www.bitc.org.uk/resources/
toolkit/marketplace/

31

[CI]

Corporate Foundation

Private foundation that receives it’s funding from the for-profit company whose name it bears but is legally an independent entity.

Comment: corporations may establish foundations with initial endowments then make periodic contributions — generally based on a percentage of the company’s profit — to the foundation, or combine both methods to provide the foundation’s resources.

The Dorothy A. Johnson Center for Philanthropy & Nonprofit Leadership,

Nonprofit good practice guide – complete glossary

http://www.nonprofitbasics.org/
CompleteGlossary.aspx?
ID=-1&curLetter=C

35

[CI]

Corporate Volunteering

Businesses supporting and encouraging staff involvement in the community.

The Wellington Volunteer Centre

http://www.ozvpm.com/resourcebank/
documents/CO48-CorporateVolunteering-
thepotentialandtheway
forwardDarrenQuirk.doc

47

[CI]

Donation

An unconditional transfer of cash or other assets to an entity or a cancellation of the entity's liabilities in a voluntary, nonreciprocal transfer by another entity.

Campaign Consultation, Inc. (USA)

Complete Glossary

http://www.sustainabilityonline.com/
HTML/general_glossary.html

58

[CI]

Employee Community Involvement

See Corporate Volunteering.

59

[CI]

Employee Matching Gift

A contribution to a charitable organisation by a corporate employee that is matched by a similar contribution from the corpor