Thursday, September 26, 2019
Ethics and Compliance Paper Essay Example | Topics and Well Written Essays - 250 words
Ethics and Compliance Paper - Essay Example The company also ensures abiding by the codes of ethics through the set integrity standards. In its quest to comply with the companies stated code of ethics, Pepsi- cola makes the financial report available to the shareholders for evaluation of their financial performance. The company believes in operating under strict ethical standards while ensuring accountability to customers and shareholders. The ethics in the Pepsi cola financial environment are initiated through the maintenance and presentation of financial statements to the board of directors (Reinemund, 2003). The has Internal control committees that govern and ensure production of the right financial reports on time. The company has insights on the compliance of financial regulations through the expertise in different departments and assistance from the internally controlled systems. In ensuring ethical behavior within the company, the audit department reports any issues concerning the internal quality of the board, which in turn subjects the reports to financial professionals. The company stresses the need of performance with purpose hence delivery of sustainable growth. Pepsi Cola in complying with their ethical standards they have worked hard in reducing carbon footprint and by giving back to the society. Pepsi cola also ensure that the employees have the option of healthy living in that they believe in giving back to the society increase and improve their performance. They have also invested a lot in ensuring that the environment is not polluted by the companies hence reduction in pa ckaging weights and water
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