Business Ethics and Corporate Social Responsibility Essay - 2

Business Ethics and Corporate Social Responsibility - Essay Example GSK accepts that the existence of harmful pharmaceutical chemicals in the environment is the critical area to be looked at and so GSK is performing deeper scientific experiment for understanding the problems in order to deal with the concerns. Thus GSK ensure that their products do not affect people, environment or the aquatic life. GSK have expertise knowledge about the chemical and biological compounds and thus the opportunity to invent new products without affecting the environment. The company has a deep learning in chemical and biological attributes of pharmaceutical compounds and thus has the expertise knowledge about the environmental impacts of the pharmaceutical compounds. GSK also performs pharmaceutical risk assessment programs to evaluate their position with respect to the current regulatory requirement as well as the Global Environment. They regularly update the environmental testing protocols as their knowledge and testing methods improvise both for long term and short term development. (Simpson 124). Human Resource Stewardship The company respect their employees and support them to the fullest to grow their talent and give positive contribution to the company (Schwartz 28). The employment practices of GSK are made in such a way that they create a culture in which all the employees feels that their work are valued and respected. Thus they feel inspired and accomplish their goal without much hurdle. The company also protect the Personal Identification Information (PII) of the employees including their sensitive personal information and thus creates a sense of trust among the employees. The working environment thus provided to the employees is comfortable and the employees are satisfied regarding the quality of work they do. But the staffs or the senior management who fail to comply with the code of conduct are penalized for them and also are terminated from the company. Community Service and Impact GSK has undertaken a number of projects and progra ms for improving the quality of life in the community in which they are working in. In India, GSK undertakes a number of rural development programs by giving specialized skills and making the unemployed youths employable. Training is provided to them on computers and lessons on agriculture are given. GSK provided anti-parasitic treatments to the school children in all the developing countries. It helped the children to fight against the effects of intestinal worms and the cycle of poverty to which they contribute. Broader Social Causes GSK engages in a lot of social activities all over the world. They have established many community