The Sustainable Event Alliance encourages its members to always undertake responsible business practices.
We have drawn from the St James Ethics Centre in Australia for a definition of Responsible Business Practice. The SEA is run to these principles also.
In addition, the SEA adheres to the UN Global Compact and encourages all members to sign up to this accord as well.
The United Nations Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.
Read the ten principles of the UN Global Compact here.
Responsible business practice is the recognition of, and response to the interconnectedness and interdependence of business within our world of which the global financial crisis and climate change are consequences.
Responsible business practice advocates that the true costs and obligations of business and organisational activity are accounted for - both financial and non-financial and require a process of accountability, transparency and comparability through:
- Reflection on actual business impacts, risks and opportunities
- Responsible business practices through integrated and inclusive management processes
- Reporting on these practices in the public domain via a multi-stakeholder approach to management, measurement and monitoring
- Resilience through transparency, trust, adaptability and innovation
Elements of responsible business practice:
- Environmental - the environmental impact, direct or indirect, of an organisation’s operations, products or services including those of its suppliers.
- Community/Social - the impact of an organisation’s projects, products, services or investments on the community at a local or global level.
- Workplace Practices - including respectful, treatment of employees in matters related to recruitment and selection, diversity and equal opportunity, work/life balance, professional development and progression, managing redundancies and full entitlement to employment rights.
- Marketplace & Business Conduct – responsible behaviour in developing, purchasing, selling and marketing products and services.
- Ethical Governance - from board level and throughout an organisation: transparency; risk management; due diligence; effective codes of conduct and ethics.
Information on this page is from 'The Hub Responsible Business Practice', a project of St James Ethics Centre, Australia.