As part o its corporate governance, Hyundai has anethics committee that oversees the company’s ethicsmanagement.
PSA has a number o CSR policies. The socialcomponent o CSR is covered by an ethics code anda ramework agreement signed between PSA, theInternational Metalworkers’ Federation (IMF) and theEuropean Metalworkers’ Federation (EMF). PSA alsohas an environmental policy and publishes an annualCSR report. PSA is a member o the UN GlobalCompact and explicitly committed to the main interna-tional standards.
PSA has a sustainable developmentdepartment, which is positioned between the executivecommittee and the unctional and operating divisions.
Toyota has ormulated a CSR policy that isbased on the company’s Guiding Principles.
Additionally, the company has a separate policy onBiodiversity, as well as a Code o Conduct, a Global Vision or 2020, and the Toyota Way 2001, whichoutlines the expectations o how employees shouldbehave. It also has an environmental plan o action thatincludes design production and recycling.
Toyota has aseparate CSR department, as well as a CSR committeethat includes members o the executive board. Thecompany is a member o the World Business Councilor Sustainable Development (WBCSD), but does notmention any o the relevant international standards inits international CSR report or CSR policy. Severalregional divisions also publish their own annual CSRreports in accordance with GRI standards.
Volkswagen has ormulated its principleso CSR in the company’s Model o SustainableDevelopment.
It also has a separate environmentalpolicy.
Volkswagen manages its CSR through a CSRand Sustainability Coordination Ofce, which reportsto the CSR Steering Committee.
Volkswagen makesspecifc mention o the ILO Core Conventions andthe OECD Guidelines, and indirectly reers to the UNDeclaration o Human Rights through its membershipo the UN Global Compact.
Honda’s overall business philosophy is ormu-lated as ‘striving to be a company society wants toexist’.
It defnes its environmental policies andenvironmental management system in the HondaEnvironment Statement. In addition to its annual CSRreport, Honda publishes a separate annual environmentalreport. Honda makes no mention o internationalstandards in its CSR report.
Nissan has a CSR policy that contains nine keyareas, including economic contribution, employeesand the environment.
It also has an ethical codeo conduct as part o its corporate governance.
The company’s CSR activities are managed by aCSR steering group, which consists o 30 mid-levelmanagers.
This steering committee alls directlyunder the Executive Committee o the company.Through its membership o the UN Global Compact,Nissan has indirectly committed itsel to all interna-tional standards regarding labour, human rights andthe environment.
General Motors does not have a clearCSR policy, nor does it publish annual CSR reports. Itdoes have a section on its website dedicated to itscorporate responsibility, but this section is mostlydescriptive in nature and hardly reers to CSR policiesor commitments.
It does, however, list the company’senvironmental principles, which seem to be the onlyarea o commitment the company publishes about.Little inormation was ound on how CSR is incorpo-rated into the overall business strategy o the company.None o the people in senior leadership positions seemto be responsible or the company’s CSR.
Suzuki also publishes an annual comprehensiveCSR report that deals with the company’s environ-mental, economic and social responsibility. Other thanits Green Procurement Guidelines, discussed inChapter 2, it does not have any additional policydocuments. Suzuki has a Code o Ethics, as well as aspecialised ethics commission.
The only mention o the ILO is with regards to an occupational health andsaety award it has received in Pakistan.
It does notmake any explicit commitment to any internationalstandards in its CSR report.
Ford publishes its CSR report in the orm o aspecial website, where it publishes inormation on allaspects o CSR. It has a Code o Conduct Handbook,stating the company’s policies with regards to issuessuch as working conditions, ethical business practicesand corruption.
Ford also has a Code on BasicWorking Conditions, which is based on standards o theILO, UN and OECD.
Sustainability management is theresponsibility o one o the group’s vice presidents.
Fiat gives its Sustainability Plan, which can beseen as the company’s commitment to its stakeholders,a prominent place in its annual CSR report. This planincludes a number o goals related to the environment,human resources, suppliers and the community.
Thecompany’s sustainability is managed by a SustainabilityUnit, and overseen by the Sustainability Committee,which is comprised o group and sector level execu-tives. The corporate governance model o Fiat is basedon its Code o Conduct, which is set to be updated in2009. In its CSR report Fiat mentions that its code o conduct is based on the international labour andhuman rights standards o the ILO and the UN.