Submitted to :-Miss Shefali Mishra

School Of Business
Business Ethics and Csr
Section -5

• Submitted by :-
• Mohd Salman (21SLAM2010018 ) Logistic and supply chain
• Mohd Yousuf (21GSOB2010337) MBA Dual Specialization
• Shuchi Mahendru (21GSOB2010
 Code of Conduct
A code of conduct is the most common policy within
an organization. This policy lays out the company’s
principles, standards, and the moral and ethical
expectations that employees and third parties are
held to as they interact with the organization. A
code of conduct is an integral part of compliance
efforts as it provides documentation that an
employee or third party has violated company policy
if illegal activity arises. Let’s explore what a code of
conduct means and the impact it can have on an
organization. 
 Companies selected
 Hindustan Unilever Ltd was
 Marico Limited is one of India’s
leading consumer
goods companies operating in
the health, beauty and wellness
space. With its headquarters in
Mumbai, Marico is present in
over 25 countries across
emerging markets of Asia and
Africa. It nurtures leading brands
across categories of hair care,
skin care, edible oils, healthy
foods, hygiene, male grooming,
and fabric care. In 2019-20.
incorporated on 17 October 1933 as
Lever Brothers India Ltd. Hindustan
Unilever Limited (HUL) is India's largest
Fast-Moving Consumer Goods company
with its products touching the lives of
nine out of ten households in the
country. The Company is in the fast-
moving consumer goods (FMCG)
business comprising primarily into four
business segments such as home care
personal care foods and refreshments.
Soaps and detergents include soaps
detergent bars detergent powders and
scourgers.
 Code of conduct

Marico Ltd- Rules don't regulate the behaviour of members at Marico; it’s a way of life we
recruit people into. It's a value system and a set of principles that we believe in.

This is why our Code of Conduct is based on the firm belief that we should make a difference to
every life touched by Marico.

The Code makes sure that all businesses conducted by Marico in any capacity are done in an
ethical and sustainable manner while being beneficial to all our stakeholders-members,
consumers, associates, investors and society at large.

Hindustan Unilever LTD. conduct the operations with honesty, integrity and
openness, and with respect for the human rights and interests of our employees.
We shall similarly respect the legitimate interests of those with whom we have
relationships. We are committed to providing transparency across all our
operations ensuring stakeholders trust what we do.
  Comparison of Code of Conduct
 Conflict of interest- In Marico ltd. Members shall act in the best interest of the Company , they always
conduct themselves without any prejudice towards any person and they should
work in the best interest of the company .

In Hindustan Unilever ltd. members are expected to avoid personal activities and
financial interest , they should not misuse of their post and power.

 Laws of the land- In Marico ltd. Marico promotes and strives to ensure compliance with the applicable
laws in each territory that they conduct their business. Members shall also adhere to
internal rules and regulations as they apply in a given situation
In Hindustan Unilever companies and employees are required to follow the rules and
regulation of the land .

 Bribery and Corruption- In Marico ltd. Each member should always follow the meritocracy and
compliance with the laws of the land. Company discourage bribery and
corruption in any and all forms
In Hindustan Unilever ltd. It doesn't give or receive , whether directly or
indirectly bribes or others improper advantages for business or financial
gain
  Analyzation of code of ethics
 Tone of the company- its shows that both Marico ltd. and Hindustan
Unilever ltd Strives to serve the company profit motive only.

Documents- Hindustan Unilever Documents and files are well

organised and easy to read because of use of less Jargons on the
other hand Marico ltd documents are not that easy to analyse
and have to go through a lot to understand the code of ethics of
the company.

 Mission and Vision- Marico ltd. Vision is to inspires people to

contribute to society in every way they can and their code
of ethics is congruent with them, Hindustan Unilever ltd.
Vision is to add vitality to life ,and they are adding it.
 Conclusion
 Marico LTD and Hindustan Unilever ltd are both
giants in FMCG market and acquire quite a large
market in India and in the world.

 Both companies code of conduct are quite similar

because of the similarities of the product so they
plan accordingly.

 Hindustan Unilever ltd. market is quite large than

Marico ltd because the size of the company and
the product diversity .

 Unilever and Marico both mainly focus on the one

goal and that is to serve the companies profit
motive.