Behind the scene, marketing stuff, green washing, the hard facts are very clear about Oracle's commitments regarding environmental responsability. Positive action is hardly ever taken, and there is still very few information regarding Oracle CO2 emissions and compensations.
The internal green programs seem to be there just as a tick-box for the responsability annual report, and would definitly benefit a more ambitious developpement under direct Board Control.
Corporate guidance is mandatory to move on, but we face a no-way.
Read Full Article : Environnemental Leader
Read more : BusinessGreen Blog,
Showing posts with label governance. Show all posts
Showing posts with label governance. Show all posts
Thursday, September 16, 2010
Wednesday, December 16, 2009
Sharing the code of ethics goals
The FR Works council is beeing consulted on the code of Ethics and Business Conduct to be implemented in France. This code should be fully enforceable towards employees.
The exposed principles are quite legitimate as they define what a responsible employee in a responsible company should do.
Responsible company ?
We face very opaque compliance protocols, as employee reps cannot control the ethics alerts nor allow any investigation rights on non compliances issues.
The company refuses to answer any questions regarding offshore operations, non compliance alerts.
Very strict SEC requierements are to be enforced to guarantee governance rules in terms of corruption, local law compliance, fair treatement and reporting.
We feel the lack of a World Wide Employee Works council independant control is a very important flaw, and we feel dangerous operations could still be conducted, "under the radar screen" in confined areas of huge corporations like Oracle.
Let's not forget Delaware, Cayman Islands, Mauritus, Luxembourg operations actually beeing run by Oracle - Who is in charge of controlling what's been done there ?
Are shareholders and employees to be proud of those covert operations ?
CFDT Oracle Labor union requests a worldwide employee governance model that enforces long term operations, fully compliant in any area of the company.
You want discuss, you have doubts about ethics management, you wish to submit a whisleblowing alert thought us, we'll help.
Read more : Secrecy Juridictions, Tax Justice Network, Sarbanes Oxley Structural Model by R. Moberly,
The exposed principles are quite legitimate as they define what a responsible employee in a responsible company should do.
Responsible company ?
We face very opaque compliance protocols, as employee reps cannot control the ethics alerts nor allow any investigation rights on non compliances issues.
The company refuses to answer any questions regarding offshore operations, non compliance alerts.
Very strict SEC requierements are to be enforced to guarantee governance rules in terms of corruption, local law compliance, fair treatement and reporting.
We feel the lack of a World Wide Employee Works council independant control is a very important flaw, and we feel dangerous operations could still be conducted, "under the radar screen" in confined areas of huge corporations like Oracle.
Let's not forget Delaware, Cayman Islands, Mauritus, Luxembourg operations actually beeing run by Oracle - Who is in charge of controlling what's been done there ?
Are shareholders and employees to be proud of those covert operations ?
CFDT Oracle Labor union requests a worldwide employee governance model that enforces long term operations, fully compliant in any area of the company.
You want discuss, you have doubts about ethics management, you wish to submit a whisleblowing alert thought us, we'll help.
Read more : Secrecy Juridictions, Tax Justice Network, Sarbanes Oxley Structural Model by R. Moberly,
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