The XYDROMARK® Marketplace is not only a "basic digital hub" where you can find innovative suppliers offering safe & reliable products, modular/scalable/reliable solutions, new energy storage technologies, etc...The XYDROMARK® Ecosytem gathers all the stakeholders (buyers/vendors/investors...) making great efforts to decarbonize their activities, to combine climate protection and business developement, to solve global warming with new/smart/competitive/sustainable solutions...Therefore, all the registred members accept the evaluation criteria below. This is part of the XYDROMARK® innovative rating system together with the carbon footprint and recyclability criteria listed in the datasheets.
In a well-oiled organization, every team member should be dealing with processes on a daily basis. It's not just an issue for managers & board of executives.
In your company, is there a process dealing with these 10 ethical principles ?
1. HONESTY. Ethical employees-executives are honest and truthful in all their dealings and they do not deliberately mislead or deceive others by misrepresentations, overstatements, partial truths, selective omissions, or any other means.
2. INTEGRITY. Ethical employees-executives demonstrate personal integrity and the courage of their convictions by doing what they think is right even when there is great pressure to do otherwise; they are principled, honorable and upright; they will fight for their beliefs. They will not sacrifice principle for expediency, be hypocritical, or unscrupulous.
3. PROMISE-KEEPING & TRUSTWORTHINESS. Ethical employees-executives are worthy of trust. They are candid and forthcoming in supplying relevant information and correcting misapprehensions of fact, and they make every reasonable effort to fulfill the letter and spirit of their promises and commitments. They do not interpret agreements in an unreasonably technical or legalistic manner in order to rationalize non-compliance or create justifications for escaping their commitments.
4. LOYALTY. Ethical employees-executives are worthy of trust, demonstrate fidelity and loyalty to persons and institutions by friendship in adversity, support and devotion to duty; they do not use or disclose information learned in confidence for personal advantage. They safeguard the ability to make independent professional judgments by scrupulously avoiding undue influences and conflicts of interest. They are loyal to their companies and colleagues and if they decide to accept other employment, they provide reasonable notice, respect the proprietary information of their former employer, and refuse to engage in any activities that take undue advantage of their previous positions.
5. FAIRNESS. Ethical employees-executives are fair and just in all dealings; they do not exercise power arbitrarily, and do not use overreaching nor indecent means to gain or maintain any advantage nor take undue advantage of another’s mistakes or difficulties. Fair persons manifest a commitment to justice, the equal treatment of individuals, tolerance for and acceptance of diversity, the they are open-minded; they are willing to admit they are wrong and, where appropriate, change their positions and beliefs.
6. CONCERN FOR OTHERS. Ethical employees-executives are caring, compassionate, benevolent and kind; they like the Golden Rule, help those in need, and seek to accomplish their business objectives in a manner that causes the least harm and the greatest positive good.
7. COMMITMENT TO EXCELLENCE. Ethical employees-executives pursue excellence in performing their duties, are well informed and prepared, and constantly endeavor to increase their proficiency in all areas of responsibility.
8. LEADERSHIP. Ethical employees-executives are conscious of the responsibilities and opportunities of their position of leadership and seek to be positive ethical role models by their own conduct and by helping to create an environment in which principled reasoning and ethical decision making are highly prized.
9. REPUTATION AND MORALE. Ethical employees-executives seek to protect and build the company’s good reputation and the morale of its employees by engaging in no conduct that might undermine respect and by taking whatever actions are necessary to correct or prevent inappropriate conduct of others.
10. ACCOUNTABILITY. Ethical employees-executives acknowledge and accept personal accountability for the ethical quality of their decisions and omissions to themselves, their colleagues, their companies, and their communities.
Environmental criteria can include CO2 and greenhouse gas emissions, pollution, natural ressource conservation, waste recycling, electricity consumption, energy use, etc...For example, have you switched to a renewable energy source in your factory ? It also includes evaluating environmental risks you might face and how you manage these risks. There might be issues related to your contaminated land, your disposal of hazardous waste, your management of toxic emissions or your compliance with government environmental regulations.
So does your company :
1. Put out carbon or sustainability reports ?
2. Limit harmful pollutants and chemicals ?
3. Seek to lower greenhouse gas emissions ?
4. Use renewable energy sources ?
5. Seek to optimize the recyclablity ?
XYDROMARK® Members also believe that impact-minded individuals and innovative companies should be recognised for their contribution to society and their building of impact businesses that are not only transforming the lives of those in the wider community, but serve as an inspiration to others. The role of business enterprises, as specialized organs of society performing specialized functions, requires also to comply with all applicable laws and to respect human rights.
So does your company :
1. Donate a percentage of its profits to local communities ?
2. Seek to embrace diversity on its board ?
3. Support LGBTQ rights and encourages diversity ?
4. Have special policies to protect against sexual misconduct ?
5. Demonstrate respect for the human dignity, autonomy, privacy and rights ?
6. Treat all people with equal respect and dignity regardless of sex, race or national origin ?
7. Conform to the laws, rules and regulations relating to its business activities ?
8. Operate an ethical supply chain ?
Social criteria can include the quality of social dialogue within your company, the employment of disabled people, employee working conditions and training, etc...For example, are you more closely monitoring your supply chain to ensure their employment standards meet your own ? How are your business relationships ? Does you company encourage employees to perform volunteer work ouside ? Do your company’s working conditions show high regard for its employees’ health and safety ? Does you company pay fair wages ?
For each item above, the question is "Does your company comply with the requirements above ?"...and the possible answers are (1) Yes...I hereby certify that my company is 100% compliant / (2) Hmmm...I'm not 100% sure OR my company is partially compliant / (3) No...My company doesn't comply at all
Example : (1) / (2) / (3) / (2)