Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Shabna is a part owner and manager of Solar Cycles Ltd. (SCL), a solar panel installation and service company in Adelaide.SCL sources its solar panels

Shabna is a part owner and manager of Solar Cycles Ltd. (SCL), a solar panel installation and service company in Adelaide.SCL sources its solar panels and converters from two overseas suppliers, one from Vietnam (Hanoi Solar Co.) and the other from China (Zhejiang Sunlight Energy Co.).When visiting Hanoi on a recent business trip to meet her suppliers, Shabna became aware of current news reports of protests occurring outside Hanoi Solar's solar panel factory. Local environmental activists were protesting in relation to the dumping of toxic materials into a local river system, which was now affecting downstream water systems, including water for local agricultural farming purposes.The panels from Hanoi Solar are significantly cheaper than those produced by Zhejiang Sunlight Energy, but are also comparable in quality.Zhejiang Sunlight Energy has performed consistently as one of the most environmentally and sustainable panel manufacturers globally.Shabna has been under pressure by the other owners of SCL to keep costs down, so she is conflicted about the situation.She understands her responsibilities to the company's other shareholders but also feels like she has an ethical responsibility to her business partners and customers.

Imagine that you work for Global Compact Network Australia, and are presenting to small to medium size businesses (SMCs) in Adelaide.Drawing on your experience and understanding of the Ten Principles of the UN Global Compact, how would you advise Shabna's about her situation.More specifically, which Principle would you advise Shabna pay specific attention to, when Shabna asks you how she should approach Hanoi Solar Co. about their manufacturing processes.

Please cite specific aspects of the principles and the related Declaration in your advice.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Craig Deegan

9th Edition

9781743767382

Students also viewed these Law questions