August
  2004


ABOUT US

The Edmund Rice Business Ethics Initiative, launched in 1991, exists to promote a conversation between business and the community on values and ethics: promoting life humanly in our businesses, our communities, our planet. It aims to create a space where these issues can be discussed and researched in mutually supportive ways. It seems to promote better communication for the sake of better outcomes for us all.

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STAKEHOLDERS: ETHICAL RESPONSIBILITIES IN TIME OF ECONOMIC DOWNTURN
As John Ingram pointed out in last month's "In profile", employees are important stakeholders in any business. Lindsay Fox says, "Healthy profits, satisfied clients, happy employees; two out of three and you go broke."

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PROFITS AND HEALTH, DEMOCRACY AND FREEDOM
The current political climate tends to obscure serious ethical issues behind the public posturing. Nevertheless, there are important questions about the Free Trade Agreement (FTA) and public health in Australia, specifically the Pharmaceutical Benefits Scheme (PBS). Many poorer countries' confrontations with the large pharmaceutical companies have left these latter with tarnished ethical images. Now the debate has come to Australia.

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INDEPENDENCE AND PROFESSIONALISM: MORE THAN PROVIDING THE INFORMATION THAT CLIENTS WANT TO HEAR
The recent publication of Mr. Scrafton's letter about the children overboard affair has again raised the issue of the independence, autonomy and responsibility of the public service. The question has been a running sore in the context of intelligence and the use of that intelligence and the war in Iraq. While these are political issues, they all concern the professional status of the Public Service. Many professions have codes of practice that attempt to defend the integrity and therefore the position of trust accorded by the community that constitutes a necessary element of each profession's social capital. The public service is not the only profession trailing clouds of doubt about its professionalism.

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INTERESTED IN JAMES HARDIE?
Emerging events in the ongoing asbestos compensation dispute...

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TALK ABOUT ETHICS
Talk about ethics is not new but it certainly is news.
(John Sweeney, Edmund Rice Business Ethics Initiative)

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  Tony Millar
» FORUM: Hypothetical
Who really runs the country?
··STAKEHOLDERS: ETHICAL RESPONSIBILITIES IN TIME OF ECONOMIC DOWNTURN
··PROFITS AND HEALTH, DEMOCRACY AND FREEDOM
··INDEPENDENCE AND PROFESSIONALISM
··INTERESTED IN JAMES HARDIE?
··TALK ABOUT ETHICS...
This newsletter is a publication of the Edmund Rice Centre and the Trustees of the Christian Brothers. While all reasonable attempts have been taken to ensure that the information in this newsletter is correct and that opinions and points of view are in accordance with the purpose of the Business Ethics Initiative, the Edmund Rice Centre and the Trustees of the Christian Brothers do not guarantee its accuracy nor should anything contained in the newsletter be treated as professional advice. The Edmund Rice Centre and the Trustees of the Christian Brothers do not necessarily endorse or recommend any opinions, individuals or organisations which are linked to, or mentioned in, this newsletter.