27 May 2022

352

Alcoa Ethical Climate

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Academic level: College

Paper type: Essay (Any Type)

Words: 541

Pages: 2

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Alcoa aims to participate ethically in all the communities that they work in and operate globally. They hold themselves to the highest sustainability and operational standards to ensure they become good neighbors in the communities. The organizations aim at empowering both the local community and employees while viewing their investment in the community as a chance to enhance their economic activities. They ensure they act ethically in their social programs and environmental practices that are sustainable even after the company's role comes to an end (Alcoa, 2017). The company has a deep commitment to building a long-term relationship, investing, and volunteering in the communities. Cordial and close community ties are vital to ensuring they have a social license to operate. Some of the global sites include the United States, Australia, Suriname, Brazil, Spain, Canada, Saudi Arabia, Canada, Guinea, Norway, and Island. 

The leadership at Alcoa ensures that the company has ethics and compliance and ensures that they fulfill their promises. The main value in the company is integrity. The organization's ethics and compliance program that guides all their decision-making. Every employee and partner should understand and act with integrity, comply with all the applicable regulations and laws while adhering to all procedures and policies. To ensure that all employees adhere to the ethics and compliance program, the company has set up a code of conduct (Alcoa, 2017). All employees are trained on the code of conduct. Furthermore, the leadership ensures that they conduct all their businesses globally according to applicable laws and values. They also have an Alcoa Supplier Standards. The Global Network of Integrity Champions has key roles in the company. It acts as a resource and trusted advisor. It ensures that the set values for a core concept in the company. They also raise and promote the role of ethics and culture of integrity in the organization. 

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The leadership has ensured there is an anticorruption that assesses, monitors, and audits all their activities. It also contains an anticorruption policy that guides diligence and contracting procedures in the organization. It also addresses charitable contributions procedure, travel procedures, gifts, and hospitality. They also have a trade compliance program that assesses, monitors and audits their processes and activities. The program adheres to the International Trade Compliance Theory and Standards (Alcoa, 2017). It is also used to train their employees. Employees should undergo training to comply with all the programs. Moreover, the company has an integrity line for the general public, employees, and suppliers Ferrell, O. C., & Fraedrich, J. (2015) . The information that is given to the company regarding malpractices is always protected and confidential. The integrity line is available daily at any time and in eight languages. 

The organization has integrated values into their organizational culture. Their key value is to care for people, act with integrity, and operate with excellence. The value is memorable and brief and is a reflection of the culture in the company made up of thousands of committed employees globally who share the same objectives. The organization aims at being the best while engaging in the appropriate business practices. The company also aims at acting with integrity. The company ensures that they are accountable, open, and honest in all their procedures and processes. Alcoa 3 rd value focuses on operating with excellence (Alcoa, 2017). All the employees pursue sustainable and outstanding results in all their activities so that they can identify and transform all their good ideas into culture and value ( Ferrell & Fraedrich, 2015) . They also ensure that they treat people with integrity and dignity. The company has an inclusive work culture. They aim at protecting their working environment, working safely, and promoting wellness. All in all, they have integrated a human right policy in their culture. 

References 

Alcoa. (2017). https://www.alcoa.com/global/en/who-we-are/values/default.asp 

Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases . Nelson Education. 

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StudyBounty. (2023, September 15). Alcoa Ethical Climate.
https://studybounty.com/alcoa-ethical-climate-essay

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