The Tyson Foods Code of Conduct outlines expected behavior for all Tyson team members and members of the Board of Directors. All actions and behaviors must be consistent with Tyson's core values. Tyson expects all team members and directors to conduct business fairly, ethically and in accordance with all applicable policies, laws and regulations. These core values are the cornerstone of all Tyson interactions with customers, suppliers, communities and each other. Tyson team members and directors may not engage in conduct that could raise questions about Tyson's honesty and integrity or otherwise embarrass the company. Team members and directors treat each other with dignity and respect and refrain from any form of harassment or discrimination.
FAQs
What is the value of ethics and compliance? ›
Compliance and ethics program helps an organization ensure adherence to applicable laws, regulations and standards. It also helps create an ethical culture among employees by establishing clear expectations of ethical behavior and providing training and support to ensure those expectations are met.
What does ethics and compliance mean? ›In the context of corporate governance, compliance means obeying the law. Ethics is the intent to observe the spirit of the law, in other words, it is the expressed intent to do what is right. The aftermath of unethical behavior can be devastating for a company, as we have seen time and time again.
Why is ethics and compliance important in the workplace? ›Increases productivity. Research shows that “upholding ethical practices in the offices enhances better performance of the office manager,” especially when the code of conduct aligns with employees' personal values. Improves compliance. While an action or behavior might be legal, it is not always ethical.
What are the goals of ethics and compliance? ›One of the main goals of ethics and compliance departments should be to make sure that they are clearly and continually communicating every aspect of the corporate culture to their employees. The other main goal is to make sure they're doing all they can to reinforce the ethical culture in every aspect of the business.
What is an example of ethical compliance? ›Examples of ethical behaviors in the workplace includes; obeying the company's rules, effective communication, taking responsibility, accountability, professionalism, trust and mutual respect for your colleagues at work. These examples of ethical behaviors ensures maximum productivity output at work.
What are the benefits of ethical compliance? ›- Proactively protects the University from both financial and reputational harm.
- Promotes a community-wide culture of compliance.
- Creates a centralized source for information and guidance on all compliance obligations.
- Increases operational efficiency.
- Communicate standards and procedures: ...
- Educate and train: ...
- Audit and monitor: ...
- Report: ...
- Address every allegation:
Maintaining compliance equips your employees to do their jobs well, reach their career goals, and keep customers happy. In turn, your company can achieve its goals and grow faster. In the unfortunate event that your organization faces a lawsuit, your corporate compliance program will help in court.
What is the value of compliance? ›Compliance refers to the act of following the legal, regulatory, and ethical standards that apply to business operations. The Importance of Compliance for businesses cannot be overstated as it helps them avoid legal troubles, maintain a good reputation, and earn the trust of their stakeholders.
What are 5 benefits of ethics in the workplace? ›Yes, But What Can it Do for the Bottom Line?” (Management Decision, V28, N6, 1990) explain that managing ethical values in the workplace legitimizes managerial actions, strengthens the coherence and balance of the organization's culture, improves trust in relationships between individuals and groups, supports greater ...
What is the purpose of the ethics? ›
Ethics is what guides us to tell the truth, keep our promises, or help someone in need. There is a framework of ethics underlying our lives on a daily basis, helping us make decisions that create positive impacts and steering us away from unjust outcomes.
What is the first step in ethical decision making? ›There are different steps in the ethical decision-making process. The first step is determining whether there is an ethical dimension to the issue requiring a decision.
What are the two main goals of ethics? ›The two main goals involved in ethics are the ability to discern right from wrong and the commitment to act on a decision.
What is the most important element of an ethics and compliance program? ›Both the structural and the substantive policies and procedures are essential to a compliance and ethics program so that the rules to which employees will be held accountable and the method for enforcing the rules are clearly documented.
What is the primary goal of compliance? ›The main goal of a compliance program is much more than just following laws and rules. It's really about creating a way of doing things in a company that's based on strong ethics and integrity. This means making sure that how a company operates is law-abiding, responsible, and reliable in a social sense.
Why is ethics an important value? ›Ethics are the principles that guide us to make a positive impact through our decisions and actions. Ethics play an important role not only in our personal lives but also in business. We are all encouraged to make ethical choices and apply ethics in all areas of our lives.
What is ethics as a value? ›Ethical values provide the moral compass by which we live our lives and make decisions. They also highlight why organisations should focus on creating a shared ethical culture where employees feel empowered to do the right thing rather than simply following a set of rules.
What is the role of ethics in value? ›Ethical values serve as a guiding force for individuals to make decisions that align with their principles and beliefs. They help individuals understand the consequences of their actions and provide a framework for ethical decision-making.