Nowadays, big corporations usually need a strong code of ethics to let the stakeholders know about the mission of the corporation and its values as well. Sometimes, the code of ethic written by the company is not quite in correlation with the way it acts, as a company, as an employer, as a supplier or as a customer. I chose to compare two big multinational corporations, L'Oreal, which is a French cosmetic group, and Unilever, which is one of its main competitors, a British multinational consumer goods company. We need to analyse both of the companies ‘Code of Ethics, to see whether there are efficient and what is the differences between them.
A good Code of Ethics will be written according to several points. It has to describe the values-based actions of the company, it has to respect the stakeholders perspectives, it also has to answer to many different business specific issues. By reading the Code of Ethics of a company, we are supposed to know about its implementation process, and the individual moral thinking of the corporation. To sum up, a good code of ethics is not simply a set of constraints.
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