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An ethical producer has to be concerned with what is practiced by all firms (upstream and
downstream) in the supply chain.
Bribery
The Institute recommends that organisations issue statements of ethical practice in respect
of:
• Relations with customers
• Relations with shareholders and other investors
• Relations with employees
• Relations with suppliers
• Relations with the government and the local community
• The environment
• Relations with competitors
• Issues relating to international business
• Behaviour in relations to mergers and takeovers
• Ethical issues concerning directors and managers
• Compliance and verification
Ethical audit
Purpose: