First Reference Talks

Discussions on Human Resources, Employment Law, Payroll and Internal Controls

shared value

By | 2 Minutes Read

Government updates corporate social responsibility strategy for extractive industry abroad

A review of the federal government's 2009 corporate social responsibility strategy (CSR) for the Canadian extractive industry operating in foreign countries found companies are recognizing “the need to consider CSR in planning and operations,” but are asking the government for more assistance...

By | 5 Minutes Read

Ethics and business conduct

The ethical standards of a company are driven from the top. The ethics policy should be recommended by the president, ratified by the board and rolled out to the company with appropriate explanations and training. Implementing and consistently following a top-down ethics policy—with input from all levels—will help employees, customers, stakeholders and others who interact with the company to understand and relate to the company’s intentions.

By | 2 Minutes Read

Sustainable business frameworks

Recently, I wrote about the concept of shared value, a business strategy under which organizations consider the needs of their communities alongside those of their shareholders, in order to improve conditions for business (and communities where they operate) and maximize profit. What a crazy idea, right? Healthier communities mean more profitable businesses? So crazy it just might work.

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Established in 1995, First Reference Inc. (known as La Référence in Quebec) provides Canadian organizations of any size with practical and authoritative resources to help ensure compliance.

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