“…THE SHELL GENERAL BUSINESS PRINCIPLES ARE A BEDROCK OF OUR SUCCESS, THROUGH TOUGH TIMES AND GOOD TIMES”: PETER VOSER, CEO
WHEN SHELL INTRODUCED ITS GENERAL BUSINESS PRINCIPLES IN NOVEMBER 1976 IT WAS ONE OF THE VERY FIRST COMPANIES IN THE WORLD TO DO SO.
Andrew Vickers, today’s guardian of the principles, explains why they were needed: “Historically, Shell had been a collection of disparate companies,” he says. “There was a feeling that we needed a collective statement of principles to enable us to conduct our business in a consistent way across our global operations. It was initially just one side of paper, but it provided the foundation for much of the Shell success story in the years since then.”
Dynamic and relevant
The business principles have evolved over time with updates in 1984, 1988, 1990, 1994, 1997 and 2005.
Vickers says:
“Our Business Principles are dynamic and continually reflect the world outside. So, in the late 1980s and early 1990s, as the world become more aware of, and concerned by, issues around sustainability we adapted our principles accordingly. Equally, in 2005 after the collapse of Enron, we amended the principles to include strengthening compliance.”
Today, the Shell General Business Principles is an eight-page document in which the eight principles are outlined. They cover the following areas: economic; competition; business integrity; political activities; health, safety, security and the environment; local communities; communication and engagement; and compliance. They are all underpinned by the core values of honesty, integrity and respect for people. read more
Like this:
Like Loading...
This website and sisters
royaldutchshellplc.com,
shellnazihistory.com,
royaldutchshell.website,
johndonovan.website, and
shellnews.net,
are owned by
John Donovan. There is also a
Wikipedia segment.