ETHICAL PRACTICES BY RELIANCE INDUSTRIES LIMITED
Reliance Industries Limited
MUKESH AMBANI
( Chairman and MD)
The Responsibilities that Reliance undertakes for serving the Ethical practices :
HONESTY- We are committed to be truthful in all our actions. We strive to be honest and Forthright with one another and with all our stakeholders.
INTEGRITY- Reliance Group companies insist on Honesty,Integrity and fairness in all aspects of its Business and expects the same in its relationship with all those with it does Business.
RESPECT- We are committed to treat everyone fairly with Respect and Dignity.We appreciate the value , skills , strengths and perspective of our diverse workforce. We request the uniqueness of each employee.We believe that each employee makes a meaningful contribution in Reliance Group Companies Success.
PURPOSEFULNESS- Reliance sees its activities in terms of higher purposes and ideals.This purposefulness is a way of Operating which ties Reliance Group Companies to its enviroment at a mutually beneficial dimension.
TRUST- We endeavour to foster a participatory work enviroment where trust and Confidence between Team Members its spontaneous. We always encourage teamwork with open candid and speedy communications.
RESPONSIBILITY- Our Employees are expected to demonstrate highest levels of personal responsibility and continually affirm that they are responsible to themselves for the pursuit of excellence.
CITIZENSHIP-We are a fiercely Patriotic Company , fully committed to participating in every conceivable way in the progress and integrity of India.We are committed to obey all the laws of India and the Countries in which we do Business and to do our part to make the communities in which we live better.
CARING- Compassion , sharing and kindness are values that we try to inculcate in our decision making process to achieve fairness.
- Reliance Industries Limited is an Indian Multinational Conglomerate headquartered in Mumbai, Maharastra . Reliance owns Businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance is one of the most profitable companies in India.he largest publicly traded company in India by market capitalization.
- Reliance Industries became the first Indian company to exceed $100 billion market capitalization.
- The company is ranked 106th on the Fortune Global 500 list of the world's biggest corporations as of 2019.
- Reliance continues to be India's largest exporter, accounting for 8% of India's total merchandise exports with a value of Rs 147,755 crore and access to markets in 108 countries.
- Reliance is responsible for almost 5% of the government of India's total revenues from customs and excise duty. It is also the highest income tax payer in the private sector in India.
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionare business magnate, and the chairman, managing director, and largest shareholder of Reliance Industries Limited.
According to Forbes Magazine, he is the richest man in Asia and the 10th richest person in the world as of December 2019.
MUKESH AMBANI
( Chairman and MD)
The Responsibilities that Reliance undertakes for serving the Ethical practices :
HONESTY- We are committed to be truthful in all our actions. We strive to be honest and Forthright with one another and with all our stakeholders.
INTEGRITY- Reliance Group companies insist on Honesty,Integrity and fairness in all aspects of its Business and expects the same in its relationship with all those with it does Business.
RESPECT- We are committed to treat everyone fairly with Respect and Dignity.We appreciate the value , skills , strengths and perspective of our diverse workforce. We request the uniqueness of each employee.We believe that each employee makes a meaningful contribution in Reliance Group Companies Success.
FAIRNESS- Reliance Group Companies is firmly committed to fairness and objectivity in all its actions and interactions.Justice and fairness imbibed in the Organization's Fabric ensure Procedural fairness , Impartiality and Consistency in its Operations.
PURPOSEFULNESS- Reliance sees its activities in terms of higher purposes and ideals.This purposefulness is a way of Operating which ties Reliance Group Companies to its enviroment at a mutually beneficial dimension.
TRUST- We endeavour to foster a participatory work enviroment where trust and Confidence between Team Members its spontaneous. We always encourage teamwork with open candid and speedy communications.
RESPONSIBILITY- Our Employees are expected to demonstrate highest levels of personal responsibility and continually affirm that they are responsible to themselves for the pursuit of excellence.
CITIZENSHIP-We are a fiercely Patriotic Company , fully committed to participating in every conceivable way in the progress and integrity of India.We are committed to obey all the laws of India and the Countries in which we do Business and to do our part to make the communities in which we live better.
CARING- Compassion , sharing and kindness are values that we try to inculcate in our decision making process to achieve fairness.
What can be the pros and cons of this
ReplyDeletePROS- It contributes towards the CSR and also contributes towards the social sector and economy as well...
DeleteSuper
ReplyDeleteThnkss a lot..
DeleteWhat you analyse from this ?
ReplyDeleteI strongly analyse that Reliance is doing very well and is also contributing to the Economy as well..
DeleteWhat do you think are ethical practices are right??
ReplyDeleteYes absolutely,Ethical practices are right and very beneficial to the company as well..
DeleteKeep it up
ReplyDeleteVery well👍👍
ReplyDelete