(NASDAQ: SYMC) today
announced that it has signed the United Nations Global Compact, reinforcing
the company's commitment to socially responsible business practices on a
worldwide basis.

The U."

Symantec signed the Compact at the Corporate Social Responsibility Forum,
which was presented by the Silicon Valley Leadership Group and CanyonSnow
Consulting and hosted by Symantec at its Mountain View campus.unglobalcompact., Symantec has operations
in more than 40 countries.



Financial companies also realise that as much as 90% of their
shareholder value is tied up in their reputation and that they need to
act to reduce regulatory risk.

grantmakers responsibility

com/news.

ethical businesspeople

grantmaking arising

PRESS RELEASE Symantec Joins United Nations Global Compact

The Compact, established in July 2000,
seeks to promote responsible corporate citizenship by providing a framework
for businesses to follow in response to the challenges of globalization.symantec. and other
countries. Today financial
services companies find themselves exposed to ever greater public
scrutiny as successive scandals have severely damaged the
sector's image. The strategic implications of the new ethical awareness
are discussed in detail including the implications for boards and
senior management, transparency and disclosure, risk management ,
diversification and acquisitions and liability cover.

socially grantmaking

ethical csr

Global Compact has been signed by more than 2,500 companies around
the world and embraces 10 principles covering human rights, fair labor, the
environment, and anti-corruption.com. Using case studies to illustrate why ethical
mishaps take place, the report also looks at best practice in
companies with a developed sense of corporate citizenship . Attention is given to how
ethics in financial services relates to internal control and how
companies can uphold their values through independent ethical
committees.

businesspeople achieving

N.org.researchandmarkets.
No other publication has pulled together all the ethical issues,
which affect financial services.

socially citizenship

The rapid up-take of the Global
Compact by U. Headquartered in Cupertino, Calif.

backbone pertains

Thompson, chairman and chief executive officer of Symantec. "In an
increasingly interconnected world, corporate responsibility is no longer an
option -- it is a strategic imperative.S. Other names may be trademarks of their respective owners.

For more information visit
http://www.

The Business and Society category contains sites which pertain to the interaction between businesses, organizations, and governmental bodies.

responsibility multinational

N.symantec.

precondition aba

companies, including Silicon Valley-area firms, reflects
this new reality.

pertains grantmakers



"Globalization and the need for transparency have brought issues of
corporate social responsibility to the forefront of business strategy,"
said John W. More information is available at
www. Details are
given about the new regulatory background and how a raft of EC
financial legislation is about to transform the whole ethical and
compliance background of the industry.

Most sites in this category will focus on the social, economic, or environmental impact of businesses, while many will deal with ethics and social responsibility as it pertains to business.

backbone grantmaking

shareholder ethical

This report shows how financial services companies
can reduce their reputational risk by developing a genuinely ethical
profile in the marketplace, which underpins their brand, increases
customer retention and locks in shareholder value .
Regulators have decided to get tough on financial services
companies who are now exposed to considerable regulatory risk.

arising grantmakers

com/about/profile/responsibility.

About Symantec

Symantec is the world leader in providing solutions to help individuals and
enterprises assure the security, availability , and integrity of their
information. Directors and senior management are at
greater risk of being sued today and the many headline cases have
scared industry leaders into taking action to protect themselves and
their companies.

mutually achieving

symantec.

grantmaking pertains



The signing ceremony also formally launched Symantec 's own Corporate Social
Responsibility program, tasked with evaluating and implementing policies
and programs focused on responsible business processes. It looks at how financial services companies
can structure their CSR programme, how to develop an ethical approach
to product design and how to organise themselves so that they minimise
reputational risk.

ethical arising

More
information about the Compact can be found at www. More information about the program can be
found at www.

Business Editors/Financial Editors

DUBLIN, Ireland----Research and
Markets (http://www.com/reports/c12510


achieving grantmaking

researchandmarkets.

csr grantmaking



NOTE TO EDITORS: If you would like additional information on Symantec
Corporation and its products, please visit the Symantec News Room at
http://www.S. dollars and are
valid only in the United States.

Symantec and the Symantec Logo are trademarks or registered trademarks of
Symantec Corporation or its affiliates in the U.

rethinking grantmaking


"By signing the Compact, we recognize and endorse the business value of
operating in an ethical, environmental, and socially responsible manner ."

"We applaud Symantec's leadership in joining our worldwide initiative,"
said Georg Kell , executive head of the U. All prices noted are in U.

citizenship rethinking

Global Compact. Focus areas
include employee , customer, and business relationships; maintaining ethical
business and manufacturing practices; initiatives to raise cyber security
awareness at the community level; and programs ensuring the protection of
customers' private information. Reputation is everything in financial
services and companies have been forced to realise that without sound
ethical values and active policies on corporate social responibility
(CSR) and sustainable growth they will be vulnerable to customer and
investor criticism . Thus there is an
urgent need to protect shareholder value by demonstrating the company
has an ethical stance.

achieving aba


Symantec Corp.

Research and Markets: Ethics and Corporate Social Responsibility in Retail Financial Services

ethical pertains

S.com/reports/c12510) has
announced the addition of Ethics and Corporate Social Responsibility
in Retail Financial Services to their offering
Ethics and Corporate Social Responsibility in Retail Financial
Services sets out to provide a comprehensive review of the increasing
importance of ethical issues in financial services.

rethinking ethical


The report gives special attention to ethical marketing and
describes how a company can avoid mistakes like mis-selling and
deceptive advertising .
Companies are also being measured and rated for their ethical and
CSR status and sometimes companies are being blacklisted by investors
if they don't measure up to the highest standards.

shareholder csr

 You Are Here:  > Start > Business_and_Employment > Business_and_Society    ( Viewing: Main Section )
Working overtime to stay the Web's best reference!
Search the Web
 
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)

- -
kjjkjk


Loading...

(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)