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“George Weston Limited.”
University Canada West
BUSI601 – Ethics, CSR and Business Environment, Section 22-22
Professor Fatima Catalan
Due before 11:59 PM (PT) on Sunday, September 3, 2022
Declaration:
I declare that the work in this assignment is my own work and I have given credit to all sources of information used in this assignment by including citation and references in the expected APA7 format. I acknowledge that I am expected to exercise the utmost academic integrity in all work submitted for this course. I acknowledge that any form of academic dishonesty including the use of tutoring or artificial intelligence
websites will not be tolerated and may result in an academic dishonesty mention in my student records.
Signature:
Sukhjit Anand Kothari
George Weston Limited-Introduction.
1
We at George Weston Limited, a publicly traded company with headquarters in Toronto, Ontario,
Canada that was originally established by George Weston and started operating in 1882. The
Weston family, who holds an ownership (63%) interest in George Weston Limited, is in charge of
managing the business. In addition to its two operating segments, George Weston primarily deals in
services, such as Loblaw Companies Limited, Canada's largest food and drugstore. which offers
daily needs products, essential medicines, cosmetics and beauty products, clothing, wireless mobile
products, and a provider of financial services, and Choice Properties Real Estate Investment Trust,
Canada's largest and most diversified real estate investment trust. On the one hand, Loblaw has established an independently owned food and pharmacy network
across Canada that serves customers' day-to-day vital needs. On the other hand, Choice Properties
has an extensive footprint with a portfolio of over 700 properties and is fulfilling the dreams of
millions of people. We, at GWL continue to focus on our core operations in order to give unique services to its
customers and deliver flexibility through its nationwide retail and logistics network. Revenue for
Loblaw was $56, 504 million in 2022 and $53, 170 million in 2021. Services sectors enable all
kinds of financial relationships and the connecting link that binds every economy in tandem, and the
source of power that stimulates the development of products (Riddle, 1986, p. 26). GWL generally
deals with the manufacturing and distribution of food while also collaborating with pharmacy drug
stores, grocery stores, and real estate, has a total of 221,285 employees, including 285 full-time
employees at Choice Properties and over 221,000 full- and part-time employees at Loblaw overall.
By partnering with local delivery companies, Loblaw offers home delivery services through 800
pick-up sites, delivers groceries and beauty items with more than 1,050 grocery stores, and supports
its store and pharmacy networks of 1,400 shoppers drug mart with a nationwide network of 25
distribution centers. has around 2,400 shops and pharmacies. On the Toronto Stock Exchange, the
share price of GWL is $152.70 CAD, while that of a share of Loblaw is $118.57 CAD and a share
of Choice Properties is $13.28 CAD. Grocery chains have been growing at a steady rate in the past
few years and so has been the competition. Several businesses compete with George Weston
Limited in the food processing, distribution, and retail industries. Walmart, Tyson Foods, Empire
Co Ltd, and Metro Inc. are the strongest competitors to George Weston Limited. ETHICAL LEADERSHIP
2,3,4
According to studies, ethical leadership is "an act of accepted appropriate behaviour through
personal actions and interpersonal relationships, and of course the promotion of such behaviour
to followers through bilateral communication, encouragement, and making decisions." (Brown et
al., 2005: 120). GWL's moral authority is to support the values of excellence, transparency, and
ongoing development. The organization’s history and offerings of services for operating
businesses and make internal customers a true asset, establishing the culture of the business,
directing its decision-making, and guaranteeing its long-term success. Additionally, by setting
the tone for ethical business practices, following compliance with relevant laws and regulations,
and creating a favourable workplace, the ability to produce high-performing talent that can be
transferred is made possible by hiring diverse colleagues with a variety of abilities and exposing
them to our running businesses.
The following discussion is about the Code of Conduct/Code of Ethics as it relates to the George
Weston Limited
4
:
Code of Conduct/Code of Ethics
Your Analysis/Your Answer
A general statement of ethics, values, or
philosophies.
Yes, there is a declaration of ethics, values, and philosophy:
" We count on each other to do what is right and act ethically
to deliver on our purpose of creating enduring value."
Criteria for decision-making and
compliance with laws.
Yes, there is a declaration – “It is legal and consistent with
GWL’s Core values, and it is demonstrated by its
Framework for any decision to be made”
Responsibility
toward
employees,
including items such as health and
safety, diversity, a respectful workplace,
and privacy.
Yes, there is a policy, that displays “Commitment to treat
others with mutual trust and respect, Nurturing and
advancing a culture of diversity, equity and inclusion at all
levels, Respecting the confidentiality of the reporter
compelled by legal requirements.”
Conflicts of interest, their identification,
and how to handle them.
Yes, “GWL has policies and processes to recognize and
handle conflicts of interest so that decisions are made
impartially and, in the organizations, and the people it serves
best interests, even though this is not stated openly.”
Protection of corporate assets, including
accurate accounting and record keeping,
security of property, and insider
information.
Yes, “It ensures the protection of confidential information,
which is crucial for safeguarding the organization's integrity,
preventing harm to GWL, maintaining trust with
stakeholders, and complying with legal and ethical
standards”.
Appropriate
business
practices,
including honesty, fairness, obeying the
Yes, “GWL conducts business ethically, honestly, and with
the utmost integrity. Responsibility to ensure any
law, and information disclosure.
information disclosure is reviewed by the legal department
and that is accurate, valid, and complete.”
Appropriate conduct on behalf of the
corporation; for example, relationships
with customers, suppliers, competitors,
creditors, and government.
Yes, “GWL adheres to ethical and responsible principles in
all interactions and relationships with various stakeholders.
Its dealings with governments, funders, and partners are
characterized by trust, integrity, and accountability in its
relationships with stakeholders, promoting long-term
sustainability and ethical business practices.”
Responsibilities to society at large,
including contribution to political
parties, lobbying government, responses
to media, treatment of communities, and
concern for the environmental.
Yes, GWL, Commitment to ESG policy, Respecting the
environment, sourcing with integrity, and making a positive
difference in our community.”
Implementation procedures, including
familiarity with the code, reporting of
violations, refusing unethical requests,
and seeking help on ethical matters.
Yes “GWL design framework for employees to, understand
& comply with its ethical standards, report infractions, and
seek assistance on ethical issues in respect of code, it
demonstrates the organization's dedication to honesty.”
Specification of enforcement/compliance procedures and
the penalties for inappropriate or illegal behavior.
Yes “GWL has precise enforcement and compliance policies
to deal with improper or unlawful behavior. Penalties for
inappropriate or illegal behavior typically include
disciplinary measures, up to and including termination of
employment, legal action if necessary, and potential civil or
criminal penalties as mandated by applicable laws and
regulations.”
SWOT Analysis.
5
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b. Team, F. (2022). Hyde v Wrench (1840): Case Brief. Finlawportal. https://finlawportal.com/hyde-v-wrench-1840-case-brief/
c. LawSchoolCaseBriefs.net. (n.d.). Carter v. Hinkle case brief. https://www.lawschoolcasebriefs.net/2013/12/carter-v-hinkle-case-brief.html
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- SLO 9.2. Expediting: May be caused by the buyer or the supplierIs caused by buyer behavior onlyIs caused by supplier behavior onlyMay be the result of legal noncomplianceIs a routine order tracking process SLO 10.1. Radio frequency identification (RFID) will: Eliminate bar coding and manual countingEliminate further investment in information technologySupplement bar coding to reduce theftBe more cost effective to implement than bar codingImprove data capture but slow down inventory pickingarrow_forwardOPM 301 Case 5 (HAND-Written, Individual submission) CASE 5A: Using Drones as SCM logistic channel Using drones to drop off packages could be great for buyers who might want to get certain items as fast as humanly possible. Back in 2013, when Amazon revealed plans to begin delivering packages via flying drones through Prime Air, some seemed skeptical about the reality of deploying such a system. Recently, Amazon doubled down on those claims by releasing information on one of its new drones in action, and it is seriously impressive. A new video presented by former Top Gear host Jeremy Clarkson (who is working on a show for Amazon) takes us through the entire process, from ordering, to warehouse launch, to delivery. The new drone looks a lot different from the one Amazon showed us a couple of years ago. This one has a more commercial and streamlined look, and instead of showing the package hanging in open air, the new drone hides the item in a square compartment. Just Google "Amazon…arrow_forwardIf a sale staff is found not verbally disclosed specific features and materials risks of a high yield bond, which of the following is the most suitable follow-up action in Hong Kong? A. the sale staff should provide the key risk factor disclosure to the customer once again B. the sale staff should send an e-mail to the customer by highlighting the specific features and materials risks of the high yield bond. C. the sale staff should make a supplementary call to the affected customer and adio-record the disclosure in due course. and acknowledgement from the customer is obtained to confirm his/her/their understanding or the disclosure. D. if the transcation is completed, no further action is required.arrow_forward
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- SCENARIO 1: Holding Charity Auctions in the Office Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seeking treatment for heart disease and I don't have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I've been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child." Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela's situation and they convinced Justin to give his permission to Angela's proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela's situation. SCENARIO 2: Misleading for Good Purpose Vince is the inspector in charge of…arrow_forwardSCENARIO 1: Holding Charity Auctions in the Office Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seeking treatment for heart disease and I don’t have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I’ve been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child.” Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela’s situation and they convinced Justin to give his permission to Angela’s proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela’s situation.arrow_forwardSCENARIO 1: Holding Charity Auctions in the Office Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seeking treatment for heart disease and I don’t have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I’ve been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child.” Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela’s situation and they convinced Justin to give his permission to Angela’s proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela’s situation. is it best ratio approach, black and white approach or full potential…arrow_forward
- SCENARIO 1: Holding Charity Auctions in the Office Angela, the bank employee, approaches Justin, the bank manager and says: "My daughter is seeking treatment for heart disease and I don't have a health insurance policy. My salary is insufficient to meet the medical expenses. Over the years, I've been collecting autographed albums of various artists. I would like to seek for your permission to hold a charity auction in the office. I will also send fliers to the clients of our bank. Everyone is welcome to bid for these albums, so I can raise money for the medical treatment of my child." Three (3) other bank employees, Roland, Joven, and Janeth, overheard this conversation. They empathize to Angela's situation and they convinced Justin to give his permission to Angela's proposal. Requirement: Based on the given scenario, explain the most appropriate ethical decision model that can be applied to Angela's situation. SCENARIO 2: Misleading for Good Purpose Vince is the inspector in charge of…arrow_forwardYou have been tasked to establish and implement an effective hearing conservation program for a manufacturing industry. Noise monitoring shows that the employees working in the production area has been exposed to 8-hour TWA noise exposures between 85.0 dBA and 90.0 dBA. REQUIREMENT/ASSIGNMENT QUESTION Based on the latest DOSH requirements, discuss the requirements for an effective hearing conservation program and steps to make the program as effective as possible. a) Your report should include the following: i.Executive summary ii.The objective and importance of conducting noise monitoring iii.Process description (Flow chart, diagram etc.) iv.Methods and measurements v.Results and discussion vi.Conclusions and recommendations to reduce the noise exposure in the company b) Each aspects must be discussed and supported with evidences (pictures, documents, flow charts, etc) from the selected company. c) Relevant regislations related to each aspect must be properly quoted and discussed. (…arrow_forwardDiscuss the most critical requirement in BCM with proper justification.arrow_forward
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