Corporate Social Responsibility 

True. 90% of consumers consider a company's commitment to social responsibility important when buying a product.

True. The HUL Code of Business Principles reflects the Company's commitment to the principles stated in its Code. 

True. HUL's Code of Conduct involves everyone from stakeholders to Board of Directors. 

True. Corporarte governance is nothing but a system of rules and practices by which a company is controlled. 

To enhance the global relationships is not a reason why firms tend to engage in business ethics. Business ethics, which is also referred to as corporate ethics, is a form of ethics that focuses on the principles or problems that exist in a business environment. These ethics have their origin coming from people, morality, the organization’s statements, and from the legal system. Professionals working in these sectors tend to follow these ethics that contain the standard code of conduct and rules to follow while working in organizations and corporate areas. They are extremely vital to a business’s success and the overall image that it has in the market.

Ethical theories are conduct that should be followed in order to have good ethical practice.

To avoid diseases and promote health and hygiene.

True. HUL could only grow and prosper and branch into multiple product segments because of its continued commitment to social responsibility towards various interest groups: consumers, society and government, employees, and owners. 

True. The potential benefits of CSR to companies include:

• better brand recognition.


• positive business reputation.


• increased sales and customer loyalty.


• operational costs savings.


• better financial performance.


• greater ability to attract talent and retain staff.


• organisational growth.


• easier access to capital.