Corporate Responsibility & Ethics
AResponsibilities of the directors of 5 Star Enterprise, Inc:
The directors of 5 Star Enterprise, Inc have sole responsibility for the preparation of the Corporate Responsibility information on the web-site. During the past 12 months, 5 Star Enterprise, Inc has developed its corporate responsibility programme. Nevertheless this statement represents our independent opinion and is intended to inform all of 5 Star Enterprise, Inc’s stakeholders including the management of 5 Star Enterprise, Inc. We adopt a balanced approach towards all 5 Star Enterprise, Inc stakeholders and a Statement of Impartiality relating to 5 Star Enterprise, Inc is available on request.
Basis of our opinion:
We based our opinion on face-to-face and telephone interviews with internal staff, clients and executive management at 5 Star Enterprise, Inc corporate headquarters. Our review was based on discussion of management processes, Operation processes and current fulfillment process. Our opinion expressed in this assurance statement should not be relied upon as the basis for any financial or investment decisions.
Opinion:
On the basis of the method and scope of work undertaken and the information provided to us by 5 Star Enterprise, Inc, we have found that overall the information in the Corporate Responsibility section of the web-site presents an accurate description of 5 Star Enterprise, Inc’s management arrangements. Nothing came to our attention to suggest any systematic issues with data collection or consolidation that could result in material mis-statement of performance data, or claims.
Observations:
he Corporate Responsibility section of 5 Star Enterprise, Inc’s web-site represents a welcome first step in reporting on the company’s programs and performance in this area. 5 Star Enterprise, Inc has established clear commitments through its policies in several priority areas. For Operations, 5 Star Enterprise, Inc is in the process of establishing a coherent and consistent approach to the identification and tracking of inventory at client locations and implementation of RFID for major customers. The creation of Operation Steering Group and the focus on developing and implementing standard product development, packaging and hardware device purchases reflect company’s commitment to continual improvement.
5 Star Enterprise has recognised that further work is required to reach its 100%cubed Green initiative of providing 100% Green Products to 100% of our clients 100% of the time. Therefore, stronger customer awareness on the benefits of Green Chemistry is necessary. Future reporting would also be strengthened by extending the scope of data reporting to include customer adoption of Green Cleaning Chemicals vs. Traditional Cleaning Chemicals.