Business Ethics Foundation is a Section 8 company (CIN – U93000PN2012NPL142019 2011 – 2012) that
to promote Business Ethics. Dr. S. G. Bapat and Associates, leading corporate trainers in Pune
organized ‘International Conference on Business Ethics’ in December 2009 at the Institute for
Education and Research (IMER) Belgaum. After the conference it was realised that Business Ethics is
only a conference theme but it is matter of building ethics movement in general and business ethics
particular. Inspired by the response of the conference and by ethical company of Shri Suresh Hundre
Polyhydron (Business Ashram) Belgaum, members formed ‘Forum of Business Ethics’ on January 15, 2010 at PUMBA (Department of Management Sciences, Savitribai Phule Pune University).
Founder members continued to meet regularly once in a month to discuss nature of activities, areas
the projects to be handled by the Forum and organized talks of experts in various fields. Forum was
renamed as Business Ethics Foundation and was registered under section 8 nonprofit company on
Nov 2, 2012.
It is a group of like-minded people working to develop and implement philosophically sound and
actionable frameworks for ethical and effective business management. The timeless principle of
dignity of the human being and values of truth, freedom and justice provide the foundation for
Business Ethics Foundation. It is essential that within a business, legitimate pursuit of profit
should be in harmony with the dignity of people involved in or affected by business
including Employees, Owners, Customers, Suppliers and Society. Therefore the Foundation
focuses on efforts to create and strengthen “Ethical Awareness” amongst various business
The foundation tries to reach all industrial sectors including Education Sector through Meetings / Conferences / Seminars
/training / Research Projects / Awards etc. Foundation conducts monthly interactive sessions to
deliberate on various issues related ethics across industry.