Verizon fulfills its social responsibility in its eyes by running a volunteer program for all natural disaster and to help the homeless population. On top of that Verizon has a donation program for a variety of charities and will match every dollar that is donated. As for its ethics, Verizon has a strict code of ethics. They require that every employee go through training so that they can make the right decisions based on Verizon's values. This program is constantly updated and has been updated as recently as 2009 and has new additions to the training program set to be implemented at the end of 2010. Verizon also offers three separate hot lines that they constantly urge employees to use if they have any concerns or ethical questions and each hot line number is completely anonymous. To ensure that things within the ethical questioning process is done ethically, Verizon established their Corporate Responsibility Executive Council in 2007 to overview all processes involving ethics. Overall Verizon's activities to satisfy their social responsibilities is fairly common and expected, their views on ethics and programs to ensure things are done the right way is very good.
P.S: Below is a link to an example of Verizon contributing to a social responsibility.
http://www.nj.com/hobokennow/index.ssf/2009/05/new_verizon_store_donates_2500.html
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