Chapter_14_The_Environment_and_Business_Responsibilities

Chapter_14_The_Environment_and_Business_Responsibilities -...

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BUS 306-002  Ethics in Decision Making Chapter 14:  The Environment and Business Responsibilities George Z. Peng
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2 Chapter Outline Business, Its Stakeholders, and the Natural Environment Defining Environmental Ethic and Sustainable Development Environmental Concerns in Business and Society Government’s Influence Environmental NGO Influence Market-Driven Environmentalism Managing Responses to Environmental Concerns The “Greening” of Business Functions Measuring and Reporting on Environmental Sustainability Dissenting Views on the Environment The Environment: Corporate Opportunities and Threats
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14.1 Business, Its Stakeholders, and the Natural  Environment The environment affects and is affected by business.  Some researchers consider the environment to be a  stakeholder. Do you think so? The environment is definitely represented by NGOs  that influence the corporation. The natural environment cannot be ignored in  business decision making.  3
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Table 14.1 Principal Stakeholders and Issues Involved in  Business’s Response to the Environment 4
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5 14.2 Defining Environmental Ethic and  Sustainable Development Business’s responsibilities to the environment are  exemplified by their environmental ethic and by  managers’ understanding of sustainable development. Environmental ethic : the set of values or principles that  govern a corporation’s practices relating to the  environment. Sustainable development : development ensuring that the  use of resources and the impact on the environment  today does not damage prospects for the use of  resources or the environment by future generations.  (Taxation without representation).
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14.3 Environmental Concerns in Business and  Society Acid rain Air pollution (Dioxin) Ecosystems Energy production and  consumption
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Chapter_14_The_Environment_and_Business_Responsibilities -...

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