Chap 2 - Social Justice, Impact, and Responsibility Flashcards
fairness and equality among all people in society and encompasses issues of human rights and the distribution of resources.
Social Justice
Publisher of “Our Common Future” in 1987, the UN’s World Commission on Environment and Development got its moniker from its Chairwoman, Gro Harlem Brundtland, the ex-Prime Minister of Norway.
Brundtland Commission s.
This provides data about a topic or situation, which strategists and managers use to understand the world, inform decisions, and plan for actions.
Indicator
business practice of focusing on activities affecting the triple bottom line interests of all stakeholders.
Corporate Social Responsibility (CSR)
marketing practice of making unsubstantiated sustainability claims.
Greenwashing
engaging key stakeholders in dialogue to understand their vital interests—is essential to fostering sustainable business practices.
Stakeholder engagement
This refers to three functions occurring in the life cycle of a product: materials supply, manufacture, and distribution through to the final customer.
Supply chains
Passed in 1972, this act protects human and environmental health from the effects of air pollution. Over the years, it has been used to cut ozone, sulfur and nitrogen dioxide in order to address acid rain, and remove lead from gasoline. In 2007, the US Supreme Court upheld the EPA’s ability to regulate GHG emissions under this legislation. This action made it possible for the US to drive clean energy efforts despite political opposition.
Clean Air Act (CAA)
This EU regulation is designed to protect human and environmental health from chemical exposure. The legislation also contains provisions relating to the use of animals in research.
Regulation on Registration, Evaluation, Authorization & Restriction of Chemicals (REACH)
This provides a framework for reaching sustainability goals through consistent control of operations, which includes a process for continuous improvement. In addition to offering certification under ISO 14001, ISO 14004 provides guidance for creating this. Many types of these follow the Plan > Do > Check > Act (PDCA) framework.
Environmental Management System (EMS)
The term describes the compensation needed to provide for the most basic of human needs. It permits, families to live locally, based on the local cost of living.
Living wage
This certification supports sustainable development among small producers and agricultural workers in the poorest countries. This type of mark is used throughout Europe, Africa, Asia, Australia and New Zealand. Fairtrade USA is the equivalent mark used in North America.
Fair Trade Certification (FTC)
A business that meets this standard “is one that in no way undermines the possibility that humans and other life will flourish on Earth forever”. To organize around this goal, such businesses focus on developing practices required for tomorrow rather than meeting short-term goals or emulating the current best practices of peers. This standard defines 21 future-fit goals that address social and environmental challenges while improving business performance.
Future-fit Business Benchmark
This describes the ownership of a company by a broad cross-section of employees—from rank-and-file to management—offered through a formal plan by the company.
Employee ownership
Reduction strategy is used to reduce the quantity and improve the quality of materials heading to landfills.
Recycling