Ethics Ch7 Flashcards
Sustainable development
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs
Brundtland report
Report entitled ‘our common future’ issued by the commission of the United Nations which is aimed to pursue a common goal to support sustainability world wide
Triple bottom line
Three components of sustainable development, economic growth, environmental protection, social equality
CSR corporate social responsibility
Objectives an policies adopted by an organisation to support sustainability and sustainable development
Public interest
The welfare of the general public in which the whole of the society has a stake
Reputational risk
A risk of loss resulting from damage to an organisations reputation which could be a result of a poor attitude to sustainable development
Three objectives of sustainable development
Economic growth
Environmental protection
Social equality
What is sustainablility
The ability to last
Green policies protect ….
The environment, save energy and ultimately benefit society
Sustainability involves which issues
Economic and social issues
In 1983 the UN United Nations set up the world commission on environment and development (WCED) chaired by who?
A former ……….. prime minister
Gro Harlem Brundtland, a former Norwegian prime minister
Profit at all costs
Businesses world wide has be able to operate without restrictions their only goal being to generate profit. Increased environmental damage
In 1987 the Brundtland commission as WCED became known, published its what?
Report ‘our common future’ the report defined sustainability as..
Report ‘our common future’ the report defined sustainability as..
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs
Economic growth relates to…
Individual country’s: the growth in the economy of a country should lead to an overall increase in the wealth of that country which benefits its population
Individual organisations: profit generated by organisations will increase the wealth of the owners and employees
Individual country’s:
the growth in the economy of a country should lead to an overall increase in the wealth of that country which benefits its population
Individual organisations:
profit generated by organisations will increase the wealth of the owners and employees
Sustainability relies of three factors. Not just the generation of profit.
Cheep labour, poor working conditions, use of hydrocarbons effects ozone layer
Examples of environmentally friendly policies
Supermarkets reward customers for reusing plastic bags, reducing the plastic bags in landfill
Recycling paper metal and certain plastics and dusting recycled office supplies
Promoting car sharing, cycle to work incentives and use the low emmison company vehicles that reduce the carbon footprint of a business.
Only trade with suppliers that have certified green poclicies eg company’s that make toliot paper replace the trees
Encouraging staff to reduce energy usage by turning off lights only filing and boiling kettle with required amount of water.
Following green policies also benefit the company eg saving money on energy bills, spend less on expensive resources
.
Social equality and sustainability
Focuses on the wellbeing of people. Extends beyond ensuring employees are happy and well treated in a workplace.
Organisation should consider the social equality of the local community and society as a whole.
International news reports regularly highlight extreme poverty and poor living
.
Some examples of how organisations can promote social responsibility locally and world wide
Making charitable donations which help support the socially unprivileged
Only reading with overseas suppliers that can provide evidence of reasonable pay and decent working conditions
Supporting local initiatives to get out of work people back into work
Sponsoring local sports events that give something g back to the local community
Corporate social responsibility reports
CSR reports. These reports detail how the organisation takes responsibility for supporting sustainable development through policies and procedures. It also identifies to what extent it has achieved its CSR objectives
