External - ethics/CSR, additional notes Flashcards

1
Q

Impact of becoming greener on operations

A
  • ## may have to change methods of production to become more energy efficient
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2
Q

Impact of becoming greener on marketing

A
  • ## may have to alter their products to reduce packaging
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3
Q

Impact on R and D of becoming greener

A
  • need to increase their R and D team to create new environmentally friendly products and processes
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4
Q

Impact on HR of becoming greener

A
  • need to train employees on new processes
  • employees feel more motivated, contributing to a greater cause
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5
Q

Environmental initiatives benefitting internal and external stakeholders

A
  • reducing packaging beneficial to owners, reduces landfill tax
  • using less energy lowers pollution which helps gov reach its targets
  • ## using less water reduces water pollution, and reduces chance of water shortages for farmers
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