Fundamentals of sustainable buisness Flashcards
What does CSR stand for?
Corporate social responsibility
List the 12 ethical principles for business executives
1) Honesty
2) Fairness
3) Leadership
4) Integrity
5) Compassion
6) Respect
7) Responsibility
8)Loyalty
9) Law-abiding
10) Accountability
11) Transparancy
12) Environmental consciouness
How many SDGs are there?
17
Greenshifting meaning
Transferring blame for sustainability to consumers.
Explain Global Reporting Initiative.
Allows hotels to measure, manage and report on their sustainability performance.
What are the three parts of CSR?
Economic progress, social justice and environmental preservation
Explain replacement rate.
Not consuming resources faster than the amount of time it takes for them to replenish
Explain equilibum
Balance between the sources taken and the ones available.
What are the four consequences of excessive consumption?
1) Climate change
2) Air pollution
3) Plastic pollution
4) Declining ecosystem health.