Question:
Business that meets the needs of the present without compromising the ability of future generations to meet their own needs. Akin to walking lightly on the earth, taking only what’s needed, and leaving behind enough for future generations to have access to the same resources. Creative business people need to develop new ways to benefit the triple bottom line – people, planet, profits. Swift growth due to realization that sustainability is the right thing to do, and can also drive revenue, savings, and give a competitive edge.
Do future generations have an equal ‘right’ to the earth’s limited resources Future generations do not presently exist (and may never exist) therefore, they have no rights Rights exist to protect certain ‘interests’ of the right-holder - we do not know what the ‘interests’ of future generations will be How much of the earth’s finite resources should we set aside? Do we sacrifice our living standards and if so, by how much.
Answer:
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What are some of the main ethical and/or CSR issues involved in this case or dilemma?
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In this particular case or dilemma, the author have mentioned various ethical issues. However, the main ethical key ethical issues revolves the environmental issues and stakeholders. In this section, there are the top ten environmental issues that have been disclosed in this case. These issues can be highlighted as follow:
1. Deforestation. This environmental issues has led to land degradation.
2. Oceans and fisheries. On this particular issue, a lot of cases have been reported on degradation of marine environments.
3. Waste management. Waste management has been achieved by making use of used materials and recycling.
4. Depletion of ozone layer. This involves the montreal protocol.
5. Air pollution. This has led to acid rain and smog.
6. Land use and biodiversity had led to biological diversity endangerment.
7. Water. This issue points out on quality and quantityof fresh water.
8. Energy. This issue address fossil fuels and the adverse depletion of minerals.
9. Global warming and climatic change are yet another environmentaal issues that results to greenhouse effect.
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Who are the main stakeholders and what are each of their primary interests?
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There are several stakeholders in this case. They include:
1. Businesses
2. Green investors
3. Green employees
4. Green consumers
5. Environmental special interest groups
6. Governments
7. Supranational organisations such as Kyoto protocol, Envoronmental programs, montreal protocol to phase and the united Nations.
Again, there are several primary interests that correspond to each stakeholder.
Accomodators are primary interests to green investors, green employees and green consumers. Radicals are interested on businesses. Mainsteams are interested on supranational organizations while ecoterrories are interested on environmental special interest groups.
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What theoretical frameworks or models that you are aware of so far in this course might apply to this situation?
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There are various models or theoretical frameworks which happen to be ethical approaches to environmental issues. Ecoligical ethics model is able to summarize the theoretical framework in three important ideologies.
1. Each individual has a mere responsibility to preserve and recognize the ecological system within which we live.
2. Ecological model is an interdependent and interrelated combination of environment and organism. This is a direct application in the current situation.
3. Environment deserves protection measures and mechanisms even if no benefits are directed to human being.
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What actions or decisions would be likely to yield the most ethical and socially responsible outcome(s)?
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There are various decisions that can yield the most appropriate ethical and socially responsible outcome on environmental issue. These decisions correlate to the sustainable development in the business ethics. To start with, the article dictates that all the renewable resources need not be utilised at rates that may go beyond the ability of the system to replenish itself.secondly, all the non-renewable resources can only be at the rate that alternatives are developed or the compensation of oppurtunity loss. Lastly, the decision that asserts that waste and emission need not generate a rate that go beyond the capacity of the ecosystem to assimilate them is very important to ethical and social responsibility.
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Any additional comments or thoughts on this case or dilemma? e.g.
· do these issues/dilemmas relate in any way to your daily life?
· do they relate to in any way to someone you know? (and/or a similar situation that you may be aware of?)
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These issues have happened not once but times without numbers to many people. They have also related to the current daily life and occurences. Environmental issues relate to the daily life in the sense that, every single day a lot of cases are reported concerning environmental issues. Water and air pollution being the main issues on discussion by world environmental organizations. This issue actually relate directly to my daily life in the sense that, most of the people living in the urban centers have various environmental issues affecting them. I as a representative of this cohort, water in the urban center has led to problems. Quality and quantity water is an issue to urban center residents. Air pollution also relate to these residents. This dilemma relate to the citizen of the many republic nations due to high effect of climatic changes and global warming.
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