ecological responsibility and business ethics

8/2/2019 Ecological Responsibility and Business Ethics

1/19

Click to edit Master subtitle style

4/24/12

EcologicalResponsibility,Business Ethics

and CorporateGovernanceBy:Hazel Ann M. Gabriel

Submitted to:

Luzviminda A. Rodrin, Ph.D.


2/19

4/24/12

Topic OutlineO Ecological Responsibility

O Assessing Ecological Impacts

O Business Ethics

O Culture as a great impact on Ethics

O Ethical Awareness

O Good Governance


3/19

4/24/12

Ecological Responsibility

Commercial Organizations concernwith ecological environment resultedfrom two principal factors.
http://c/Users/Neo/Desktop/videoplayback_8.FLVhttp://c/Users/Neo/Desktop/videoplayback_8.FLV


4/19

4/24/12

Ecological

Responsibility

1. There has been growing pressure on

natural resources, including those thatdirectly or indirectly are used in firmsproduction process. This is evidencedby the extinction of species of animals

and depletion of hardwood timberresources.


5/19

4/24/12

Ecological

Responsibility

2. The general public has become

increasingly aware of ecological issuesand more important, has shown agreater willingness and ability to spendmoney to alleviate the problemsassociated with ecologically harmfulpractices.


6/19

4/24/12

Assessing Ecological

Impacts

It can be difficult for a organization

to know just what is meant by the ideaof being friendly to ecologicalenvironment.


7/19

4/24/12


ImpactsThe following are the recent exampleswhich show how it can be difficult toevaluate the ecological credentials ofthe product:

1. Recycling of old newspapers are

traditionally been thought of as a goodthing, but recently thinking hassuggested that there are greaterenvironmental benefits from burningthem and planting new trees to growfresh materials rather than using


8/19

4/24/12


Impacts2. In the 1980s, diesel was seen as arelatively clean fuel because itproduced less greenhouse gases anddiesel engines were more efficient thanpetroleum engines. In 1990s,particulates released into theenvironment by diesel engines had

become linked with increasing levels ofasthma and the environmentalcredentials of diesels weredowngraded.


9/19

4/24/12


Impacts3. Similarly, some of the shine wastaken off of unleaded petroleum whenstudies began showing that an additiveof unleaded petrol- benzene- wascarcinogenic.

4. Both the supporters and opponentsof proposals to build bypasses aroundtowns use environmental argumentssupport their arguments.


10/19

4/24/12

Business Ethics

Ethics is essentially about the

definition of what is right andwrong.


11/19

4/24/12

Culture as a Great

Impact in Ethics

Culture has a great effect in defining

ethics and what is considered unethicalin one society ma be consideredperfectly acceptable in another.


12/19

4/24/12

Culture as a Great in

EthicsIn Western societies, unethical

considerations confront commercialorganizations on many occasions. Forexample:

1. A drug company may advertise aproduct and provide information whichis technically correct, but omit toprovide vital information about sideeffects associated with using theproduct


13/19

4/24/12

Culture as a Great

Impact in Ethics2. A dentist is short of money anddiagnoses spurious problems which callfor his unnecessary remedialtreatment.

3. In order to secure a major new

construction contract a salespersonmust entertain the clients buyingmanager with a weekend all expensespaid holiday.


14/19

4/24/12

Ethical AwarenessFirms are responding to increasing

levels of ethical awareness by trying toput their own house in order. There aresome examples of how firms have goneabout the task.

1. Many companies have identifiedsegments of their market who areprepared to pay premium price inorder to buy a product which has beenproduced in an ethical manner or aform of company that has adopted

ethical practices.


15/19

4/24/12

Ethical Awareness3. Greater attention to training canmake clear to staff just what isexpected of them.

4. More effective control and rewardsystems can help to reduce unethical

practices within an organization.


16/19

4/24/12

Good Corporate

Governance

Governance means the process of

decision- making and the process bywhich decisions are implemented or notimplemented.

The manner in which power is

exercised in the management of acountrys economic and socialresources for development.


17/19

4/24/12

Characteristics of Good

Governance1. Participation

2. Rule of law

3. Transparency

4. Responsiveness

5. Consensus Oriented

6. Equity and inclusiveness

7. Effectiveness and efficiency

8. Accountability


18/19

4/24/12

Priorities of Governance1. Concern of government, donors, civilsociety organizations, with better goalsor ends in, development, economicgrowth, democracy.

2. Participation

3. Non discrimination, fairness,

poverty alleviation

4. Choosing means or techniques

Measures combining means and ends


19/19

4/24/12

Thankyou !!!

ecological responsibility and business ethics

Documents