Value Of Incorporating An Environmental Ethics Essay
Environmental ethics is one of the rapidly growing fields. It is concerned with how individuals relate with or take care of the environment (Akinsemolu, 2020). Environmental ethics aims at evaluating human and non-human morality relating to the environment (Akinsemolu, 2020). Furthermore, the primary goal of environmental ethics is to rethink human consumptions that are not sustainable for the planet. It is categorized in three major forms. The first form of environmental ethics is libertarian extension, which the rights of humans are extended to all beings (Akinsemolu, 2020). The second form are animal rights defenders who hold that all species should be given same moral regards and rights (Akinsemolu, 2020). The third form is ecological extension in which rights of humans are extended to non-human beings. All biological beings are interdependent, making them equally important (Akinsemolu, 2020)Value Of Incorporating An Environmental Ethics Essay.
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Corporate social responsibility (CSR) has gained polarity in various industries currently.
According to Kim and Thapa, (2018), corporate social responsibility (CSR) entails various operating practices and strategies developed by a company to improve its relationship with various stakeholders, including customers, suppliers, and the community and the natural environment. In the modern world, consumers have become socially concerned. Their purchase decisions are significantly influenced by socially responsible practices. Consequently, companies have embraced social responsibility leadership. By meeting stakeholders’ social needs and protecting the environment, company’s goals are achieved.
Environmental ethics explore the morality in individuals’ conduct regarding the environment and other species surrounding them. Companies and their key stakeholders, including employees, suppliers, and customers should demonstrate environment ethics by protecting the environment from potential harm. Specifically, companies should adhere to conservation ethics, which holds that the environment should be respected as humans. This form of ethics focuses on nature’s extrinsic value since it relates to human growth and sustainment (Elliott, 2020). For instance, companies can apply conservation ethics by saving the environment from potential harm caused by emitted gases such as carbon monoxide or chemicals channeled to water bodies or the ground. Instead, companies are recycling wasres released during production activities Value Of Incorporating An Environmental Ethics Essay.
Companies have a duty to protect the environment from adverse effects that might result from their business activities. This goal can be achieve by recycling waste materials instead of releasing them to the environment where they could cause harm. Additionally, companies can protect the environment by saving energy; hence avoiding exhausting natural forms of energy. By recycling wastes and saving energy, companies will achieve sustainable development, which is harmless to the environment.
Companies should consider benefits and shortcomings that might result after applying environment ethics in their business operations and activities. The first benefit involves preserving the environment. The environment is protect from negative impact of CO2 and other pollutants once environment ethics is considered during business operations. The second benefit involves creating a sustainable development. Companies that apply environment ethics in their operations meet their stakeholders’ needs while preserving the environment for future generations. Lastly, this business approach results in a positive company image. In the modern world, consumers are concerned with the environment. Most individuals prefer buying from companies that are environmental conscious. Therefore, by preserving the environment, company’s sales volume, revenue, and profitability increase. However, application of environment ethics in business activities increases operation expenses. The company must invest huge amount of money in developing an environmental-friendly system that facilitate recycling of wastes.
The board of directors can take various actions to successfully incorporate environmental ethics into company’s business operations. The first action involves evaluating the extent of environmental harm caused by company’s activities. The company should determine the extent to which the emitted gases and other pollutants adversely affect the environment. The second strategy involves examining potential greener practices that the company can adapt to prevent environmental harm. The third action is incorporating the most effective greener practices into company’s business activities. The board should implement a greener practice with success history in preventing environmental harm into the organization. This strategy will prevent adverse environmental impacts that could result from the company’s business operation. The last approach involves educating the employees about greener practices that has been incorporated into company’s business operations. By equipping employees with knowledge and skills, the board of directors will establish a solid foundation for creating a company-wide and long-term environmental business ethics plan.
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You are the vice president for environmental affairs at a Fortune 500 company. You have been asked to prepare a 8-10 slide Microsoft® PowerPoint® presentation for the board of directors on the value of incorporating an “environmental ethic†into the business activities of the company. While the board is somewhat skeptical of this idea, they are willing to approach this new way of thinking about business with an open mind. To aid in your efforts at persuasion, you must also prepare a 2-3 page speech to accompany your slides that will explain why applying an environmental ethic would be to the company’s benefit Value Of Incorporating An Environmental Ethics Essay.
You have discussed your presentation with the chief executive officer, who supports you, and you both agree that you must address the following issues in both your presentation and your speech:
What is an “environmental ethic,†and how does it relate to socially responsible leadership?
What concrete examples can you give of how this ethic is applied to business activities?
What are the costs and benefits to such an approach?
What four actions do you recommend the board of directors take regarding this new way of doing business?
References
Akinsemolu, A. A. (2020). Environmental Ethics. In The Principles of Green and Sustainability Science (pp. 197-225). Springer, Singapore.
Elliott, K. C. (2020). Framing conservation: ‘Biodiversity’and the values embedded in scientific language. Environmental Conservation, 47(4), 260-268.
Kim, M. S., & Thapa, B. (2018). Relationship of ethical leadership, corporate social responsibility and organizational performance. Sustainability, 10(2), 447Value Of Incorporating An Environmental Ethics Essay.