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Chapter 15,17,19 Business and Society

Terms in this set (15)

CERES
N onprofit organization advocating for sustainability leadership. We mobilize a powerful network of investors, companies and public interest groups to accelerate and expand the adoption of sustainable business practices and solutions to build a healthy global economy.
CERES Key Expectations
Governance and sustainability
Stakeholder engagement
Disclosure
Performance
Wicked problems
Problems with characteristics interconnectedness, complexity, uncertainty, ambiguity, conflict, and social constraints
The Golden rule
Do unto other species as you would have them do unto you
The NIMBY problem:
NOT IN MY BACKYARD
Clean Air act was passed in 1990.
This act introduced the concept of Emissions trading
Clean Water act was passed in 1970
Its purpose was to achieve water quality consistent with the protection of fish, shellfish and wildlife, and with safe conditions for human recreation in and on the water
Land legislation includes the 1976 Toxic substances Control Act
Another US government activity includes the Comprehensive Environmental Response, Compensation and Liability Act of 1980, passed as an effort to clean up more than 2000 hazardous dumps and spills around the country
BUSINESS REASONS TO CARE
Green consumers
Green Employees
Green Investors
Lack of job stability creates a new social contract between workers and organizations. This is driven by:
Globalization
Economic recession
Technology and automation
private property
means that employers are free to use their property as they desire, so traditionally they don't have to recognize employee rights.
Alternative Mandatory Arbitration
A neutral party resolves a dispute between two or more parties and the resolution is binding.
PROTECTED GROUPS
Those who have legal protection from discrimination based on race, color, religion, national origin, sex, age, or disability
How many black CEOs head up Fortune 500 companies
Only three
This discrimination can occur between persons of different races or ethnicities or between persons of the same race of ethnicity.
Color bias
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