MNGT 3710 Lecture Notes - Lecture 10: Emissions Trading, Kyoto Protocol, Engo
Document Summary
Environmental issues confront virtually all aspects of the corporation. Commons- any resource used as though it belongs to all. Sustainable development- development ensuring that the use of resources and the impact on the environment today does not damage prospects for the use of resources or the environment by future generations. Business sustainable development- (cid:862)adopti(cid:374)g (cid:271)usi(cid:374)ess strategies a(cid:374)d a(cid:272)ti(cid:448)ities that (cid:373)eet the needs of the enterprise and its stakeholders today while protecting, sustaining, and enhancing the hu(cid:373)a(cid:374) a(cid:374)d (cid:374)atural resour(cid:272)es that (cid:449)ill (cid:271)e (cid:374)eeded i(cid:374) the future. (cid:863) National roundtable of the environment and the economy. Environmental non-governmental organizations (engos): groups that hold shared values or attitudes about the challenges confronting the natural environment and advocate for changes to improve the condition of the environment. Such groups (e. g. , greenpeace) influence corporations through protests, blockades, boycotts, and annual shareholder meetings. Standard environmentalism- government regulation occurs when it is a necessary remedy for (cid:373)arket"s failure to pro(cid:448)ide e(cid:374)(cid:448)iro(cid:374)(cid:373)e(cid:374)tal a(cid:373)e(cid:374)ities.
