ADM 1301 Lecture Notes - Lecture 7: Financial Instrument, Carbon Tax, Greenwashing
14 Oct 2018
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Document Summary
Business, its stakeholders, and the natural environment. Environmental issues confront virtually all aspects of the corporation; from input of resources to the manufacturing process, and from workplace conditions through to the way products are packaged and sold. Commons: any resource used as though it belongs to all. Defining the environmental ethic and sustainable development. The set of values or principles that govern a corporation"s practices relating to the environment. Development ensuring the use of resources and the impact on the environment today doesn"t damage prospects for the use of resources or the environment by future generations. Adopting business strategies and activities that meet the needs of the enterprise and its stakeholders today while protecting, sustaining, and enhancing the human and natural resources that will be needed in the future. The definition highlights the dependence of the corporation"s economic activities on human and natural. Environmental concerns in business and society resources as well as to physical and financial capital.
