Question

Each year businesses, individuals, and governments face the impact of droughts, fires, hurricanes, tornados, and floods;...

Each year businesses, individuals, and governments face the impact of droughts, fires, hurricanes, tornados, and floods; all disrupting lives and the economy. This is a good time to talk about the environment. In the US, issues of the environment and global warming arguably take a backseat to the economy and current political rhetoric and civil strife.  For several years former presidential candidate Al Gore tried to raise awareness about global warming and the roles of business, government, and industry and is currently in the news with his An Inconvenient Truth, Sequel. Even though 2016 and 2017 were reported to be the warmest years on record, whether he or others will have an impact in the US or abroad is yet to be fully seen. Environmental stewardship is not without consequences (good or bad) and failure has legal, ethical, societal, financial considerations.

As other issues fade, the environment may resurface as a prime-time news issue. How it will rank with the current presidential agenda, the economy (jobs, military funding, and federal budget), the continuing healthcare issues, conflicts in the Mideast, and other pressing topics facing the US federal government will be interesting. Certainly the private business sector faces pressure from both internal and external stakeholders when the banners of environmental protection and social responsibility are hoisted. The question of corporate moral responsibility for the environment can easily fade from the media spotlight until a public figure promotes the message or an environmental crisis erupts and CNN or 60 Minutes or some other news agency appears at the corporate headquarters demanding answers with cameras running.

Beyond the legislated and governmental mandates (EPA, UN Environment Programme, or the Stockholm Declaration, among others), how far should corporate responsibility for the environment extend? For example, do trees, lakes, oceans, and animals have rights? Why, or why not? Could there be such a thing as a “one-level-removed-stakeholder” that would include "non-human" stakeholders? What is the likely outcome if environmental issues continue to succumb to political rhetoric and business profit/loss statements? So what if the dozen or so residents of a South Pacific atoll are displaced due to rising sea levels or a butterfly in the Amazon rainforest goes extent due to deforestation?

Discussion Questions:

Definition and Framework:

What is the ethical dilemmas included above?

What are the ethical issues and what are the legal issues?

How do you define the ethical framework for addressing the ethical and legal issues?

Homework Answers

Answer #1

1. Ethics are the moral values to be applied in any particular area. In this case, the ethical dilemma is that the government, business and industry should be responsible towards environment or not. And whether US Presidential agenda, the economy and other sectors, who will take responsibility towards environment.   Environmental issues such as global warming, floods, hurricanes, tornados are disrupting lives and the economy. All these issues are to be considered by the government and businesses.

2. The ethical issues in the case are the protection of environment by the government, businesses and industries. All the sectors in the economy should take responsibility towards environment with issues like global warming, hurricanes, tornados, etc. Corporate sectors must have ethical responsibility towards protecting environment such as trees, lakes, oceans and animals.

The legal issues are that the internal and external stakeholder will raise a question on protection of environment on the private sectors when the banners of environmental protection are hoisted. Even government imposes some responsibility towards environment and thus turning face from it will impose some legal obligations.

3. An ethical framework is a framework for taking decisions about ethics. Here, the ethical framework for addressing ethical and legal issues is a Consequentialist Framework. This framework takes into consideration the future effects of the actions taken now. So here, if the government, businesses and industries and other sectors of economy will not take better courses of action towards protecting environment, they and others will have to face the bad ethical and legal consequences in future.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discussion: Environmental Corporate Social Responsibility There is an increasing literature suggesting, or even trying to prove,...
Discussion: Environmental Corporate Social Responsibility There is an increasing literature suggesting, or even trying to prove, that business voluntarism (Corporate Social Responsibility)—spending money on the environment—adds to profitability IN MOST CASES! ... But the evidence is very mixed as to how often CSR pays off, or serves the company strategically. Companies increasingly desire to be or at least appear “green.” Seventh Generation, the Burlington, VT-based maker of environmentally friendly laundry detergent, trash bags and diapers, takes its name from an...
Four Case Studies on Corporate Social Responsibility: Do Conflict Affect a Company's Corporate Social Responsibility: Apple...
Four Case Studies on Corporate Social Responsibility: Do Conflict Affect a Company's Corporate Social Responsibility: Apple Inc. Apple’s profile Apple Inc. (hereafter Apple) was established in 1977 and is registered on the NASDAQ Global Select Market exchange. According to its Form 10-K ‘Apple designs, manufactures and markets mobile communications, media devices, personal computers and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications’. Its products are sold through...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is...
Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is a divisive and misunderstood term—exceeded in its misapprehension only, perhaps, by socialism. While support for socialism has had a resurgence owing to the last election, capitalism still hangs under the dark cloud of notoriety given to it by the coiner of the term, Karl Marx. Writing in the heat and filth of Britain’s industrial revolution, Marx observed massive changes in society—and massive suffering. He...
Read This before You Ever Debate "Capitalism" Again Paul Mueller (Links to an external site.)Links to...
Read This before You Ever Debate "Capitalism" Again Paul Mueller (Links to an external site.)Links to an external site. June 30, 2017 Capitalism is a divisive and misunderstood term—exceeded in its misapprehension only, perhaps, by socialism. While support for socialism has had a resurgence owing to the last election, capitalism still hangs under the dark cloud of notoriety given to it by the coiner of the term, Karl Marx. Writing in the heat and filth of Britain’s industrial revolution, Marx...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT