Business Ethics and Corporate Governance
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Chapter 5 : Business Ethics and Environment
Environmental Ethics
Environmental issues
Western Europe
India
Greening
Green initiatives
India in 21st century
Chapter Summary
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This chapter deals with environmental ethics,
environmental issues and the green initiatives adopted by various companies.
Environmental Ethics is concerned about moral basis of environmental
responsibility. This concern inturn gave rise to three approaches:
Anthropocentrism approach, axiological approach and eco-centric approach.
The first approach focuses on the utility that human beings can derive by
protecting the environment. According to the second approach it is moral
responsibility of human beings to protect animals. The last approach is a
blend of first and second approach, which states environment has to be
influenced by taking such activities, which are aimed at preserving
environment. The chapter discusses some of the environmental issues that
Western Europe has had to face problems due to water pollution, while India
has been severely affected by air pollution. The causes for the Bhopal gas
tragedy in India were also examined. |
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Companies are becoming more
environment conscious and are adopting green policies. The chapter
examines a few such green initiatives:
Environmental friendly technology, green tourism, green community and
environmental campaigning.
Environmental friendly technology encourages the development and use of
technology that will reduce waste and pollution. Green tourism is aimed
at preserving the landscape. Green community aims at transparency of
environmental activities of organizations. Environmental counseling
programs are conducted to voice their ideas and opinion on environmental
issues. In this chapter, we also examine India's greenest companies: ABB,
ICI and Tata Iron and Steel. The chapter concludes with a look at the
Government of Indians polices for preserving the environment.
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