Preview

The triangle of Justice

Good Essays
Open Document
Open Document
679 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The triangle of Justice
The Triangle of Justice
Ethically lacking corporate decisions since the industrial revolution have snowballing repercussions onto the populations of the world. As technology grows and economics of scale strengthen, the responsibility also grows with both the breadth and depth of the surrounding populations. The breadth and depth refers to the three point demands of sustainability. These three demands of a business are economic, social, and environmental. Due to the straightforward economic necessities, focus on the social and environmental ethical issues is required. The necessity of a sustainability mission statement and realization that sustainability is an ethical issue needs support from the masses in order for changes to occur.
For a stool to stand up straight and support itself, a minimum of three legs are required. Just like the long term support of a business, only one or two will eventually topple over and cause havoc of those involved. Ecological and social responsibility cannot be avoided or forgotten. “Sustainability is about ethics. It calls on us not only to consider the condition of those less fortunate that us who share the planet but also the potential condition of future populations who cannot participate in our decision-making process” (Kibert 17). Kibert elaborates that the moral standards that a business must abide by has affect not only now but in the future. Social responsibilities of a business need to be a part of every mission statement so that the business can thrive in the foundation that it built for itself. For example, instances of factories taking advantage of the workforce with dangerously low wages and working standards eventually lead to an uproar or collapse of the effectiveness of the workforce.
International firms need to understand that just because environmental laws may be lax in another country, the unethical actions smog, literally and figuratively, the same world. Ethical business decisions need to take into



Cited: Eweje, Gabriel, and Martin Perry. Business and Sustainability: Concepts, Strategies and Changes. Bingley, UK: Emerald Group Pub., 2011. Print. Kibert, Charles J. Working toward Sustainability. Hoboken, NJ: Wiley, 2012. Print. McElroy, Mark W., and Jo Van. Engelen. Corporate Sustainability Management: The Art and Science of Managing Non-financial Performance. London: Earthscan, 2012. Print.

You May Also Find These Documents Helpful

  • Powerful Essays

    Mg 495 Week 3 Case Study

    • 4356 Words
    • 18 Pages

    Cited: Church & Dwight, Co. Inc. (web). Churchdwight.com. Retrieved on April 8, 2012 from http://www.churchdwight.com/index.aspx Craigie, J. R. (February 24, 2010). Church & dwight co., inc. 2009 annual report: Churchdwight.com. Retrieved on April 8, 2012 from http://www.churchdwight.com/PDF/AnnualReports/2009-CDH-Annual-Report.pdf Wheelen, T. L., & Hunger, J. D. (2012). Strategic management and business policy toward global sustainability. (13th ed., pp. 19-20). New York, NY: Pearson Hall.…

    • 4356 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Throughout my life, I have come across and read many pieces that I do not agree with. That isn’t very surprising to most people. One of the least boring texts that I have come across is titled, “The Myth of Justice” written by Michael Dorris. The paper is basically exactly about what the title says, whether or not justice is a myth. Even if someone were to skim through the reading briefly, they would be able to catch the gist of what he is trying to say. Dorris goes to extreme lengths to convey that he does not believe in the fact that justice is always served, he really doesn’t even believe in justice itself. The article does justice in conveying the author’s ideas within the style of writing, and also provides a variety of opinions.…

    • 789 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Csr David Vogel Summary

    • 299 Words
    • 2 Pages

    David Vogel explains how stakeholders, mainly employees, customers, and investors can impact the significance of Corporate Sustainable Responsibility (CSR) in business. Even though many surveys had been conducted to assess and boost businesses to be more sustainable, there is still a lack of evidence on the actual actions and effects.The complication of measuring social as well as environmental implication through a single standard has left CSR to be neglected. GRI is an example that encourages CSR but lacks conformity for reported results. This difficulty in measuring social and environmental outcomes often lead organizations to undertake ‘greenwashing’, or act as charity donors to cover up their ‘irresponsibility.’…

    • 299 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Haugh, H. M., & Talwar, A. (2010). How Do Corporations Embed Sustainability Across the Organization?. Academy of Management Learning & Education, 9(3), 384-396. doi:10.5465/AMLE.2010.53791822…

    • 2033 Words
    • 9 Pages
    Best Essays
  • Better Essays

    In a profit-driven market, executive decisions are based on capital gain instead of long-term sustainability of the planet. Too many pollutions have killed the sea life in the oceans, the streams, the ground soil, the ozone, and all of these practices have poisoned the planet. Business leaders need to change their philosophy of sustainment through capital gain to sustainment through environmental sustainability and be a socially responsible company to stay competitive in today 's market…

    • 1116 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Environmental Scan

    • 1169 Words
    • 5 Pages

    Environmental scans play a crucial role in the strategic planning process by helping organizations take a look at their competitive advantages and identify ways to sustain the advantages. Wheelen and Hunger (2010) describes environmental scanning as “the monitoring, evaluation, and dissemination of information from external and internal environments to key people within the corporation” (p. 10). Metrics or measuring tools are implemented in order to measure or track the progress of a strategic plan. Internal and external factors help an organization in the decision -making process of its future state. Internal factors surround strengths and weaknesses and external factors identify the potential threats and opportunities outside of the organization’s span of control.…

    • 1169 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    It is no mystery that companies exist and desire to make a profit from their product or service being offered. However, it is becoming increasing popular that companies desire to achieve social responsibility in order to increase their public image, which in turn should lead to increased profits. In this class, we learned that social responsibility is the duty to take an action that will benefit the interests of society and the organization (Kinicki & Williams 2011). One of the ways to become more socially responsible that is adopted by many companies is through green management, which is referred to using various policies to reduce environmental problems (Tim Barnett, n.d.). More and more companies are becoming concerned about the impact their organization is having on the natural environment.…

    • 2523 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    MGT/498 ETHICS

    • 1056 Words
    • 4 Pages

    To increase the importance of strong ethical significance, this paper will clarify the principle character of ethics, sustainability, and social responsibility in relative to an organizations strategy. Furthermore, consideration will be given to the assortment of shareholders that control a business stratagem. Lastly, classification will be given to a company that practiced unethical behavior, social responsibility, and sustainability in their daily functions.…

    • 1056 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Home Depot Ratio Analysis

    • 1776 Words
    • 8 Pages

    Epstein, M. J., & Buhovac, A. R. (2014). Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers.…

    • 1776 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    In the other hand companies have to limit the excess damage on the environment, and help people in the economic development this is a way of behaving ethically in a business, cooperate with loyal spirit, ethical values, global measures and develop a general positive impact of the business on the society. when a company choose to be socially responsible they better be prepared to go through some difficulties and critics about the way they operate, and the goals they want to achieve and must not forget the main purpose of the business which is making profit,…

    • 1797 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    Should Businesses Go Green

    • 2589 Words
    • 11 Pages

    Recently, environmental issues have converted into a major concern on a global scope leading to economic instabilities; these issues range from preservation and energy use, to deforestation and water shortage. (Videen, 2011) As a result, a phenomenon that has appeared over 20 years, “Green Movement”, has become a center of the discussion. (Fok, 2012) The term “Green” became popular in the context of describing the environmental conscious company, which is concerned primarily with pursuing business practices that would help to ensure long-term sustainability. The concept of sustainable development has been formalized and stabilized over decades; United Nations defined it as “development which meets the needs of the present without compromising the ability of future generation to meet their own needs”. (UN DESA, 1987) Constant social and political attention to these matters encourages firms to sustain awareness about externalities their operating activities have on the environment, and whether their resource management decisions are viable in the long-run. Social permission theory also challenges to prove the moral foundations for business stakeholders. It implies that a business is not autonomous entity. The behavior of the businesses is legitimized by the social norms of their founder-society; thereby, society has ultimate control over the businesses’ moral obligations and responsibilities. (Hussain, 1999) Therefore, the purpose of this paper is to argue that businesses do have a moral responsibility to the society, which, in fact, forces them to go green. Moreover, in today’s rapidly growing economy, businesses are expected to fully understand that the resources available for future generation are greatly affected by their actions.…

    • 2589 Words
    • 11 Pages
    Best Essays
  • Best Essays

    Mgt/360 Syllabus

    • 1990 Words
    • 8 Pages

    This course provides an overview of sustainable management techniques from an economic, social, and corporate environmental responsibility perspective. Special emphasis is placed on production principles, innovative and sustainable practices, and the importance of managing the bottom line in business.…

    • 1990 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Marketing & sustainability

    • 1346 Words
    • 5 Pages

    Morcardo, G Lamberton, G, Wells, G, Fallon, W, Lawn, P, Rowe, A, Humphrey, J, Wiesner, R, Pettitt, B, Clifton, D, Renouf, M & Kershaw, W 2013, Sustainability in Australian Business: Principles and Practice. Wiley-Blackwell, Milton, QLD.…

    • 1346 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Erin Brockovich

    • 719 Words
    • 3 Pages

    Many corporations today have to be very responsible. They need to take the health of human beings, wildlife, and the environment into concern. The movement toward including ethics as an important part in management began in the 1970s and has continued growing. Companies need to not only worry about their own personal gain,…

    • 719 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Many companies are examining their ethical and social responsibility for the impact of their actions. Under the pressure of environmentalist and human rights groups, companies are to take more responsibilities for…

    • 499 Words
    • 2 Pages
    Good Essays