What are the strengths, limitations and challenges of ethical and socially responsible business practice?
The Essay:
Corporate Social Responsibility ( SCR) is a gathering of norms and rules following which a company should act and perform its business activities in a respectful way not only for a corporation’s bottom line but also for its shareholders ( employees, customers, communities)
Principle responsibility of each company it’s to acknowledge and target every weak point within the business process which can be detrimental to these measures. A responsible company should be able to pinpoint those areas where there is a lack of such regulations and making the necessary remedies.
Regarding social responsible business Richard Welford argues that the ultimate aim of a company it is acting in a way that is being respectful of the concept of sustainable development in a globalised world with many new environmental challenges which need to be addressed.
In this century in particular we are facing a range of issues linked to the environment - greenhouse issues, deforestation and the increase of global warming.
Even if all this issues are, especially in this period, being acknowledged and addressed, still a lot of companies continue to carry their business activities ignoring the problem.
The excessive consumption of meat have an enormous impact on the environment linked with pollution and resources and this essay wants to demonstrate how lowering the industry meat should be priority of any company keen to respect principals of SCR .
The Journalist Thomas Donaldson (1982)argues that with the fortifying of a company come along not only bigger profits but also widen social as well as ethical issues that inevitably arise with and that must be inevitably addressed in order to maintain a good image of the company itself.
The damages produced by our meat-bases diet are enormous, and effect Environment, Global Hunger, Animals and Human Health.