One need only look at the news to be bombarded with examples of corporate malfeasance and the impact such behavior has on a company’s public image, customers, employees, and bottom line. And while these stories grab the headlines, some companies are adopting practices that display awareness of their impact on the globe, whether that be to the environment, its employees and suppliers, or communities in which they do business. What factors are leading to these decisions? What are the benefits and costs of making ethical business decisions and acting in a socially responsible way, however one defines it? Issues in Business Ethics and Corporate Social Responsibility explores these foundational themes across a wide range of topics, including artificial intelligence, workplace surveillance, supply chain management, big data, the finance industry, and many more. Coupled with a broad introduction by Dr. David Weitzner, a professor of management at York University, this book provides students with the essential information they need to assess business practices through the lens of ethical decision-making and corporate social responsibility.
Chapter 2: Business and Climate Change: Can the International Business Community Adapt to the Risks?
Business and Climate Change: Can the International Business Community Adapt to the Risks?
Climate change is more than an environmental issue; it also is a business issue. Conservatives have long argued that trying to slow the effects of a warming planet would badly damage the economy by raising taxes, increasing regulations and lowering employment. For business leaders, the debate is not academic. If their companies are to survive both competition and climate change, many realize they have to prepare for a future fraught with risk: rising sea levels, catastrophic weather and uncertain supply chains ...