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Social and environmental responsibilities

Why should organizations consider social and environmental responsibilities in the planning process?

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Corporations that treat environment with respect leave little waste for the environment to consume, have efficient processes, low energy costs, high degree of recycling, high product quality, high social standing and high levels of customer satisfaction. It becomes a Win-Win Strategy for the corporate enabling them to improve their environmental or social record while reducing costs and/or increasing competitiveness and productivity. Hence it becomes part of planning process, which helps in minimizing the negative social and environmental impact resulting from their economic activity.

Significant ethical considerations
Various ethical considerations are:

Clean and safe environment
The corporations, which serve their employees, enjoy high degree of employee loyalty that goes beyond the employee-employer relationship. Employees are obviously most ...

Solution Summary

This discusses the social and environmental responsibilities of an organization