Business and the Environment
Read this chapter to learn how businesses can play a vital role in sustaining the environment.
Summary
Adopting
sustainability as a strategy means protecting the environment. Society
has an interest in the long-term survival, indeed the flourishing, of
ecological habitats and natural resources, and we ask and expect
companies to respect this societal goal in their business activities.
When
analyzing what a business owes society in return for the freedom to
extract our natural resources, we must balance development and
preservation. It may be easy to say from afar that a business should cut
back on how much it pollutes the air, but what happens when that means
cutting back on fossil fuel use and transitioning to electric vehicles, a
choice that affects everyone on a personal level?