Presentation on theme: "By Brittany Buggs, Darren Lane, Anish Phophaliya, & Amrit Narasimhan."— Presentation transcript:
By Brittany Buggs, Darren Lane, Anish Phophaliya, & Amrit Narasimhan
The History of Corporate Responsibiliy The point is, ladies and gentlemen, that green, for lack of a better word, is good. Green is right. Green works. Green clarifies, cuts through, and captures the essence of the evolutionary spirit. Green in all of its forms-- green for life, for money, for love, knowledge--has marked the upward surge of mankind. And green, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the U.S.A. --As adapted from Wall Street
The “Green” Revolution Dates back to 1904 Svante Arrhenius 1963: Clean Air Act 1970: EPA Established 2005: GE announces $1.5 billion budget for cleaner technologies and $20 billion budget for sales of environment-friendly products; reduce GG emission by 1% every year
What Does the Term “Corporate Responsibility” Mean? There is a big debate within companies about whether corporate responsibility means delivering the best quarterly result to your shareholder or whether it means reducing emissions into the atmosphere.
What does Corporate Responsibility Include? It includes: adhering to the law maintaining ethical standards following international norms, incorporating public interest in corporate decision making Being responsible for all the decisions honoring other forms of life
Employee Responsibility Employees can make change even if companies don’t have policies An established policy of social responsibility will help consumers, corporations, and the general public This is especially important for Green Practices: Employees can bring about change in wasteful industries by setting their own standards Employee made policies eventually can become company policies
Taking Responsibility Companies can become socially responsible by valuing the consumer, not just the profits Companies can reinvest profits into better technologies, especially those that are environmentally friendly This doesn’t mean that the company should be subservient to the people, just that they should consider consumer feedback and make socially and ethically sound decisions