Air Pollution
Greenhouse effect
Ozone layer depletion
Toxic substances
Acid rain
Environmental Ethics Other pollutants
Water Pollution and threat of scarcity
Salts, Metals and Radioactive materials
Organic wastes
Inorganic pollutants
Hazardous waste and land pollution
Nuclear wastes
http://environment.nationalgeographic.com/environment/global-warming/gw-
overview-interactive/
1
Externalities Externalities
•Positive Externalities: oOut of town shopping centres:
- Benefits to third parties of business activity Highlights complexity of the interaction of
- e.g. new infrastructure as a result of development, side positive and negative externalities
effects of research and development, technology (the oGovernment p policies – encourage
g business
I t
Internet?),
t?) convenience,
i improved
i d standards
t d d off liliving
i
activity that leads to positive externalities
- Out of town shopping centres – greater ease of access,
everything in one place, pleasant environment to shop in,
and discourage those that lead to negative
etc. externalities
2
Global Compact Principle 7:
Business should support a precautionary approach to
environmental challenges
The UN Global Compact’s environment principles
are derived from the Rio Declaration on The idea of prevention rather than cure.
Companies should consider the following:
Environment and Development.
1. While it is true that preventing environmental damage entails both
opportunity — and implementation — costs, remediation environmental harm
The three principles are: after it has occurred can cost much more, e.g. for treatment costs, or in terms
• B
Business
i should
h ld supportt a precautionary
ti approach
h tto of company image.
image
environmental challenges;
2. Investing in production methods that are not sustainable (i.e. that deplete
• Undertake initiatives to promote greater environmental resources and degrade the environment) has a lower, long-term return than
responsibility, and; investing in sustainable operations. In turn, improving environmental
• Encourage the development and diffusion of performance means less financial risk, an important consideration for
environmentally friendly technologies. insurers.
Strategic level:
Company Policy, Inform stakeholders, Environmental Assessments, Co-operate
with industry partners
3
Ecological Footprint
is a measure of human demand on the Earth's ecosystems. It is a
standardized measure of demand for natural capital that may be
contrasted with the planet's ecological capacity to regenerate.
•GRI was founded in Boston in 1997. Its roots lie within the US
non-profit organizations the Coalition for Environmentally
Responsible Economies (CERES) and the Tellus Institute.
ISO 14000
4
Fairtrade
http://video.nationalgeographic.com/video/player/environment/energy-
environment/great-energy-challenge
environment/great energy challenge.html
html
http://www.sustainablefood.com/guide/differences.html