Responsibility to the Environment an Underlying Profit Motivator

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As the role of the environment takes centre stage as one of the pressing problems facing our world, the role of business to aid with climate change projects is increasingly discussed. Government regulations only go far, and without wanting to impose on corporate freedom, governments have less of an impact regulating corporate initiatives on climate change. As Charles Lindblom mentions, “Do we want business enterprises to reduce industrial pollution of air and water? Again we must bear the consequences of the cots to them of their doing so and the resultant declines in investment and employment” (Lindblom, 1982). This leaves environmental stewardship initiatives within each corporate organization and whether the effort to protect the environment while sacrificing profit is acceptable. In the ruthless corporate culture, companies are continually striving to increase the bottom line, to outdo their competitors in terms of market share and profitability rather than in terms of social responsibility. Yet it is these same corporations who maintain the resources necessary to stop the plague of environmental degradation. However, corporations have responsibilities towards the environment just as every citizen does, but in order for them to act they need to be shown that an increase in environmental stewardship can also increase the bottom line.

The criterion that business should use to deal with climate change involves three simple yet effective responsibilities. First, corporations must strive to operate in the best interest of their stakeholders. In addition, as truly global citizens, corporations have the ability and resources which brings about the responsibility to help make a meaningful change on the environment. Lastly, each compa...

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...ribed in the preceding paragraphs relates to business incentives. The incentives for all of the responsibilities mainly correspond to an increase in the bottom line as well as a healthy public image. Therefore, corporations can choose which one of these responsibilities they value the most and apply that to their business strategy while increasing both the bottom line and public image. Due to their power, corporations have the responsibility to operate in the best interest of their stakeholders, the responsibility to protect the environment they use for earning a profit, the responsibility of acting as a global citizen by contributing to the efforts to stop climate change and lastly, . By respecting all of these responsibilities businesses can provide a boost to their bottom line as well as act as a responsible citizen would do in order to protect our environment.
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