The Environment and Business Responsibilities

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These flashcards cover key vocabulary and definitions related to the intersection of business operations and environmental responsibilities.

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10 Terms

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Stakeholders

Individuals or groups that have an interest in the decisions and activities of a business, including shareholders, employees, customers, and suppliers.

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Environmental Disasters

Incidents that cause significant harm to the natural environment and can result in liability for businesses.

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Green Investment

Investments in projects or companies that promote sustainability and have a positive impact on the environment.

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Whistleblowing

The act of reporting unethical or illegal activities within an organization, often pertaining to environmental issues.

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Eco-Logo

A certification indicating that a product or service has been independently verified as environmentally friendly.

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Environmental Performance Indicators

Metrics used to measure a company's environmental performance, including materials used and compliance with regulations.

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NGO Influence

The impact non-governmental organizations have on businesses regarding environmental practices and policies.

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Corporate Image

The perception that the public has about a company based on its actions, including those related to the environment.

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Energy Star

An international symbol for products that meet high energy efficiency standards.

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Environmental Regulations

Laws that govern how businesses must manage their environmental impact and comply with sustainability practices.