6 prompts (choose 4) Ethics

EPA purpose

Environmental protection agency

• control and reduce pollution

• air, water, solid waste, pesticides

Laws enforced by the EPA include

• clean air act

  • control hazardous waste, conserve energy, and natural resources

• clean water act

  • eliminating or reducing the pollution of interstate waters and improving sanitary conditions of waters

• resource recovery act

  • gives EPA authority to control hazardous waste, conserve energy, and natural resources

• federal water pollution control act

  • programs for eliminating or reducing the pollution of interstate waters and improving sanitary conditions of waters

• federal environmental pesticide control act

  • prohibits registration of pesticides that pose risks to people

Examples of Social Issues that have directly impacted business

• workers with newborns and preschool

• workers with family illnesses, aging parents

• workers with addiction

• workers with financial debt

Pollution Control and effects on business

• US business compensate/ may leave for other countries with less laws

• difficult to compete with other countries → pay more to stop pollution

Employer Responses: family friendly, health and safety

• Redesigned jobs

  • job rotation

  • employee decision making

  • employee committee

  • job satisfaction surveys

• Health and Safety

  • encourage healthy lifestyles

  • incentives to be healthy

  • eap→ employee assistance programs

• Family-friendly practices

  • unpaid leave/paid

  • daycare facilities

  • flexibility

  • remote work

Sustainability

involves using strategies to consider the needs of the environment, society, and economy without compromising future generations needs

Change is Constant

• its a constant component of life

• examples: products, ideas, attitudes

Code of ethics (business ethics): what is and example of included

a set of rules and principles designed to encourage ethical conduct among a group of professionals

• accepting business gifts

• respecting employee privacy

• using company property for personal use

• maintaining confidentiality

Ethical sourcing

the materials have not been sourced through the exploitation of workers and environmental and social impacts have been considered

UBER code of ethics

They have a written out 33 page code of ethics for their employees worldwide to follow. “Stand up, Speak up”

• have a framework to help make the right decisions

• dont talk to the media or connect anything to the company without consulting

• we dont buy market access, business, or policy outcomes with money, gifts, or other perks

Friedman Doctrine

theory that the main responsibility of a business is to maximize their revenue and increase returns to shareholders

“profit follows purpose”

video about speaker saying that a business has the ability to make a profit and remain ethical, and that can even increase its profits and help workers stay dedicated to the company

motivation of business to be involved in social issues

• can bolster a company’s image and build its brand

• can boost employee morale in the workplace and lead to greater productivity (impacts profitability)

• can be a magnet for customers committed to social impact