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Lecture Business and society: Stakeholders, ethics, public policy: Chapter 10 - Anne Lawrence, James Weber

Chapter 10 - Ecology and sustainable development in global business. In this chapter, you learned to: Understanding how business and society interact within the natural environment; defining sustainable development; assessing the major threats to the earth’s ecosystem; recognizing the ways in which population growth, inequality, and economic development interact with the world’s ecological crisis;. | Chapter 10 Ecology and Sustainable Development in Global Business Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 10: Key Learning Objectives Understanding how business and society interact within the natural environment Defining sustainable development Assessing the major threats to the Earth’s ecosystem Recognizing the ways in which population growth, inequality, and economic development interact with the world’s ecological crisis Examining common environmental issues that are shared by all nations and businesses Analyzing the steps both large and small businesses can take globally to reduce ecological damage and promote sustainable development 10- Business and Society in the Natural Environment Business and society operate within constraints of the planet and its resources. For human society to survive over time it must operate sustainably: in a way that does not destroy or deplete these natural resources for future generations . | Chapter 10 Ecology and Sustainable Development in Global Business Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Ch. 10: Key Learning Objectives Understanding how business and society interact within the natural environment Defining sustainable development Assessing the major threats to the Earth’s ecosystem Recognizing the ways in which population growth, inequality, and economic development interact with the world’s ecological crisis Examining common environmental issues that are shared by all nations and businesses Analyzing the steps both large and small businesses can take globally to reduce ecological damage and promote sustainable development 10- Business and Society in the Natural Environment Business and society operate within constraints of the planet and its resources. For human society to survive over time it must operate sustainably: in a way that does not destroy or deplete these natural resources for future generations Preserving our common ecosystem (or unified natural system) and assuring its continued use is an urgent imperative for governments, business, and society 10- Figure 10.1 Business, Society and the Natural Environment: An Interactive System 10- Sustainable Development Development that “meets the needs of the present without compromising the ability of future generations to meet their own needs” Protecting the environment will require economic development focused on poverty alleviation Economic development cannot occur at the expense of degrading the forests, farmland, water, and air that must continue to support life on this planet Sustainable development is about fairness 10- Threats to the Earth’s Ecosystem Sustainable development requires that human society use natural resources at a rate that can be continued over an indefinite period Renewable resources (water, forests) can be naturally replenished Nonrenewable resources (such as fossils fuels like oil, coal) once used are