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30 Cards in this Set
- Front
- Back
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IPAT
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Environmental Impact = Population*Affluence (GDP/pop.)*Technology
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ISEW
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Index of Sustainable Economic Welfare: measures the porportion of economic increase that actually increases quality of life
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HDI
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Human Developement Index: measure of poverty, literacy, education, life expectancy, childbirth, and other factors for countries worldwide. It is a standard means of measuring well-being, especially child welfare. devoloped or not?
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GPI
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Genuine Progress Indicator: replacement metric for gross domestic product (GDP) as a metric of economic growth. Unlike GDP it is claimed by its advocates to more reliably distinguish uneconomic growth - almost all advocates of a GDP would accept that some economic growth is very harmful
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TLV or LTV
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Traditional Labor Theory of Value: manufacture capitol is worth more then natural capitol because of labor input
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SD
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began in 1987 with Bruntland report: developement that meets the need of today without compromising the abiliy of future generations to meet their own needs
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3 parts of SD
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renewable; nonrenewable; waste materials
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3 objectives
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economic (increasing profit); social (empolyment); environmental(resource use vs impact)
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what is CO2 ppm pre-industrial vs 2005
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280 ppm - 374 ppm
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HIPPO
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Habitat loss; Invasive species; Pollution; Population growth; over-exploitation
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race to the bottom
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competition between nations or states (over investment capital, for example) leads to the progressive dismantling of regulatory standards.
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DJSI
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Dow Jones Sustainibily Index
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ISO 14001
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most popular of environmental management systems
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EMS
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Environmental Management Systems
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CSR
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Corporate Social Responsibility: commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large
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externalities
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a side effect from one activity which has consequences for another activity, but is not immediately reflected in market prices (air pollution)
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CR
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Corporate Responsibility: products go beyond marketplace and therfore have a responsibility to help solve social issues
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timeline of CSR
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pre 1960's - nothing; 1960-80's - regulations established; 1990 - SD announced beginnings of CSR
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first generation of CSR
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adversarial - "keep your nose clean"
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second generation of CSR
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adaptation - business opportunities and strategy
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third generation
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dialogue and mutual solutions - enhance social attractivness, go beyond voluntary measures
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benefits of CSR
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Operational Savings
Enhanced Reputation (Maintain reputation?!) Increased ability to recruit, develop and retain staff Better relations with government Better anticipation and management of risk Learning - and innovation |
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stakeholders
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individuls or groups that have interests in business activities
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ILO
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Interntional Labor Organization, supports CSR
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GRI
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Global Reporting Initiative; supports CSR
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SA8000
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Social Accountability International; ethical workplace conditions through global supply chains
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ETI
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Ethical Trading Initiative Base Code improve implementation of corporate codes on supply chain
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AA1000
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AccountAbility
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ISO
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International Standards Organization
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OECD
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guidelines for multinational organization
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