Chapter 12: Sustainability: Ethical and Social Responsibility Dimensions 71
directly consume the chemicals without becoming sick, the local people get concentrated doses if they
drink the water and eat the fish from the river.
LECTURE OUTLINE
I. Defining Sustainability
A. Sustainability from a strategic business perspective is the potential for the long-term well-
being of the natural environment, including all biological entities, as well as the mutually
beneficial interactions among nature and individuals, organizations, and business strategies.
B. Please note sustainability can have different definitions, particularly in different cultures.
II. How Sustainability Relates to Ethical Decision-Making and Social Responsibility
A. Sustainability, like social responsibility, seeks to maximize positive and minimize negative
impacts on stakeholders; therefore, sustainability issues fit our stakeholder orientation model.
D. Four reasons social responsibility is such an issue
1. Sustainable business practices can create competitive advantage
2. Information about organizations is readily available, both positive and negative
3. Organizations can use their products and brand identity to create social value, quality,
and consumer loyalty
4. Companies are using their sustainable and socially responsible decisions to differentiate
their firms and promote their products
III. Global environmental issues
A. Atmospheric
1. Air pollution
a. Typically arises from three different sources
i. Stationary sources – factories and power plants
2. Acid rain
a. Acid rain occurs when factory emissions such as nitrous oxide and sulfur dioxide mix
3. Global warming
a. Burning of fossil fuels in the twentieth century could be causing increased
concentration of ‘greenhouse’ gases like carbon dioxide and methane in the Earth’s
atmosphere.
b. Most scientists believe concentrated greenhouse gases accelerate global warming,