Dernbach (2002) defines corporate environmental responsibility as the commitments of individual firms to efficiently manage and control the damage inflicted upon the natural environment by its processes, products and business molds. Consequently, the foundation of corporate environmentalism is sometimes associated to autonomous environmental groups. Over the years, this concept has become applicable in most companies and organizations. It follows that companies have come out to openly declare their commitment to manage the environment in a sustainable manner. Notably, such intents are usually posted in the company’s website. It is however disturbing that some of these companies are still rated ...
Environmental Responsibility Article Reviews Samples For Students
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The article sheds light on how large corporations such as Enron and WorldCom have been involved in malpractices related to the way these corporations were run. Both Enron and WorldCom were guilty of ignoring the demands of the stakeholders. Therefore, there is a strong need for major changes in the way such corporations are run, and for environmental and social factors to be kept in mind. One way of pleasing all parties is through a process called Socially Responsible Investing or SRI. SRI does not mean that businesses ignore the financial side of things and safeguard social and environmental factors at the ...