Module 4 Sustainable Practices
Module 4 Sustainable Practices
SOCIAL RESPONSIBILITY
Module IV Sustainable Practices
Internal Assessment
Component Class Test Case Study Minor Home Attendance End
Project Assignment Semester
Weightage 10 10 15 10 5 50
Professional Skills Development Activities:
1. Students will carry out an industrial survey /interview /focus
group discussion to identify and understand the translation of
professional values and ethics in daily work practices. Students will
compile a minor project report based on it.
2. The students will develop a case study based on any major violation
of professional ethics by studying newspaper articles, policy
documents, discussions paper in parliament media interviews and
documentaries etc (Give presentation in team of 3).
References:
• Laura P. Hartman and Joe Desjardins, “Business Ethics: Decision Making for
Personal Integrity and Social Responsibility” Mc Graw Hill education, India Pvt.
Ltd. New Delhi 2013.
• A Global Standard for Professional Ethics: Cross-Border Business Concerns By
Allen, Catherine; Bunting, Robert Journal of Accountancy, Vol. 205, No. 5, May
2008
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SUSTAINABLE PRACTICES
Content
• Green Practices
• Ethics to Handle VUCA Environment
• Importance of Sustainability
• Sustainable Business Practices
• Corporate Social Responsibility
• Inclusive Development
Sustainable Practices
• Sustainable practices are the
processes services employ to
maintain the qualities that are
valued in the physical environment.
Living sustainably is about living
within the means of natural systems
(environment) and ensuring that
our lifestyle doesn't harm other
people (society and culture).
Sustainable Practices
• “The quality of not being
harmful to environment or
depleting natural resources
and thereby supporting long
term ecological balance”
Example of Sustainable Practices
• Enhance liveability
• Create opportunities for economic
prosperity
• Foster environment responsibility
• Embrace design excellence
• Demonstrate visionary leadership
and strong governance
Green Ethics
• Pollution:
1. Air pollution
2. Water pollution
3. Land pollution
• Resource depletion:
1. Depletion of Species & Habits
2. Depletion of Fossil fuels etc..
Green Ethics Principles
• Be ethical.
• Be transparent.
• Be open and honest in all
communication.
• Be relevant.
• Share information and perspectives
that are valuable to workers.
• Personalize and be personable.
• Address negative discussion head –
on.
Important of Sustainability
1. Christy Dawn
2. PepsiCo
3. Brown-Forman
4. Nike
5. Ford Motor Company
6. Bank of America
7. Ben & Jerry’s
8. Xylem
9. General Mills
10. Dell
Top 10 Green Companies of India
1. LG
2. HCL
3. Haier
4. Samsung
5. Tata Consultancy Services
6. Oil and Natural Gas Company (ONGC)
7. IndusInd Bank
8. ITC
9. Wipro
10. MRF Tyres
Corporate Social Responsibility (CSR)
2. Environmental conditions
• water & air emissions
• climate change
3. Human rights
• cooperation with paramilitary
forces
• complicity in extra-judicial killings
4. Poverty Alleviation
• job creation
• public revenues
• skills and technology
Global Context & Key Drivers of CSR
1. Liberalization of markets – reduction of the regulatory approach.
2. Emergence of global giants, consolidation of market share.
3. Development of the ‘embedded firm’ and the global value chain.
4. Development of supplier networks in developing countries.
Key Drivers