BE&CSR Cheat Sheet
BE&CSR Cheat Sheet
BE&CSR Cheat Sheet
The triple bottom line is a sustainability framework that examines a company’s social,
environment, and economic impact. The original idea was (...) encouraging businesses
to track and manage economic (not just financial), social, and environmental value
added—or destroyed. (John Elkington, 1994).
People: the positive and negative impact an organization has on its most important
stakeholders. These include employees, families, customers, suppliers, communities,
and any other person influencing or being affected by the organization.
Example:
● Green Viet company focuses on the comfort and well-being of its employees.
● Features such as flexible work areas and private rooms create a friendly and
engaging work environment for all employees.
● Having outdoor workspaces and planting trees around the office helps create a
positive work atmosphere and reduce stress.
Planet: the positive and negative impact an organization has on its natural
environment. This includes reducing its carbon footprint, usage of natural resources,
toxic materials and so on, but also the active removal of waste, reforestation and
restoration of natural harm done.
Example:
● Green Viet company has a green strategy with waste classification into 5
different types, aiming to reduce waste volume.
● They use 20% of water from the drinking water filtration system for drip
irrigation, conserving water resources and reducing wastewater.
● Utilizing natural ventilation in rooms helps harness natural airflow, cooling the
workspace and reducing reliance on air conditioning systems.
Profit: the positive and negative impact an organization has on the local, national and
international economy. This includes creating employment, generating innovation,
paying taxes, wealth creation and any other economic impact an organization has.
Example:
● A green and healthy work environment can bring benefits to the business,
including enhancing the company's image and attracting talented employees.
● Environmental protection strategies can lead to long-term cost savings, such as
reducing waste volume and saving energy.
● Green Viet company can benefit from investing in sustainable development and
attracting partners and customers who share these values.
Example:
Ethical egoism:
What is right is simply what is in one's own interests. In terms of responsibility, a
rational egoism is indeed self-oriented, but self-interest also implies a sense of
responsibility to oneself. This responsibility includes both short-run and long-run self-
interest, and it is up to the individual to determine how to balance the two. (Henry
Sidgwick et al. 1874)
Example:
- Refusing to help someone else: Refusing to help another person could be seen
as an example of ethical egoism if the decision was based solely on what would
benefit the individual most, regardless of how it impacts anyone else's life.
Nghiêm
- Cheating on an exam: Cheating on an exam could be seen as an example of
ethical egoism if the decision was based solely on what would benefit the
individual most, regardless of how it impacts anyone else's life. Ngân
Subjectivism:
Subjectivism posits that moral judgments lack objective criteria, and each person's
ethical stance is not open to rational critique by others. Ethical statements, under this
perspective, merely reflect personal choices, emotions, or attitudes. (Thomas Hobbes)
Example:
- Slavery: An example of ethical subjectivism is the argument that slavery is not
morally unacceptable in all contexts. Instead, it is only modern biases that hold
that view, and other societies were not necessarily wrong to enslave people.
Ngân
- Ted Bundy: Ted Bundy, a notorious serial killer, believed that there were no
moral rules except to do what made him feel good. He justified his actions by
stating that he did not feel a great urge to rape and kill a young lady but simply
because he wanted to have a 'nice feeling' the same 'feeling' he would get from
eating ham. Nghiêm
Virtue ethics:
Virtue ethics underscores the distinctive qualities of an individual, concentrating on
character or personality to determine what is morally right or wrong. It is not merely a
tool but rather a portrayal of a theory. Our understanding of ethics is shaped by our
inherent characteristics and attributes; qualities like honesty, integrity, kindness,
fairness, and prudence serve as guiding principles for our ethical conduct.
Example:
- Loyalty: In 2019, a group of firefighters in Australia demonstrated loyalty by
risking their lives to save a koala bear from a bushfire. The video of the rescue
went viral and the firefighters were praised for their bravery and compassion.
Nghiêm
- Honesty: In 2018, a 10-year-old boy named Frank Giaccio wrote a letter to
President Trump offering to mow the White House lawn. The President
accepted his offer, and Frank was invited to the White House to mow the lawn.
During the event, Frank was interviewed by the media and asked how much he
charged for mowing the lawn. Frank replied, "I wanted to do it for free because
I wanted to give back to my country." Ngân
Deontological:
Deontological ethics judges ethical issues based on adherence to rules and duties,
focusing on areas for which humans can take full responsibility. It emphasizes making
ethical choices in universal terms, guided by the categorical imperative. To be truly
effective, deontological ethics requires managers to possess a keen sense of
distinguishing right from wrong. (Immanuel Kant, the 18th-century)
Example:
- The duty of confidentiality: A doctor has a duty to keep the medical
information of their patients confidential, even if it means that the patient's life
is at risk. This duty is based on the principle of respect for autonomy, which is
a fundamental principle of deontological ethics. In this case, the doctor's duty is
to respect the patient's right to privacy and to maintain confidentiality,
regardless of the consequences. Ngân
- The duty of honesty: A company has a duty to be honest with its customers
about the quality of its products. This duty is based on the principle of non-
maleficence, which is another fundamental principle of deontological ethics. In
this case, the company's duty is to ensure that its products are safe and of high
quality and to be honest with its customers about any potential risks or defects.
Nghiêm
Consequentialist theories:
Consequentialist theories assess the morality of an action based on its outcomes,
marking a departure from deontology, which deems certain actions inherently wrong
regardless of consequences. Rooted in a natural human instinct, consequentialism is
exemplified by utilitarianism, positing that an action is morally right if it maximizes
overall well-being for the greatest number of individuals. However, its significant
drawback lies in its inability to clearly define the fundamental values against which all
actions should be evaluated.
Example:
- In Singapore, drug trafficking is punishable by death. This harsh punishment is
based on the principle of deterrence, which is a fundamental principle of
consequentialist theories. The Singaporean government believes that the death
penalty is an effective deterrent against drug trafficking and that it will reduce
the number of people who engage in this illegal activity. Nghiêm
- Another example is the use of fines for traffic violations. Consequentialists
may support the use of fines because they act as a deterrent to reckless driving.
The threat of a fine may encourage drivers to follow traffic rules and drive
safely, which can reduce the number of accidents on the road. Ngân
Justice And Rights-Based Theories:
Rights:
The concept of human rights asserts that certain rights are inherently possessed by
individuals simply because they are human beings, as outlined by Shaw's properties of
human rights, including their universal application, equality of application, non-
destructibility of rights, and independence from social or political institutions or
practices. (Shaw, 2012).
Justice:
Linked to the notion of impartial and equitable enforcement of laws, moral codes, and
rules. Distinctions in concepts of justice can arise based on either the process or
outcomes. This includes the Rawlsian social contract theory and perspectives
influenced by Marxism.
Example:
- Rawlsian social contract theory: Rawlsian social contract theory is a justice-
based theory that posits that justice is fairness. It emphasises the importance of
impartiality and equality in the distribution of social goods and resources.
Rawls argues that individuals in a just society would agree to a social contract
that guarantees basic rights and liberties for all, as well as fair opportunities and
outcomes. For example, Rawlsian social contract theory could be applied to the
issue of income inequality. A Rawlsian would argue that a just society would
ensure that everyone has access to basic necessities such as food, shelter, and
healthcare and that income should be distributed in a way that benefits the least
advantaged members of society. Nghiêm
- Marxism: Marxism is a rights-based theory that posits that individuals have
certain inherent rights that are violated by capitalist societies. Marxists argue
that capitalism is inherently unjust because it allows a small group of people to
control the means of production and exploit the labour of the working class.
Marxism emphasises the importance of collective ownership of the means of
production and the elimination of class distinctions. For example, Marxism
could be applied to the issue of worker exploitation. A Marxist would argue
that workers have a right to the full value of their labour and that capitalist
societies violate this right by paying workers less than the value of their labour.
Ngân
7. What is the Professional Ethics:
Definition + Example (cá nhân)
Professional ethics: The ethical identity, codes and practices of a particular profession,
such as the professions followed by nurses, doctors, lawyers, or engineers, …
(Robinson et al. 2007)
Nói một nghề cụ thể rồi phân tích code of ethic and conduct à?
Example:
- Medical ethics: Medical ethics is a branch of professional ethics that deals
with ethical issues in medicine. It emphasises the importance of respecting the
autonomy of patients, maintaining confidentiality, and avoiding conflicts of
interest. For example, a doctor may face an ethical dilemma when a patient
requests a treatment that goes against their religious beliefs. In this case, the
doctor must balance the patient's autonomy with their own ethical obligations
to provide the best possible care. Nghiêm
- Legal ethics: Legal ethics is a branch of professional ethics that deals with
ethical issues in the legal profession. It emphasises the importance of
maintaining client confidentiality, avoiding conflicts of interest, and upholding
the integrity of the legal system. For example, a lawyer may face an ethical
dilemma when they discover that their client has committed perjury. In this
case, the lawyer must balance their ethical obligations to the court with their
duty to represent their client. Ngân
Distributors: purchase goods in bulk from producers, store them in warehouses, and
then distribute them to retailers, wholesalers, or directly to consumers.
Example:
- Walmart and Costco: Both companies operate in the same industry of retail and
are distributors of various products. However, Walmart has been criticised for
its poor labour practices and environmental record. The company has been
accused of paying low wages to its workers and contributing to environmental
degradation. In contrast, Costco is known for its commitment to ethical labor
practices and environmental sustainability. The company pays its workers a
living wage and has implemented various programs to reduce its environmental
impact.
- Amazon and Etsy: Both companies operate in the same industry of e-commerce
and are distributors of various products. However, Amazon has been criticized
for its poor labor practices and environmental record. The company has been
accused of mistreating its workers and contributing to environmental
degradation. In contrast, Etsy is known for its commitment to ethical labor
practices and environmental sustainability. The company has implemented
various programs to reduce its environmental impact and has supported various
social justice causes such as marriage equality and climate justice.
Macro (general) - In the whole country, culture
Economic Environment: the purchasing power, saving habits, per capita income,
credit facilities etc. depends greatly on the country’s economic conditions, which
regulates the demand for the company’s products.
Example:
- Tự search
(Monetary, employment,…)
- GDP - The value of product is created by per person
- GNP - is an estimate of the total value of all the final products
- CPI - Inflation
Political and Legal Environment: consists of the laws, rules, regulations and
policies which the company needs to adhere to.
Example:
Technological Environment: Technology is ever-changing, as everyday a new and
improved version of something is launched which is created with state-of-the-art
technology.
Example:
(Covid 19 --> develop technology skills)
Socio-Cultural Environment: Factors which are concerned with human relationships
such as customs, traditions, beliefs, values, morals, tastes and preferences of the
society at large.
Example:
(Phan cap, phan tang , Change a lot. For example, Woman nowadays)
Demographic Environment: The size, type, structure, education level, and distribution
of population in a geographical area.
Example:
(Analyze characteristics - Aging- gender -> differ Young Woman don’t want baby -
hospital Will help them without husband)
Global Environment: Liberalization domestic companies can offer their products and
services for sale to other countries operating in a number of nations worldwide.
Example:
( Yellow card - Danh bat tan diet, catch fish by Anything ( 6 -10 months). Check
quality. Fine And warn. Red card: Do not buy anything to the US, ban).
Internal Environment (Strengths - Weakness):
(Org culture - Shared/Taught (How people can do in the same way)) - của cô
Organizational objectives
Organizational Policies
Organizational Resources
Organizational Capabilities
Organizational Culture
Organizational structure
d. Stakeholder view
The diagram depicts the various entities that have obtained a financial interest and
hold significant influence in the prosperity of the company (Freeman, 2010). - Ngân
The diagram illustrates the various entities that have obtained ownership in the
company and have significant influence on its achievements (Freeman, 2010). -
Nghiêm
3. How do managers prioritise stakeholders? Explain. (0.75p)
2 critetia to prioritise stakeholders: 0.35p/criterion*2 = 0.75p
An effective stakeholder model, however, must do more than merely identify a firm’s
stakeholders. Equally important, if the model is to be of practical use in
implementation, is the ability to prioritize among these stakeholders because they are
notoriously hard to please:
Customers want lower prices and higher quality; employees want higher wages and
better benefits and better working conditions; suppliers want to give fewer discounts
and want you to pick up more of their products; communities want more donations;
governments want higher taxes; investors want higher dividends and higher stock
prices – every one of the stakeholders wants more, they always want more
https://lunio.ai/blog/strategy/top-controversial-ads/?fbclid=IwAR3IH8_OtU0vV-
fT6zHjdu00M3kJpur2vZpuCtXb5g4UUnmwcfd6HAGYYP0
2. Nivea – White Is PurityThe ad: Nivea is a German skincare brand that is known for
manufacturing antiperspirants, face creams, and plenty of other cosmetics. To promote
one of their new invisible antiperspirants, Nivea decided to use the tagline “white is
purity” on their social media campaign. The ad featured a woman wearing a white top
while looking out the window with the slogan in bold blue letters.
This ad was just one of a number of other ads from the same campaign to promote
their new product.
Why it’s an unethical ad: As you can probably see from the advert above, the choice
of words for this campaign was very poorly chosen. To make things worse, they
specifically aimed the campaign at people in the Middle East which caused many
people to call the advert racist.
In addition to this, many right-wing groups started to promote the advert with some
going as far as saying Nivea was the official alt-right antiperspirant. Eventually, Nivea
released a statement about the controversial ads and immediately withdrew them after
realizing the wording and context caused offense to many viewers.
The ad campaign violated the *Right to be informed* and the *Right to safety* of the
customers. The ad campaign was not informative enough and did not provide any
information about the product, but instead used a controversial tagline that could be
interpreted as racist. The ad campaign also violated the *Right to choose* of the
customers by using a tagline that could be offensive to some customers, and by
targeting people in the Middle East, which could be seen as discriminatory.
The customers have the *Right to be heard* and to voice their opinions about the
products and services they use. In this case, many people voiced their opinions about
the controversial ad campaign, which led to Nivea withdrawing the ads and releasing a
statement about the issue ¹.
It is important for companies to respect the rights of their customers and to ensure that
their advertising campaigns are ethical and do not violate any of the customer rights..
- Lists at least 05 (five) difficulties to practice green consumption from your point of
view (0.5p)
- Explain these difficulties (1.0p)
1. Lack of awareness: Many people are not aware of the environmental impact of
their consumption patterns. They may not know how to identify environmentally
friendly products or may not have access to them.
2. Higher cost: Environmentally friendly products are often more expensive than their
non-environmentally friendly counterparts. This can make it difficult for people on a
tight budget to make the switch.
3. Inconvenience: It can be inconvenient to practice green consumption. For example,
it may be difficult to find recycling facilities or to dispose of hazardous waste
properly.
4. Lack of options: In some areas, there may be limited options for environmentally
friendly products. This can make it difficult for people to make the switch.
5. Lack of motivation: Some people may not be motivated to practice green
consumption because they do not see the immediate benefits.
Topic:
1. Extended Producer Responsibility (EPR)
The concept was first formally introduced in Sweden by Thomas Lindhqvist
in a 1990 report to the Swedish Ministry of the Environment:
"[EPR] is an environmental protection strategy to reach an environmental objective of
a decreased total environmental impact of a product, by making the manufacturer of
the product responsible for the entire life-cycle of the product and especially for the
take-back, recycling and final disposal."
EPR may take the form of a reuse, buyback, or recycling program. The producer may
also choose to delegate this responsibility to a third party, a so-called producer
responsibility organization (PRO), which is paid by the producer for used-product
management.
PRO Vietnam is a coalition of leading FDI and Vietnamese companies having high
prestige filom consumer goods, packaging, retail, and import industries (21 members)
and especially a common responsibility: make Vietnam Green, Clean, and Beautiful
by promoting a circular economic model through more accessible and sustainable
packaging collection and recycling process. This is an important pillar in the 3R
principle (Reduce, Reuse, Recycle). PRO Vietnam was founded in Ho Chi Minh City
on June 21, 2019.
#VietNamXanhSach Dep
2. PLASTIC POLLUTION
3. ENVIRONMENTAL AGREEMENTS
4. Responsible consumption
3 key benefits characterize this mode of consumption:
For society: Consume goods and services that are locally produced when possible
to support the local
community.
Sustainable consumption
Ethical Consumption
Consumer Citizenship
Green Consumption
Consuming in a way that allowing to preserve resources & environments as
much as possible
Consumer also consider the impact of their consumption toward society,
environment & economy
Choosing goods that are ethically sourced, made & distributed. Consumer
are driven by pure motivation though not every consumption that has
ethical content impacts the well being of others