Business Ethics and Corporate Governance, Second Edition

THE PHYSICAL ENVIRONMENT

Business has increasingly faced several challenges with regard to its effects on the physical environment and its sustainability. It is in this area that issues have become most global and intergovernmental conventions and NGOs have had significant influence. Increasing awareness on this issue has reshaped legislations around the world and has led to the formation of new international institutions, with a huge impact on the policies and practices of businesses and their representative organizations. There are few remaining international corporations that have not published statements of environmental, safety and health policies, while significant sectors have adopted a coherent voluntary worldwide code of responsible ...