Transcript Presentation

By Brittany Buggs, Darren Lane, Anish Phophaliya, &
Amrit Narasimhan
The History of Corporate
Responsibiliy
 The point is, ladies and gentlemen, that green, for lack
of a better word, is good. Green is right. Green works.
Green clarifies, cuts through, and captures the essence
of the evolutionary spirit. Green in all of its forms-green for life, for money, for love, knowledge--has
marked the upward surge of mankind. And green, you
mark my words, will not only save Teldar Paper, but
that other malfunctioning corporation called the
U.S.A. --As adapted from Wall Street
The “Green” Revolution
 Dates back to 1904
 Svante Arrhenius
 1963: Clean Air Act
 1970: EPA Established
 2005: GE announces $1.5 billion budget for cleaner
technologies and $20 billion budget for sales of
environment-friendly products; reduce GG emission
by 1% every year
What Does the Term “Corporate
Responsibility” Mean?
There is a big debate
within companies about
whether corporate
responsibility means
delivering the best
quarterly result to your
shareholder or whether it
means reducing emissions
into the atmosphere.
What does Corporate
Responsibility Include?
 It includes:
 adhering to the law
 maintaining ethical standards
 following international norms,
 incorporating public interest in corporate decision
making
 Being responsible for all the decisions
 honoring other forms of life
Employee Responsibility
 Employees can make change even if companies don’t
have policies
 An established policy of social responsibility will help
consumers, corporations, and the general public
 This is especially important for Green Practices:
 Employees can bring about change in wasteful
industries by setting their own standards
 Employee made policies eventually can become
company policies
Taking Responsibility
 Companies can become socially
responsible by valuing the
consumer, not just the profits
 Companies can reinvest profits
into better technologies,
especially those that are
environmentally friendly
 This doesn’t mean that the
company should be subservient
to the people, just that they
should consider consumer
feedback and make socially and
ethically sound decisions
Thank You