22 Jun Let’s take a closer look.
Let’s take a closer look.
RESPONSE:
The information follows this outline:
A. What is Clean Power’s corporate social responsibility for each ethical issue you have identified in this case? (legal, economic, ethical, philanthropic).
B.
a. What are the above stakeholders’ interests for each ethical issue or concern you identified?
b. What are the stakeholders’ responsibilities for each ethical issue or concern you identified?
c. What are the possible decisions the corporation could make for each ethical issue or concern, and what are the possible effects on the stakeholders?
Now let’s look at some infromation for you to consider for each section.
Corporate social responsibility (CSR) is a form of corporate self-regulation integrated into a business model through its CSR policy intended to guide behavior and is in this sense, a self-regulating mechanism whereby Clean Power will monitor and ensure its adherence to law, ethical standards, and cultural norms. In other words, Clean Power will embrace responsibility for the impact of its activities on all stakeholders: the environment, consumers, employees, communities, shareholders and all other members of the public sphere. It also has a philanthropic responsibility to do public good, like building schools or giving a certain percentage of money to charities. Corporate Social Responsibility (CSR) is defined “as the way companies integrate social, environmental, and economic concerns into their values and operations in a transparent and accountable manner” (Corporate Social Responsibility, 2009).
A.
The environment as a stakeholder includes the three bottom lines: the people planet and profit (Corporate Social Responsibility, 2009) but puts the first two over and above economic gains. Clean Power has the CSR to protect the environment from harm and put into policy environmental ethical code to direct behavior. One environmental issue of concern for Clean Power is providing electricity to the region, which Clean Power Company plans to be self sustaining by using solar power, which is environmental friendly. The company has also has corporate social responsibility to follow all environmental laws regarding the sewer lines and drainage into the river, over economic gains, to protect the planet and people over economic gain. However, Clean Power Company still has a responsibility to provide profit to the region. To demonstrate CRS to its shareholders at the philanthropic level, therefore, Clean Power has to engage in behavior that addresses the environments interests (William & Aquilera, n.d.).
Employees are Clean Powers most important stakeholders, who expect the company to understand and address the social and community issues that are relevant to them. In this scenario, ethical concerns might be hiring and selection
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