BUSINESS ETHICS SECOND QUARTER

CORPORATE SOCIAL RESPONSIBILITY - It describes the company’s OBLIGATION to

be sensitive to the needs of all the stakeholders in its business operations.
- considers all stakeholders: OWNERS AND INVESTORS, EMPLOYEES, SUPPLIERS,
CUSTOMERS AND THE COMMUNITY.

CORPORATE CITEZENSHIP - interchangeably used with CSR. Its focus is on what it can do
to aid the government (society) and the environment in general

CSR - ordinary people wherein they idolize because they give a lot in society. Not to create
wealth but to help the community
- believes that a business which profits and continues to grow should be socially responsible.

SOCIAL RESPONSIBILITY - Its ethical obligations lie to its stakeholders but not limited to
them.

MANIFESTATIONS OF THE PRACTICE OF CORPORATE SOCIAL

RESPONSIBILITY
• social commitment to the program beyond the immediate community of the enterprise
• rapport between the business and the community
• health and safety, family welfare and equal opportunity programs.
• sustainable environment programs

Ex. GMA kapuso foundation, PCC pondo ng pinoy

BENEFITS ACCRUED FOR PRACTICE OF CSR

• Reputation of goodwill
• Awareness of the enterprise
• Product recognition
• Loyalty from clients
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• Efficiency and dedication of employees

• Provision for tax benefits

PHILIPPINE BUSINESS FOR SOCIAL PROGRESS has made significant work on social
development through the practice of CSR by
- Addressing poverty alleviation
- Environmental protection
- Sound labor practices
- Community involvement
- Philippine Business for Social Progress was established in 1970 during the time that the
economy of the country was struggling. A group of business magnates joined PBSB to make a
significant change on how businesses and companies can help stakeholders, more so the
economy.

• ECONOMIC RESPONSIBILITY is the ability of the business or company to provide

for the needs of people, whether be it goods or services, in exchange for an amount of
money which satisfies the customers. It also demonstrates that economic responsibilities
stipulate profitability or does what is required by the global capitalism. SHOULD BE
STABLE
• LEGAL RESPONSIBILITY is the business’ obedience to the law. LEGITIMATE
• ETHICAL RESPONSIBILTY does what is expected by global stakeholders.
EXPECTED YOU TO DO
• PHILANTHROPIC RESPONSIBILITY does what is desired by global stakeholders.
These are additional behaviors and activities that the society finds desirable and are the
values that business supports. YOUR DESIRE

The CAUX ROUNDTABLE PRINCIPLES OF ETHICS are ethical principles established by

international executives based in Switzerland, in collaborations with other business leaders from
Japan, Europe and the United States. Its stakeholders include competitors and it adheres to the
economic and legal responsibilities in the global arena.

ROLE OF BUSINESS IN THE SOCIAL DEVELOPMENT

- It accompanies community development where the business and the industry exist.
- Involvement of business and industry in education and value formation allows for progress in
the literacy rate.

CORPORATE SOCIAL RESPONSIBILITY MODELS AND STEWARDS -

These are the men and women whose reason for being is not only to create wealth, but to do so
in the servive of their fellow men.

BUSINESS BEYOND PROFIT

ECOLOGY - It is a science that studies the relationship of life on earth.

-It links each living thing to the physical and chemical environment.
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- Ecology refers to the study of the ecosystem which consists of animals, plant/tress, bacteria,
and the physical and chemical environments with which it is interrelated.

Social responsibility frequently practices direct enterprises to deal with the natural environment.

MANDATE (E.O.192,S.1987) - The Department is the primary agency responsible for the
conservation, management, development, and proper use of the country’s environment and
natural resources, specifically forest and grazing lands, mineral resources, including those in
reservation and watershed areas, and lands of the public domain, as well as the licensing and
regulation of all natural resources as may be provided for by law in order to ensure equitable
sharing of the benefits derived therefrom for the welfare of the present and future generations of
Filipinos. DEPARTMENT OF ENVIROMENT AND NATURAL RESOCURCES

The Philippines' DEPARTMENT OF ENERGY (Filipino: Kagawaran ng Enerhiya),

abbreviated as DOE is the executive department of the Philippine Government responsible for
preparing, integrating, coordinating, supervising and controlling all plans, programs, projects and
activities of the Government relative to energy exploration, development, utilization, distribution
and conservation. SOLAR WINDMILL, HYDROTHERMAL, BIOMASS

• BANGGUI WINDMILLS IN ILOCOS NORTE

• VIE VARDE IN CAVITE
• HOUSE OF BEA ALONZO

BIOGAS PLANT - coming from living things or decompose composes methane

LITER OF LIGHT - Alfred Moser

ENVIROMENTAL DEGRADATION - is a process through which the natural environment is

compromised in some way, reducing biological diversity and the general health of
the environment. ENVIROMENT IS SUFFERING

CARBON FOOTPRINT - It is amount of carbon dioxide (CO2) emissions associated with all
the activities of a person or other entity (e.g., building, corporation, country, etc.).
It includes direct emissions, such as those that result from fossil-fuel combustion in
manufacturing, heating, and transportation, as well as emissions required to produce the
electricity associated with goods and services consumed.
In addition, the carbon footprint concept also often includes the emissions of other greenhouse
gases, such as methane, nitrous oxide, or chlorofluorocarbons (CFCs). ANYTHING WE USED
OR CONSUMED

EXAMPLES OF DAY-TO-DAY ENVIRONMENTAL DEGRADATION THAT

FURTHER AGGRAVATE ECOLOGICAL ISSUES:
• Clothes washed with detergents, instead of soap, lead to more pollution
• Throwable bottles, instead of returnable containers, are not used
• Man-made nitrogen fertilizer, instead of manure or crop rotation, pollutes rivers and lakes
• Use of synthetic, nonbiodegradable fibers, instead of cotton or wool
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• Use of heavy cars, instead of lighter, low-powered types, pollutes the air with smog and
lead

HYDROPONICS is an advanced method of growing plants without soil. It uses other medium
like cocopeat. A computer software can control lighting, environment conditions, nutrients and
PH balance. WATER
AQUAPONICS is also an alternative in planting. Roots are exposed and nutrients are collected
through a mist spray. AIR

OBEDIENCE TO ECOLOGY LAWS IS CONSIDERED AN EXPENSIVE PURSUIT.

REASONS FOR OBEDIENCE IN THE ECOLOGY LAW

• The very magnitude of the present United States, where the world resources is a source of
hope – for its reduction through ecological reform, can have a large and favorable impact
on the desperate needs of the developing countries.
• The state of the environment is a result of social mismanagement of the world resources,
it can be resolved, and man can survive in a humane condition when the social condition
of man is brought into harmony with the ecosphere.
• -Cooperation of the global whole
• Restoration to nature the wealth that is borrowed from it.

SOCIAL ENTREPRENEURSHIP is defined as developing innovative, scalable, and

sustainable means of social problems, like the skills that are also used by an entrepreneur.

• ASHOKA BUILDS and cultivates a community of change leaders who see that today's
rapidly changing world requires everyone to be a changemaker.
• The SCHWAB FOUNDATION FOR SOCIAL ENTREPRENEURSHIP, sister
organization of the World Economic Forum, is a leading global platform that accelerates
outstanding models of social innovation:

• ANTONIO MELETO AND JOSE LUIS OQUIENENA - GAWAD KALINGA

Enterprise development, environment, health, homelessness and housing sectors.
• PAOLO BENIGNO AQUINO IV - HAPINOY It is a social enterprise which partners
with
- microentrepreneurs - particularly sari-sari store owners - through education, linkages
to capital, new business opportunities, and technology enablement.
• ANNA MELATO-WILK AND DYLAN WILK - HUMAN NATURE believes that
businesses play a key role in helping eradicate poverty through intentional practices:
Building a stronger middle class from the working poor. Creating sustainable business
practices based on stewardship. Cultivating a vibrant social enterprise community.
• JAIME I. AYALA - HYBRID SOCIAL SOLUTIONS empowering rural and
marginalized communities by enabling access to sustainable solar energy

• THERESE FERNANDEZ-RUIZ - RAGS2RICHES - R2R started with the

very serious mission of lifting Filipino artisans out of poverty. We started doing this
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through partnering with artisans and transforming unwanted fabric into woven rugs, then
into bags.

Profit isn’t a purpose, it’s a result. To have purpose means the things we do are of real
value to others. -Simon Sinek