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RELATIONSHIP BETWEEN

ETHICS, CSR AND CORPORATE


GOVERNANCE / EVIROMENTAL
ISSUES AND PRINCIPLES OF
ETHICS
GROUP 1
PRESENTED TO:
SIR MANSOOR
TOPICS AND PARTICIPANTS
RELATIONSHIP BETWEEN ETHICS, CSR AND CORPORATE GOVERNANCE / EVIROMENTAL
ISSUES AND PRINCIPLES OF ETHICS

20020920-030 CORPORATE SOCIAL RESPONSILIBILITY AND BUSINESS ETHICS


M. BURHAN

20020920-012 CORPORATE GOVERNANCE AND ITS PRINCIPLES


ALINA SHABBIR

20020920-054 INTER-RELATIONSHIP OF CORPORATE GOVERNANCE AND BUSINESS


M. KHALID ABRAR ETHICS

20020920-010 ENVIROMENTAL ISSUES RELATED TO BUSINESS ETHICS


ZEESHAN SHOUKAT

20020920-034 ENVIROMENTAL PRINCIPLES OF BUSINESS ETHICS


USMAN AYUB
01
CORPORATE SOCIAL
RESPONSILIBILITY
AND BUSINESS ETHICS
PR E S E NTE D BY :
20020920-030
M. BUR HA N
CORPORATE SOCIAL RESPONSIBILITY
THE IDEA THAT BUSINESS HAS OBLIGATION TO
SOCIETY THE PURSUIT OF PROFIT.
3PS
– PROFIT, PEOPLE, PLANET
PROFIT
THE PERSPECTIVE TAKEN IS THAT AN ORGANIZATION TO BE SUSTAINABLE (A LONG RUN
PERSPECTIVE ) IT MUST BE FINANCIALLY SECURE.
PLANET
IT MUST ITS NEGATIVE ENVIRONMENTAL MINIMIZE EFFECTS.
PEOPLE
ORGANIZATION MUST ACT IN CONFORMITY WITH SOCIETAL EXPECTATIONS THAT
EXPECTATION BELIEF IN A A WAY THAT IS DEEMED. ACCEPTABLE BY SOCIETY
TYPES OF CORPORATE SOCIAL
RESPONSIBILITY
ENVIRONMENTAL RESPONSIBILITY:
REFERS TO THE BELIEF THAT ORGANIZATIONS
SHOULD BEHAVE IN ENVIRONMENTALLY FRIENDLY
WAY. SHOULD NOT THROW HARMFUL WASTE IN
OPEN PLACES.

ETHICAL RESPONSIBILITY:
IS CONCERNED WITH ENSURING AN ORGANIZATION
IS OPERATING IN A FAIR AND ETHICAL MANNER.
SHOULD PROVIDE CORRECT INFORMATION TO
THEIR CUSTOMER.
TYPES OF CORPORATE SOCIAL
RESPONSIBILITY
PHILANTHROPIC RESPONSIBILITY
REFERS TO A BUSINESS’S AIM TO ACTIVELY MAKE
THE WORLD AND SOCIETY A BETTER PLACE.

ECONOMIC RESPONSIBILITY
REFERS TO NOT PURSUING PROFIT MAXIMIZATION
BUT ALSO IMPACT POSITIVELY ON ENVIRONMENT,
PEOPLE AND SOCIETY.
DIFFERENCES BETWEEN BUSINESS ETHICS & CSR
CSR BUSINESS ETHICS
AIM TO BENEFIT SOCIETY TO PROFIT THE EMPLOYEES AND
COMPANY.
NATURE USED IN A GENERAL SENSE. USED IN A BUSINESS SENSE.
INVOLV INVOLVES SOCIETY OR INVOLVES CORPORATE AND
ES INDIVIDUAL COMPANIES
WHAT IS SOCIAL RESPONSIBILITY IS BUSINESS ETHICS IS ABOUT
IT ABOUT SEEING AND KEEPING KNOWING WHAT IS GOOD OR BAD
ABOUT? THE MORALS OF A SOCIETY AND FOR THE COMPANY AND ITS
ENVIRONMENTAL TARGETS IN EMPLOYEES
MIND.
02
CORPORATE
GOVERNANCE AND ITS
PRINCIPLES
PRESENTED BY:
20020920-012
ALINA SHABBIR
CORPORATE GOVERNANCE

CORPORATE GOVERNANCE IS THE


COMBINATION OF RULES, PROCESSES OR
LAWS BY WHICH BUSINESS ARE
OPERATED, REGULATED AND
CONTROLLED.
PRINCIPLES OF CORPORATE
GOVERNANCE
ACCOUNTABILITY
ENSURES ETHICAL AND RESPONSIBLE DECISION
MAKING AND IMPROVE CORPORATE
PERFORMANCE.

TRANSPARENCY
ENSURES TIMELY AND ACCURATE DISCLOUSER,
MANDATING COMPANIES TO ADOPT AND PUBLISH
CORPORATE GOVERNANCE.
PRINCIPLES OF CORPORATE
GOVERNANCE
FAIRNESS
FAIRNESS BY SAFEGAURDING THE INTEREST OF
INVESTOR AND PROTECT SHAREHOLDER’S
RIGHTS.

RESPONSILBILITY
TO MEET LEGAL REQUIREMENT AND
REGULATION OF SHARE HOLDER RIGHT.
03
INTER-RELATIONSHIP
OF CORPORATE
GOVERNANCE AND
BUSINESS ETHICS
PRESENTED BY:
20020920-054
M. KHALID ABRAR
INTER-RELATIONSHIP OF CORPORATE
GOVERNANCE AND BUSINESS ETHICS
1. Ethics are the philosophical and morally decent standards that a
corporation attempts to stand by.

1. Corporate governance processes are the means by which a corporation


attempts to remain as ethical as possible while still making a profit. It
represents the moral framework, the ethical framework and the value
framework under which an enterprise takes decisions.
INTER-RELATIONSHIP OF CORPORATE
GOVERNANCE AND BUSINESS ETHICS
○ CORPORATE GOVERNANCE IS IMPORTANT BECAUSE:
■ It creates a system of rules and practices that determine how a company
operates and how it aligns the interest of all its stakeholders. Good corporate
governance leads to ethical business practices, which leads to financial
viability.
■ It ensures everyone in an organization follows appropriate and transparent
decision-making processes and that the interests of all stakeholders
(shareholders, managers, employees, suppliers, customers, among others) are
protected.
04
ENVIROMENTAL
ISSUES RELATED TO
BUSINESS ETHICS

PRESENTED BY:
20020920-010
ZEESHAN SHOUKAT
ENVIROMENTAL ISSUES RELATED TO
BUSINESS ETHICS
COMPANIES THAT PROVIDE GOODS AND SERVICES ARE RESPONSIBLE FOR
PROTECTING OUR NATURAL RESOURCES.

1. POLLUTION

POLLUTION IS AN ETHICAL ISSUE BECAUSE COMPANIES ARE POLLUTING THE ENVIRONMENT


AND ALSO HARMS THE HUMAN HEALTH. MANY HARMFUL DISEASES ARE COMING BECAUSE
OF POLLUTION. GOVERNMENT SHOULD REGULATE THE INDUSTRY TO MAKE AS LESS
POLLUTION AS POSSIBLE.
ENVIROMENTAL ISSUES RELATED TO
BUSINESS ETHICS
2. GLOBAL WARMING

GLOBAL WARMING IS ONE OF THE MOST IMPORTANT ENVIRONMENT ISSUE. THE


TEMPERATURE OF EARTH IS INCREASING EVERY YEAR. GLACIERS ARE MELTING AND SEA
LEVEL IS INCREASING BECAUSE OF GLOBAL WARMING.

3. WASTE DISPOSAL

THROWING AWAY WASTE ON ROADS IN STREETS OR IN SMALL LAKES WHICH THEN MOVE
INTO THE RIVERS AND KILL MILLIONS OF WATER SPECIES. WASTING DISPOSAL SHOULD BE
DONE BY ACCURATE WAY NOT THE WAY USED IN MANY COUNTIES.
ENVIROMENTAL ISSUES RELATED TO
BUSINESS ETHICS
4. PUBLIC HEALTH ISSUES

ENVIRONMENTAL POLLUTION IS AFFECTING PUBLIC HEALTH SERIOUSLY. MANY DISEASE LIKE


SKIN ALLERGIES, ASTHMA CAUSING PEOPLE BREATH.

5. DEFORSTATION

CUTTING OF TREES IS ALSO AN IMPORTANT CAUSE OF ENVIRONMENTAL POLLUTION.


MILLIONS OF TREES HAS BEEN CUT DOWN WHICH ALSO SHOWING EFFECTS ON
ENVIRONMENT. THE EARTH TEMPERATURE IS RAISING, LACK OF OXYGEN ESPECIALLY IN
CROWDED CITIES. GOVERNMENT SHOULD PLANT NEW TREES AND ALSO PROVIDE
AWARENESS TO PEOPLE ABOUT THE IMPORTANCE OF TREES.
ENVIROMENTAL ISSUES RELATED TO
BUSINESS ETHICS
6. LOSS OF BIODIVERSITY

IT IS ALSO ON ETHICAL ISSUES. IT IS OUR RESPONSIBILITY TO PROTECT THE ENDANGERED


SPECIES AND THEIR HABITATS BECAUSE PEOPLE ARE HUNTING THESE SPECIES FOR THEIR
PERSONAL BENEFITS.

7. OZONE LAYER DEPLETION

ENVIRONMENT POLLUTION ALSO EFFECTING THE OZONE LAYER. OZONE LAYER IS SETTING
THIN EVERY YEAR JUST BECAUSE OF AIR POLLUTION AND CHEMICALS THAT COMPANIES
SPREADING IN THE AIR. DEPLETION OF OZONE LAYER CAUSING SKIN CANCER AND MANY
OTHER HARMFUL DISEASES.
05
ENVIROMENTAL
PRINCIPLES OF
BUSINESS ETHICS
PRESENTED BY:
20020920-034
USMAN AYUB
ENVIROMENTAL PRINCIPLES OF BUSINESS ETHICS

JUSTICE
● EVERYONE SHOULD BE TREATED EQUALLY
AND HAVE THE SAME ACCESS TO SUSTAINABLE
NATURAL RESOURCES.

● IT IS UNJUST FOR SOME POPULATIONS TO LIVE


IN POLLUTED ENVIRONMENTS WHILE OTHERS
HAVE UNLIMITED ACCESS TO THINGS LIKE
CLEAN WATER AND AIR.
ENVIROMENTAL PRINCIPLES OF BUSINESS ETHICS

SUSTAINABILITY

● SUSTAINABILITY IS MAKING THOSE DECISIONS


WHICH DOES NOT HAVE ANY NEGATIVE
CONSEQUENCES FOR THE CURRENT AND
FUTURE GENERATION.

● ASSUMES THAT HUMAN RESOURCES ARE NOT


UNLIMITED AND MUST BE USE THEM IN A
SUSTAINABLE MANNER THAT ALLOWS TO USE
THEM IN THE FUTURE AS WELL.
ENVIROMENTAL PRINCIPLES OF BUSINESS ETHICS

SUFFICIENCY

● ALL FORMS OF LIFE (HUMAN & ANIMAL) ARE


ENTITLED TO ENOUGH GOODS TO LIVE ON
AND FLOURISH.

● NO ONE SHOULD WASTE OR HOARD


RESOURCES INTENDED FOR THE SUFFICIENCY
OF ALL.
THANKS FOR YOUR ATTENTION
01 02 03

20020920-030 20020920-012 20020920-054


M. BURHAN ALINA SHABBIR M. KHALID ABRAR

04 05
20020920-010 20020920-034
ZEESHAN USMAN AYUB
SHOUKAT

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