Tag Archive for ‘China’
Keld Jensen argues that yesterday’s moral compass no longer points in the direction of today’s business ethics solutions – and that relativity may apply as much to business ethics as to physics. “Times have changed,” he writes. “As businesses operate in an increasingly globalized world, ethical conduct is no longer an absolute standard.”
When the Egyptian government created a partial communications blackout on Thursday, shutting Internet and cell-phone service, it asked for the cooperation of foreign mobile phone companies. UK-based Vodafone complied, saying it had no choice but to cut service.
China passed the U.S. as the world’s leading greenhouse gas emitter back in 2006 and today produces some 17 percent of the world’s total carbon dioxide output. Although the Chinese insist environmental trouble is part of the cost of developing a world superpower, China has started to take action.
Ann Charles thinks the next generation of business leaders will require new talents and a different set of skills to successfully grow business over the next decade. A modern CEO, she writes, will focus on creating a business culture that’s expansive, mapping a social purpose to the creation of goods and services.
Hydroelectric dams are among the greenest and most affordable electricity sources in the world—and by far the most widely used renewable energy sources—but they also take a heavy environmental toll in the form of compromised landscapes, ecosystems and fisheries.
Asbestos has long been known to cause debilitating and often fatal diseases such as lung cancer, mesothelioma and asbestosis. It is banned or restricted in 52 countries. But since the mid-1980s, a global network of lobbyists has spent nearly $100 million to maintain a market for asbestos, according to an investigation by the Center for Public Integrity.
The primary way governments around the world are trying to “green” their own economies today is by increasing investment in—and, by extension, creating jobs in—industries on the cutting edge of non-polluting renewable forms of energy, such as solar and wind power.
Illegal logging and tropical deforestation are the focus of two newly-announced initiatives – one focusing on the legal risk to companies that buy illegally harvested wood, the other highlighting potential rewards to American business of U.S. legislation that would help end illegal logging and tropical deforestation. “Saving rainforests isn’t just for treehuggers anymore,” said a representative of the Ohio Corn Growers Association,
Hopes were high that international negotiators in Copenhagen last December would be able to hammer out a strong agreement to once and for all take the climate beast by the horns and begin to reign in carbon emissions worldwide. But a new binding formal agreement was not to be, mostly because of conflicting priorities among participating countries.
With its disclosure, Avon becomes the latest in a growing list of major Western companies dealing with alleged violations of the U.S. Foreign Corrupt Practices Act (FCPA). Avon is the world’s largest direct seller of beauty products, marketing in more than 100 countries through 5.4 million independent sales representatives.