Csr 1

ESG - environmental social governance

TBL - Triple bottom line socail, environmental and financial profits
EIA - environment impact assessment - integrity, utility, sustainability (SUI)
SEA - strategic environmental assessment

environmental management
3 Ps prevention, preservation and protection of our natural resources and
environment
threats
population explosion
fossil fuels
cfcs
co2 emissions

esg
environmental social governance metrics measuring long term sustainability
E - waste management, water management, sustainable environmental practices
S - clients, employees,
G - how well run the company is in its management operations

Environmental footprint
measure of resources consumed

Ecological footprint
measures human activities impact on earth's ecosystem

sustainable development
Is the development that meets the needs of the present without
compromising the ability of future generations to meet their own
needs”

triple bottom line

social, environmental and financial profits

Global Reporting Initiative

promotes sustainability reporting using ESG, TBL, CSR

greenwashing advertising and marketing you are environment friendly while you
are not

EIA - environment impact assessment

assessment of projects' impact on environment

EIA values
integrity - fair, unbiased project
utility - useful information must be provided for decision making
sustainability - environment sustainability
strategic environmental assessment - strategic environmental assessment of
development policies
Csr 2
ethics
moral principles or set of moral values held by an individual or group which allow
them to distinguish between right and wrong

morality
what is accepted as right or wrong, distinguishing between right and wrong

consequentialism - judges whether or not something is right by what its

consequences are.

Two examples of consequentialism

are utilitarianism and hedonism.

utilitarianism - the most ethical choice is the one that will produce the greatest
good for the greatest number
kill 1 to save 4

deontology - judges the morality of an action based on the rightness or

wrongness of the action itself, and not on the consequence
duty and morality og human actions - some things need to be done regardless of
their consequence

virtue ethics - practice ethicality to an extent that it becomes a character of your

trait, a habit
hedonism - something is good if it produces pleasure and avoids pain

hedonic bias - attributing succeess to yourself and failures to external factors

-avoid doing the ethical thing because it may be beneficial for you at a personal
lvl.

behavioural ethics - how people behave when confronted with ethical dilemmas

behavioural bias - irrational behaviour or beliefs that hamper our decision making

social contract theory -

its an unsaid / implicit agreement between business houses and society that they
will always serve in the interest of society.

altruism - acting in the best interest of others rather than your ownself

bounded rationality - how we make decision systematically and predictably which

often counter our ethical beleifs

conformity bias - behaving like those in our surroundings rather than using our
own personal judgement

moral myopia - inability to see ethical issues clearly

technology assessment - assessing impact of technology on environment and

society
Csr 3
nudge theory
indirect suggestions to influence behaviour and decision making

default option - an option individuals automatically receive if they do nothing

tip the delivery boy
donate for eyes at McD

Social proof heuristic

tendency to guide your behaviour looking at others

social problems
save paper - atms - print or save paper example
Csr 4
roadblocks
funding
overcoming suspicion
clarity of cause
staying honest to your mission

social intrapreneur
builds initiatives inside of the wrkplace that yield social good, while at the same
time supporting the organizational goal

social return on investment - triple bottom line - economic, social and

environmental impact / gains / returns

socially responsible investing - investing in an esg framework, while you strive for
economical benefits you focus on the environmental as well as social impact of
your investment as well, invest in TATA

sustainable investors - focus on esg ad sustainability - hospitals against tobacco,

companies against corruption etc.

scalability dissemination, affiliation, social franchising, branching

Csr 5
sharing economy - example could be uber car pool
an economy where individuals and communities share resources

A gift economy is one in which services or goods are given without an agreement
as to a suitable payment or trade to be made in return. Instead of monetary gain,
gift economies often rely on intangible rewards like a sense of contribution,
community, honor or prestige.

social identity theory - identity is determined by your personal behaviour and the
image of the community you belong to.
employer branding - perception of employer among employees

csr pyramid - pele philanthropic, ethical, legal, economic

csr budget expenditure

poverty, malnutrition
education, health infrastructure, PM National Relief Fund
rural development
basic amenities
flood, drought, natural calamities relief

stakeholders
society, customers, employees, suppliers, shareholders, government
Conscious capitalism is more holistic approach that provides not
only financial wealth to stakeholders, but also intellectual, ecological,
cultural, emotional and social wealth

social exchange theory - individual employees perception and engagement

towards the organizations csr initiatives