Samiksha Shelar

SYBMS- Marketing Section

Div – B
Roll no- 151
FC Presentation
Prof: Sayalee Sable
Explain Corporate Sustainability?

Corporate sustainability is an approach aiming to create

long-term stakeholder value through the implementation
of a business strategy that focuses on the ethical, social,
environmental, cultural, and economic dimensions of
doing business.
The strategies created are intended to foster
longevity, transparency, and proper employee
development within business organizations.
Corporate sustainability is often confused with corporate
social responsibility (CSR), though the two are not the
same.
 Ethical Issue In Organization:

Ethical issues occur when a given decision, scenario or

activity creates a conflict with a society's moral principles.
These conflicts are sometimes legally dangerous, since
some of the alternatives to solve the issue might breach a
particular law.
Some examples of ethical dilemma examples include: Taking credit
for others' work. Offering a client a worse product for your own
profit. Utilizing inside knowledge for your own profit.

5 Common Ethical Issues in the Workplace

 Unethical Leadership.
 Toxic Workplace Culture.
 Discrimination and Harassment.
 Unrealistic and Conflicting Goals.
 Questionable Use of Company Technology.
 Difference between Ethics & Governance

Ethics:
 The main difference between corporate governance and
ethics is that the ethics are the philosophical and morally
decent standards that a corporation attempts to stand by,
while governance processes are the means by which a
corporation attempts to remain as ethical as possible while
still making a profit.
 On the other hand, business ethics are professional ethics
which deal with morale and principles to deal with various
situations that arise in a business environment. It is
formulated to maintain a good conduct of the entire
organization in all aspects and its smooth functioning

Governance:

 The governance obligations and operations of a

corporation vary depending on its type..
 Corporate governance is a set of rules, practices and
processes under which a company is regulated and
controlled. It involves maintaining and uplifting the
interests of a company's stakeholders which can be
shareholders, management, customers, suppliers,
financiers, government and the community.