Introduction company. Overall, social responsibility helps companies to create

Introduction

Ethics are the
morality of human to distinguish between the right or the wrong and making the
right choices. It is a behaviour that promotes good values in humanity such as maintaining
right relationships, being authentic as an individual and having the courage of
doing the right things is right, instead of doing things right (The Ethics
Centre, n.d.). Social responsibility is the civic duty of an individual to
benefit the society as a whole in a way that the welfare of the society is concerned
and the environment is not harmed (Pachamama Alliance, n.d.). A business can be
ethically and socially responsible when its business is operated in a business
route without confidential which transparency is achieved, promoting business
with environmental-friendly activities which environmental awareness of the
public is achieved and establishing non-profit business activities to give back
to the society.

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Definitions of Ethics and Social Responsibility
(ESR) and Corporate Social Responsibility (CSR) (***
personal stands and opinios should be added)

Ethics are moral principles or values
that manage the conduct of an individual or a group. Ethical behaviour is the
thing that all profession individuals should mean to have. It is not a burden
to bear, yet a judicious and viable guide which encourages life and
achievement. Besides, ethics characterize individual character and refer
to the beliefs that a person practices when he interacts with individual and
social relationships. The conduct exhibited by the individual in social
practices gives a right assessment of his moral.

Social
responsibility means that individuals and companies have a duty to act in the
best interests of their environments and society as a whole. For instance, some
investors utilize a company’s social responsibility, as an investment
criterion. As such, a dedication to social responsibility can really transform
into profits, as the thought motivates investors to invest and consumers to
purchase goods and services from the company. Overall, social responsibility
helps companies to create a good reputation.

Corporate
social responsibility is the incentive of the company to be responsible for its
actions that affects the environment and the social well-being. Corporate
social responsibility is generally used to describe the efforts that exceed the
expectations of regulators or environmental protection groups. Corporate social
responsibility is generally understood as being the way through which a company
achieves a balance of economic, environmental and social imperative as well as
the expectation of the stakeholders and shareholders.

Ways in which businesses can be
ethically and socially responsible

Transparency

 Businesses can be ethically and socially
responsible by increasing the degree of transparency. According to the
Cambridge Dictionary, transparency in terms of business means a condition in
which business and financial activities are completed in an open route without
confidential so that consumers are able to believe that business is operated
fairly and honestly. As
the degree of transparency of a business increase, the confidence of the
consumers towards the business will also increase. For instance, Canada’s
McDonald’s launched a campaign named “Our food. Your questions” in 2014. This
campaign gives chance for customers to ask questions about the company publicly.
It gives McDonald’s the opportunity to banish bad rumours about their
ingredients used in the food (Milbrath, 2016). The company uploaded a series of
videos about how their food and ingredients were processed in the factory on
Youtube to answer all of the customers’ questions. This clearly shows how a
business is ethically and socially responsible towards the customers through
transparency. Besides, a business can be ethically and socially responsible for
employees through transparency too. When a business’s transparency is high, the employees will securely
feel while working in the company. They can worry less about losing their jobs
suddenly as the business’s activities are projected clearly to them. With this,
employees will be happier working under less stress environment which will not
make them stressful and depressing. This can help the society to reduce the
rate of social problems like committing suicide and crimes. These
practices have implemented the Kantian Ethics as the disclosure of actual
information validates the principle which it is wrong to tell lies. Hence, a
business will be considered ethically and socially responsible by increasing
their degree of transparency.

Environmental Awareness

Businesses
can be ethically and socially responsible by promoting environmental awareness.
Businesses will be reputed as an important central force of economic
development in a country not only because it leads the growth of GDP in a
country but also has a huge responsibility to protect the environment. However
most of the entrepreneurs on nowadays more tend to get greater profits rather
than thinking over that their products may be brought harmful effects to the
environment and lack awareness of environmental. Harmful effects that might
bring businesses to the environment include air pollution, water pollution,
land pollution and excesses of plastic bags. Thus, in order to fulfil business
ethics and social responsibility, entrepreneurs should advocate some
environmental friendly activities like “Go Green to Environment” and
“Recycling” so as to enhance customer’s environmental awareness
because everyone is responsible for protecting the environment and the Earth. For
instance, Tesco designs an eco-bag with a slogan of “The Natural Green
Bag” to all of its customers in order to reduce the usage of plastic bags.
While H&M starts to collect all the unwanted or wear out garments from its
customers in 2013 in order to practice 3R which are the Reduce, Reuse and
Recycle. The company distributes worldwide clothes that can be worn again,
converts textiles that are no longer suitable to wear into other products like
cleaning cloths and spun garments that can get a new chance as textile fibres
into yarn. Besides that, entrepreneurs could reduce pollution by preferring the
use of new energy rather than the use of fossil fuel, adding filter treatment
in the drainage pipes and reducing the use of chemical fertilizers. For
example, the mission statement of Patagonia is: “Build the best product, cause
no unnecessary harm, use business to inspire and implement solutions to the
environmental crisis (Robins,2017) and Google recommends “Google
Green” which is a corporate effort to use resources efficiently and
support renewable power (Moreno,2015).These activities implemented ethics of
care which business care for the relationship between them and the nature. In
short, businesses play an important role to promote environmental protection in
order to fulfil their ethically and socially responsible.

Giving back to the community

Businesses
can be ethically and socially responsible by giving back to the community.
People nowadays prefer to work in a company associated with positive activities
which related to the society. For example, the famous elephant pants business
in Thailand is ethical as the company will donate one dollar of each product
sold to the official organization which role is to save elephants from
extinction. Therefore, workers are willing to be paid twice the fewest wage
(driver, 2017). Besides that, entrepreneurs donate money to alma mater is the
simplest way of showing they are responsible towards the society. Entrepreneurs
could sponsor free or cheaper foods and beverages during school event such as
sports day. As some of the students have talents in sports activities,
entrepreneurs can provide opportunities by cultivating them to be a team of
athletes. This is because education develops us as a successful person and we
are responsible to provide a better education to our next generation when we
have the ability and capability. Nowadays, economics issues increased costs of
living so does the tuition fees in college or university is getting more
expensive compared to previous. Entrepreneurs can use a part of the businesses’
profit to offer a scholarship to those students with excellent academic
performances as financial aids to their parents. Entrepreneurs can also
establish the fundraising program to help and give an opportunity to further
their education. The fundraising activities can be charity walk, marathon,
bike, and others. Employers should be the leaders to encourage workers to take
part in the charity programs such as charity walk, run, bike, and others. As a
leader, entrepreneurs should join and lead the whole team of employees to
participate in these meaningful activities. One of the well-known charity programs
is 30 Hours Famine. It requires participants to raise fund and hunger for 30
hours. This program not only doing charity, it also improves the relationship
between employers and workers. In addition, salons are one of the businesses
which can be ethically and socially responsible. For instance, if you are doing
salon businesses, you can provide free cut services for those who are willing
to involve in the hair donation program. Entrepreneurs can also bring along
their workers to the old folk home and orphanage to provide free cut services. These
examples showed the Confucian Ethics whereas the equilibrium among
righteousness and profits must be achieved to seek a balance in managing
businesses and helping people. In sum, businesses can be ethically and socially
responsible by giving back to the community.

Conclusion

            In conclusion, corporate social
responsibility is crucial for businesses to be ethically and socially
responsible. It has shown that corporate social responsibilities programs such
donations, sponsorships, educations, fund-raising programs and charity programs
are accounted to shape a business that to being ethically and socially
responsible. Besides, environmental-friendly practices should be implemented
during the manufacturing, marketing and operating process to raise the
environmental awareness of every individual. Businesses are responsible for the
prosperity and welfare of the society by finding a balance between profit and responsibilities.

 

 

 

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