Environmental Dimension of CSR
The environment is the "Silent Stakeholder". It cannot speak, but it can destroy your business (floods, resource scarcity).
Key Concepts
1. Carbon Footprint
- Measuring the total Greenhouse Gases (GHG) emitted by the company.
- Goal: Net Zero (Removing as much carbon as you emit).
2. The 3 Rs (Waste Management)
- Reduce: Use less packaging.
- Reuse: Refillable bottles.
- Recycle: Turning waste into new products.
3. Circular Economy
- Moving away from "Take-Make-Dispose" (Linear) to "Take-Make-Recycle" (Circular).
- Example: H&M collecting old clothes to make new fabric.
4. Water Stewardship
- For companies like Coca-Cola or Pepsi, water is critical. They must be "Water Positive" (Return more water to nature than they use).
Note
Kyoto Protocol & Paris Agreement: Global treaties that pressure nations (and companies) to reduce emissions. Companies that ignore this face "Transition Risk" (Regulations prohibiting dirty tech).
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