Besr CSR SD
Besr CSR SD
Besr CSR SD
LEGAL
ETHICAL
PHILANTHROPIC
PRINCIPLES OF
ENVIRONMENTAL MANAGEMENT
The
environmental
principles are
classified
according to
development
phases
1. Light Green
This environmental
principle states that
a company becomes
successful if it
sustains competitive
advantage but at the
same time complies
with the law.
2. Market Green
This principle
promotes the
creation of products
and services that
cater to the
environmental
preferences of
consumers.
3. Stakeholder Green
This principle focuses on
the preferences of
stakeholders.
Stakeholder green has a
darker shade than market
green because it focuses
on a bigger group – the
stakeholders.
Stakeholder green → customers, suppliers, community,
employees, shareholders, and others
4. Dark Green
Not many companies
adopt the dark green
principle.
This propagates
leadership in the
industry through
a high level of
commitment to
preserve the
environment.
SHADES OF GREEN
Companies can develop and create their
own shades of green depending on how
they interpret the shades to suit their
commitment and aspiration to take care
of the environment.
They can define each shade in their own
ways depending on how they interpret the
corresponding environmental values for
each shade.
Answer the questions:
1. Why is it important for today’s generation
of businessmen to protect the
environment?
2. How does the
concept of shades
of green aid in
identifying
strategies for
environmental
management?
3.How will protecting the environment
benefit future generations?
4. How do the three
models of CSR
consider economic
responsibility? Do
these models agree
on economic
concerns as a
priority of CSR?