chapter 3 sustainability

<p>Corporate social performance and corporate social responsibility are related concepts (B)</p> Signup and view all the answers

<p>Environmental sustainability (B)</p> Signup and view all the answers

<p>Focus on research and alternative themes (A)</p> Signup and view all the answers

<p>Being compliant with laws (B)</p> Signup and view all the answers

<p>They must consider broader social implications (C)</p> Signup and view all the answers

<p>Economic, legal, ethical, and voluntary (B)</p> Signup and view all the answers

<p>To operate sustainably while balancing diverse stakeholder interests (D)</p> Signup and view all the answers

<p>To consider the expectations of stakeholders (B)</p> Signup and view all the answers

<p>To align business operations with ten principles in various areas (A)</p> Signup and view all the answers

<p>Encourage governments to create more regulations (C)</p> Signup and view all the answers

<p>Transparent and ethical behavior (A)</p> Signup and view all the answers

<p>Integration of social and environmental concerns in business operations on a voluntary basis (C)</p> Signup and view all the answers

<p>The impact of corporate decisions on society and the environment (C)</p> Signup and view all the answers

<p>Preparation and response to environmental emergencies (C)</p> Signup and view all the answers

<p>Work and income opportunities (B)</p> Signup and view all the answers

<p>Quality and guest satisfaction (A)</p> Signup and view all the answers

<p>Solid waste, effluents, and emissions management (A)</p> Signup and view all the answers

<p>Promoting ethical practices (A)</p> Signup and view all the answers

<p>It minimizes operating costs and environmental impact (D)</p> Signup and view all the answers

<p>Health and education initiatives (A)</p> Signup and view all the answers

<p>Identifying and safely handling hazardous materials (A)</p> Signup and view all the answers

<p>Measurable data about funding sources (D)</p> Signup and view all the answers

<p>Encouraging stakeholder influence (B)</p> Signup and view all the answers

<p>To improve stakeholder relationships (B)</p> Signup and view all the answers

<p>To recognize and respect their interests and legal rights (C)</p> Signup and view all the answers

<p>Disclosing the purpose and nature of activities (A)</p> Signup and view all the answers

<p>Adhering to local laws unconditionally (C)</p> Signup and view all the answers

<p>Providing training on ethical standards (A)</p> Signup and view all the answers

<p>By identifying and preventing them (D)</p> Signup and view all the answers

<p>Identifying and managing relationships with stakeholders. (B)</p> Signup and view all the answers

<p>Competitors (B)</p> Signup and view all the answers

<p>Advisory committees (C)</p> Signup and view all the answers

<p>Labels must represent specific principles or results. (B)</p> Signup and view all the answers

<p>The presence of a penalization system. (A)</p> Signup and view all the answers

<p>Some organizations may not take them seriously due to lack of penalties. (C)</p> Signup and view all the answers

<p>To promote economic and social sustainability. (B)</p> Signup and view all the answers

<p>They are specific to a company or organization. (C)</p> Signup and view all the answers

<p>To promote sustainable fishing practices and contribute to ocean health. (B)</p> Signup and view all the answers

<p>A system ensuring best environmental practices and high animal welfare standards. (A)</p> Signup and view all the answers

<p>Improving environmental performance of organizations. (D)</p> Signup and view all the answers

<p>By assessing sustainability performance across various project phases. (D)</p> Signup and view all the answers

<p>Sustainability planning, community benefits, cultural heritage, and reducing environmental impacts. (C)</p> Signup and view all the answers

<p>A standard setting requirements for any sustainable accommodation. (C)</p> Signup and view all the answers

<p>Improvement in local community welfare and cultural heritage. (D)</p> Signup and view all the answers

<p>LEED. (D)</p> Signup and view all the answers

The obligations of businesses to consider the needs and values of society beyond their immediate economic and technical interests.

An expansion of the definition of social responsibility, suggesting that businesses should be concerned with achieving societal expectations.

Corporations have obligations to society that go beyond legal and economic considerations.

Businesses should consider the impact of their decisions and actions on various stakeholders, not just their own interests.

Social responsibility goes beyond simply complying with laws; it involves actively contributing to the well-being of society.

This era introduced the concept of Corporate Social Performance (CSP) and further developed the concept of Corporate Social Responsibility (CSR).

Businesses should strive to be economically profitable, law-abiding, ethical, and supportive of the community.

This era saw a move away from purely defining CSR and towards research and alternative perspectives on the role of businesses in society.

An organization should openly communicate its actions and decisions that affect society and the environment.

An organization should actively promote ethical behavior by identifying its values, preventing conflicts of interest, and establishing mechanisms to report unethical behavior.

An organization should respect the interests and legal rights of its stakeholders, including responding to their concerns.

An organization should recognize that respect for the law is crucial and should uphold its principles.

This refers to easily quantifiable aspects of disclosure.

This refers to aspects of disclosure that are challenging to quantify.

Businesses should provide clear information about the purpose, nature, and location of their activities.

An organization should explain how its decisions are made, implemented, and reviewed.

A framework for businesses that encompasses economic, legal, ethical, and voluntary actions. Defined in 1983 by Carroll, it focuses on integrating social and environmental responsibility into business operations.

The European Commission's definition of CSR emphasizes businesses voluntarily integrating social and environmental concerns into their operations and stakeholder interactions.

The Asian view of CSR emphasizes balancing economic, social, and environmental sustainability while considering the needs of various stakeholders.

According to the ISO, social responsibility is about an organization's commitment to transparent and ethical behavior, ensuring decisions and activities have a positive impact on society and the environment.

The UN Global Compact is a global initiative, involving over 10,000 participants, promoting corporate citizenship and sustainability.

The UN Global Compact aims to mainstream ten universally accepted principles across various industries, covering human rights, labor, environment, and anti-corruption.

The UN Global Compact not only promotes these principles but also catalyzes action to support broader UN goals, such as the Sustainable Development Goals (SDGs).

The UN Global Compact involves various social actors: businesses, governments, labor, civil society organizations, and the UN itself.

A global certification program that recognizes and rewards sustainable fishing practices, influencing consumer choices and promoting sustainable seafood markets.

A certification scheme that recognizes and rewards companies and organizations for their environmental performance. It encourages continuous environmental improvement.

A comprehensive system for managing farms and producing food, emphasizing environmental practices, biodiversity, natural resource preservation, and high animal welfare standards.

A system that assesses and recognizes sustainability performance in buildings, addressing multiple areas like energy efficiency, water conservation, material selection, and indoor environmental quality.

A leading global sustainability assessment method used for master planning, infrastructure, and buildings. It assesses and acknowledges the value of high-performing assets throughout their lifecycle.

A global organization that sets sustainability standards for travel and tourism. These standards are used for education, policy-making, and certification.

A global standard for sustainable accommodation establishments. It covers environmental, social, and economic requirements for hotels, regardless of their size or location.

Promoting sustainable practices in hotels and accommodations, covering sustainability planning, community benefits, cultural heritage preservation, and environmental impact reduction.

A structured approach for hospitality businesses to manage their environmental, social, and economic impacts.

This aspect addresses the hotel's preparedness and response to natural disasters and other environmental emergencies.

This includes minimizing the impact on natural habitats, protecting biodiversity, and considering the use of local flora and fauna in landscaping.

This refers to the impact of the hotel's construction and architecture on the local community and environment.

This involves managing waste, water, and energy consumption efficiently and sustainably.

This involves understanding and engaging with local communities, focusing on providing fair working conditions and promoting employee well-being.

This explores the hotel's financial stability, its ability to generate profits, and its commitment to providing quality guest experiences.

This includes ensuring the safety and well-being of guests and employees, implementing proper hygiene standards, and complying with relevant safety regulations.

A specific set of rules or principles that guide a company's behavior and decision-making.

A structured system for managing social, environmental, and economic performance, often audited by a third party.

An organization that promotes sustainability, offering guidelines for reporting on a company's environmental, social, and governance performance.

A method for achieving certain results, managed by a third party, used across different industries and regions.

Individuals or groups that have a stake in a company, such as customers, employees, suppliers, investors, and communities.

The act of actively engaging with stakeholders to understand their needs, concerns, and expectations.

Symbols that represent the achievement of certain principles or results, such as environmental or fair trade certifications.

A company's reputation, image, and credibility in the eyes of its stakeholders.

Advantages that a company gains in the marketplace through ethical and responsible practices, such as customer loyalty or reduced risk.

The benefits of engaging in CSR, including enhanced reputation, brand image, and legitimacy.

Concerns that stakeholders have about a company's actions or policies.

The process of identifying and understanding the needs and expectations of stakeholders.

The practice of building relationships with stakeholders through dialogue, communication, and collaboration.

The act of a company implementing CSR principles and practices to create a positive impact on society and the environment.

The act of a company measuring and reporting on its CSR performance to stakeholders.