8 Questions
What marked the beginning of environmental degradation with no regulations in place?
The Industrial Revolution
Which event led to devastating smog events in Europe and the US in the 1950s?
Pollution levels reaching an alarming point
What was the purpose of companies moving production to countries with less strict environmental regulations?
To save costs by avoiding strict environmental regulations
What was a significant outcome of the birth of consumerism in the 1960s?
An increase in demand for cheaper products
What did companies adopt to improve their reputation and attract customers?
Implementing Corporate Social Responsibility (CSR) departments
In which decade did sustainability become a core business strategy for some companies?
The 1990s
What did Interface, a carpet tile manufacturer, aim to achieve by 2020?
Taking nothing from the earth and eliminating waste
What led to more environmental degradation as a result of the birth of consumerism?
An increase in demand for cheaper products
Study Notes
- The text is about the journey of sustainable business and how it has evolved over time.
- Sustainability means not using up all resources or creating waste, making life better for people.
- The Industrial Revolution marked the beginning of environmental degradation with no regulations in place.
- Pollution levels reached an alarming point in the 1950s with devastating smog events in Europe and the US.
- The first Clean Air Acts and Clean Water Acts were passed to regulate pollution in the developed world.
- Companies moved production to countries with less strict environmental regulations to save costs.
- Consumerism was born in the 1960s to increase demand for cheaper products, leading to more environmental degradation.
- Companies started to adopt Corporate Social Responsibility (CSR) departments to improve their reputation and attract customers.
- The focus on energy and resource efficiency and eco-friendly practices began as a way to save costs and attract investors.
- Sustainability became a core business strategy for some companies, leading to innovation and market growth.
- Interface, a carpet tile manufacturer, took an ambitious approach to sustainability in the 1990s, aiming to take nothing from the earth by 2020 and eliminating waste.
- The success of companies like Interface demonstrated that sustainability is not just a trend but necessary for the survival of businesses and the planet.
Explore the evolution of sustainable business from the Industrial Revolution to the present day, including key events, regulations, and corporate strategies. Learn about the journey towards environmental responsibility and its impact on businesses and the planet.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
