Module 5: Ethics

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What is the primary focus of deontological ethics?

The consequences of actions

Moral duties and obligations (correct)

Immediate personal gain

Maximizing overall benefit

In the exam situation described, why does the student refrain from cheating?

To maximize overall benefit

To avoid getting caught

To impress the teacher

To act honestly and with integrity (correct)

What is the main factor considered in a consequentialist approach to ethical decision-making?

The intentions behind an action

The consequences of the action (correct)

Following moral duties

The personal beliefs of the individual

How does consequentialism differ from deontological ethics?

Deontology emphasizes moral obligations, while consequentialism emphasizes overall benefit Signup and view all the answers

What factor plays a significant role in the consequentialist approach to organizing the fundraiser?

Raising money for charity Signup and view all the answers

What legislation addresses pollution control in the Philippines?

Philippine Clean Air Act Signup and view all the answers

In the context of the fundraiser example, which option aligns best with a deontological view?

Hosting an inclusive event accessible to all students Signup and view all the answers

Which act in the Philippines focuses on proper waste disposal?

Philippine Clean Water Act Signup and view all the answers

Which law promotes energy efficiency projects in the Philippines?

Energy Efficiency and Conservation Act Signup and view all the answers

What initiative does the Philippine government encourage private sector participation in to offset carbon emissions?

National Greening Programme Signup and view all the answers

Which act requires large companies to manage plastic packaging waste responsibly in the Philippines?

Extended Producer Responsibility Act Signup and view all the answers

Which standards do labour standards, privacy measures, and human rights standards fall under?

Social standards Signup and view all the answers

What does normative ethics seek to define?

Criteria for judging the morality of behaviors Signup and view all the answers

Which branch of ethics focuses on the methods of moral argumentation?

Metaethics Signup and view all the answers

What is the main role of applied ethics?

Providing recommendations for action Signup and view all the answers

How does normative ethics help distinguish between 'right' and 'wrong'?

By defining criteria for morality Signup and view all the answers

What is the primary focus of metaethics?

Examining moral argumentation methods Signup and view all the answers

What does the E in ESG stand for when evaluating sustainable investments?

Ecological Signup and view all the answers

Which aspect is reflected by diversity and inclusion measures, production safety, and human rights issues in ESG ratings?

Social Signup and view all the answers

What does G stand for in ESG ratings related to a company's ethical standards?

Governance Signup and view all the answers

What aspect of a company can make it particularly sustainable in terms of environmental contributions?

Using environment-friendly technologies Signup and view all the answers

Why are ESG ratings sometimes criticized for lack of transparency?

For being largely based on self-declaration by corporations Signup and view all the answers

What does ESG stand for in relation to evaluating a company's social responsibility?

Environmental Social Governance Signup and view all the answers

What are the three pillars of ESG?

Safety and security management, Water management, Company culture policy Signup and view all the answers

Which standards are most commonly used for ESG reporting by companies?

Global Reporting Initiative GRI Signup and view all the answers

What is the main focus of Corporate Social Responsibility (CSR)?

Ensuring a positive impact on consumers and society Signup and view all the answers

How does the ESG approach differ from the traditional approach towards investments?

ESG considers various aspects like environmental and social impacts Signup and view all the answers

Which recent standards have been launched with higher quality according to the text?

US-based Sustainability Accounting Standard Board SASB Signup and view all the answers

What is the role of ESG as a mainstream approach today?

It involves many investors and focuses on environmental and social aspects Signup and view all the answers