Corporate Duty to Community and Environment

Very Hard Principle Questions Apply Principle

In examining the implications of corporate responsibility, a principle emerges that suggests: Corporations have a duty to act in ways that do not harm the community and the environment, and they should actively seek to enhance the well-being of both. This principle is grounded in ethical expectations that transcend mere profit-making.

Based on this principle, consider the following scenario:

A large manufacturing company has been found to pollute a local river, causing significant harm to the local ecosystem and the health of community members. While the company profits from its operations, health concerns raised by residents indicate that they are suffering from increased illnesses linked to the pollution. Despite the evidence, the company maintains that it adheres to legal standards.

Which of the following actions best aligns with the ethical principle discussed?

The company should invest exclusively in technology to reduce costs, regardless of its environmental impact.

The company should lobby against stricter pollution regulations to safeguard its profits.

The company should publicly acknowledge its impact on the environment and develop a comprehensive plan to remediate the pollution.

The company should focus solely on increasing its market share, leaving environmental concerns to lawmakers.

The company should engage employees in a profit-sharing scheme, motivating them to work harder without addressing pollution issues.

Hint

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