Chapter 14 Prepared by Deborah Baker Texas Christian University Chapter 14-1 THE NATURAL ENVIRONMENT as STAKEHOLDER BUSINESS & SOCIETY Ethics and Stakeholder Management Carroll & Buchholtz 6e Business and Society: Ethics and Stakeholder Management, 6e • Carroll & Buchholtz Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved Chapter 14 Outcomes 1. Discuss why natural environmental issues are complex. 2. 3. Describe eight major natural environment issues. 4. Discuss the roles that business and government play in environmental issues. 5. Explain the concept of environmental ethics. Chapter 14-2 Describe the causes of the NIMBY environmental problem. Chapter 14 Outline A Brief Introduction to the Natural Environment Impact of Business on the Natural Environment Natural Environmental Issues Responsibility for Environmental Issues The Role of Governments in Environmental Issues Other Environmental Stakeholders Business Environmentalism The Future of Business Summary Chapter 14-3 Introduction to Chapter 14 Environment Cycle Carrying Capacity Threshold Entropy Important Environmental Terms Pollution Ecosystem Irreversibility Niche Sustainability Chapter 14-4 Strategic Environmental Management Chapter 14-5 Selected Key Terms acid rain air pollution CERES Principles Clean Air Act Clean Water Act cost-benefit analysis deforestation Chapter 14-6 ecoterrorists emissions trading Endangered Species Act energy inefficiency environment environmental impact statements Environmental Protection Agency (EPA) Selected Key Terms (continued) green values greenhouse effect indoor air pollution ISO 14000 Montreal Protocol Not in My Back Yard (NIMBY) ozone Chapter 14-7 Strategic Environmental Management (SEM) Superfund toxic substance Toxic Substances Control Act tragedy of the commons triple bottom line (TBL)