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There are numerous ethical issues associated with the methodological approach of development economics, i.e. the randomised field experiment, many of which are morally equivocal. For example, randomisation advantages some cases and disadvantages others, which is rational under statistical assumptions and a deontological moral issue simultaneously.
The evidence toward a relationship between consideration for ESG issues and financial performance is becoming greater and the combination of fiduciary duty and a wide recognition of the necessity of the sustainability of investments in the long term has meant that environmental social and corporate governance concerns are now becoming ...
Environmental ethics exerts influence on a large range of disciplines including environmental law, environmental sociology, ecotheology, ecological economics, ecology and environmental geography. There are many ethical decisions that human beings make with respect to the environment. These decision raise numerous questions. For example:
Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. [2] [1] Sustainability usually has three dimensions (or pillars): environmental, economic, and social. [1] Many definitions emphasize the environmental dimension.
Climate change has become a concern for a number of disciplines due to its potentially catastrophic impacts on environmental systems, wildlife, nature, and humans.Climate change poses a serious threat to the global economy as economic development, especially in the West, has been largely dependent on the extraction and burning of fossil fuels since the Industrial Revolution. [5]
Social responsibility is an individual responsibility that involves a balance between the economy and the ecosystem one lives within, [3] and possible trade-offs between economic development, and the welfare of society and the environment. [4]
First, mainstream sustainability is a conservative approach on both economic and political terms. Second, progressive sustainability is an economically conservative, yet politically reformist approach. Under this framing, sustainable development is still centered on economic growth, which is deemed compatible with environmental sustainability.
During this time, socially concerned investors increasingly sought to address equality for women, civil rights, and labor issues. Economic development projects started or managed by Martin Luther King, such as the Montgomery bus boycott and the Operation Breadbasket Project in Chicago, established the early model for socially responsible ...