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Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. [ 1]
The term bioethics ( Greek bios, "life"; ethos, "moral nature, behavior" [ 1]) was coined in 1927 by Fritz Jahr in an article about a "bioethical imperative" regarding the use of animals and plants in scientific research. [ 2] In 1970, the American biochemist, and oncologist Van Rensselaer Potter used the term to describe the relationship ...
Robin William's established what he believed encompassed the 9 core values that drove the American individuals in 1970 before adding 3 more in 1975. He presented them in this manner: Equal opportunity, achievement and success, material comfort, activity and work, practicality and efficiency, progress, science, democracy and enterprise and ...
Integrity is the quality of being honest and showing a consistent and uncompromising adherence to strong moral and ethical principles and values. [ 1][ 2] In ethics, integrity is regarded as the honesty and truthfulness or earnestness of one's actions. Integrity can stand in opposition to hypocrisy. [ 3] It regards internal consistency as a ...
McKinsey & Company released its first marginal abatement cost (MAC) curve for greenhouse gas emissions in February 2007, which was updated to version two in January 2009. [127] [128] McKinsey & Company's MAC curve has become the most widely used [129] and is the basis for McKinsey's consulting on climate change and sustainability. [130]
v. t. e. Environmental, social, and governance ( ESG) is shorthand for an investing principle that prioritizes environmental issues, social issues, and corporate governance. [ 1] Investing with ESG considerations is sometimes referred to as responsible investing or, in more proactive cases, impact investing. [ 1]
Value theory. In ethics and the social sciences, value theory involves various approaches that examine how, why, and to what degree humans value things and whether the object or subject of valuing is a person, idea, object, or anything else. Within philosophy, it is also known as ethics or axiology. Traditionally, philosophical investigations ...
Corporate social responsibility. Employees of a leasing firm taking time off their regular jobs to build a house for Habitat for Humanity, a non-profit that builds homes for needy families using volunteers. Corporate social responsibility ( CSR) or corporate social impact is a form of international private business self-regulation [ 1] which ...