Sustainability and Social Justice

SUSTAINABILITY AND SOCIAL JUSTICE 1

  1. What is the connection between sustainability and ethics?

The connection between sustainability and ethics is intricate. Theethical behaviors contribute to sustainability. People ethicalbehaviors drive people to meet their needs while minding thegeneration that will be there in future. Therefore, without ethicalconsiderations, it is possible to compromise the ability of thefuture generation meet their needs since people would be seeking tomaximize their means in the most unethical ways.

  1. Is sustainable the same as ethical?

Ethical is not the same as sustainability. However, ethics is primarydrivers for sustainability. It is through the practice of ethics thatthe various aspects of the environment, social and economic arenaperpetuates to the next generation without being overly strained.Therefore, ethics cannot be interchanged for sustainability it isthe primary factor that upholds sustainability.

  1. What is globalization? And to what extent are you connected to everyone?

Globalization is the incubation of a mindset to unite harmoniouslydiverse ideologies, beliefs, and faith. The extent to which we areconnected to each is so intense that in any other than in other timein history. We can now reach the outside world, and it can also reachus.

  1. Who is critical of it?

There are various criticisms of the effects of globalization. Thesocial stratification continues to get intense with the gap betweenthe rich and the poor widening. There is also a competition forglobal power and politics, weak regulations and vulnerable poor.Environmentalists are also critical to the effects on theenvironment. Some local cultures are also on the verge of beingcommercialized due to the access that people have different cultures.

  1. What is social justice? Why?

Environmental consciousness is the ability of the world’spopulation to enjoy and exploit the right to improve their standardsof living in an important that surpass the capacity of the rich tocontinue with their affluent lifestyles. Universal consciousness inimportant especially in the current world where the gap between therich and the poor continues to widen. It will help to dispel thetendency of maintaining the wealth of the affluent by neglecting thepoor.

  1. What are some of the ethical issues surrounding globalization and social justice?

Some of the ethical issues surrounding globalization and socialjustice include the detrimental effects on the environment and itssustainability. They include increased levels of ocean pollution andendangering of some animals species as a result of interfering withthe natural environment. There is also increased levels of carbonemissions that contribute to global warming, deforestation the use fgenetically modified farming techniques, brown megacities,environmental injustice and eco-terrorism.

  1. What are some of the ethical issues?

The critical issues of concern as a result of globalization andsocial injustice include irresponsible dumping at habitable sitesthat poison the environment. There is also the extinction of variousplant and animal species at a higher rate than trough the naturalprocess. The human perpetrated extinction takes an average of twentyminutes for one species while it would take 1000 years if it occurrednaturally. The world temperature continues to rise due to the carbonemissions. The global ecosystem is under stress with the populationexploiting the resources 25 times faster than nature can replenishthe. These are great threats to the global sustainability.

  1. In developing nations, are unsafe and unhealthy sweatshop jobs better than the alternatives of child prostitution and starvation?

In developing countries, the unsafe and unhealthy sweatshops arebetter than the alternatives of child prostitution and starvation.The widening gap between the rich and the poor contributes to poorpay and deplorable working conditions in low-income countries. Thesupply of labor is very high, and this contributes to the presence ofsweatshops. The few coins that people earn in the sweat shops areworth than opting to starve. Furthermore, there are very fewalternatives to well-paying jobs with healthy working conditions.

  1. Making Money and Growing Poor – Are we tracking the appropriate indicators?

The amount of wealth in the world is increasing significantly.However, the use of poor indicators may proof that the economicstandards of the worst are increasing while in the real sense most ofthe people are becoming poorer by the day. Indicators like GDP andFinancial assets may not show the actual condition of the biggestpopulation. The number of billionaires has increased fourfold whilethe number of millionaires has doubled in the last ten year. However,the wealth controlled by few individuals is exorbitantly greatcompared to the combined wealth of the majority who are poor. Thepurchasing of luxury commodities in the developed countries amountsto billion while billions live without clean water. A fraction of thelucrative spending could solve the problem of water shortagecompletely.

  1. What Is the Root Cause of Environmental Problems?

The major cause of the environmental problems is reductionistthinking whereby individuals believe that they can understand complexsystems by reducing the system to individual parts. In theenvironment, people exploit the different components of theenvironment without concentrating on their interdependence. Forexample, production is important but it emits harmful gasses into theenvironment.

  1. Who Is Responsible for Solving These Problems?

To reverse the trend of environmental degradation, all stakeholdersmust work as in the reductionist thinking by acting responsibly intheir area of profession. The war against environmental degradationcannot be a duty of a single institution, but it should bringeveryone exploiting any natural resource.

  1. Find an example of a company who uses sustainability to attract &amp retain great people

The Rethink Group based I the United Kingdom is an example of acompany with a strong corporate social responsibility. He Company isa certified carbon neutral company by following the guidelines ofenvironmental conservation. In doing so, the company enjoys a goodpublic image to its customers.

13. What are the ethical issues related to the recent/currentfinancial crisis?

Some of the ethical issues related to the current financial crisisacross the globe include the tendency of the globe to remainfinancial-centered. It has contributed to people furthering theirfinancial interest without minding the effects of their actions tothe people and the environment.

14. What are some of the ethical challenges and conflicts of interestin the accounting profession?

There is an ethical issue surrounding the current accountingprofession about the trend taken by the current world. Accountants donot take up the responsibility of advising people on their ignoranceon the natural capital. The notion that a country’s income wouldnot b affected even after exhausting the natural resources is athreat to the sustainability of the environment. The accountingprofessionals should foresee this by thinking beyond the monetaryarena and include the effects of production activities on theenvironment and the future generation.

15. Do investors have a responsibility to invest in more ‘ethical’companies?

Investors have a responsibility to invest in companies that are moreethical since such practices that contribute to sustainability.Investing in ethical companies will control the rate of resourceexploitation to give nature a chance to replenish them for acontinued ability to support life. If they want their ventures toflourish, then they must understand that they cannot be successful ina failed world.

16. What does integrity in corporate governance involve?

Integrity in corporate governance is a primary principle. Integrityinvolves inclining to what is true and honest. Corporate governancewith integrity will result in a company that follows the regulationsprovided by the control bodies. Integrity strengthens ethicalconsiderations, and the management of a company works towardssustainability.