Ethically lacking corporate decisions since the industrial revolution have snowballing repercussions onto the populations of the world. As technology grows and economics of scale strengthen, the responsibility also grows with both the breadth and depth of the surrounding populations. The breadth and depth refers to the three point demands of sustainability. These three demands of a business are economic, social, and environmental. Due to the straightforward economic necessities, focus on the social and environmental ethical issues is required. The necessity of a sustainability mission statement and realization that sustainability is an ethical issue needs support from the masses in order for changes to occur.
For a stool to stand up straight and support itself, a minimum of three legs are required. Just like the long term support of a business, only one or two will eventually topple over and cause havoc of those involved. Ecological and social responsibility cannot be avoided or forgotten. “Sustainability is about ethics. It calls on us not only to consider the condition of those less fortunate that us who share the planet but also the potential condition of future populations who cannot participate in our decision-making process” (Kibert 17). Kibert elaborates that the moral standards that a business must abide by has affect not only now but in the future. Social responsibilities of a business need to be a part of every mission statement so that the business can thrive in the foundation that it built for itself. For example, instances of factories taking advantage of the workforce with dangerously low wages and working standards eventually lead to an uproar or collapse of the effectiveness of the workforce.
International firms need to understand that just because environmental laws may be lax in another country, the unethical actions smog, literally and figuratively, the same world. Ethical business decisions need to take into
Cited: Eweje, Gabriel, and Martin Perry. Business and Sustainability: Concepts, Strategies and Changes. Bingley, UK: Emerald Group Pub., 2011. Print. Kibert, Charles J. Working toward Sustainability. Hoboken, NJ: Wiley, 2012. Print. McElroy, Mark W., and Jo Van. Engelen. Corporate Sustainability Management: The Art and Science of Managing Non-financial Performance. London: Earthscan, 2012. Print.