Terms & abbreviations
Сause and effect
Quotations
Some CSR Trivia
100
What does ESG stand for?
ENVIRONMENTAL, SOCIAL and GOVERNANCE
ESG is a way of judging a company by things other than its financial performance, for example its policies relating to the environment and how happy its employees are
100
Why have many companies started to add the TBL to their business plans?
To evaluate their overall performance and reflect on how companies are contributing to society
100
Who said the following:
'A business that makes nothing but money is a poor kind of business.'
Henry Ford
100
If all the world's inhabitants consumed as many resources as Americans, how many planet Earths would be needed to meet everyone's needs?
Four planets
200
What does CSR mean?
CORPORATE SOCIAL RESPONSIBILITY (CSR)
is a self-regulating business model that helps a company be socially accountable to itself, its stakeholders, and the public.
200
What can biodiversity loss be caused by? Name at least 3 factors.
- Large scale deforestation
- Habitat destruction
- Climate change
- Anthropogenic impacts
200
Who said the statement below:
'There is one and only one social responsibility of business - to increase its profits.'
Milton Friedman
200
Which country is the largest emitter of
?
China
300
What are the 3 P’s in business?
PROFIT, PEOPLE, PLANET
In economics, the triple bottom line (TBL) maintains that companies should commit to focusing as much on SOCIAL and ENVIRONMENTAL concerns as they do on PROFITS.
300
Choose the argument(s) for CSR:
- Recognition of moral obligations by business.
- We need to balance power with responsibility.
- Voluntary actions would prevent government regulations.
- All of the above
All of the above!
300
'Ethics deals with the right actions of Individuals'- Who said this?
P. Drucker
300
What is the term which describes the opportunity for shareholders and potential investors to openly observe companies' financial transactions?
Transparency
400
What is sustainable development?
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
400
Why corporate philanthropy is important?
It improves a company's brand value and reputation, boosts employee engagement, and promotes a healthy work environment.
400
Who is the author of these words:
'It takes 20 years to build a reputation and five minutes to ruin it.'
Benjamin Franklin
400
What % of the world's population lives on less than $1.25 per day?
5%?
10%?
15%?
20-30%?
20-30%
500
What is sustainable consumption?
SC recognizes that global consumption patterns are unsustainable and that consumers will need to change the way they choose, use and dispose of their products.
500
What are the possible results of employee empowerment?
Research has regularly demonstrated that when employees feel empowered at work, it is associated with stronger job performance, job satisfaction, and commitment to the organization.
500
Who said this?
'We make a living by what we get, but we make a life by what we give.'
Winston Churchill
500
The global population is predicted to grow to *** by 2050:
5 billion?
7 billion?
9 billion?
15 billion?
9 billion