Climate Change And Its Effect On Business - 2149 Words

Intro: This report will aim to define responsible business, in relation to the vast range of topics such as Corporate social Responsibility/Corporate Citizenship, sustainability, whilst comparing these through academia and their different meanings relating to Responsible Business. Furthermore, this report will also aim to critically analyse climate change and its effect in relation to making Business more responsible as well as the drawbacks/opportunities this holds for business. Finally, this report will exploit the relation between government and Business; identify possible barriers for businesses through government via academic views and evidential impacts on businesses and how government supports business to create a more sustainable world, through incentives such as the climate change Act 2008. According to Dahlsrud`s model which focuses on the five identified dimensions, which were concluded from the analysis of 37 defintions relating to CSR which are namely, environmental, social, economic, stakeholder and voluntariness. The PDF article titled, â€Å"How Corporate Social Responsibility is Defined: an Analysis of 37 Definitions†, Dahlsrud concluded that â€Å"the confusion is not so much about how CSR is defined, as about how CSR is socially constructed in a specific context.† (Dahlsrud, 2006) . Thus, Dahslrud suggests CSR is based on the five dimensions in his model which must be applied and carried out by companies for a business to act responsibly and ethically in a socialShow MoreRelatedGlobal Climate Changes And Its Effect On Our Business1786 Words   |  8 Pagesfrom the UK, and internationally such as China and Russia. Therefore, global climate changes give very significant impact on our business: possibly huge losses without proper future planning. 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