Corporate Social Responsibility & Ethical Standards Flashcards

Which ethical framework judges the morality of an action based solely on its consequences and outcomes?

Answer: Consequentialism

Consequentialism evaluates actions by their outcomes, making the ends central to moral judgment.

A company discloses only positive ESG metrics while omitting material negative data. This practice is best described as:

Answer: Greenwashing

Greenwashing encompasses misleading sustainability disclosures, including selective omission of negative performance data.

Under the UN Guiding Principles on Business and Human Rights, which pillar requires companies to conduct human rights due diligence?

Answer: Respect

The 'Respect' pillar assigns companies the responsibility to avoid infringing human rights through due diligence processes.

Which of the following best defines 'ethical sourcing' in a CSR context?

Answer: Procuring goods from suppliers who meet defined labor, environmental, and human rights standards

Ethical sourcing ensures that supply chain partners adhere to acceptable labor, environmental, and human rights standards.

The concept of 'license to operate' in CSR refers to:

Answer: Informal social acceptance granted by communities and stakeholders

A social license to operate is the ongoing acceptance by communities and stakeholders that a company has earned through responsible conduct.

Which reporting standard is specifically designed for supply chain sustainability disclosure?

Answer: CDP Supply Chain Program

The CDP Supply Chain Program enables companies to request environmental data from their suppliers in a standardized format.

A whistleblower policy is a CSR best practice primarily because it:

Answer: Provides a safe channel for reporting unethical behavior without retaliation fear

Effective whistleblower policies encourage internal reporting of misconduct by protecting employees from retaliation.