GEF

Unit 1  |  Introduction to Sustainability 24 Corporate sustainability leaders create this added value through strategies and policies that harness the market’s potential for sustainable products and services, while at the same time successfully reducing and avoiding the costs and risks of sustainability initiatives. Corporate Social Responsibility (CSR) , refers to business operations that account for the social and environmental impact of the business. CSR initiatives include measuring environmental impacts, implementing responsible purchasing policies, and instilling strong governance and ethics in both operations and office culture. Some companies actually use a management strategy called shared value , which allows them to identify business opportunities in social problems. CORPORATE SOCIAL RESPONSIBILITY A form of corporate self-reg- ulation in which businesses strive to meet environmen- tal or social goals beyond their primary mission to earn profits. SHARED VALUE A business management strategy in which companies find business opportunities in social problems. WATCH & LEARN http://bit.ly/2rOvT1z Watch the video and respond to the questions below. 1. Name three animals you saw on the video. 2. With a partner discuss what you think “deforestation” means, then look up the definition and write it down. 3. What are some possible reasons why deforestation is claiming the homes of the animals in the video? video: Endangered Species