ABSTRACT

Chapter 4 discusses ethical aspects of the organizational level. The chapter defines the concepts of ethical responsibility and business-specific responsibility and introduces two methods for identifying and addressing the business-specific responsibilities of a given company: Ethical Life Cycle Assessment (ELCA) and Ethical Stakeholder Analysis (ESA). The chapter then defines corporate responsibility (CR), introduces the pillar model of CR that encompasses the various responsibilities of a modern business, and develops a method for analyzing and evaluating CR strategies. The chapter further discusses various elements of internal organizational ethics, such as ethical culture; diversity, equity, and inclusion (DEI); and ethics and compliance programs. Finally, environmental, social, and governance (ESG) is introduced as a business ethics instrument that integrates crucial aspects of organizational ethics.