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Corporate Social Responsibility and Environmental Initiatives

頻出~35 min7 terms9 past questions

Goals of this unit

  • Explain how CSR relates to Socially Responsible Investment (SRI).
  • Explain how wide a range of parties counts as stakeholders, and what goals the SDGs set out.
  • Explain the two sides of Green IT and what a carbon footprint measures.
Terms at a glance (7)
TermIn one lineTypeWho acts, and for what
CSRThe idea that a company should meet its responsibilities to society and the environment, not just pursue profitIdeaA company meets its social and environmental responsibilities
社会的責任投資A way of choosing investments that also weighs a company's social and environmental effortsInvestment methodInvestors choose where to invest
SRIThe English abbreviation for Socially Responsible InvestmentAbbreviationSame as Socially Responsible Investment
ステークホルダA collective term for everyone whose interests are tied to a company's activitiesRelated partiesThose a company is responsible to
SDGsSustainable development goals adopted by the United Nations, to be met by 2030International goalsShared by countries, companies and individuals
グリーンITThe idea and practice of reducing environmental impact through ITPracticeReduces environmental impact through IT equipment and how IT is used
カーボンフットプリントAn indicator showing, as an amount of CO2, the greenhouse gases a product emits over its whole lifeIndicatorMeasures emissions and makes them visible

Terms

CSRCSR (Corporate Social Responsibility)

Open in glossary CSR

CSR (Corporate Social Responsibility, 企業の社会的責任) is the idea that a company should not only pursue profit but also meet its responsibilities to society and the environment.

  • Examples of responsibilities a company meets under CSR
    • Obey laws and rules
    • Reduce environmental impact
    • Respect human rights and workers
    • Contribute to the local community

CSR stands for Corporate Social Responsibility, and what it asks of a company goes beyond legal compliance to cover environmental protection, respect for human rights, contributions to the local area and more. The company is responsible not only to its shareholders but to everyone involved in its activities (the stakeholders covered later).

AnalogyIt is like a neighborhood bakery that does more than sell good bread: it sweeps the sidewalk out front, tries to waste less unsold bread, and aims to stay in business for years as part of the community.

How to rememberC is for Corporate and SR for Social Responsibility. Drop the leading C and the remaining SR shows up again in SRI.

Exam points

  • ExamCSR (企業の社会的責任) is the idea that responding to what society and the environment expect of a company, in addition to pursuing profit, raises the company's value.
  • ExamCSR activities are not limited to donations; they also include work done through the core business, such as making environmentally friendly products or putting knowledge gained in the business to use for the local community.
  • ExamISO 26000 is an international standard that guides all kinds of organizations, companies included, in meeting their social responsibilities, while CSR is the term for the social responsibility that a company in particular bears.

2 past questions on this term CSR

社会的責任投資Socially Responsible Investment

Open in glossary 社会的責任投資

Socially Responsible Investment (社会的責任投資) is a way of investing that evaluates how a company meets its social and environmental responsibilities, in addition to its business results and finances, when choosing where to invest.

Investors look at a company's efforts on environmental protection, human rights, legal compliance and similar issues, in addition to its expected profitability. When money flows to responsible companies, companies gain a reason to take their social responsibilities seriously.

AnalogyJust as you might pick an employer not only for the salary but also for its working conditions and its stance toward society, you choose where to entrust your money by the company's stance as well.

Exam points

  • Mix-upSocially Responsible Investment (社会的責任投資) is a method by which investors who provide the money choose where to invest, so its actor differs from that of CSR (企業の社会的責任), the idea of responsibility a company bears itself.

1 past questions on this term 社会的責任投資

CSR (Corporate Social Responsibility) vs. Socially Responsible Investment

AspectCSR (Corporate Social Responsibility)Socially Responsible Investment
Key differenceActorCompanyInvestors who provide the money
What it doesMeets social and environmental responsibilities in its businessChooses investments by evaluating responsible practices
How they relateThe efforts being evaluatedHow the evaluating side makes its choice

SRISRI (Socially Responsible Investment)

Open in glossary SRI

SRI is formed from the initials of Socially Responsible Investment and is the English abbreviation for Socially Responsible Investment (社会的責任投資).

It means exactly the same thing as Socially Responsible Investment; only the name differs. Japanese texts also often use the abbreviation SRI as is.

How to rememberLike CSR, it contains SR (Social Responsibility), and the final I stands for Investment.

ステークホルダStakeholder

Open in glossary ステークホルダ

Stakeholder (ステークホルダ) is a collective term for the interested parties who are affected by a company's activities or who affect the company.

  • Examples of a company's stakeholders
    • Shareholders
    • Employees
    • Customers
    • Business partners
    • Local community
    • Government

Besides shareholders, they include employees, customers, business partners, the local community, government bodies and others. Under CSR, a company is responsible to all of these stakeholders.

AnalogyWhen a neighborhood festival is held, everyone affected becomes a party to it: not just the organizers, but the stall holders, the residents who join in, and even the nearby homes that can hear the noise.

How to rememberRead it as someone who holds a stake (an interest, or a bet), that is, someone who has something riding on how the company fares.

Exam points

  • Mix-upShareholders (stockholders, ストックホルダ) are only part of the stakeholders (ステークホルダ), a wider group that extends to employees and the local community.

SDGsSDGs (Sustainable Development Goals)

Open in glossary SDGs

The SDGs (持続可能な開発目標) are the Sustainable Development Goals, adopted by the United Nations in 2015 with a deadline of 2030.

  • Examples of issues the SDG goals address
    • Society
      • End poverty and hunger
      • Quality education
      • Gender equality
    • Economy
      • Decent work and economic growth
      • Industry and innovation
    • Environment
      • Climate action
      • Protect life below water and on land

The SDGs are divided into 17 goals covering issues that span society, the economy and the environment, such as ending poverty and tackling climate change. Companies and individuals, not only countries and international organizations, are expected to take part, so the goals also give companies a guide for shaping their social responsibility.

AnalogyLike a term goal sheet the whole class agreed on, countries, companies and individuals all look at the same items and work on them from their own positions.

How to rememberIt is formed from the initials of Sustainable Development Goals, and the lowercase s at the end shows that Goals is plural (there are 17).

Exam points

  • ExamThe SDGs (持続可能な開発目標) are international development goals adopted by the United Nations, with 2030 as the deadline for reaching them.
  • ExamThe SDGs consist of 17 goals and aim to build a sustainable world.

1 past questions on this term SDGs

Green IT (グリーンIT) is the idea of reducing environmental impact from two sides: making IT equipment itself save energy and resources, and using IT to save energy and resources across society as a whole.

SideWhat it reducesExamples
Make IT itself greenerPower and resources used by equipmentSwitching to low-power servers, cooling data centers more efficiently
Use IT to reduce society's impactTravel of people and goods, use of paper and the likeCutting business trips with web meetings, cutting commutes with remote work

The first side cuts the power that equipment consumes and the resources that go into its parts, while the second uses IT to cut the travel of people and goods and the use of paper and similar materials. It can be seen as putting the environmental part of CSR into practice in the field of IT.

AnalogyIt covers both replacing home appliances with energy-saving models and using appliances wisely to cut the whole household's electricity and gas use.

How to rememberGreen is the color of environmental protection, so the term reads as IT with an environmental viewpoint added.

Exam points

  • ExamGreen IT (グリーンIT) goes beyond energy-saving equipment and also covers using IT to promote energy saving and environmental protection across society.
  • ExamSaving resources by changing how IT is used, as in going paperless (ペーパーレス化) to cut paper consumption, is also part of Green IT.

2 past questions on this term グリーンIT

カーボンフットプリントCarbon Footprint

Open in glossary カーボンフットプリント

A carbon footprint (カーボンフットプリント) is an indicator that converts the greenhouse gases a product or service emits over its whole life (its life cycle), from sourcing raw materials to disposal, into an amount of CO2.

  1. Sourcing raw materials
  2. Production
  3. Distribution and use
  4. Disposal and recycling

Adding everything up through disposal and recycling and converting it into an amount of CO2 gives the carbon footprint.

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The emissions from each stage are added into a single figure and made visible, for example by printing it on the product. Consumers can use it as a guide to choose products with a smaller environmental impact, and companies can use it to find the stages that emit the most and cut them.

AnalogyLike a nutrition label on food, it is a label that shows in numbers how much greenhouse gas the product emits over its life.

How to rememberA footprint is the mark a foot leaves behind. Read it as the carbon footprints a product leaves along its path from creation to disposal.

Exam points

  • Mix-upA carbon footprint (カーボンフットプリント) is an indicator that measures and shows emissions, so its role differs from that of Green IT (グリーンIT), which is itself an effort to reduce environmental impact.

Green IT vs. Carbon Footprint

AspectGreen ITCarbon Footprint
Key differenceNatureAn idea and practice for reducing environmental impactAn indicator that measures and shows emissions
ScopeIT equipment and how IT is usedThe whole life cycle of a product or service
How it is expressedBy what is doneAs an amount converted to CO2

Key points

  • CSR is the idea that meeting responsibilities to society and the environment, not just pursuing profit, raises a company's value, and those responsibilities are owed to all stakeholders.
  • Socially Responsible Investment (abbreviated SRI) is a way of choosing investments that also weighs social and environmental efforts.
  • The SDGs are development goals adopted by the United Nations, made up of 17 goals with a deadline of 2030.
  • Green IT reduces environmental impact from two sides: saving energy and resources in IT itself and using IT to save energy and resources across society.
  • A carbon footprint shows the greenhouse gases a product emits over its whole life cycle, converted into an amount of CO2.

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