“The environment is where
we all meet; where we all have a mutual interest; it is the one thing that all
of us share. It is not only a mirror of ourselves, but a focusing lens on what
we can become...”
-Lady Bird Johnson
The
question of whether or not businesses should take on their social
responsibilities was hotly debated in the late 1880s during the early stages of
industrialization. Today, this debate has given rise to a idea known as
corporate social responsibility (CSR). People realized how crucial it was to
protect the environment as it regulates the air and climate the environment is
significantly impacted by modern industries. Businesses misuse the natural
resources they have access to and release dangerous pollutants, which
accelerate the destruction of existing ecosystems and pose a severe threat to
the planet's biological diversity. Hence it is the need of the hour to protect
the environment from diverse actions which are degrading our natural
environment. Environmental protection is defined as the safeguarding of an
ecosystem's constituent parts from unwelcome natural changes. Recently, there
has been a sharp increase of interest in corporate social responsibility and
individuals are beginning to demand that they should take responsibility for
protecting the environment. A noted author Chris Maser described the
environment in his words, “What we are doing to the forests of the world is but
a mirror reflection of what we are doing to ourselves and one another”. The
goal of the article is to elucidate the nature of the connection between
environmental protection and the cultural, social, economic, ethical, and legal
components of the idea of corporate social responsibility [1].
