Business Ethics
When formulating key factors of what make up a successful business, what most people fail to take into account is the importance of corporate ethics. The common stereotype that comes along with starting a business is that the sole incentive is making money. However, I have to disagree. As western culture continues to grow, there has been a rise in sustainability and non-profit organizations. A prime example would be an initiative that I am currently involved in, Down to the Last Straw. It is a campaign to end the use of plastic straws, and other plastic cutlery. Organizations such as these should be examples for future leaders regarding the importance of putting principle before profit. In an article from The Globe and Mail on “How to Become a Social Purpose Leader”, Paul Klein from Impakt argued that companies should edge away from the term “corporate social responsibility” and fully understand the direct social and environmental impact their products have. When looking at companies today, their ability to minimize the use of natural resources and reduce their carbon footprint play a role in their success. More importantly, it is something that is of concern for all stakeholders.
Photo taken during Down To The Last Straw’s Shoreline Clean-up in association with the Vancouver Aquarium. From left to right: Sukhdeep Grewal (volunteer), Monica Dhaliwal (member), Dayah Johal (member), Sargam Saxena (member)
Sharad Khare (member) and family during the Shoreline Clean-up
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