Lecture 6 Flashcards
(11 cards)
What does it mean to be future-proof?
It means that the company is acting in a way that does not jeopardize the environment we will need in the future.
What did Brundtland say in his report about sustainability?
Brundtland said that sustainability is the development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
What are the three pillars of sustainability?
Economic, social, and environmental.
What is the anthropocentric view on nature? Does nature have moral standing?
In this view, nature does not have moral standing on its own, but it has value because it is useful to us, to humans.
What does the Consequentialist approach say about the question: Does the environment have a moral standing?
Based on the Consequentialist approach, the environment doesn’t have moral standing on its own, and sustainability is only good because it generates desirable consequences.
What does the Utilitarian view say about the question: Does the environment have a moral standing?
It says that only beings capable of feeling pleasure and pain have moral standing.
What are the three main views on whether the environment has moral standing?
The anthropocentric view, the utilitarian view, and the deep ecology or holistic view.
What does the holistic view say about the question: Does the environment have a moral standing?
It says that the environment has intrinsic or inherent value regardless of its usefulness to humans or other beings and their needs.
What is weak sustainability?
Weak sustainability says that natural capital can be substituted by human-made capital as long as the total capital remains constant or grows.
What is strong sustainability?
Strong sustainability says that certain types of natural capital are non-substitutable and must be preserved.
Is sustainability compatible with and can it drive economic growth?
Yes, it is. If a company becomes four times as energy efficient, it can produce twice as much with half the resources.
