BUSINESS ETHICS & SOCIAL RESPONSIBILITY 5000 words The pandemic has increased awareness of investors for the need to eth

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Business Ethics Social Responsibility 5000 Words The Pandemic Has Increased Awareness Of Investors For The Need To Eth 1 (100.93 KiB) Viewed 9 times

BUSINESS ETHICS & SOCIAL RESPONSIBILITY 5000 words The pandemic has increased awareness of investors for the need to ethically invest in companies with better ESG rankings; statistics have shown that ESG companies worldwide with higher ESG rankings have fared better while coping with pandemic issues. In the wake of this increasing ESG ranking sentiment among investors, PwC Malaysia and Capital Markets Malaysia has released a research publication titled 'Positioning Corporate Malaysia for a sustainable future. This publication highlights that the capital market is in a unique position to drive meaningful change in sustainability practices in public listed companies. The publication explores efforts made by the government and regulatory bodies in Malaysia in laying the foundation to catalyze action to incorporate ESG initiatives in companies. Question Discuss the role of ESG practices in the environmental and social improvement of Malaysian companies to improve the overall quality of life and spur an ethically yet profitable business landscape in Malaysia. This assessment item is designed to allow you to: demonstrate your capacity to understand the businesses and ethical issues, and to apply ethical theory to assist you to evaluate ethics pertaining to businesses; and demonstrate generic skills such as effective communication, critical and reflective judgement, and analytical and time management skills. • allow you to develop generic skills such as effective communication, analytical skills. critical and reflective judgement, and effective time management; • assist you to gather and integrate knowledge on major approaches to ethics; • assist you develop your learning through application of the philosophies covered thus far in the subject; and • allows you to demonstrate your ability to appreciate the value of ethical practice.