📝 One-liners · 66 cards
Environmental Ethics
What is the most ethically sound approach for a bank considering financing a coal-fired power plant?
Conduct a comprehensive environmental and social impact assessment, engage stakeholders, and refuse financing if the project causes significant environmental harm that cannot be mitigated.
How does the Stanford Encyclopedia of Philosophy define environmental ethics?
The discipline studying moral relationships between humans and the environment.
Why is profit motivation alone insufficient justification for financing environmentally harmful projects?
Environmental ethics in banking requires that profit considerations be weighed against potential environmental harm, and profit alone does not constitute an ethical justification for funding damaging projects.
What is the Pollution Index (PI) score range for the Red category of industries?
Pollution Index score of 60 and above is Red category.
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