Topic Five (1.5): Environmental Influences
Introduction
In this topic you will learn how environmental issues and stakeholders’ use of environmental audits influence a business’s decision-making process regarding sustainability and its strategy.
Read and Make Notes
Read pages 90 to 93 in Chapter 6 of your textbook and make notes under the following headings:
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- Environmental influences on business activity;
- How environmental issues influence business behaviour;
- Environmental audits;
- How stakeholders may use environmental audits;
- Evaluation of environmental audits;
- Sustainability and business decisions.
Tasks
Now explore the following resources and add to your notes:
WATCH – Environmental Legislation and Business (tutor2u) Links to an external site.
Activities in the Book
- Complete Activities 6.11 and 6.12 in Chapter 6 of your textbook.
- Suggested answers can be found in the digital textbook and in General Resources.
Consolidate
The following video will help draw together what you have learnt so far. Watch it and add to your notes:
WATCH – What is Corporate Sustainability? (YouTube) Links to an external site.
Reflect
- Draw up a table like the one on page 96 of the textbook and complete the self-evaluation.
- If there are any areas about which you are unsure, please go back over your notes, the textbook and the resources listed in this topic before moving on.
Terminology
- Write down (in your own words) definitions of all the key terms from Chapter 6 (pages 90 to 93).
- Tick off these terms on your glossary.
- A helpful tip is to make flashcards for key terms as you go along, with the word on one side and the definition on the other. This makes revision later on much easier.