8. foundation
9.triple bottom-line
– тройная итоговая строка10. advocacy
advocate
advocate
11. division of labor
– разделение труда12.welfare
13. remediation
remedial
14. template
15. Global Reporting Initiative (GRI)
– глобальная инициатива по отчетности16.ad (advertisement)
– реклама (17. legitimacy
legitimate
18. tax relief
– налоговая скидка, освобождение от уплаты19. union
unionization
unionize
20. environmentally friendly
– экологически дружественный (безопасный)21. credential
22. stewardship
steward
23. corporate citizenship
– социально ответственное поведение корпорацийcorporate citizen
– социально ответственная корпорация24. branding
25. socially responsible investments (SRI)
– социально ответственные инвестиции26. resolution
27.threshold
threshold
28. Dow Jones Sustainability Index (DJSI)
– индекс устойчивости Dow Jones29.fine
fine
30. litigation
litigant
litigate
31. non-governmental organization (NGO)
– неправительственная организация32. morale
33. recycling
recycle
34. cost/benefit analysis
– анализ издержек и прибылиExercise 1. Answer the following questions.
1. What does CSR mean? 2. What is the generally accepted definition of sustainable development and what does it entail in practice? 3. What is the difference between CSR and charity? 4. What is the triple bottom line reporting? 5. What are the key arguments against the triple bottom line reporting? 6. What are the views of CSR critics? 7. What kind of conflict can arise with respect to companies that proclaim their commitment to CSR? 8. What do advocates of CSR say and what are their arguments in favor of this concept? 9. Does it pay to be a good corporate citizen? 10. What do you think is the proper role of business in society?
Exercise 2*. Find terms in the text that match definitions given below and make sentences of your own with each term.
1. anything imposing a moral or legal duty; an agreement that may be enforced by law
2. pertaining to work or operations of a highly delicate, secretive, or precarious nature
3. outside the authority of any one nation or national government
4. the private or public relief of the poor
5. a state or condition of well-being, as of health, happiness or prosperity
6. the proceedings in a suit at law
7. payment exacted as punishment for an offense
8. mental attitude expressing courage, zeal, hope or confidence
Exercise 3. You are a journalist writing for The Economist, and your assignment is to interview BP’s HSE (Health, Safety and Environment) vice president on environmental objectives of the company. Make a dialogue between these two individuals using the following briefing materials.
BP Towards Sustainable Future
Minimizing Emissions