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Glossary

  • Ethics: Principles that guide the behavior of a person or organization, particularly in regards to moral duties and obligations.

  • Social responsibility: The idea that businesses have a responsibility to consider the social and environmental consequences of their actions.

  • Corporate social responsibility (CSR): A type of social responsibility that refers to a company's efforts to operate in an economically, socially, and environmentally responsible manner.

  • Sustainability: The ability to meet the needs of the present without compromising the ability of future generations to meet their own needs.

  • Green marketing: Marketing strategies that focus on the environmental benefits of a product or service.

  • Cause-related marketing: Marketing campaigns that aim to raise awareness or funds for a specific social or environmental cause.

  • Transparency: The willingness to share information openly and honestly, especially about business practices and decisions.

  • Consumer protection: Measures taken to ensure that consumers are treated fairly and are not subjected to fraud or deceptive practices.

  • Privacy: The right of individuals to control the collection, use, and disclosure of their personal information.

  • Discrimination: Treating people unfairly or unfairly favoring one group over another based on characteristics such as race, gender, age, or sexual orientation.