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Why Business Firms Have Moral Obligations to Mitigate Climate Change

In: Disciplining the Undisciplined?

Author

Listed:
  • Anne Schwenkenbecher

    (School of Arts, Murdoch University)

Abstract

Without doubt, the global challenges we are currently facing—above all world poverty and climate changeclimate change —require collective solutions: states, national and international organizations, firms and business corporations as well as individuals must work together in order to remedy these problems. In this chapter, I discuss climate change mitigation as a collective action problem from the perspective of moral philosophy. In particular, I address and refute three arguments suggesting that business firms and corporations have no moral duty to reduce greenhouse gas emissionsgreenhouse gas emissions GHGs : (i) that business corporations are not appropriate addressees of moral demands because they are not moral agentsagents , and (ii) that to the extent that they are moral agents their primary moral obligation is to their owners or shareholders, and (iii) the appeal to the difference principle: that individual business corporations cannot really make a significant difference to successful climate change mitigation.

Suggested Citation

  • Anne Schwenkenbecher, 2018. "Why Business Firms Have Moral Obligations to Mitigate Climate Change," CSR, Sustainability, Ethics & Governance, in: Martin Brueckner & Rochelle Spencer & Megan Paull (ed.), Disciplining the Undisciplined?, pages 55-70, Springer.
    • Handle: RePEc:spr:csrchp:978-3-319-71449-3_4
    DOI: 10.1007/978-3-319-71449-3_4
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