Companies are responsible only for making money for their investors. Therefore, they should not be held accountable for the environmental and social costs of their business activity to society as a whole. Businesses should do no more than concentrate on making profit. To what extent do you agree or disagree with this opinion?

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From a strictly capitalist point of view, companies exist simply to make profits and there are
businesses
that focus on
this
aim regardless of social or environmental consequences. In
this
essay, I will discuss why
such
an approach to business is not only irresponsible but may be self-defeating, in that
firms
who continuously ignore
such
factors may even be harming their profits. First of all, from a business point of view, public awareness of green issues is at an all-time high, and
firms
that are seen as working hard to restrict pollution and encourage recycling are often looked on more favourably by consumers.
Therefore
being environmentally friendly is not only better for the planet, it could
also
give companies an advantage over competitors.
In addition
, in many countries, there are government incentives for companies to lessen their environmental impact.
For example
, the introduction of carbon credits means that
firms
can protect the environment and receive tax credits in return, so clearly, there are
also
economic rewards to being environmentally friendly. Equally,
businesses
that disregard public opinion or engage in socially irresponsible practices do so at great risk. They may find themselves subject to strikes and boycotts of their products, and
firms
that continuously provoke negative social reactions may eventually be barred from trading within certain markets.
On the other hand
, those
businesses
that work hard to maintain public trust are more likely to experience increased sales, leading to more revenue. In summary,
businesses
should not be blinded by profits. They need to remember that they are subject to the will of the public on issues
such
as the environment and their social stance. If they want to succeed, these factors should not be ignored and, properly managed, could even help boost revenues.
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coherence cohesion
Ensure that each main body paragraph contains a clear central idea that is expanded upon, avoiding overly broad statements.
task achievement
Develop arguments comprehensively within paragraphs, and strive for depth rather than breadth within the essay.
coherence cohesion
Use a wider range of linking devices to create smoother transitions between ideas and paragraphs, enhancing the overall readability.
task achievement
Support arguments with specific details and examples for a stronger impact and to clearly illustrate points.

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To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

  • Paragraph 1 - Introduction
    • Sentence 1 - Background statement
    • Sentence 2 - Detailed background statement
    • Sentence 3 - Thesis
    • Sentence 4 - Outline sentence
  • Paragraph 2 - First supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 3 - Second supporting paragraph
    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
  • Paragraph 4 - Conclusion
    • Sentence 1 - Summary
    • Sentence 2 - Restatement of thesis
    • Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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Topic Vocabulary:
  • shareholders
  • wider communities
  • long-term detriments
  • ethical practices
  • sustainable practices
  • social welfare programs
  • brand image
  • customer loyalty
  • corporate social responsibility (CSR)
  • sustainable growth
  • government regulations
  • consumer pressure
  • environmental and social accountability
  • business models
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