Some people argue that
companies
are solely responsible for maximising profits for their investors , and they are not accountable for the social and environmental consequences caused by their business activities. In my opinion, I firmly disagree with Use synonyms
this
statement as it imposes a great threat on environmental degradation and social inequality. Linking Words
This
essay will discuss my views with relevant examples.
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To begin
with, business operators hold a significant responsibility in preventing the environmental impacts caused by their activities. Linking Words
That is
to say that if they are not held responsible for their actions, the industrial wastes that are exposed to land, water, and air could cause serious environmental pollution because many factories rely on fossil fuels for their production and supply. Linking Words
As a result
, a higher proportion of gases Linking Words
such
as methane and carbon dioxide will be released to the atmosphere, which causes serious health concerns Linking Words
such
as asthma and respiratory-related problems. Linking Words
For example
, in Bhutan, the land waste that was released by the clothing Linking Words
companies
posed a potential threat to livestock located in the surrounding areas.
Use synonyms
Furthermore
, Linking Words
companies
may choose a low labour workforce to maximise their profits. Many industries hire people for low wages by providing poor working conditions, which leads to financial insecurity and low living standards. Without making Use synonyms
such
sectors liable for their actions, it is highly impossible to manage the social inequality issue, which contributes to societal stress. Linking Words
For instance
, in India, Information technology Linking Words
companies
outsource their projects to other countries like the Philippines , as the currency rate is significantly lower than in India, to increase profits. Use synonyms
Therefore
, the unemployment rate is accelerating at an alarming rate.
In conclusion, Linking Words
although
there are differing opinions about the liabilities of Linking Words
companies
on social and environmental aspects. In my opinion, the government should hold them responsible for their actions , considering the impacts on environmental degradation and social inequality.Use synonyms