Ethics and Social Responsibility: Pacific Gas & Electric Company CSR

Ethics and Social Responsibility
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Ethics and Social Responsibility
Introduction The primary goal of a business is to maximize profits, which is achieved by it exceeds the expectations of its clientele. It is therefore of paramount importance to enshrine the culture of ethics and Corporate Social Responsibility (CSR) in production to ensure that there is continuous development of the company. Business ethics are a collection of principles that give direction to the way a business is run. It is deemed ethical, when there is a distinction between right and wrong. With adherence to this, the company will be expected to be beneficial to the society in ways that will reduce any risks to environmental degradation. CSR therefore will focus on the welfare of the community in general. Pacific Gas and Electric (PG&E) Corporation engages in business ethics and CSR to realize a competitive edge in the energy market.   Decision by Pacific Gas and Electric Company             The company has come up with a decision to engage the stakeholders in strategic decision making processes to increase quality products and services to the targeted consumers. According to PG&E Corporation (2017), the company has engaged the community and consumers to ensure that there is an increase in the quality of products and services making it possible to effectively serve its consumers.  The company aims to realize the expectations of communities, customers, employees, investors and suppliers of PG&E Corporation. This decision of engaging the stakeholders in providing natural gas and electric services, aims at ensuring that there is the implementation of effective strategies to meet the diverse expectations of the consumers. The gas and electric services provided to the PG&E Corporation, has greatly improved due to the high engagement with the consumers. There are affordable, reliable and affordable electric services. The leaders in different teams are required to meet various community related issues through empowerment of teams, to effectively serve the society.   Potential Ethical Implication of the Decision             The decision is considered ethical when it aims at increasing the operations of the company by effectively handling the issues of the stakeholders. The decision is morally acceptable to the targeted consumers when the management ensures that the right functions are accomplished, during production of gas and electric services. The company aims at increasing it honesty and credibility with the employees through empowerment of teams.  The major aim of trying to accomplish this is to increase the number of potential consumers of the company through quality production. In dealing with the stakeholders of the PG&E Corporation, the management has ensured that there is transparency in operations to make the company highly accepted in the market. The functions of the company aim at ensuring that there is an improvement of environmental conservation through development o...