Sustainability and COVID-19 Pandemic: Ethical Challenges Faced by Global Businesses

CORONAVIRUS
PANDEMIC
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Contents
CORONAVIRUS PANDEMIC...........................................................................................1
PART A...........................................................................................................................................3
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................5
PART B............................................................................................................................................6
CPD Plan..........................................................................................................................................6
Area of learning......................................................................................................................6
Reflection of learning.............................................................................................................6
Future Implication..................................................................................................................6
Action.....................................................................................................................................6
REFRENCES...................................................................................................................................8
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PART A
INTRODUCTION
The COVID-19 pandemic has accelerated various issues in the contemporary business
environment. The focus of this report is sustainability and the cover 19 pandemic in context of
ethical challenges faced by global business environment (Burgis-Kasthala, 2020). This report
introduces the sustainability challenges faced by the companies after the COVID-19 pandemic
and explains code of conduct that can assist the businesses in resolving the issues. This report
provides information about relevant code of conduct which has helped businesses resolve the
issues along with example of businesses who have not been able to make positive improvement
on the specific ethical challenges identified in this report. After this the report also focuses on
discussing the support and guidance provided by professional bodies relevant to the issue of
COVID-19 and sustainability. Finally a concluding paragraph is included to evaluate effective
implementation of code of conduct and professional body guidance by an organization.
MAIN BODY
The specific topic which is selected for this report is sustainability and the covid 19 pandemic.
The concept of sustainability refers to business processes an actions which support
Environmental Protection along with adding positive contributions towards the fight against
global warming and climate change (Canzaniello Hartmann and Fifka, 2017). Rising consumer
demand and government intervention through laws and regulations in context of sustainability
has increased awareness of businesses towards sustainability challenges and harm caused by
companies towards the environment. Many businesses in the current age are adopting
sustainable practices in order to ensure that any kind of harm towards the environment is
minimized. The covid 19 pandemic changed the economic landscape of the global trade which
impacted on sustainability of companies (Goworek and et. al., 2020). The negative economic
impact caused by Covid 19 pandemic has encourage many businesses to priorities economic
growth over sustainability which is a key ethical challenge when it comes to the current business
environment. This is because avoiding sustainability in order to attain higher profits is an ethical
as it contributes towards global environmental damage and affect save feature for the society.
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