Environmental Economics
Environmental Economics is the application of economic principles and theories to weigh the societal and financial impacts of company decisions on the environment, with a main focus on sustainability. Within Corporate Social Responsibility, it requires the internalization of environmental costs for better corporate citizenship.
Level 1: Emerging
At an emerging level, you are just beginning to understand the interplay between environmental sustainability and economic viability within the context of Corporate Social Responsibility.
Level 2: Proficient
At a proficient level, you are able to effectively apply principles of environmental economics within corporate decision-making processes, integrating sustainability practices into business strategies to enhance social and environmental impact.
Level 3: Advanced
At an advanced level you are able to analyze the economic impact of corporate sustainability initiatives on the environment, ensuring that CSR efforts are both environmentally effective and financially sustainable.
