Ethical analysis for evaluating sustainable business decisions: the case of environmental impact evaluation in the inambari hydropower project

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• dc.contributor.author Rode, Julian
• dc.contributor.author Le Menestrel, Marc
• dc.contributor.author Van Wassenhove, Luk N.
• dc.contributor.author Simon, Anthony
• dc.date.accessioned 2020-06-04T08:22:34Z
• dc.date.available 2020-06-04T08:22:34Z
• dc.date.issued 2015
• dc.description.abstract We propose an ethical analysis as a method to reflect on how companies’ decisions promote sustainable development. The method proceeds by first identifying the choice according to financial business interests, and by then scrutinizing this choice according to consequentialist and deontological ethics. The paper applies the method to the choice of an Environmental Impact Assessment (EIA) that a consortium of Brazilian companies (EGASUR) delivered as part of their project proposal for the realization of the Inambari hydropower dam in the Peruvian Amazon. We show that if an EIA is chosen based on the attempt to maximize the financial bottom line, it raises ethical issues both from a consequentialist perspective by involving negative consequences for various stakeholder groups, and from a deontological perspective by not complying with relevant rules, guidelines, and principles. The two ethical perspectives hence reveal where the consortium faces impediments to a genuine commitment to sustainability. Building on stakeholder interviews, observations of the project developments, and the executive summary of the actual EIA, we provide indications that EGASUR has indeed made a choice that resembles a decision based on financial interests.en
• dc.format.mimetype application/pdf
• dc.identifier.citation Rode J, Le Menestrel M, Van Wassenhove L, Simon A. Ethical analysis for evaluating sustainable business decisions: the case of environmental impact evaluation in the inambari hydropower project. Sustainability. 2015 Aug 4;7(8):10343-64. DOI: 10.3390/su70810343
• dc.identifier.doi http://dx.doi.org/10.3390/su70810343
• dc.identifier.issn 2071-1050
• dc.identifier.uri http://hdl.handle.net/10230/44906
• dc.language.iso eng
• dc.publisher MDPI
• dc.relation.ispartof Sustainability. 2015 Aug 4;7(8):10343-64
• dc.rights © 2015 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).
• dc.rights.accessRights info:eu-repo/semantics/openAccess
• dc.rights.uri http://creativecommons.org/licenses/by/4.0/
• dc.subject.keyword Sustainable developmenten
• dc.subject.keyword Ethical analysisen
• dc.subject.keyword Business decisionsen
• dc.subject.keyword Environmental impactsen
• dc.subject.keyword Environmental Impact Assessment (EIA)en
• dc.subject.keyword Hydropoweren
• dc.title Ethical analysis for evaluating sustainable business decisions: the case of environmental impact evaluation in the inambari hydropower projecten
• dc.type info:eu-repo/semantics/article
• dc.type.version info:eu-repo/semantics/publishedVersion