Businesses Must Create Good and Sustainable Work Environment, Says Dow CEO

The video discusses the evolving role of corporations in balancing profit with social and environmental responsibilities. Jim Fitterling of DOW highlights the importance of sustainability alongside profitability, emphasizing the need for companies to outperform competitors while benefiting society. The video also covers collaborative efforts to address environmental challenges, such as the Alliance to End Plastic Waste, which aims to close the loop on the circular economy by developing infrastructure and technologies for recycling.

What is the new normal for business leaders according to Jim Fitterling?

• Focusing solely on profit maximization

• Balancing shareholder interests with social and environmental responsibilities

• Prioritizing short-term gains over long-term sustainability

• Ignoring environmental concerns

What is the main goal of the Alliance to End Plastic Waste?

• To reduce the cost of plastic manufacturing

• To promote the use of non-recyclable materials

• To fund projects addressing ocean and land plastic waste

• To increase plastic production

How many companies are involved in the Alliance to End Plastic Waste?

• More than 20

• More than 10

• More than 40

• More than 30

What is a key challenge for developing countries in managing waste?

• Lack of interest in recycling

• Insufficient infrastructure

• Overabundance of recycling facilities

• Excessive government regulations

What is the primary focus of creating a circular economy?

• Reducing the cost of production

• Eliminating all forms of waste

• Developing new products from recycled materials

• Increasing the use of fossil fuels