A clothing company, Patagonia, Inc., pledges one percent of its annual revenue to environmental causes around the world.Founders of the company believe they have an obligation to contribute to the world.This is an example of _____.

Question

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Patagonia's pledge to donate one percent of its revenue to environmental causes is an example of social responsibility, which refers to a business's obligation to operate in a way that promotes society's well-being, including environmental stewardship, ethical behavior, and community involvement. Patagonia's founders believe that they have a responsibility to contribute to society and the environment, which is reflected in their company's mission statement and actions. Ethical relativity and moral absolutism refer to different philosophical approaches to ethics and do not apply to this scenario. Greenwashing refers to the deceptive use of environmentally-friendly language or practices by a company that is not truly committed to sustainability, which is not the case with Patagonia.

A Clothing Company, Patagonia, Inc