Latin America’s largest electrical company operates 45 hydroelectric dams, and is responsible for 34 percent of Brazil’s generating capacity. The company, Eletrobras, makes laudable claims about its corporate values, including a commitment to sustainability, and to “operating through a well-balanced environmental, social and ethical responsibility.”
But with grave concerns raised about the environmental and social impacts of hydroelectric dams in the Amazon, and with Eletrobras itself a key actor in the hugely controversial Belo Monte dam, how sustainable are dam-building companies really being? Are the business decisions they make driven by a genuine commitment to sustainability? And, perhaps more importantly, how can we pragmatically assess the true motivations behind those decisions?
Ethical analysis may hold the answers, according to a recent study published in Sustainability. An international team of researchers suggest it is possible to pinpoint what lies behind a company’s decision-making process through a rigorous ethical analysis.
Read the full article, published in May 2016 on Mongabay, here.