Tag:social responsibility
Clearing the Air: The Need for Federal Limits on Private Jet Usage
As the planet grapples with the alarming effects of climate change, a glaring disparity emerges: while everyday Americans are held accountable for their environmental impact, the ultra-wealthy continue to fly under the radar in their private jets. This contradiction highlights the urgent need for change in the approach to private air travel and its contribution to global warming. If society truly cares about the planet’s future, regulatory bodies need to stop turning a blind eye and hold those who are contributing to the same standard.
Shein’s IPO: Stitching Profits with Controversy
In late 2023, fast-fashion retailer Shein filed to go public in the U.S. markets, which has been delayed because of tensions between the U.S. and China. On June 3, 2024, , which was predicted due to the delay in the U.S. markets. Although the company is well known its clothing prices and its value reported at $66 billion in 2023, the company faces controversy due to its ties to China, negative environmental impact, and alleged forced labor practices.