Volkswagen emissions scandal
Corporations have loads of power over the everyday folks they hire, the consumers who buy their wares and also governments and councils whose people they employ. They have a basic moral obligation to keep all that influence and power in check. Regulators are in place to keep an eye on big business but as trade secrets are often shielded from the public, firms really need to be responsible for their own actions, which is partly why directors get paid so much money, and why they carry the can when their companies cross the line.
The Volkswagen emissions scandal in 2015 is an example of the sort of thing firms do to maximise profit. In September 2015, the Environmental Protection Agency (EPA) found that new VW diesels had software installed that cheated the emissions tests. When the car’s onboard computer detected that it was being tested, it changed to this software setting which produced emission results that put the German car makers vehicles below the emissions ceiling.
[Image – Caradisiac - youtube.com]