Preview

Environmentally Sustainable Business

Good Essays
Open Document
Open Document
428 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Environmentally Sustainable Business
Business sustainability has grown out of its normal realm of being environmentally aware and being green. To grow into the future, businesses need to apply eco-efficient practices to produce better outputs. Everything a business does in relation to its products, services, people, and the community around it, should contribute a sustainable future. To be successful in the long-term, leaders must look beyond what they are doing today and consider what they will be doing in the near future and in the far future. This is an ever-changing world. This means they need to implement ethical and innovative operational strategies. According to Desjardins, Interface Carpet Corporation, for example, has given themselves a makeover from a product-based to a service-based company to fit into market behavior shifting from owning to leasing a product. By putting their business in a broader context and by assessing their customer needs and interests more thoroughly, they are able to please their customers by giving them more flexibility with changing the carpet designs “at lower costs and fewer burdens.” Altogether they have raised community awareness of our environment and its impact on us. Sustainable businesses reap the benefits of having reduced costs, improved productivity, gaining customer trust, and earning new customers. The environmental benefits that happen to occur as a result of sustainable practices are always a plus. To bring a business into a sustainable stage, a business should start changing many of its aspects. They should encourage more products and services that utilize resources efficiently and effectively over the long term. They should manage risks at both economic and environmental levels. Love Canal is an example of a company which irresponsibly dumps toxic wastes into the water source creating irreversible effect on the environment. To embrace the green theme, one can start with simple practices such as: choose green energy, choose suppliers

You May Also Find These Documents Helpful

  • Powerful Essays

    Vu20130 Task 1

    • 1982 Words
    • 8 Pages

    This, the first session, is built around implicit opportunities for sustainability. Videos and activities are based on why sustainable practices are necessary and to challenge participants’ views. The first video entitled “The Journey of Sustainable Business” explains the current environmental situation, the activities that have led to it and what some companies are doing to ensure their operations are sustainable.…

    • 1982 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    In a profit-driven market, executive decisions are based on capital gain instead of long-term sustainability of the planet. Too many pollutions have killed the sea life in the oceans, the streams, the ground soil, the ozone, and all of these practices have poisoned the planet. Business leaders need to change their philosophy of sustainment through capital gain to sustainment through environmental sustainability and be a socially responsible company to stay competitive in today 's market…

    • 1116 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Ba 342 Essay

    • 614 Words
    • 3 Pages

    As one of the important things that Debora mentions, sustainable business practices can be used as some guidelines to ensure that every business entity achieves sustainability, while at the same time being able to make their profits. This means that businesses would be able to meet their targets of profits, be able to sustain their workers and make sure that people do not interfere with the main purpose of sustaining the business and the planet. This is in consideration of the fact that people and businesses rely on the resources that are generated by the planet. With every business targeting to make profits, the planet should not get depleted just because of the projections of the business entities, there needs to be a balance among people, the business targets or profits, and the planet’s state of resources.…

    • 614 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Sustainability has become a great topic of interest in many arenas. Particularly, leading organizations are recognizing sustainability needs to be an essential aspect of their long term strategies. With this recognition, better business practices are being sought by investors as well as sustainability is becoming a driving force for better efficiencies and innovation. Two organizations, Wal-Mart and Starbucks, have both took on sustainability as long term initiatives to address their customer needs and affect how their suppliers operate.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Better Essays

    McManus, B. (2009). Vital to Business Survival: Assessing the Impact of Environmental Pressures. GreenBiz, 1-4.…

    • 1150 Words
    • 1 Page
    Better Essays
  • Satisfactory Essays

    Bba Unit 2

    • 470 Words
    • 2 Pages

    Sustainability to me in the business world means that an organization operates environmentally responsible and safe. The different methods utilized and products produced must have no harmful effects on the environment due to their existence. It is imperative for all businesses to be sustainable and find ways to incorporate it in order to be able to succeed in today’s business environment. This process has become part of the new and changing culture and different competition method. Yes a green company does impact my choice when I purchase my cleaning products from the local grocery store. I pay the extra money, but at the same time I know I am doing my part by taking care of the environment.…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The first words in the article are “Going green can be profitable”, and this is an important thing to remember. Being socially conscious and environmentally friendly can positively impact the bottom line of an organization. This has mistakenly led some organizations to decide that the most effective way to contribute to society and the earth is to create a focus on how to reduce costs and increase profits environmentally.…

    • 1985 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Conducting business in global markets can be very stressful. With regards to environmental factors, the way that business conducted is very important. We now live in a society where…

    • 545 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business sustainability is a business approach have policies of environmental and human rights which means the business creates long-term shareholder value from no negative influence opportunities and managing risks on global or local society, environment, community and economy [3]. Smukowski [2] claimed that the concept of business sustainability is a prior plan of the long-term viability and optimizing resource needs, reducing environmental, energy or social impacts which will not damage the profitability of business. It can be summary from above that sustainable business means the enterprise consider not only financial factors, but also more comprehensive concern the impact of environmental and resource efficiency.…

    • 1963 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Many companies talk about reducing greenhouse gas (GHG) emissions, but too often there’s a large gap between words and action. Most companies seem to be holding off on taking any real steps to reduce their environmental footprint because they believe the investment cost is too high.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This is an overview of our presentation: first, we will define business sustainability. Then, we will talk about the importance of business sustainability at Indooroopilly, afterwards going over three sustainable business practices in place right now. Subsequently, we will…

    • 1506 Words
    • 7 Pages
    Good Essays
  • Good Essays

    The purpose of this report is to (a.) Explain the current economic system and identify conditions that may lead to a more sustainable economy; (b.) Create a vision and strategy for Colourful Corporation to participate and contribute successfully to this new more sustainable economy, and ;(c.) Outline the impacts that this will have on the CEO’s governance of the company.…

    • 2791 Words
    • 12 Pages
    Good Essays
  • Best Essays

    Should Businesses Go Green

    • 2589 Words
    • 11 Pages

    Recently, environmental issues have converted into a major concern on a global scope leading to economic instabilities; these issues range from preservation and energy use, to deforestation and water shortage. (Videen, 2011) As a result, a phenomenon that has appeared over 20 years, “Green Movement”, has become a center of the discussion. (Fok, 2012) The term “Green” became popular in the context of describing the environmental conscious company, which is concerned primarily with pursuing business practices that would help to ensure long-term sustainability. The concept of sustainable development has been formalized and stabilized over decades; United Nations defined it as “development which meets the needs of the present without compromising the ability of future generation to meet their own needs”. (UN DESA, 1987) Constant social and political attention to these matters encourages firms to sustain awareness about externalities their operating activities have on the environment, and whether their resource management decisions are viable in the long-run. Social permission theory also challenges to prove the moral foundations for business stakeholders. It implies that a business is not autonomous entity. The behavior of the businesses is legitimized by the social norms of their founder-society; thereby, society has ultimate control over the businesses’ moral obligations and responsibilities. (Hussain, 1999) Therefore, the purpose of this paper is to argue that businesses do have a moral responsibility to the society, which, in fact, forces them to go green. Moreover, in today’s rapidly growing economy, businesses are expected to fully understand that the resources available for future generation are greatly affected by their actions.…

    • 2589 Words
    • 11 Pages
    Best Essays
  • Good Essays

    STEEPLE Analysis Paper

    • 985 Words
    • 4 Pages

    Progressively, world frontrunners are observing environment modification and sustainable growth as worldwide matters that necessitate concentrated universal determinations as well as the UK has a key part to play in convincing other nations to pledge to this cause. It has been observed that the economy of the UK, as well as the businesses, rest on international trade and resources. Nonetheless, aspects such as environment variation and an increasing population of the globe demonstrate that there is an additional burden on energy, natural resources as well as the broader environment (Gupta, 2013). Businesses should make sure they utilise tools to help decrease the ecological influences of their procedures and supply chains, comprising ecological administration structures as well as tools to report greenhouse gas productions. On the other hand, products must be manufactured by considering the environmental factors and thus, they must be eco-friendly. It is also observed that ‘Eco-innovations’ are novel or enhanced innovations, goods or services which lessen the effect on the surroundings along with the usage of natural resources. Thus, the products such as food items should be manufactured as per the environment of the country. Similarly, the production units should likewise protect energy and fuels in order to…

    • 985 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    It is also vital for businesses that are trying to become more environmentally friendly - so even if you’re more motivated by saving the planet than making money, there might be a place for you in the world of business.…

    • 1893 Words
    • 8 Pages
    Powerful Essays