Sustainable Business Development
TAB priorities (e. . , local Job creation and charitable work) with foreign ones (e. G. , avoiding conflict minerals and abusive labor practices). Let us consider how three such organizations currently seek to benefit their balance sheets alongside our planet and its people. Overview of Three US Companies Lately, Apple has been very public in its pursuit of large-scale sustainability endeavors, partly in response to troubling revelations about labor and environmental issues among its Chinese suppliers.
This, combined with a strategic decision to diversify its supply chain, has led Apple to transfer a large portion of Foxhound’s assembly work to another manufacturer, Vegetation. While Vegetation has not been without incidents of its own, it “has largely escaped the likelier spotlight” that Foxing experienced. 5 We cannot fully know the role of Apple’s social conscience in his decision, which some view as too little, too late,6 but it reinforces the business case to be made for avoiding or curtailing partnerships with companies whose values oppose consumers’.
Domestically, Apple’s efforts are a bit clearest, with the construction of a 100% renewable powered data center in North Carolinas and the placement AT Dormer EPA cement Alls Jackson as coordinator AT Its environmental practices. 8
Need essay sample on "Sustainable Business Development"? We will write a custom essay sample specifically for you for only $ 13.90/page
The Chrysler Group, like all auto manufacturers, faces a similar challenge: its products are environmentally harmful, but immensely profitable to the company and otherwise 4 http://dowelling. Net/? P=940 depletion. Was. Correctly/SB10001424127887323855804578511122734340726. HTML 6 http://www. Greengrocers. Com/news/2013/06/1 Oils-apples-adoption-of-sustainability- too-little-too-late/ 7 Ibid. 8 http://www. Forbes. Com/sites/conglomeration/2013/05/29/apples-hiring-of-former- pa-chief-called-bold-move-peacekeeper/ Page 4 of 9 beneficial to society.
Chrysler stated objective is to “minimize the impact our products and processes have on the global environment, and to positively affect the people and communities where we do business. “9 The goal, in other words, is to create social benefits of employment, safety, and so forth that simply outweigh the social cost of auto production and use. Chrysler new partnership with Fiat, although fundamentally intended to increase market share, should improve fuel efficiency and emissions while improving economies of scale. 0 It has also substantially reduced corporate water usage and CO emissions, resulting in $50 million in savings. 1 Unlike Apple and Chrysler, Marriott International does not manufacture a single thing. While “green” buildings are certainly an objective, its greatest TAB challenges and opportunities revolve around the economic effects of its hotels on their communities. This is particularly apparent in Amorist’s current strategy of fostering “sustainable economic activity on local employment” in upcoming emerging-markets expansion. “12 This will take shape, for instance, through a partnership with a Rwanda institution offering Job training to local women, who may otherwise struggle to enter the labor market (at least at a significant wage).
Marriott also emphasizes its inclusion of local vendors,13 which should yield a ‘ripple effect’ as these vendors expand, hire, pay greater salaries, and so forth. On a much smaller scale, sustainability-oriented small businesses are thriving from coast to coast. Anyone who has spent much time in America over the last decade can attest to an exponential increase in local, organic, handmade, artisan, fair trade, and other conscientious odds (visa-¤-visa their allegedly unsustainable alternatives). Evidently, consumers are n or help spread their values, a trend on which larger companies are also keen to capitalize. Http://www. Chronologically. Com/sustainability/Pages/Extraterritoriality’s. Asps 11 http://media. Chrysler. Com/newsreels. Do? =9376=273 12 http://news. Marriott. Com/2013/07/Marriott-sustainable- hotel-develop meet- boosts- economies-and-creates]bobs. HTML 13 10 Page 5 of 9 Sustainable Development in China Government Initiatives & Practice To understand the motivation for TAB initiatives in China, it may help to begin with an overview of the foreign (to most of us) social and political context that has begotten them.
China has a hundred cities with a population of over one million, and will add at least a hundred more over the next twenty years, along with and at least six more megabits containing populations over ten million people. These megabits bring mega-problems including population growth, poverty, insufficient transportation infrastructure, and housing concerns,14 on a scale most Americans cannot fathom. Environmental pollution, urban overpopulation and corruption also hinder the development of society in general.
At the same time, these development issues are becoming more personal and tangible to the public. Environmental and safety disasters are occurring in individuals’ own backyards, and this is moving people to demand more from their leaders. These factors all drive the government to put more effort into improving existing practices and removing obstacles to healthier and more sustainable development, while pursuing the fundamental goal of a harmonious and prosperous society.
Sustainable industrialization is a development process that builds capacity and sets conditions for enterprises of all sizes to meet the Tab’s financial, social, and environmental objectives, and to provide the requisite institutional reform and commitment to innovation. The government also stresses overall structural reform of industry, regulation based on a broader array of instruments and voluntary measures, and both fiscal and financial reform. Practically, China is drawing upon globally-recognized concepts such as CEO-efficiency, pollution taxes, cleaner production and CEO-industrial parks.
Recently, the government has gone all out to complete pollution reduction tasks. It has emphasized environmental protection for the sake of economic development, public health, rural conditions, and rehabilitation T major ecosystems, as well as creating adjectives Tort Ana Inhalators AT ecological status. 1 5 Thus, the Chinese government’s measurement and actions concerning sustainability are becoming more specific and powerful. Practically, China has introduced carbon cap-and-trade programs to reduce emissions.
The government set limits on CO discharge for industrial companies and public buildings. Polluters that emit less than the limit can sell the difference between their emissions and 14 15 http://www. Tab. Com. PC/megabits-megalopolises-institutions/ http:// www. Cited. Net/enhanced/policyholder’s/report/201206/t20120604_230865. HTML Page 6 of 9 the cap to other polluters, thereby aligning environmental goals with market incentives. 16 Green logistics has also been practiced in China for several years as a means of reducing the environmental and energy footprint of freight distribution.
Practices include carbon footprint, CEO-driving, green logistics parks and information/communications technologies for climate-sound logistics. 17 Corporate Initiatives & Practice Together with the government’s effort, corporations in China have begun to implement corporate social responsibility (CAR) standards, aiming to embrace accessibility for the companies’ own actions and positively impact the environment, consumers, employees, communities, stakeholders, and other members of the public sphere. 8 These initiatives are primarily motivated by regulatory demands and government relations. For this reason, many TAB programs dovetail with the priorities of local or provincial governments. Another objective is to build a sustainable working environment through encouraging employee volunteerism, which many companies have found to reinforce workplace camaraderie. In addition, consumers in China are growing more concerned about sustainability issues, such as in food safety, public health and air pollution, and are calling for corporate responsibility.
One survey even found that China consumers are more concerned than Americans with business ethics. 19 As in the United States, consumers are inclined to switch to brands associated with a good cause, assuming the same price and similar quality. 83% of respondents in China said they refused to buy a company’s product when they learned that the company acted irresponsibly. Companies themselves want to enhance their brand image and build a good reputation. Gel is a privately-run car manufacturer, perhaps best known in the West for its recent acquisition of Volvo.