Business Environment, Social Responsibility And Medical Innovation

Good Essays
In 1969, Novo Nordisk, which had been produced poor quality detergent, had a serious issue about the safety of the customer. Generally speaking, a company’s reputation which has significant influence over a profit is much more important than an amount of money that a company needs to spend on cleaning up pollution. Despite being at a competitive disadvantage, the company has decided that it is better to disclose environmental reporting to be more transparent on social. In regards to the philosophy of Novo Nordisk, the company’s value reflects its business environment, social responsibility and medical innovation which can be known as “The value of the Triple Bottom Line” (Novo Nordisk 2013, p. 19). In this report, the core
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Eccles; Michael P. Krzus (2013). The company, which used indicator, 2004 data, expected that carbon emission would be dropped dramatically by 10% in the next 10 years. Even though the report represented that greenhouse gas emission in Diabetes cares in 2013 as compared to 2010 increased by 30,000 tons (from 95,000 tons to 125,000 tons), the amount of emission decreased of 42% in comparison to 2004. In spite of accelerating rates of sales growth in Diabetes care over 10 years, Novo Nordisk could imitate the environmental issue and achieve its main objective for reducing the amount of carbon emission about 10%. In 2012, it was expected that energy consumption stood at 6% in 2013. After being analyzed, it can be seen that there was a 6% rise in energy consumption, which increased from 2,433 gigajoules in 2012 to 2,572 gigajoules in 2013.
Assessing the performance of Novo Nordisk in 2013 and 2014, net sales increased slightly by 6% but the amount of carbon emission dropped by 4% from 125,000 tons to 120,000 tons because of reducing system power consumption and having changed the filling plant which become more environmentally friendly methods. It is clear to say that both carbon emission and energy efficiency met its common target which was slightly better than in 2013.
Water-use efficiency commitment
Water scarcity situation is a major problem for our society and affects many
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