Genzyme’s Global Energy Sustainability Program Essays

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

In 2014, Hewlett Packard’s (HP’s) headquarters in Palo Alto, California partnered with SolarCity, a clean renewable energy solar provider, to outfit their headquarters with over 4,000 solar panels (Canales, 2014, para. 1). HP, a 75-year plus veteran of international technologies, understands the importance of creating and investing in sustainable solutions throughout its value chain. HP states: “We set bold targets to lead the IT sector. We are committed to sourcing 50% renewable electricity for our operations by 2025 and reducing operational greenhouse gas (GHG) emissions by 25% compared to 2015,” (“Living Progress,” 2017, para. 5). This commitment is not limited by HP to their products and services, but extends to, literally, their work environment. A small, but significant step to demonstrating this belief, is their project of installing solar panels over the heads of their top decision makers. “… [The] 1 megawatt system… is expected to offset more than 20 percent of HP’s current power usage onsite… [the] installation is expected to help HP reduce its utility power costs by approximately one million dollars over the next two decades,” (Canales, 2014, para. 1). To a company that earned a net income of 3.1 million in 2016 (“Cash Flow,” 2017) one

Preston (2001) cited early on of HP’s recognition of the need to combine environmental sustainable practices into its core business strategy and its commitment to becoming an ecological leader in the 21st century. The company’s leading sustainable efforts are illustrated through its installation of an EcoPOD next-generation data centre in Georgia, USA earlier this year which is ‘currently the most efficient data centre in existence and can decrease energy consumption by 95% in contrast to traditional services’ (Interbrand, 2012). Furthermore, according to the Hewlett Packard company website, the enterprise has also delivered on its environmental goals which included reducing the energy use of HP products and associated greenhouse gas emissions to 40% below 2005 levels by the end of 2011- the company reduced it to 50% and accomplished it nine months

The carmaker, which employs 15,000 people, including 3,500 engineers at two product development centres in the Midlands, is part of the EU ETS scheme and has signed up to a Climate Change Agreement. Head of sustainability Frances Leedham says One of my objectives is to make environment and sustainability part of doing business. It was unheard of a few years ago, but there is a clear incentive to decarbonise our economy and focus on renewable energy. Across our UK facilities we have set ambitious targets, and by 2012 we aim to reduce operating carbon emissions by 25 per cent, waste to landfill by 25 per cent and water consumption by 10 per cent. So crucial is the companys sustainability agenda to long-term business growth that a 9m fund has been set aside for investment in efficiency measures across the business, targeting areas where the biggest savings can be made. Jaguar Land Rovers paint shops, for example, have been identified as the largest consumer of energy in the whole manufacturing process. By sharing best practice between production sites, the company has implemented more than 50 initiatives-from optimising use of air compressors to closing parts of the paint shops when they are not being used. These measures have saved 13,200 tonnes of carbon emissions and more than 1.5m in energy costs over the past two years. But Leedham insists smaller schemes have a significant effect, too Things such as lighting, heating

Help to identify the several impacts on the sustainability and help to get relevant corrective actions

the continual improvement of the environmental performance of our activities, products and services and prevention of pollution, which complies with the international ISO 14001 standard;

Part of my brief at Sustainable Future Group involves helping organizations reduce environmental impacts and

Minimizing the use of energy and reducing emissions and waste are issues of importance to which stakeholder?

Communication of the high need of sustainability goals to all members of the company, Everyone needs to understand and be committed to ensuring that the same is met.

Sustainability will be the core component in our decision making. That is, decisions will be made based on the wider impact they may have on the community as a whole and not solely on the basis of self-interest. The impact of our decisions will be thoroughly analyzed before moving on to implementing them so as to make sure that our goals and objectives are in line with those of the community we operate in.

Sustainability planning should be made on the local, national and international levels. We need to be able to utilize our economic and natural resources in a way that will enhance

The system is supposed to enhance its internal practices to reducing greenhouse gas, and they will be increasing recycling processes. More importantly, it will also create strict guidelines for JPMorgan Chase's lending decisions when it comes to The mining, forestry, oil, and gas industries it will no longer finance projects that pose a danger to the environment It has also decided to encourage clients to design plans to try and reduce the large amounts of greenhouse gasses to help the environment. The modifications come from years of the hard word by the Stakeholders as well as some other groups that included nongovernmental organizations (NGOs), investors, and activists. Stakeholders, including NGOs, investors, and activists, as well as communities, labor, and consumers all, played a significant role in improving corporate behavior. Some NGOs are willing to put themselves in danger by using strategies of conflict. Others have been working to create partnerships with companies to help them green their production, often in ways that save them money. As well, the investor community is taking a progressively active role in work with the companies in the hopes of creating a partnerships with businesses in order to help them green their production, which often save them money on the long term outlook. Some of the investor community is taking an active role as well encouraging corporations to consider the long-term financial risks of social and environmental issues rather than the next quarter's

I chose to look into General Electric for this project because they are an energy supplier and multi-national company. Energy providers have a reputation as a money hungry companies that care about the bottom line more than people and the planet. It is easy for a person to assume that a corporation of GE’s size, money would be its only concern. What I learned was that GE has a public image problem more than a Corporate Social Responsibility (CSR) problem. The company has been working to make the people of the planet more Earth friendly by creating technology that has higher efficiency with fewer emissions and lower resource demands. GE has a well-established strategy for Corporate Social Responsibility. As a result of CSR the company

The most of global energy production produces from fossil fuel such as coal, oil and natural gas. The vast fossil fuels generate energy which use for many purposes for instant residential, transportation and industrial sectors. While the rate consumption of fossil fuel higher than their formation leads to oil price crisis. Another concern of fossil fuel combustion is the impact on the environment. Global warming is a significant problem which results in increasing concentrations of greenhouse gas in the atmosphere. These problems drive researchers and societies to search alternative energy such as switching to renewable energy or carbon-free energy to replace fossil fuels. For example Nakata et al., (2011:465) show ‘low-carbon society’

Finding energy sources is an issue that polarizes scientists, politicians and citizens alike. The most critical points of this debate are at fossil fuels and renewable energy. Energy efficiency is arguably the most dire concern facing the planet, because it significantly impacts all areas of everyday life. Common ground can be found in this controversy because both parties do agree that humans have a responsibility to future generations. That responsibility is to preserve the resources of the Earth, while offering this generation energy that is affordable and accessible.