Origin Energy Sustainability Strategy

When talking about sustainability numerous people associate it with just protecting the environment. Sustainability is far more than going green, but it is a principle that many companies have adopted and have worked persistently to improve over the last several years. Sustainability is defined as the ability to continue a behavior indeterminately, but it also includes improving human life overall. Sustainable development is broken down into three pillars: economic, social, and environmental (Harich & Bangerter, 2014). Economics is the study of how people use resources, which correlates to the goal of sustainable development by using resources to their full potential (Laszlo, C., & Zhexembayeva, N., 2011, p. 60). Economic sustainable development allows companies to give their customers what they want without overusing mutual resources. Social development combines the social world with the physical realm to provide a good quality of life (Benoit, 2010, p. 7). Social sustainability focuses on the well-being of people and their communities. Environmental development, the most recognizable, includes protecting the environment by reducing pollution, recycling, switching of electronic devices when not in use, etc. All three of these pillars make up what is known as sustainable development. In this paper, I researched a company and their involvement in sustainability and how it applies to the

In order to compete effectively in the current global economy, modern companies need to successfully address three competitive challenges: technological, global and sustainability. Human resource management practices play an important role in supporting companies to address these competitive challenges. The focus of this paper is to analyze the current sustainability of Pratt & Whitney Canada, and to determine which human resource management practices enhance their competitive advantage both presently and in the future.

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

The perception of sustainable competitive advantage is a complicated term as it is not easy to make a clear definition about at what level the firm can be seen as sustainable (Oliver, 2000). To fully understand the concept of sustainable competitive advantage, it is better to break this phrase into two separately parts including sustainable and competitive advantage (White, Moraschinelli 2009). The first word “sustainable” is understood as how long the firm can maintain their position in the market as well as develop themselves at a constant speed, in other words, the company can attain success in long-run.

The three pillars are environmental, social and economically sustainability. However in this report, environmental sustainability will be brought to light, the two other pillars will be trivial. In order for environmental sustainability to be defined, general sustainability must be defined. Sustainability is the ability to continue a defined behaviour indefinitely (Thwink.org, 2015). For the environment, there are three aspects which must be sustained for, renewable resources, non-renewable resources and pollution. Therefore, environmental sustainability is the degree of pollution emission, renewable resource production and non-renewable resource consumption that can be continued indefinitely for future use. CAROBN

At present companies are inclined to focus on sustainable development as well as sustainability, which brings with it changes to the corporate culture as well as society. Sustainability has three important dimensions for all companies: economic growth, social responsibility and responsibility for the environment. The social and environmental responsibility, however, cannot become separated from economic growth. Profitability and growth create jobs and wealth; companies have to continue to provide products and services that people need. To understand the characteristics of sustainability, first step is to building the ability to prove how expansion of knowledge can be used in support of employers and public interest. IFAC in 2008 has defined sustainability, sustainability is all about :

Nowadays, Westpac has been known as the world’s most sustainable company when ranking their positions to other Australian banks (George L., 2014). In order to acquire a deeper understanding of a term ’the most sustainable company in the world’, this below contents will provide the brief of a comparative analysis about Westpac’s achievements with other banks in Australia such as CBA and NAB, which including profitability, solvency and sustainability with the aim of coming up with the reasons why Westpac become on top of the sustainable companies all over the world. Moreover, with respect to the successful performance, Westpac admitted that they not only find the best solution for minimizing costs to maximize profits but also approach to customer

Assessing the second objective, permits the first policy for Community Relations in BHP Billiton’s Sustainability Framework to come to light. The first policy statement is that the company “engages regularly, openly and honestly with our host governments and people affected by our operations, and take their views and concerns into account in our decision making”. This policy

The majority of people in today’s global society have a false sense of security in believing that the effects of climate change will not take place until the very distant future, and are to dire to bear engaging. Environmental protection is currently one of the largest social issues facing different groups within society including; governments, special interest groups, everyday citizens and global organisations. The actions of organisations with regards to environmental sustainability are becoming a larger factor in business operations. Today’s more informed society expects businesses to perform out of the traditional economic measure of profit motive and adjust to society’s efforts to achieve modern sustainability goals. BHP Billiton (BHP) is the largest and leading global resources company, being the world’s largest producers of major commodities including; coal, copper, iron ore, nickel and uranium. BHP’s annual revenue for 2014 can be rounded off to $607,206million US Dollars and currently hires 128,800 employees and contractors over 141 locations. These figures not only represent how large BHP is, but they highlight the importance of BHP’s contribution to help achieve

New Belgium supports sustainable development, so they choose to form partnerships who support sustainability, create a high involvement corporate culture which values everyone’s contributions, look at the CO2 emissions, waste, toxic substances, and transportation to measure the environmental impact of their products. To get the basic idea of what builds sustainability in their company, they usually question the vendors. For instance, the policy regard of their waste management, the environmental organization they contributed, their method used to manage the transportation impact to their products.

As a result output or productions are not increasing according to expectation and the overall development is being sluggish. The owner, authority, and stakeholder should realize that neglecting the human resources in the work place a sustainable development is not possible.

Yvon Chouinard and Vincent stated, “Sustainability is a term that calls us not to take more from nature than we can give back.” Many Companies have failed to grasp this concept. It is startling to realize how much has been taken from nature and how little has been given back. A responsible company makes magnificent products, treats their workers well, improves the community, and protects nature. Humans need to realize that they are part of nature. They r in the process of destroying themselves when they act irresponsibly.

Over the past few decades, sustainable business practices have become more prevalent and required in corporations. Australian organisations are required to be responsible for being sustainable socially, economically and environmentally, here we focus on the environmental factors. Australia’s government is constantly coming up

One positive implication capitalism has to the natural environment is industrial ecology, a system of chain production and consumption, serving to the lowest environmental impacts in a most environmentally sustainable economy as the main goal of operation (Richards & Pearson, 1998). The Companies in a like to operate in such way because of four major reasons. The most important factor is known as the corporate well-being, for it is determined by higher profits and growth provided by innovations in an industry. Profits are increased from recognizing the production ineffiency costs that comes from wasted inputs and energy losses; this allowing cost savings to increase and ineffiency to decrease. compliance with cleaner technology alternatives such as ones that produce less waste and less energy will provide long term savings which are both beneficial to the environment and the business at hand. A real world example freight company changes their salvaged driving equipment to hybrid vehicles. Money is temporarily lost, but the gasoline and maintenances cost savings will compensate in a long run period of time.

Sustainability when we try to understand in the context of corporate is recognizing that the corporation’s long