Performance Monitoring Will Be Used For Ensure Capital Changes

Bertrand Piccard quotes, “In the 21st century, the heroes will be the people who will improve the quality of life, fight poverty and introduce more sustainability. This is a powerful message, it sums up the concepts discussed throughout the course. Additionally, the case studies such as the New Belgium Brewery, SC Johnson and The Kimberly Clarke organization have been proven to practice this philosophy. As society progresses in its efforts to provide a more sustainable future, there is a fundamental foundation of principles that must be followed to ensure success. Sustainable business development takes into account the application of business operations as it relates to the three pillars of sustainability, which is a dynamic yet integrative place to begin this journey. DesJardins, (2006) calls for a re-imagination of the future to create a vibrant sustainable model; which forms similar beliefs to Piccard. In addition, organizations are more inclined to create sustainable practices based on consumer demand and the willingness of leadership to participate in sustainability programs.

Planet: Operations managers are always looking for ways to reduce companies environmental impact on the earth, and they achieve this through careful selection of raw materials, process innovations, alternative product delivery methods or disposal of end of life

To come out with an interim report to examine and review the MacVille policy and procedure documents to determine the shortfalls between required sustainable practices and documented approaches to the same. In addition, to review current usage of resources to gain understanding of potential for recommending change to organisational practices.Moreover, to develop an implementation plan for the new and revised policy documents.

Continue to assess the impacts of operations and products on the environment and promote environmental awareness among to employees. churchdwight.com [2]

When a company has such a high degree of focus on environmental responsibility and sustainability in its production process, one might come to the conclusion that these will require a great deal of capital to achieve and maintain. At New Belgium Brewing they prove this theory wrong, as they attempt to lead the way by running their facilities on environmentally friendly energy sources and innovative machinery.

A recent article developed by the CEO of the company shows that Petrobras have managed to transform its operations, and it’s currently providing services and products that are environment friendly. According to the article titled ‘the green of Petrobras’ shows that, over the past 8 years, the company has established and implemented several strategies in transforming the company from a notorious environmental perspective into a global leader in an environment that is sustainable. The author of the article believes that an organization should operate in an environment that drives social improvement. The company has established some strategies that help it ensure that it operates in a safe environment and also it promotes environmentally sound

The ten-year $4.0 billion Capital Improvement Program (CIP), when completed, will significantly enhance the DC Water and Sewer Authority’s (DC Water) facilities and infrastructure. The aforementioned budget reflects the continuation of major capital asset investment in programs and projects that will improve the condition of our local waterways, create clean energy, and reduce operating costs in future years. The CIP includes all mandated projects as well as rehabilitation of assets required to meet permit and other regulatory requirements. Further, the plan includes a five year Asset Management Program with $20 million of funding in the wastewater, water and sewer service areas. The purpose of this project is to fully leverage technology to operate, maintain, upgrade and dispose of assets to achieve the greatest efficiencies as well as asset cycle value.

The biggest challenge is the training of personnel on the various areas of concern. The key elements for sustainability have played a big role in making the change to the immediate action plan a success throughout the IT department. The cost has been a concern as well but with management supporting the IT sustainability plan we have had little

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.

Despite the fact that the firms have been more inclined towards ensuring sustainability using renewable energy and the governments have instilled regulations to ensure that firms comply with the multitude of environmental rules and standards, the carbon footprint of the world has increased. Per a report published by the World Bank, the C02 emissions in 2000 was 4.034 metric tons per capita and in 2015 it increased to 4.996 metric tons per capita (C02 emissions, The World Bank). Even though the C02 emissions are increasing with a decreasing pace, the per year value has still gone up over the last 10 years. This indicates that while green businesses and a sustainable mindset has been the norm in organizations and their cultures, it still has not led to a fall in carbon emissions per year. The right mindset will aid the step in the right direction but the right execution is what will yield sustainable results.

Chapter 1 - “Everything we make does some damage.” Only upon acceptance of this statement can businesses begin to evaluate their operating practices and research new methods in an effort to eliminate waste and their footprint in the environment. The goal of creating a sustainable business is not one faced by just those companies who choose to take on the challenge. All companies share the basics of business - raw materials in plus required

At Xerox, sustainability is our way of doing business. We have aligned our goals for the environment and health and safety in five key areas to make an impact across our value chain worldwide. Together with our suppliers, customers, and stakeholders we strive to maintain the highest standards to preserve our environment and protect and enhance the health and safety of our employees and communities. The Xerox Environment, Health, Safety, and Sustainability (EHS&S) organization ensures company-wide adherence to Xerox’s environment, health, safety, and sustainability policy. The governance model we use to accomplish this includes clearly defined goals, a single set of worldwide standards, and an audit process that ensures conformance to these

As mentioned before, InterfaceRAISE utilizes the successes and failures of Interface’s path to sustainability as examples to help consult other companies on their path to sustainability. In addition, they only have one part-time employee and three full-time employees in this division to build it to the $5 million business in five years. They could tap 20 “peer experts” from other divisions of Interface; however, these experts can only speak to Interface’s experiences with sustainability. Interface’s experience, although valuable, is traditionally only useful when consulting with other manufacturing companies.

Around the world and throughout this survey, we see encouraging examples of pioneering companies that have recognized the imperative of sustainability and created strategies and solutions to effectively respond to the issue. For a growing number, the concept of sustainability goes far beyond corporate social responsibility (CSR). It has become the strategic lens through which they view their businesses. For these organizations, sustainability offers an undeniable opportunity to gain competitive advantage, drive innovation and generate real bottom- line results. By treating sustainability as an investment rather than a cost, they have adjusted their business models to drive long-term change and make them more competitive in the

We are now, more than ever, aware of the potentially negative impact of business on the environment, whatever the nature or size of the business. There can only be positive results from developing sustainability-from benefiting your own bottom line to benefiting tomorrow 's industry to benefiting the environment in which we all live (Crowther, D., & Aras G.,2008).