Sustainability Analysis And Reporting System Essay

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

The analysis will focus on some key aspects such as; the overall plan, products/services sustainability, human resource relations, customer’s relations, environmental concerns, and the company social responsibility to the company. Descriptive analysis will help appraise of the company’s sustainability strategy. The critical analysis of the company’s sustainability will help in coming up with conclusions about sustainability of the strategy, and give insights on how the company can improve its sustainability strategy. There are also various recommendations based on these conclusions (Heslin and Ochoa 2008).

Business sustainability, which originally was viewed as a question of corporate governance, has now emerged as a central, multifaceted theme of the twenty- first century. It is now the responsibility of corporate boards and managers to focus on business sustainability by creating enduring value for shareholders and managing the interests of other stakeholders, including creditors, employers, suppliers, government, and society at large.

The idea of sustainability has become an increasingly common term in the rhetoric surrounding business ethics, as corporates are gaining broader acknowledgement of this pro-active method which guarantees business long-term viability and integrity by focusing on the triple bottom line. In business, the three aspects of sustainability include social, economic and environment.

While navigating the geographical factors and location for an international business in Brazil, a conceptual model for corporate sustainability is offered in the article, “Integrating sustainability into business practices: learning from Brazilian firms," Petrini and Pozzebon (2010) list the influential factors of three categories: corporate view, organizational structure, and organizational mechanisms that organization must contend with. On the global side of corporate sustainability is the prevalent theme of corporate social responsibility, or CSR. CSR and sustainability both take into account environmental, social, and economic dimensions to effectively sustain the corporation into future endeavors; CSR proponents, whether they be industrial, scientific, or environmental, understand the increased sales and profits identified with this theme, but now the sustainability and development of the business itself are also being seen through the eyes of CSR (Petrini & Pozzebon, 2010). The corporate view from the top needs to develop an organizational structure to allow implementation of a set of organizational mechanisms that will legitimize and consolidate the integration of sustainability; the authors also point to the leadership in the corporation providing a clear definition of sustainability’s role within the firm, and recommend that a system of recognition and valorization of sustainable practices and initiatives needs to come from the

Sustainability implies that the organization is managing in economic, ecological and socially competent ways. All organizations range on a continuum of their sustainability level with some being more sustainable than others. Generally, as Dunphy, Griffiths and Benn (2003) point out, the more sustainable an organization is, the more it helps the surrounding environment, be

Sustainability reporting in the United States is still a work in progress. While more countries around the world are requiring companies to report the effects of their business activities as part of their annual report, this practice is still voluntary in the US. Even though sustainability reporting is not required, companies generally disclose sustainable information on their websites or through social media. Being social responsible builds a certain type of bond that brings internal and external stakeholders together.

The current study will support the need to create new, environmentally sustainable and socially responsive organisations, whilst enhancing company values (Closs, et al; 2011). Decision makers will develop a positive attitude towards sustainable development. It will present an opportunity for the organisation to be pro-active in discussing sustainability issues and it will also present an opportunity for the organisations to partner with

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.

A critical appraisal of social and environmental sustainability, its importance related to issues that can affect corporate social responsibility. The essay will evaluate specific ideas; provide evidence to support the recommendation, using relevant academic books, journals and articles where it is appropriate. Concluding this essay, there will be a critical appraisal of a company’s annual reporting, that may contribute to embedding sustainability in decision making, in the context of business practice.

The whole meaning of the book Embedded Sustainability: The Next Big Competitive Advantage is to learn about the incorporation of well-being, social importance, and ecological in the essential of business activities with no compromise in price or quality. The book shows readers that embedded sustainability allows companies to have a better turn out for a smarter way of producing products. It also allows companies to maintain a higher return for investors by reacting with new market strategies of lowering resources and raising customer expectations. In part one the authors begin with sustainability at the frontline of business.

There is a growing trend among companies to disclose and report their social and environmental impacts not only concerned with the financial performance of a company but its impact on society and environment. Thus, sustainability becomes an important issue. Sustainability is the capacity to endure and is the long-term maintenance of responsibility, which included environmental, economic, and social dimensions. It is mandatory for a company to disclose its sustainability information. In addition , the sustainability disclosure is based on a theory called "system-oriented theory", which includes three aspects:stakeholder theory, legitimacy theory and

In this era of sustainable development, companies have realized the importance of adopting a corporate social responsibility and contributing their part in the development of environmental sustainability in the community that they are a part of. However, what is interesting to note is that many companies have found the

Sustainability is not just a concept of being environment friendly but it is a contemporary of corporate social responsibility .The current world financial situation has put the limitations on sustainability

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