The Concept Of Green Business

EST1 Task 1 Kara Kinikini Student ID: 265037 Business Management Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.

1. Discuss in what way an improved sustainability performance can benefit a company. Even with the current trend pushed by consumers’ awareness related to increasing sustainability throughout companies’ processes and activities, at the end, they always rely on profit to pay its employees, suppliers and shareholders. If we think with a strictly economic point of view, the first impression about sustainability is not a positive one. A simple thought might consider all the money spent with ISO certifications, GRI reports, cleaner production, and health and safety as an obstacle towards the maximization of profits or, at best, as necessary money used to fulfill all the legal requirements.

Big multi-national corporations have, throughout years, left aside ethics and morals to only focus on profit and market shares. In my essay, I am going to take Wal-Mart as an example. On November 25, 2012, fire consumed a factory outside Bangladesh’s capital Dhaka, in which 112 people (many workers from

Friedman argues that "only Because corporations are established to profit and shareholders invest money with expectations of a greater return, managers cannot be given a directive to be “socially responsible” without providing specific criteria of checks and balances to which needs to adhere. Therefore, it is imperative to the success of a corporation for managers to not act solely but rather to act within the policies of the shareholders.

Introduction This is a persuasive paper defining various business terms like corporate social responsibility and equal distribution of wealth. The thesis statement does state that the CSR programs are applied in various developed organizations to set an example for small and rising enterprises whereas the anti thesis statement is that there are no moral obligations felt by businesses to be involved in CSR. The financial aspect of CSR activities is also discussed; at times it is thought that involvement of business in any environmental friendly work may lead to higher costs whereas an opposite point of view is that CSR increases long run profit (Aras & Crowther, 2009). Now day’s Triple bottom line concept is aligned with business which is another

1) Research Question Why do Durban businesses choose to “go green” ? 2) Introduction Going green means reducing the overall environmental impact of your business. This term "going green” involves a few objectives such as improving the efficiency and reducing the energy consumption of the business, using sustainable materials and eliminating waste, complying with environmental regulations and buying green products, equipment and services. Global warming, if unchecked will ruin our planet. I believe businesses choose to “go green” in order to become more environmentally sustainable for the good of the environment. This will have a positive outcome on a business in terms of better publicity, an increase in profits and better consumer satisfaction, productivity and retention. Today there are numerous environmental issues, such as fracking, emissions from industries and manufacturing activities, this is when manufacturing industries and power plants emit high levels of carbon monoxide, organic compounds, and chemicals into the air. The burning of fossil fuels, cars, trucks, trains and many other transportation options burn many fossil fuels as emissions from the engines contain both primary and secondary pollutants. The use of household and farming chemicals, such as Crop dusting, fumigating homes, household cleaning products or painting supplies all release harmful chemicals into the air and cause pollution. These activities may adversely affect the sustainability of our

Organization will also present different ideas and discuss strategies focusing on green businesses for the future of “Going Green” by recycling, conserving energy and water, and using smart technology to implement the sustainable business practice solution for their own company. And as one united group, all members can achieve the same goal no matter what country they are from and contribute themselves to help the planet together throughout the event activities, presentations and special guest speakers that encourages feasible techniques among attendees.

Can a Company be Profitable and Environmentally Friendly? Marlene Hochstein 05/18/15 Research Paper McNutt Can a company be profitable and environmentally friendly? More companies are reporting profitability from environmentally friendly practices. When one thinks of environmentally friendly businesses, some companies come immediately to mind; Whole Foods, Annie’s, Seventh Generation, and Method, for example, are all known for their commitment to being green. However, there are other firms putting a lot of resources into planet-helping initiatives, companies whose green tactics are far less recognized, and may even come as a surprise to you. I will provide the research that I found about which companies are environmentally-friendly and how these companies are changing the standards of how energy and water can be used efficiently.

Intro: This report will aim to define responsible business, in relation to the vast range of topics such as Corporate social Responsibility/Corporate Citizenship, sustainability, whilst comparing these through academia and their different meanings relating to Responsible Business. Furthermore, this report will also aim to critically analyse climate change and its effect in relation to making Business more responsible as well as the drawbacks/opportunities this holds for business. Finally, this report will exploit the relation between government and Business; identify possible barriers for businesses through government via academic views and evidential impacts on businesses and how government supports business to create a more sustainable world, through incentives such as the climate change Act 2008.

International Human Resources Management Research International University of Applied Sciences Bad Honnef · Bonn Masters of Arts International Management Is GHRM applicable to be implemented in all types of business? Name: Hisham Reda Student ID: NEC2160104 Supervisor: Dr. Tina Huesing Date of Submission: 10.04.2016 ACKNOWLEDGEMENTS I know

One may be that profits will be reduced, if latest ‘green’ methods of production or waste disposals are always being purchased. Without high profits businesses will be less able to expand and produce higher amount and quality of goods. In many countries, legal protection of the environment is weak and inspection systems are inadequate. There will, as a result, be less risk of legal action and heavy fines against business activity in these countries. Furthermore, in developing countries it is argued that economic development is more important that protecting the environment. Businesses can achieve more 'good' by producing cheaply in these countries that if they were forced to always adopt the 'greenest' production strategy.

Recent studies in developed nation have shown that the international matter of greatest apprehension to people is the environment. Most people are now responsive that long-term financial growth, a high standard of living, and good public health cannot be continued unless we take improved care of the world 's environment. Businesses often unenthusiastically arc opening to reflect this awareness with management tactical designed to put up the environment. This process of greening strategy is shifting the way businesses function and look at their products. Further, Corporate greening is intricately associated with directive and pre-empting or near the beginning adaptation to further narrow events is often given as one motive for a pro-active

Introduction Going Green” is considered to be a new trend that some companies are pushing towards. Green business changes the principles, policies, and practices that will help improve the quality of life for customers, employees, and the communities. Companies are starting to find different ways like document handling, recycling, or becoming more energy efficient in order to be sustainable and to avoid any further damage towards the environment.

Introduction Green growth can be seen as a way to pursue economic growth and development, while avoiding environmental degradation, biodiversity loss and unsustainable use of natural resources. Making business sustainable is not just a moral choice. It’s a practical one. Being eco-friendly and socially thoughtful is an overhaul of what is known about business: it requires business owners to reconsider everything from suppliers to which products to stock on the shelves. Companies in every industry are re-evaluating their operations in order to become more ecologically conscious while remaining competitive. The results suggest that green foreign direct investment in HMIL will increase over the future period 2020, and that, as a result today’s vision will be tomorrow’s reality for Hyundai Motor India Ltd. and it is upto the government to encourage its growth.

● Set objectives & goals The firm could set its goal based on the ‘Triple bottom lines’ concept, which composed of economic, social, and environmental value. To illustrate, to become a green firm, the company cannot only focus on generating profits, at the same time, the company should make sure that the operation creates value to the society and environment.