The Purpose, Impacts And Responsibilities Of Businesses

2310 Words10 Pages
The Purpose, Impacts and Responsibilities of Businesses

Aziken Ifeoma

P14128621

MSc Engineering Management

Green Business (ENGT5219)

2 March, 2015

SUMMARY: GREEN BUSINESS

The need for businesses to adopt a sustainable approach to the creation of goods and services has become paramount in recent years as pressure to employ strategies that reduce or remove negative effects on the environment increases.

In order for a business to successfully implement a sustainable approach to the provision of goods and services, they would have to take a critical look into the different aspects of day to day business operations, assessing these operations and re-modifying them to achieve standard sustainable practices.

Sustainability is a broad term and involves the integration of a host of strategies to achieve a desired outcome with regards to the way businesses operate. Strategies such as, green technology, eco manufacturing, eco machining, clean production and so on, have to be employed to alleviate environmental concerns such as pollution, material toxicity, greenhouse gas emissions and much more.

The challenge now for businesses is to redesign processes and practices that will result in less environmental and societal degradation, but at the same retain or increase their share in the global market.

CONTENTS

SUMMARY: GREEN BUSINESS 2
CONTENTS 3
INTRODUCTION 4
Businesses: Why do businesses exist? 4
IMPACTS OF
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