The Topic Of Sustainable Business Practices

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).

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.

To begin, the Exxon Valdez Oil Spill was a man-made environmental disaster that occurred in 1989. On March 24, the Exxon Valdez oil tanker struck Bligh Reef and spilled 260,000 barrels of crude oil into the waters of Prince William Sound in Alaska (Piatt, Lensick, Butler, Kendziorek & Nysewander, 1990). Eventually, this oil spread across 30,000 km² of water, damaging ecosystems and marine life along the way (Piatt, 1990). Evidently, this oil spill is considered to be one of the most destructive man-made environmental disasters in history (Dimdam, 2013).

Twenty seven years ago, tragedy struck the cold Pacific waters of Bligh reef in Alaska. March 24, 1989 Exxon Valdez oil spill took place. It was a devastating and horrific event that took more life than you can could count within the same hour. It is said to be the cause of mischeck and improper equipment supply. The cause was so big, no one noticed it. Such a massacre of wildlife could have been avoided if only they took the time to care.

A detrimental event occurred within American borders off the coast of the usually pristine and beautiful landscape of Alaska. Our country’s dependence on oil for energy pushed for the exploration, exporting, and refining of oil in our largest state. The ship released around 11 million gallons of oil into the Prince William Sound waters; it was the largest oil spill in American history at the time. The cleanup was one of the most expensive endeavors, as the efforts cost around $2 billion over the course of an intense four summers (Tweed, 2014). 26 years after the incident, marine and terrestrial wildlife in the Alaskan

On March 24th 1989, the Exxon Valdez oil tanker ran aground in Prince William Sound Alaska, spilling roughly 10.8 gallons of crude oil polluting over a thousand miles of Alaska’s coast (Gerken, 2014). At its time, it was the worst oil spill in history, lasting for several days. It was caused by the negligence of the captain who was reportedly intoxicated at the time. The oil was very quickly dispersed over a wide area of land because of extreme tidal fluctuations and a storm several days after the spill (http://www.eoearth.org/view/article/152720).

On March 24, 1989 there was an Exxon Valdez oil tanker accident off of Alaska. The oil tanker carried around 50 million gallons. Of those 50 million gallons, about 11 million were spilled. It was a devastating spill that covered more than 1200 miles of shoreline with oil. Due to the size of the spill, a lot of time and effort was used to clean up the oil. About 10,000 workers, 1000 boats, and 100airplanes/helicopters were involved in the cleanup.

In 1989 the oil tanker Exxon Valdez ran aground on Bligh Reef located off the coast of Alaska. The Exxon Valdez spilled thousands of barrels of oil into Prince William Sound, which was the biggest oil spill to date. “Thousands of animals and hundreds of thousands of birds died in the days immediately after the spill. The fishing and tourism industries suffered losses estimated in the millions of dollars” (Loeb & McCall, 2008). The incident was investigated thoroughly and legal cases were pursued against ExxonMobile.

Until the Deepwater Horizon oil spill, the worst oil spill had been the Exxon Valdez spill in 1979. The Exxon Valdez spill also took place in the Gulf of Mexico and dumped around 190 million less gallons of oil than the BP oil spill. The first cleanup barge did not reach the site for 14 hours and by then, nearly 1,100 miles of shoreline had been covered in oil. This was the first oil spill that was responsible for the eye-opening controversy over the safety of deepwater oil rigs. With that being said, the impact of the BP oil spill is still in existence today. The economy suffered tremendously in the Gulf areas. The oil spill on the fisheries industry could total $8.7 billion by 2020, including the un-employment of 22,000 jobs. The spill was also a huge blow to the ecosystem on a global scale. Endangered sea turtles that had usually migrated to the Gulf from Mexico, South America and West Africa died in the spill. Bottlenose dolphins living in Barataria Bay, Louisiana had a 63% lower reproductive season compared to other dolphin species following the oil spill. Finally, the deep-water coral reefs were almost wiped out over an area three times larger than Manhattan. The results of the oil spill are not always readily visible for us to clearly see, but that doesn’t mean that they still don’t exist to this day. Additionally, it has been seven years since the oil spill and until 2015, the future of the two BP employees in charge of the rig at the time of the spill was unknown. However, on 3 December 2015, US federal prosecutors dropped the manslaughter charges against Donald Vidrine and Robert Kaluza, who were the two rig supervisors on the day of Deepwater Horizon explosion. This ended the United States pursuit of criminal charges over the BP employees. But, “The two supervisors still have to face allegations

The Exxon Valdez was an oil tanker that grounded in Bligh Reef in Alaska’s Prince William Sound on March 24th, 1989. The tanker ruptured its hull and spilled nearly 11 million gallons of Prudhoe Bay crude oil into a remote, scenic

The Deepwater Horizon oil spill has been recognized as the one of the worst environmental disasters, if not the worst, in U.S. history. On April 20, 2010, an offshore oil rig leased by British Petroleum’s (BP) in the Gulf of Mexico exploded in a ball of flames on, killing 11 employees. While much of the nation was riveted by the attempts to cap the mile-deep well, the hidden tragedy was the cloud of tens of millions of barrels oil that was slowly creeping toward land. BP and others would work for over a year to clean up the beaches and wetlands affected by the spilled oil. The impact of this was felt by costal wildlife and those who made their business working in the Gulf and along the shore.

On March 23, 1989; a 987 foot Exxon ship was carrying 53,094,510 gallons (1,264,155 barrels) of North Slope crude oil and was headed for Long Beach, California. Before that day, they transported more than 8,700 times over 12 years without problems.The Exxon Valdez grounded at Bligh Reef that day, rupturing 8 of its 11 tanks. These spilled about 10.8 million gallons of crude oil into Prince William Sound (Gulf of Alaska). No human lives were lost as a direct result of the oil spill, even though through clean up processes 4 people died. As a result however, there were many indirect and immense losses pertaining to humans and nature. (You can see one clean up event in the picture at the top,

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

This research is compiled to explain how good ethical practices and good values in business can yield sustainability within the business and the society as a whole and in order to do this the concept of ethical business practice and values have to be understood.