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Transcript of Sustainability
Our Future Looks Bright...
The main aim of business activity is to meet the needs of internal and external customers within the business, focusing on providing a product/service they require and adding value to resources.
Climate change: This is the significant and lasting change in the statistical distribution of weather patterns over periods, this can range from decades to millions of years. It may be a change in average weather conditions, or in the distribution of weather around the average conditions (i.e., more or fewer extreme weather events).
Outsourcing- increased globalization makes process more available. Beneficial in reducing operating costs, but could be used to bypass regulations on sustainability, has ethical concerns
Environmental Regulations: examples such as Kyoto Protocol. increased cooperation can help develop guidelines that improve sustainability that businesses must follow
Developing countries and higher demand- growth of the world economy increases demand for products as countries develop. puts further strain on sustainability and may lead to a change in focus for businesses
The Great Smog (1952)
Earth's climate is changing in ways that affect our weather, oceans, snow, ice, ecosystems, and society.
Human activities are contributing by primarily by releasing billions of tons of carbon dioxide (CO2) and other heat-trapping gases, known as greenhouse gases.
This graph shows the increase in greenhouse gas (GHG) concentrations in the atmosphere over the last 2,000 years. Increases in concentrations of these gases since 1750 are due to human activities in the industrial era.
Rising sea levels.
Changes in the patterns and amount of rainfall.
Increase frequency, intensity, and duration of heat waves.
The theory that a country that consumes goods and services in large quantities will be better off economically. Consumerism for example, is an industrial society that is advanced; a large amount of goods is bought and sold.
New technological improvements can be observed as globalisation creates a "smaller world". The pooling of ideas and resources can aid the development of new technologies which can be applied to the manufacturing process. This may aid the effectiveness of the sustainability of a business's operations .
Sustainability operations and Sustainable
Sustainable operations involve the way in which businesses evaluate their measure in how to prevent lack of future resources.
Sustainable manufacturing is the process that reduces any negative impacts businesses make towards the environment,
On a whole sustainability means allowing the current generations to meet their needs without comprising the ability of future generations to meet theirs.
CSR- Corporate social responsibility
CsR is a company strategy that focuses on investing in the way communities care for the environment, the strategy focuses on measuring value and looks beyond just making profit within a business.
The triple bottom line (also known as the 3 p's) sees people, the planet and profitability as equal pillars to a corporate mission.
Triple Bottom Line
There are two major problems with
consumerism. One being the mass
consumption and the idea in today’s
society that “more is better”;
Secondly the worrying rate
that consumerism is causing
the planets eco-systems to decrease
Industrial Revolution in the 18th century is a historical event which shapes the economy today. This event brought upon fundamental changes within the social structure and provided the start of new economic policies
From 5 December to 9 December, 4,000 people died from a environmental hazard of a layered fog caused by the huge amount of coal burning. This lasted over 4 days. 8,000 people died the following weeks after this event.
- Most people who died from 'The Great Smog' had respiratory problems and the elderly
As a result of this disaster; Clean Air Acts in 1956 and 1968 was passed by parliament
Technology and business activities are the cause of the rapid increase of consumption over the last century. Product and services are now easily accessible in large quantities from countries all around the world. Technology has also been able to establish connections with consumer goods as well as capital goods.
Brundtland Report (Our Common Future) was created in 1987 by the United Nations World Commission of Environment. This report is based on tackling environment issues.
Economic Development is improving the structures of both macro an micro economics in poorer countries.
Sustainability is not appropriate for every economic development organization for sustainable development to work - the economy would need to limit the resources used in business activity and mass consumption