The last few years have brought an understanding of the imminent pressure of water-related risks to businesses around the globe. Policy-makers and non-government organizations (NGOs) are also realizing the global concern of water-related risks as rising population counts, accompanied by the economic growth of emerging markets, continue to trigger the growing demand for potable water and food.
As a child, I used to watch movies on VHS and listen to music tapes on my walkman. At that time, I had no idea how the innovations and advancements in technology would change the landscape of how and where music is listened to. My first car had a tape deck in it. Now, vehicles come standard with iPod docks. This technological advancement has made it possible to reduce the size of music players as well as lessen the pollution and carbon footprint associated with music. Even though I still listen to CDs, a vast majority of my music collection is now stored in my iPod.
The ability of a company to be sustainable is no longer an option: it has become a necessity. In doing so, organizations must learn to prioritize the optimization of their supply chain operations. Today, major organizations worldwide are utilizing sustainability measures to reduce their carbon emissions.
The UN is no stranger to sustainable development. Over the years, the organization has been at the forefront of making environmental issues something the world should take notice of. One way of doing this was through the creation of the UN Environment Programme (UNEP) in 1972 to better promote sustainable development in the global environment. It works to assess, develop and strengthen worldwide institutions and programs that have a primary focus on the environment and sustainability.
Supply chains are businesses’ lifeblood—they are the means through which products and services are created and delivered to the customer. Supply chains are where one can see how raw materials travel and transform into goods. They also reflect companies’ value chains, indicating cash outflow from costs of raw materials and resources along with profits from customers’ purchase of their products.
The choices that we make on a daily basis can have a profound effect on our environment. Recently, my mom hired a landscape architect to spruce-up a very drab side yard and turn it into a relaxing garden. She wanted to replace a patch of sod with an eclectic mix of stone, bark, flowering plants, a fountain, a decorative bench and a rocking chair. These are the things one would expect to find in a quaint little Italian style garden.
There is no doubt that a large number of today’s world population takes into consideration the harmful impacts of their everyday socio-civic activities on the environment. The slowly diminishing natural resources due mostly to man-made errors have become a global issue that our world needs to address immediately. With this in mind, many organizations are now more conscious in their efforts to do their part in preserving our environment and its natural resources and, more importantly, lessen the carbon footprints they leave behind.
Businesses know the importance of sharing their environmental data; the collective information gathered helps bring about a solution towards mitigating climate change risks, lowering environmental impacts and increasing stakeholder confidence. The same premise applies to the cities where these businesses operate from and where employees of these businesses live.
The Industrial Revolution originated with Britain in the late 19th century.Through the nation’s massive reserves of coal and iron ore, the British created the world’s first large-scale machinery that led to establishing factories, facilitating mass production, and propagating economic growth.
Every organization needs to evolve along with its leaders and employees. When new technologies and new business strategies begin to emerge, a careful consideration of the implementation of new best practices is a must. Organizations today are starting to realize that adopting sustainability in their business agenda is imperative. According to the 2013 Havas Media Group Meaningful Brands research, companies with sustainable brands have outperformed the market by 120% and are more likely to increase sales during tougher economic times. The study also showed that during difficult financial periods, the importance of the relationship between brands and consumers is very crucial as sustainable brands can benefit from measuring, communicating and delivering increased well-being to their consumers.
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