The Impact Of Sustainability On The Business World And...

How Sustainability Is Used In the Business World and Professional Business Communication 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 theShow MoreRelatedSustainability Is Still A New Concept In The Lebanese Community.1043 Words   |  5 PagesSustainability is still a new concept in the Lebanese community. Since 2009, many initiatives took place to embed sustainability into businesses in Lebanon, by creating the Corporate Social Responsibility (CSR) Lebanon website and by making annual international meetings since 2011 to discuss sustainability in practice and not only in theory. Lebanese banks have been implementing sustainabil ity in their approaches, and they have been financing small businesses and start-ups to move into more sustainableRead MoreSustainability Revolution : Earth, The Plant We Call Home1537 Words   |  7 PagesSustainability Revolution: Earth, the plant we call home, is a complex system made of interdependent parts and pieces of life that are constantly changing. Earth’s planetary system has maintained a balance of dynamic equilibrium—it has been sustainable— since its beginnings about 4.5 billion years ago. This balance, however, has been progressively disrupted by us—humans— especially during the last few decades. Mother Nature has provided us with natural resources and the habitat for all species toRead MoreThe International Integrated Reporting Council Essay1613 Words   |  7 Pagesfollowed by the conclusion. Discussion The concept of The International Integrated Reporting Council (IIRC) has publicized the ‘Integrated Reporting Framework’. The definition of Integrated Reporting () has been classified as â€Å"a concise communication about how an organization’s strategy, governance, performance, and prospects, in the context of its external environment, lead to the creation of value over the short, medium and long-term† (IIRC, 2015). is a development on an integrated philosophyRead MoreCorporate Social Responsibility ( Csr )1696 Words   |  7 Pages REXL Group are a multi-billion, world-wide based company that provides infor-mation and analytics support solutions to business consumers for over 30 years within 4 dif-ferent market segments, recruiting over 30,000 employees in 40 different counties. The aim includes supporting better decision making, results and productivity with the businesses of their clients. REXL holds the vision for the long-term success of the company as: â€Å"Our vision is to be a world-leading provider of information solutionsRead MoreExecutive Directors : An Effective Business Model731 Words   |  3 Pages Executive directors have an obligation to act as financial stewards in managing and leading the organization to sustainability. Executive directors must ensure compliance with financial requirements and adherence to accounting principles. They are also responsible for ensuring fiscal responsibility and building public trust (Minnesota Council of Nonprofits, 2014). Leaders, including the board of directors have the obligation to ensure that financial resources accomplish their missions effectivelyRead MoreCorporate Social Reporting ( Csr )1556 Words   |  7 Pagesgrown skeptical of business in the wake of corporate scandals such as Enron, Tyco, and WorldCom followed by the sub-prime mortgage market, which have all gained large amounts of negative publicity. Stakeholders are more aware of the performance of companies along a broader set of metrics that portray the company’s operations in a more comprehensive manner that provides information about social performances and environmental performances. Much of the concept of corporate sustainability is rooted in theRead MoreCompanys Csr Sustainability Program1485 Words   |  6 PagesIV. Company’s CSR-Sustainability Program A. History The rising need for protection of intellectual property rights and improvement of public health lead the pharmaceutical industry to establish an agreement in 2001 with the World Trade Organization. In Sanofi’s earliest archived sustainability effort, Environmental Progress Report 2001, it states that Sanofi has taken initiatives to promote sustainable development as a reaction to the rise of wider and on going responsibilities. They have pursuedRead MoreThe Effects of Globalization1678 Words   |  7 Pagesshrinking or reduction of the world as well as an increased consciousness in regards to the world as a whole. Globalization is a term which is used in the description of changes in societies and the economy of the world which results in a dramatic increase in investment, cross border trade s well as cultural exchange. Globalization is dominated by nation states, economies of national and the cultural identities of nations. Globalization creates an interconnected world with a global mass culture whichRead MoreRunning Header: the Compare and Contrast of Andy Grove and Michael Dell1321 Words   |  6 Pagesthe field. Andy believed that building experimentation into the everyday business would someday be reason for market share recovery. Similar to Michael, Andy also thought like an outsider as he formulated his new business strategy. That outsider approach was the turning point in Intel’s legacy. Michael Dell forever defined consumer value. Michael understood that the consumer was the driving force of any successful business, and technology was no different. Often times when an organization producesRead MoreThe Sustainability Of An Organization Through Public Relations1289 Words   |  6 Pagesdetermine the sustainability of an organization through public relations however, this point will seek to outline how credibility within PR can reflect an organization. Public relations emphasizes its importance through credibility which can be displayed through the management of relationships and reputation. Credibility can be established through a variety of methods within an organization, one method is through Corporate Social Responsibility. This can be identified as â€Å"business practices involving