Sustainable Business Success From Ecological, Social, And...
1. Sustainable Business Success From Ecological, Social, And...
There are many ways to obtain sustainable business success from ecological, social to sustainable
economic growth. Many corporations have become more concerned with greater social
responsibility. High sustainable companies have stronger convictions in governance structure in
regards to the environmental, social and financial aspects of sustainability (Eccles, Ioannou &
Serafeim, 2012). Understanding how to have success and sustainability may pay off in the long run
of a company. Societal concern for sustainability has grown over the last few decades as leaders of
major corporations have been tasked with meeting expectations of a broad range of shareholders
while providing a return on profits (Eccles et al., 2012). Economic structures and policies of a
business set the stage for operations (Santa–Barbara Family Foundation, 2003). Impacts from these
operations can affect the environment, workers and economic well–being of the company and their
future. Common sense tells us, to preserve our future we must invest in ways that protect, conserve,
renew and regenerate our natural resources to allow our economy to be sustainable over time (Ikerd,
2006). Business acumen tells us this may not be economically feasible for a company to be
ecologically and socially sustainable at the same time, citing the inability to compete on the world
scale if they are forced to operate under rules that ensure ecological and social integrity (Ikerd,
2006). Creating a culture of sustainability
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2. Analysis Of Ray Anderson Inc., With The Help Of Carpets...
In 1973, Ray Anderson founded Interface Inc., with the help of Carpets International Plc. (CI), when
his former carpet employer decided to pass on the strategic opportunity involving flexible
floorcoverings for modern offices and companies. In 1994, Mr. Anderson shifted the company's
strategy with the hope to redirect industrial practices to focus on sustainability while continuing to
be a profitable business. This initiative was started with "Mission Zero."
"Mission Zero" was a challenge as well as a goal set forth by founder Ray Anderson to have
Interface, Inc. be at net–zero environmental impact by 2020. Since then this mission has been
modified to "becoming restorative through the power of influence." With this mission in mind, ...
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for various portions of the business. Interface Inc. is a carpet company, and although they built
InterfaceRAISE based on the successes they had in changing their company to a sustainable and
environmentally friendly business in a petroleum based industry, they don't allow much growth
outside of helping the manufacturing industry.
As mentioned before, InterfaceRAISE utilizes the successes and failures of Interface's path to
sustainability as examples to help consult other companies on their path to sustainability. In
addition, they only have one part–time employee and three full–time employees in this division to
build it to the $5 million business in five years. They could tap 20 "peer experts" from other
divisions of Interface; however, these experts can only speak to Interface's experiences with
sustainability. Interface's experience, although valuable, is traditionally only useful when consulting
with other manufacturing companies.
This leads to the second main problem: who is the target market? The middle–market approach casts
a wide net into company size and industries. Is there, or was there, a plan of who to start helping
first? The manufacturing industry is very large and most likely where they started when approaching
the sustainability consulting, but where do they want to go from there? In the case it mentioned that
"InterfaceRAISE's customers ranged in size from $30 million to $400 billion in revenues, and hailed
from a wide
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3. Impacts Of Sustainability On Business
This essay examines the impact of sustainability on business. A sustainable system generally can be
defined in environmental terminology as "a living system which operates in a way that it does not
use up resources more quickly than they can be naturally replenished; a sustainable economic
system operates in a way so that expenditures are either equal or less than the income." Sustainable
social systems maintain that all members are allowed to contribute, thereby synthesizing the final
product.
Corporate sustainability alludes to "an organization 's exercises, wilful by definition, showing the
incorporation of social and natural worries in business operations and in associations with
stakeholders". Each individual association ought to pick its own specific objectives and
methodologies as they relate to corporate sustainability, coordinating the association 's points and
aims and adjusting to the association 's procedure, as a suitable reaction to the conditions in which it
capacities.
Sustainable business associations take an interest in naturally neighbourly or green practices so as to
verify that all procedures, items, and assembling exercises adequately address current ecological
concerns while as yet holding a profit. Concurrently, it is a business that "addresses the issues of the
present world without bargaining the capacity without bounds eras to meet their own needs. It is the
system for assessing how to plan items that will compare to current ecological conditions
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4. How Business Is Not Sustainable
Every business is initiated and run with the aim of making profits. As such, every employer must
compel his or her employees to work hard to ensure that the business objectives are achieved.
Additionally, every business, whether big or small in size have come to the realization that the
traditional methods that were used to measure the performance of the business contribute little in
matters of the shareholders. Notably, much of the decisions and the policies were meant to ensure
that the company gunner maximum returns. However, it was without the consideration of the
stakeholders and the employees involved in the running of the business. Also, many are the times
when most employers forget to consider the environment that that their companies operate.
Resultantly, the environment ends up getting impacted negatively by the enterprise operations. This
means that the business is not sustainable. However, to ensure the sustainability of such a business,
the management department ought to put more efforts other than focusing on the profits. As such,
the overall management team has to consider every party involved in running of the company such
as the employees, stakeholders, customers and the society as a whole. By incorporating all these
members, the company will not only be taking care of its concerns but also the concerns of all other
parties that are involved in its success. Consequently, the company may perform better than its
average or gain the confidence of the parties
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5. Analysis Of The Private Company For Sustainable Business...
The private company for sustainable business development, Environmental Quality International
(EQI) has used its business methods to make Siwa oasis a business hotspot. EQI had started a great
deal of initiatives in Siwa Oasis since the company's president had discovered Siwa as a potential
gem (Story, 2009).Since the company's indulgence and success ventures, Siwa oasis has become,
metaphorically, a place oozing with honey, with other Egyptian businesses, being like bees;
metaphorically, wanting to jump in and get a taste of what Siwa has to offer. Siwa's potential has
now become its risk with the looming threat of environmental damage to the oasis, depletion of
needed resources, Siwa traditions being pushed to modernize, and EQI's stronghold on the Siwa
business market.
This document is a Risk Management Plan for EQI's Save Siwa Project. In this document is a risk
management process that will be used throughout the life cycle of the project. According to Hillson
and Simon (2012), the risk management plan bares the Project Manager responsible with the given
duty of maintaining the plan on its track throughout the project. With the risk management plan
being closely followed it is guaranteed that the risk process defined will be enough to deal with the
various levels of risk being faced by the project.
Project Description and Objectives
The Save Siwa Project's main goals is to bring awareness about Siwa's conditions in regards to its
limited natural resources and that
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6. Sustainable High Performance Is Only Achieved Via...
'In any work setting, sustainable high performance is only achieved via sustained social well being,
and vice versa.'
Professor Peter Senge's above statement has summarised the whole management of sustainability
course in a nut shell.
In all the units we studied in this course there is a specific focus on the people management skills to
achieve organisational sustainability as for an organisation to be sustainable it is its people or
employees that will make it happen also high performance can be only achieved through
enhancement of people related capabilities.
People–related capabilities where organisations need to focus are listed in the following chart by
Rees and Mc Bain in 2004.
A significant part of the estimation of individual related Capabilities comes from their social
complexity. Capabilities focused around associations, society, connections and schedules are formed
by social and historical incidents
Socially complex abilities would incorporate trust, positive working connections, and components
of an association 's notoriety with its stakeholders.
As sustained social wellbeing is directly connected to the following factors it is therefore the
evaluation and explanation of above comments will concentrate on the application of below
practices resulting in sustainable high performance.
Stakeholder Management
People Management or Human Resource Practices
Employee Engagement
Leadership
Stakeholder Management
As defined in Study guide (GBAT
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7. The Topic Of Sustainable Business Practices
Contemporary Management
Unit Code: BB209
Student Name: Ahmed Idris
Student ID No: MIT140612
Tutorial Time: Thursday 3.30– 4.30 Due Date: Friday 15 May
This report will rationally and reasonably discuss the topic of sustainable business practices. Firstly
this report will define what is meant by the term sustainability and its dimensions. Secondly
examples will be provided to illustrate the ways in which ExxonMobil is operating in an ethical and
sustainable manner. Thirdly this report will critically look at the area of environmental
responsibilities to an organizations and what ExxonMobil is doing in that aspect. Finally this report
will observe the importance for organization to be sustainable.
Sustainability according to ... Show more content on Helpwriting.net ...
(ExxonMobil Australia.)
Environmental responsibility
The oil tanker Exxon Valdez now formally as ExxonMobil had entered Prince Williams sound in
Alaska America on 24 March 1989. The ship unfortunately struck a reef, tearing open the frame and
discharged 11 million gallons of oil into the ocean and surrounding environment. Initial reactions by
Exxon and the pipeline company were poor to contain a significant part of the spill, and a storm
came spreading the oil significantly. Inevitably, more than 1,000 miles of coastline were
contaminated, and a huge number of creatures died. ExxonMobil wound up paying billions in
clean–up expenses and fines, and stays tied up in court cases right up till the present time.
(response.restoration.noaa.gov).
Right now, the commitment made to environmental responsibility by ExxonMobil stretches above
beyond the compliance with governing bodies requirements. The company contributes with a vast
range of organisations that conduct important environmental research, conservation and education
programs. ExxonMobil is dedicated to achieving high excellence and maintaining a standard in
environmental care throughout their operational activities in Australia and abroad. (ExxonMobil
Australia.)
The goal is to be constantly improving in regards to performance with the aim of
9. Sustainable Strategy- a Business Report on Marks &...
M002LON– Sustainable Strategy APR11 A Business Study Report On Marks & Spencers Plc. By
IRFAN BASHIR STUDENT ID: 3583591 Submission Date: 20 June 2011 Word Count:
2096(Without References & Appendix) Executive Summary | This document/report throws light on
the business environment of Marks and Spencers and the analysis of strategic position, strategic
direction, success criteria and backed up by future recommendations for the company based on all
the mentioned aspects. The frameworks used to analyse the company are: PESTEL Analysis.
Porter's Five Forces. SWOT analysis. ANSOFF Matrix. BCG Matrix. Porter's generic Strategy.
Bowman's strategy clock. Table of Contents Sr. No. : | Contents | Page no. | 1 | ... Show more content
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E Plan A. LIncrement in VAT, Laws. Internal environment: Moving ahead,in order to get the idea
about company's internal environment and its capacity to survive and prosper in the
market(Strategic capability), I analysed the resources and competencies(Appendix 3) ,the value
chain (Appendix 3),the Cultural Web(Appendix 5). To find out the influence of stakeholders on the
company I applied Power/Interest to the company and finally analysis of strengths,weaknesses
,opportunities and threats to the company(SWOT Analysis–Appendix 7) provide with clear idea
about the strategic position of M&S. Stakeholder mapping : the Power/Interest matrix. | Stakeholder
mapping identifies stakeholder expectations and power and helps in understanding political
priorities and underlines two issues: * The interest each stakeholder has in imposing its expectations
on the organisation's purposes and strategic choices * The power each stakeholder has to influence
strategy. (Johnson & Scholes 2011 : 143) M&S's Stakeholder map: (Figure 1) Low Power–Low
Interest – Even though M&S undertakes social responsibility and tries to gain focus of
people,distant community will have very low interest and low power on M&S's operations and
industry bodies like British Retail Association and Confederation of British industry might have
very low interest and low power. Low Power–High Interest– Non–core suppliers of M&S have high
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10. Business Strategy And Managing Changing Environmental...
Business Strategy and Environment
Article: – Business Strategy and Firm Reorganization: Role of Changing Environmental Standards,
Sustainable Business Initiatives and Global Market Conditions
Index
Sr. No. Description Annexure Page No.
1. Introduction "A" 02 – 03
2. Key Points "B" 03 – 06
3. Marketing & Sustainability "C" 07
4. Conclusion "D" 08
5. References
Introduction:
Business Strategy and Firm Reorganization in Terms of Environment Sustainability
Effective Business strategy is a key to success for any business organization, in this era of
Globalization and fastest communication ICT modes, while Business are getting faster and excess of
production with latest tools and techniques, the very same time issue of sustainability and
Environment is a growing concern. The early 1990 saw a worldwide economic slowdown, from
1980 is to 1990s price reduction and falling profits were the problems faced by paper and pulp
industry.
Therefore, in order to counter the problems that were being faced; Management of USA and
Scandinavia European countries with slightly difference of Methods and Technology and Research
and Development, found and implemented various methods in terms of Market trends, Cost–
effectiveness, Environment and Sustainability concerns, Supply chain Management and
Reorganization/decision making.
Although, the environment impact of Paper and
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11. Sustainable Development Within A Business
Sustainable development in a business, although a widely used phrase and idea, has many different
meanings and therefore provokes many different responses. Although managing the economic
bottom line and protecting social and environment resources is an important aspect of sustainability,
it is not the only aspect. For example, sustainability refers greatly to an accounting framework with
three parts: social, environment and financial. Commonly known as the Triple Bottom Line. One
business that aims to achieve this concept is Cascade Engineering. The CEO, Mark Miller (2014)
considers "the concept of sustainability as the three interconnected gears in motion". Each category
is an interdependent, innovation–enabling mechanism. Sustainability has been an often mentioned
goal of business, non–profits and governments in the past decade, yet measuring the degree to
which an organization is being sustainable or pursuing sustainable growth can be difficult. In broad
terms, sustainable development is an attempt to combine growing concerns about a range of
environmental issues with socio–economic issues.
The widespread rise of interest in, and support for, the concept of sustainable development is
potentially an important shift in understanding relationships of humanity with nature between
people. It is in contrast to the dominant outlook of the last couple of hundred years, especially in the
'North', that has been based on the view of the separation of the environment from
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12. Example Of Reflective Report
Reflective Journal From
E–nails
A Reflective Journal
By: Xiaochen Gong/ 99138745
Major: Hospitality Management
Date: 29 November, 2016
Academic Supervisor: (John O'Sullivan)
Organisational Supervisor: (Qian T)
Word Count: (1322)
Activity One: Reflections on My Performance Appraisal
From my personal perspective, the participation of the work involved a reconsideration of my own
identity and purpose, and the classification through of the different dimensions of my life. The key
determination of setting personal objectives and defining one's outcomes is the personality and self–
image which is of paramount of important to be aware of.
From my work experience in the E–nail shop, I considered that one of the key aspects of my
experience was to develop interpersonal working and the capacity to work within a group dynamic.
In terms of the development of individual skills, the resolution of issues, coordination of effort,
communication and skills of innovation are all skill which there is a growing demand for.
I have found a job in the E–nails shop which is located in Barrington mall from November 2015 till
July 2016. My position was a nail specialist doing both manicure and pedicure. As I have never
done this kind of job before, the supervisor gave me a one–week training on basic skill, such as nails
cutting, nails sharpening, nails painting, the process of manicure and pedicure. At first, it was really
hard for me to do the job well, but my supervisor was very patient
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13. Developing A Sustainable Business Practices Essay
Globally, organisations are being pressurised to adopt sustainable business practices to mediate the
impact on the environment in regard to issues such as climate change, population growth, poverty
and resource depletion (Gladwin, Kennelly, & Krause, 1995). The way different organisations and
industries integrate sustainable solutions into strategies, systems and technology, is dependant on
their particular structure and individual culture (Stoughton & Ludema, 2012); in addition to the
internal and external drivers, and barriers, that arise in response to dynamic economic and
ecological circumstances (Rauter, Jonker, & Baumgartner, 2015). As stated by Stoughton and
Ludema (2012), the motivational reasons organisations apply in pursuing sustainable initiatives are
varied and often antithetical yet typically fall into three categories of profit, legitimation or ethical
concern (Bansal & Roth, 2000); the barriers to operationalising sustainable initiatives are clustered
in the same categories. Sustainable development will remain as admirable intention unless the
motivations are operationalised and integrated into organisational strategy and culture, and in turn,
reified by stakeholder groups and individuals (Lueg & Radlach, 2016). Gladwin et al., (1995)
recognise that the situation can be shaped for mutual gain, as embraced by the sustaincentric
paradigm, whereby it is impossible to separate a robust economy from a thriving natural
environment. By aligning resource efficiency,
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14. Greenhouse Organics: A Sustainable Business Plan for the...
Greenhouse Organics: A Business Plan for the Leading Grower of Tomorrow
I. Introduction The current model of the global agriculture industry causes a host of environmental
problems and social problems, both in developed countries and in the developing world, and while
there are certain economic advantages to industrialized farming there are also major drawbacks and
inefficiencies (Bacon et al, 2012; Leder, 2012). Sustainable farming practices are becoming more
prevalent in some regions and have demonstrated a limited ability to correct some of the damages
and inefficiencies caused by industrial farming, however these solutions are not at all widespread
nor are they truly viable on a competitive market level (Bavec et al, 2011; Mincyte, 2011). A
combination of past and present solutions to agricultural issues will be used at Greenhouse
Organics, bringing the scale and market reach of industrial agriculture to the local level in a manner
that is more environmentally and socially sustainable by enabling year–round growing of all
products almost anywhere in the world. Though considered by some to be deceptively simplistic and
therefore prone to error in usage, the triple bottom line goals of economic, environmental, and social
success will help to guide this business and ensure continued sustainability in operations. The
economic goals for Greenhouse Organics are simple to state, if complex to actually achieve: this
new farming company and the unique methods and model it
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15. Nike's Public Policy Issues
In today's society the public plays a major part in any business because in order for a business to be
sustained there must be clients/customers that are contributing to the business. It's vital that
companies build their missions around focusing on the needs and demands of the customers.
Nike is a company that is continually evolving with the people and society. Nike engages in public
policy advocacy on a range of issues affecting their business, the industry and other areas of
concern. They use their voice to advocate, promote and protect our business objectives with
stakeholders around the world. Nike has developed its focus on six key public policy issues which
are as follows: trade, tax and intellectual property, employment, supply chain, sustainability and
sport. This is an international focus as their main goal is to be consistent across the board and across
the market. Although this may seem simple, it can be quite complicated in some areas such as
between trade and labor, or environmental standards, trade and poverty alleviation. It has taken
numerous discussions, debates and rigorous education to try and establish consistency globally and
to create a balance between different interests taking into account local, regional, global interests,
and cultural and political dynamics. It requires that a strong stance is taken through internal and
external consultation. (public policy and advocacy , 2015)
A second company that is also continually evolving with the people is
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16. The World Business Council For Sustainable Development Essay
Since the global financial crisis in 2008, the society's trust in organizations has suffered a great loss
due to the irresponsible actions of the organization. As the organizations are entrusted significant
power among the society, people are increasingly care about the behavior of the organization, in
other words, the society consider the organizations should take the responsibility to make an effort
to improve the society, environment and economic. For example, the World Business Council for
Sustainable Development (WBCSD) has outlined several environmental issues and has provided
suggestions to corporations in terms of not exhausting the natural resources. Due to the increasingly
consciousness of the whole world, this essay is focused on two main questions: Why some
corporations are not willing to take corporate social responsibility and why should they take the it?
Then, how can we measure an organization's performance in terms of social responsibility?
There are quite a lot theories related to corporate social responsibility, and enlightened self–interest
theory and managerial stakeholder theory are two major theories that prevent the corporation from
taking their social responsibility. Enlightened self–interest theory held the opinion that corporate
social responsibility will be taken and only will be taken when the corporation can be benefited by
the activity and shareholders' value can be increased, and this theory inevitably has a great impact
on most of the
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17. The Role of Eco-Entrepreneurship Education in Forming a...
AN ESSAY ON THE ROLE OF ECO–ENTREPRENEURSHIP EDUCATION IN FORMING A
MORE SUSTAINABLE BUSINESS AND FUTURE LOCAL ECONOMIC GROWTH
What is Global warming? What does it cause? How does it affect us? My essay will talk about the
current climate change which we are experiencing today. We have to face the challenges of climate
change because climate change is real, and global problems are now experienced in all parts of the
world. We cannot escape mother nature's wrath from every natural resources abused from throwing
small candy wraps in streets to our household garbage, from the pollution created by cars and big
companies. Now every bits and pieces of the garbage are all coming back to us in the form of flood
that clogged our drainage. ... Show more content on Helpwriting.net ...
Innovation according to Steve Jobs distinguishes a leader and a follower because in innovation you
create something new, it is different from an invention. Innovation is an insight or an idea that is
original and useful and in–demand, it is something that nobody had done before and it meets the
needs of the present. Innovation is usually a technology or it may be a process or a system that
provides a solution to a problem. The importance of eco–entrepreneurs and innovative initiatives in
the local communities of America could be the best prevention if it may not be a complete cure.
Eco–entrepreneurs are those people who can identify opportunities in the midst of an economic
downturn. They are creating a sustainable business and they conduct their business with love and
respect to our Earth and its people. Eco–entrepreneurs have a long term goal and they want a
sustainable business. An example of eco–entrepreneurs in the United States today, according to
Majora Carter (2010) in her talk on Ted there are three existing eco–entrepreneurs in the Unites
States of America today, for example our first eco–entrepreneur to create a new innovation that
could start the change in smaller communities is based in Chicago, Brenda–Palms–Barber, CEO of
Sweet Beginning, who is a manufacturer of honey–based skin care products but aside from her eco–
friendly products her company's real ministry is to train and employ ex–convicts who wants an
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18. Building A Sustainable Plan For A Business Model
Built to make profit, businesses/firms believed making money was their sole purpose–and their
business model made everything subservient to money and corporate greed. Only now, have we
begun to see and understand how irresponsible we have become and those business models may
make money but they are killing the environment. Here we will look at four businesses and their
different models that center around sustainability, caring about mother earth, and still able to make
money. The framework we will evaluate these organizations is through the triple bottom line
method, process improvement, economic development, and giving back (altruism), as well as, build
a sustainable plan for a company that had not implemented one in the past and is failing to accept
any environmental responsibility. Beginning with the triple bottom line approach, we see this
phenomenon discards the notion of top–line revenue/bottom–line profit and loss, we see companies
are responsible for three bottom lines: people, planet and profit. Triple bottom line companies are
responsibly sustainable; they benefit the communities, facilitate the development of better products
and services, and contribute to society. The question now becomes why not every company is
adjusting their business model to the triple bottom line. Companies like Patagonia are onboard with
this idea and they have been very profitable and highly regarded on Wall Street. Companies like
BASF and DuPont developed well defined that
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19. Objectives Of A Sustainable Business Participates
A sustainable business participates in environmentally friendly activities to ensure that all processes,
products, services and manufacturing activities adequately address ongoing environmental concerns
while still producing a profit. A business is sustainable if it has a minimal negative influence on the
environment, community, society, or economy. Businesses are green if they incorporate principles of
sustainability into each of its business decisions and activities. The business supplies
environmentally favorable products or services. In return, replaces the demand for products or
services that are not friendly to the environment. Each business should strive to be greener than their
competition. The business must also make a lasting dedication to environmental principles in its
business dealings in the future. Businesses should design products or services that will benefit the
current environmental situation.
The three r's of sustainability are reduce, reuse, and recycle. To reduce means using fewer resources
in the first place. A reused object is, simply put back to work, whether for its original purpose or not.
This is the most effective of the three R 's and the place to begin for each business looking to be
more sustainable. There are many things you can do to reduce waste at work. This may include
going electronic. This could include electronic filing, routing, and billing is also faster and can
significantly reduce paper use. Businesses should use both sides of a
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20. Nike 's Sustainable Business And Innovation Strategy Essay
Company Overview
NIKE, Inc. (Nike) is a publicly traded American multinational company in the sportswear and
apparel industry. In 2016 Nike Brand sales covered 47% of total revenue in the U.S. market and
53% of the market internationally. These figures show they are clear market leaders over their main
competitors Adidas, Under Armour and Puma. For the fiscal year 2016; total revenues were a record
high $32.4b and net income was $3.76b, up 6% and 15% respectively from 2015, showing a very
strong financial performance. As of May 31st 2016, Nike consists of 70,700 globally based
employees and operates through 1045 retail stores spread across 51 countries, with the headquarters
located in the US state of Oregon. (Nike Annual Report, 2016)
Investigation
Nike's sustainable business and innovation strategy is an explicit approach to rewiring the way it
does business, to keep the brand on track in light of upcoming resource constraints, continuing
supply chain challenges and changing consumer behavior (Salter Baxter, 2010). The main challenge
Nike is facing is the ability to maintain innovation and keep up with technological advances, while
continuing to build positive organizational growth.
Transformational and Transactional Leadership
As Nike say in their mission statement, their goal is "to bring inspiration and innovation to every
athlete in the world", and Nike co–founder Bill Bowerman clarifies that "if you have a body, you are
an athlete" (Mission statement). This
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21. Sustainable Business Practices : Monterey Bay Area Green...
This 3–day conference welcomes a range of local, nationwide and international Food and Beverage
profit and nonprofit organizations whose goal is to have sustainable practices in their business. Their
sustainable business practices could minimize materials used, offset carbon emissions, provide mass
amount of jobs locally and donate to the local communities. Some of the top recognized
organizations include Center for Food Safety, Eco Agriculture Partners, Farm Labor Organizing
Committee, Feeding the 5000, Food–X, Food & Water Watch, Sustainable Harvest International,
California Sustainability Alliance, US Green Chambers of Commerce, Santa Monica Green
Business Certification Program, Monterey Bay Area Green Business Program, USGBC Central ...
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Organization will also present different ideas and discuss strategies focusing on green businesses for
the future of "Going Green" by recycling, conserving energy and water, and using smart technology
to implement the sustainable business practice solution for their own company. And as one united
group, all members can achieve the same goal no matter what country they are from and contribute
themselves to help the planet together throughout the event activities, presentations and special
guest speakers that encourages feasible techniques among attendees.
Host City
The conference will be held in Long Beach, CA. Because Long Beach is one giant playground
located right in the heart of Southern California. Here our guests can experience many different
outdoor activities from a deep sea adventure at the Aquarium of the Pacific right on the bay and a
voyage in time aboard the historic Queen Mary to lively guided tours through downtown and the
colorful East Village. The city also has many events held each year. There are also many restaurants
and shops located around the coast. Around "The Pike", people can also find some arcades, food
stands, gift shops, and a variety of rides for some fun. It also has the United States' second busiest
container port and one of the world's largest shipping ports. Long Beach also prides itself on being a
green, sustainable community. As a city, it has already achieved and surpassed California's 50
percent waste diversion
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22. Ivy Wigmore: What Does Sustainable Business Mean?
What does sustainable business mean? According to the author Ivy Wigmore, "Sustainable business
is the management and coordination of environmental, social and financial demands and concerns to
ensure responsible, ethical and ongoing success"(Wigmore, 2013). Sustainable business means to
me that building a sustainable business takes hard work and creativity to ensure that the practices
one institutes also makes good business and financial sense as well. The qualities that best reflect
this model are having a solid plan of action, good leadership, and one's business should supply eco–
friendly products or services that replace wasteful products and services. A substantial business plan
can sometimes be overlooked when a new start–up is looking for funding into their venture.
Although many businesses that start with a business plan, but not all business plans ... Show more
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The Flint Farmers' Market is still working on becoming eco–friendly at its new location in Flint. I
think that they could develop their research more on becoming eco–friendly within the Flint
community and master their skills to help persuade the community to become environment–friendly
as well. While reading the NPR story, I think that the Flint Farmers' Market is not reaching the
upper–class people residing in Flint so there needs to be some conducted research in how to gain the
attention of this specific groups of people. Also, have the upper–class citizens come to the market
and shop for their everyday needs and wants. The market only has a small portion of mixed low and
middles classes of people that shop there right now. I think that there needs to be more networking
with people in person and online to really sell the market practice to reach more classes of people in
the local areas surrounding the city of
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23. A Reinforcement Of Leadership Practices Essay
A reinforcement of leadership practices in the post–bureaucratic era has refined business
management sustainability from a monetary model to an environmental ideal. However, immense
contribution to business notions has renewed neo–classical principles. Therefore, highlights a
"hybrid" practice of the "Weberian" ecology and pecuniary "bureaucratic" advancements. (Clegg
and Courpassan 2004: pg.; 527). In this essay, I discuss that post–bureaucratic leadership practices
to an extent has contributed to managing sustainability as bureaucratic means remain prevalent.
Firstly, in section one, I assess the confines of groupthink encouraging a "fear of separation" in the
post–bureaucratic society, by drawing upon the opinions of Dimitroff, Schmidt and Bond (2005).
Juxtaposing, using the Columbian and the Challenger accident NASA encountered, I will contrast
groupthink's efficiency proving post–heroic forms impede on the management 's judgments, thus in
turn restraining morality. Complementary, I will argue the renewal of practices in post–bureaucracy
have "branched", however, are still integrated within bureaucratic practices manifested by Clegg,
Teo and Josserand (2006). Through this, I scrutinise the studies of Stubbs and Cockling (2008),
reviewing the inclusion of a sustainable business model through Bendigo Bank and Interface,
arguing that the adoption of leadership practices gives meaning to an organisation through the
combination of old and newly perceived principles.
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24. Green Business : Sustainable Business
Introduction
Green business also termed as sustainable business, is considered to be an enterprise which is
formed with basic purpose of minimal negative impacts on local or global environment, society,
community or in economy (Caprotti, 2012). Green business is one that strives to meet triple bottom
line. It is observed that green businesses often have human rights and progressive environmental
policies in their strategic frameworks.
In general, green businesses are those businesses which fulfill the following four criteria (Cooney,
2009).
1. The business is comprised of principles of sustainability and each business decision follows that
principle.
2. The business has the vision of supplying environmental friendly products and services that are
used as substitutes demand for non–green products or services.
3. The business is usually regarded as greener than traditional competition.
4. The business has made a continuing commitment to environmental principles in its business
strategies and operations as well.
The green business or sustainable business in any company has great participation in
environmentally friendly green activities in order to ensure that all products, services and
manufacturing activities address adequately current environmental issues while revealing profits in
their financial reports (Anderson & Anderson, 2009).
In other words, it is a business that addresses the requirements of the present world without being
compromised the capacity of future
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25. Business Model Innovation Is Imperative For A Sustainable...
1– BUSINESS MODEL INNOVATION Business model innovation is imperative for a sustainable
growth. More often than not, organizations determine their business structure with respect to what
they produce or manufacture or sell. Such perspective bounds their progress in a competitive market
or entering new geographic locations. Model innovation encourages transformational growth within
the organization. Business Model innovation is all about reengineering good old thoughts that had
been working for many years and rejuvenating them by masking with contemporary, present–day
perspective, and of course, keeping the customers' needs, the resources and processes in mind.
Albeit not an easy task to accomplish, however, the results are encouragingly dramatic. The
business model is essentially two elements – the value proposition and the operating model. Each
elements has further three constituents. The value proposition is sub divided in to – Target Segment
which explains who is the target market, followed by product or service, that explains what product
or service is going to be offered and then comes the revenue model, which defines the compensation
that an organization will get from its offering. The operating model is further categorized as the
value chain, cost model and organization. Value chain describes how an organization is planning to
transfer value against the commodity. Cost model explains the return on investment as the
organization delivers against a value transfer and
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27. What Makes A Business?
1. Effective business people realize that the soul of their business is found in making the correct
associations. Regardless of whether it is for potential business partnerships, deals, promoting,
inventory network administration or just to get away from the dejection of being an entrepreneur,
making associations is key for business development. "Even Sigmund Freud would admit that both
dreams and words could have various meanings. As with all words and dreams, they come with both
good and bad connotations." (Carsrud & Brannback, 2015) For those of us that are outgoing people,
this may come effectively. For some, it may not be so natural. To use Ms. Lee Padgett from Busted
Bra Shop for an example, in today 's quick paced atmosphere, one ... Show more content on
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" (Kawasaki, 2004) Creating a thought is an essential and energizing procedure yet just the start for
business people. They should form a thought into a promising open door through creative
considering, statistical surveying, aggressive investigation, and element business demonstrating.
Building a Minimum Viable Product is a system for staying away from the improvement of items
that clients don 't need. The thought is to quickly manufacture a base arrangement of elements that is
sufficient to convey the item and test key suppositions about clients ' cooperations with the item. To
use an example, Dr. Paul Thomas of Plum Health wanted to create his own market via bypassing the
medical jargon. It varies from the routine system of contributing time and cash to actualize entire
item before confirming whether clients need the item or not. MVP tests the genuine use situation
rather than routine statistical surveying that depends on studies or center gatherings, which
frequently give deluding comes about. The principal variant of an item is regularly alluded to as a
Minimum Viable Product, or at the end of the day, an item that has recently the center components
that make the item work. It can be a site or an application, yet whatever you do, keep it
straightforward. The term Minimum Viable Product was promoted when it was referenced as a
feature of the Lean Startup procedure. The Lean Startup strategy is about expelling waste when
assembling a
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28. Persuasive Essay On Sustainable Business
In a culture based on consumption and consumerism businesses are the forefront of society
providing every good and service imaginable. Although, in today's society there has been an
increase in significant issues concerning the ecology of our planet that have come along with this
consumer culture. With issues such a lack of clean water, lack of food, lack of energy and a rapid
decline in biodiversity. This rapid decline in natural resources is due to mostly to the over
consumption and alteration of the planet and its resources. Where do we start though in the process
to protect and preserve our resources? It starts with the very businesses that we all buy from; a
major part of our everyday lives and the largest consumers of resources businesses can play a large
role in sustainability and climate action. Increasing pressure is being put on businesses to create a
more sustainable society, this is being done through many business sustainable business efforts. To
achieve a sustainable business, it must first start with organizational change. Utilizing Kanter's
change wheel there are ten important pieces that successful sustainable business uses in order to
achieve their societal and business goals. The change wheel is an important model for businesses as
it offers a dynamic view based on real world businesses that it has worked for. I will talk about a
few of the most important pieces that every business needs in order to achieve change. The first and
one of the most
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29. Youtube : A Sustainable Business Model
Introduction
In 2006, Google purchased YouTube for 1.65 billion dollars. After the purchase, people around the
world were skeptical that YouTube would be a sustainable business practice for Google. In order to
utilize YouTube to make money, Google launched the Partner program, which incentivized original
content creators to share and promote their content on the site. Creators who wanted to be involved
became a YouTube Partner, and advertisers bid for ad slots on the most viewed videos and channels.
Partners then receive half or more of this revenue from YouTube as compensation for their work.
Google has used the money and attention YouTube is generating to experiment with different ways
of promoting content on it, such as live–streaming ... Show more content on Helpwriting.net ...
However, YouTube is not infallible. Since its inception, it has faced various issues that impact how
companies can use it to advertise.
The first challenge YouTube has faced is users blocking advertisements from appearing on it.
AdBlock, an extension for many popular web browsers, scans webpages for ads as they are loading.
Before the browser renders the page, AdBlock prevents the advertisement from being rendered. This
undermines the purpose of putting ad slots on monetized videos and YouTube's front page. As a
result of this, some advertisers are choosing to take their business elsewhere.
To combat this problem, Google developed a way for YouTube to detect AdBlock and present ads in
a way AdBlock couldn't detect. This rendered AdBlock ineffective on monetized videos and the
site's home page. To further combat the problem, Google disabled the "Skip Ad" button for users
who are running AdBlock. Realistically speaking, the developers of AdBlock will probably find a
way around Google's preventative measures, which will force Google and AdBlock into a game of
cat–and–mouse (Cervantes 1). To completely fix this issue, Google needs to address why users feel
the need to block ads. By doing so, Google can encourage advertisers to create better ads that users
don't find intrusive or annoying.
Another problem that YouTube has faced is how it should moderate and police the content that is
uploaded. Anybody can
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30. ANZ Sustainable Business Practices
"Sustainable" business practices are being touted, or even required, more and more by western
society. What is ANZ's sustainability policy and how is this congruent (or not) with cutting edge
sustainability thinking and theory. Does this thinking and practice change across borders? And if so,
how does the ANZ's Australian head office engage with it? Does what they espouse align with the
reality of their practice?
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 ... Show more content on Helpwriting.net ...
The Australian government is active in its move to promote and push for sustainable business
practices, one of their more recent resolutions is the Clean Energy Legislation, which is made of
individual bills covering levys on green house gases and fuel tax, this enforces corporations to
oblige and making a move towards being green (Griffiths, 2012). However this means that certain
organisations will do the bare minimum of what is required of them by law and nothing more. There
are other initiatives in place to encourage sustainable business practices which are not legally
binding, such as Sustainable Business Australia, who provide policy recommendations and
resources for sustainability challenges (SBA, n.d). Companies who become members with SBA are
held in high regards by their stakeholders as they abide by the recommendations regarding carbon
action and resource solutions. There is also an emphasis on the people, and their crucial role in
creating business value. Previously people were satisfied with just their basic needs being fulfilled,
but no longer, we now see Maslow's hierarchy of needs triangle unravelling as people require more
to feel satisfied with themselves and what they do in their work space (Kiel, 1999). With
encouragement from government and local communities, Australia is making an effort with great
determination towards having the best sustainable business
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31. Integrating Sustainable Business Practices to an Organization
In today's world of business the role of leadership team has been to integrate sustainable business
practices into the organisations and ethics are key agenda items (Smart et al., 2010).Businesses can
be tempted to make short–term gains by turning a blind eye to ethics that will lead to the loss of
reputation (Barman et al.,2010). Thierry Pilenko said that "It is in the power of the leaders,
stakeholders and employees to make sure that the ethics are the core values in order to maintain
good reputation". The ethics and the social responsibility are cooperative and a company that
acknowledges the importance of sustaining the environment and the people involved makes good
profit (Drotskie,2014,chap.5,p.92).The businesses that turned blind eye to ethics have faced the
consequences of losing their reputation and remuneration, for example American gas Organisation
took unethical decisions that left them being bankrupt (Drotskie,2014,chap.5,p.92).Makgoba stated
that South Africa has ethical dilemmas that results to the level of distrust for the government.
DESCRIPTION OF ETHICS, VALUES AND SUSTAINABLE BUSINESS
In business world it has become too easy to let small infractions slide by until they become big
problems (Templeton,2010).Ethics have become the core values that guide the managers,
stakeholders and employees how to behave in an ethical way and the values promote exemplary
behaviour in all circumstances (Pilenko,p.4,2011).Reputation is a priceless asset that most
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32. The Post Bureaucratic Era Of The Columbian And The...
The post–bureaucratic era has seen the augmentation of leadership practices cultivating business
sustainability from a pecuniary model to an ecological modernised ideology. Although, such
dynamic contribution to business dogma has transformed neo–classical principles. Thus,
exemplifying it as a "hybrid" form of economic "bureaucratic" growth and "Weberian" social and
environmental rational (Clegg and Courpasson 2004: pg; 527). In this essay, I argue that post–
bureaucratic leadership practices contribute to managing sustainability to an extent, as prior
bureaucratic methods remain interpolated. Firstly, in section one I evaluate the limitations of
groupthink cultivating a "fear of separation" within in post–bureaucratic era by calling on the views
of Dimtroff, Schmidt and Bond (2005) however, I compare its effectiveness through the Columbian
and the Challenger accident incurred by NASA, suggesting "post–heroic" forms of "group think"
encumber judgement of management limiting ethicality. Following this, I will contrast the argument
by drawing upon Clegg, Teo and Josserand (2006), implying that changes in practices within the
post–bureaucratic era have "branched" and remain interpolated with bureaucratic leadership styles.
In doing so, I will examine the writings of Stubbs and Coklin (2008), exploring the effects of the
sustainable business model through Bendigo Bank and Interface, advocating that leadership practice
contributes to the purpose of an organisation, through an
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33. Corporate Social Responsibility Or Sustainable Responsible...
1.2–HISTORY:
The evolution of corporate social responsibility or sustainable responsible business traces its
beginnings from 1950s, shows the modern era of corporate social responsibility or sustainable
responsible business. Definitions corporate social responsibility or sustainable responsible business
got expanded 1960s and late 1980s. After that till 1990 it had been properly defined and elaborated
by lots of researchers and now it has been transformed with new and detailed frameworks.
The term of corporate social responsibility or sustainable responsible business became known
during 1960 and after that era started to became a part of business entities with social and ethical
values. Then companies started to consider the importance of including ... Show more content on
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That study also elaborated that how government takes part in doing activities of corporate social
responsibility or sustainable responsible business.
Barnet (2007) stated that corporate social responsibility or sustainable responsible business
enhances the value of the firm and overall very much helpful in building strong relationships with
the stake holders.
Dahlsrud (2008) reviewed that all definitions of corporate social responsibility or sustainable
responsible business are very true representative of its activities and very much helpful for giving
the information to all stakeholders as they can get from any search engine.
Jensen (2001) stated about that as corporate social responsibility or sustainable responsible business
is a way to get engaged al stakeholders so in this way it is very much beneficial for a firm to make
such actions that are in the interest of a firm to make sure its success.
Scholar and cording (2006) told about lack of awareness what a customer have about corporate
social responsibility and this is the reason why these things are playing a barrier in success of a
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34. Sustainability, Leadership And Innovation : Keys For Success
Sustainability, Leadership and Innovation – Keys for Success
Throughout this paper I will begin to look at the sustainability that has been put in place for Garmin
International and how it affects the current and future leadership of the business. In addition to
contributing to sustainable innovation to keep the company relevant and successful in a competitive
technology race around the globe. This paper will focus on the keys for success that the company
instills into its manufacturing, employees and areas where the company is lacking focus. By holding
executive management accountable in regards to resources. Tracking the success of initiatives that
have been up in place for sustainability.
Throughout this course I have gained ... Show more content on Helpwriting.net ...
Another significant topic that was brought up in the class was geared around the cradle to cradle
product and process. Identifying that companies need to be mindful of where the products they
make come from and also go once out of circulation. This makes for a more sustainable business
model.
The organization that I have chosen to write about is my present employer. The reason for this was
because they currently have a sustainability plan in place, but I feel that there areas of improvement.
Garmin International currently has many different initiatives implemented into the business. The
first being the mission of the company. To be an enduring company by creating superior products
for automotive, aviation, marine, outdoor and sports that are an essential part of our customers '
lives. I feel that this statement is directed at being the best at everything we do, by pushing the
boundaries of product design, superior quality and best value. Over the past four years the company
has continued to accomplish their goals. There were no previous attempts of corporate sustainability
before the year of 2011.
Throughout this course I have looked over the corporate sustainability plan in correlation of the
textbook. Overall I feel that the plan that is in place touches on the main core tenants of the
business. Over the past five years the global navigation business has evolved with the introduction
of portable cell
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35. The Ethical And Sustainable Business Practices Of Patagonia
Major Points: The responsible company, a firsthand account of Patagonia's rise to become a leader
in sustainable business and environmental practices. This book goes over the ethical and sustainable
business practices that Patagonia has been using for the past 40 years. They started off as a small
company called Chouinard Equipment, they sold rugby shirts, ice axes, and much more basic
mountain climbing equipment. Throughout the course of this paper I will be discussing, Patagonia's
values, ethical framework, and the different elements that made them a highly sustainable business.
Patagonia realizes that much of the world's economy is supported by consumerism. They also know
that this unrelenting increase of 3 percent minimum growth is going to drive the entire market into
the ground. Three percent minimum growth relates to how much a company has to grow in order for
it to stay afloat within the market. This means that every single company in the world has to grow at
this rate. Which is completely unsustainable. The world in general according to Patagonia is "In
transition to a post–consumerist society", (pg.27, Chouinard/Stanley). As the world moves towards
this idea of post consumerism, companies must learn that in order to create a successful business
they owe not only their stockholders but the stakeholders. A stakeholder is anyone who is affected
by the company and its activities. The major groups companies typically focus on are: employees,
customers, communities and
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36. Walmart's Sustainable Business Development
Walmart's Sustainable Business Development
The purpose of this paper is to introduce you to the role of sustainable business philosophies and
practices of Walmart as well as looking at Walmart's strategic management perspectives and what
type of impact and influences they have on the external forces in the industry. While also focusing
on Walmart's concept of value creation applied to SBD (sustainable business development) and their
strategies.
Defining
Sustainable business philosophies are a system of fundamental or motivating principles that a
business handles in different areas of operation based on the actions or beliefs of that business. "For
businesses to have a sound business philosophy is the cornerstone of a successful business" (Burney,
n.d). The businesses philosophy is usually the company's mission and vision statement, which
explains the company's overall goals and their purpose of being in business (Burney, n.d.). Mission
statements are a guide for a company to develop and implement a corporate sustainability strategy
and are usually incorporated in a company's sustainability report (Epstein & Buhovac, 2014).
Sustainable business practices are when a business initiates environmentally–friendly operations
internally and externally to become a sustainable organization and to reduce their environmental
footprint by cutting down on waste (Belcher, n.d.).
Strategic management perspectives are how a company views and solves important issues in order
to reach
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37. Ethical Marketing Techniques And Its Effects On The...
To what extent unethical marketing techniques could damage the sustainable business environment.
Discuss.
Marketing is like a double–edged sword, if it is adopted properly, it will give profits to a company;
however, if it is used inadequately, it will give harm. It is undeniable that today's business operations
have more intense competition level against each other due to the advancement of technology that
allows people to receive more information. Marketing plays the key role in making products being
recognized by consumers. To get people's attention, some massages about the product need to be
sent to the target market. With the high level of competition, the unethical marketing issues arise in
order to make their own firms gain more ... Show more content on Helpwriting.net ...
To illustrate, the famous fast food restaurant, Burger King, used the famous clown character, Ronald
McDonald, from its competitor's company, McDonald's, in Burger King's TV advertisement. It is
obvious that the advertisement tries to communicate that even Ronald McDonald chooses Burger
King's hamburger (MARQUES, 2005). And, this is misleading as it effects McDonald's reputation.
In addition, this TV advertisement was banned in Germany and was a big discussion issue in
Netherlands (van Leeuwen, 2005; MARQUES, 2005).
Figure 2: Ronald McDonald visits Burger King advertising campaign
From: http://www.marques.org/Newsletters/Downloads/Issue%20No081.pdf
The sustainable business environment can be greatly impacted by these unethical marketing
practices. More and more companies use unethical techniques to market their target group, and
sometimes, to beat their competitors. Those companies may select the unethical way to do
marketing and may claim that it is technically legal as the action is not against the law, but it fails in
term of the ethical view. Nevertheless, it is not worth for those companies to apply unethical
marketing strategies as there are negative consequences from using these unethical tactics. Before
discussing about the negative impacts of immoral marketing techniques, let's take a look at the
sustainable business environment first. Lee Cockerell, the former executive vice president of
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38. Managing Sustainability For Building Sustainable...
There's growing interest in both general and business sectors for building sustainable organizations.
More and more big companies are investing big money on retaining employees, providing gorgeous
working environment and creating unique company culture. "Placing sustainability as central to
business strategy and top management support can be viewed as fundamental drivers to an enduring,
successful path to sustainable management" (HR's Role in Building a Sustainable Enterprise:
Insights From Some of the World's Best Companies, 2007). We'll talk about the HR's role in
building a sustainable enterprise and give two examples of how the IT giant Google and the
ubiquitous retailer Walmart do their job to keep their people and what does that mean to their whole
business and future development.
Introduction As of the progress of society and technology development, sustainability has become a
critical issue for the whole world as well as for the business. Although sustainability may mean
different things for different people, the ultimate goal is to "meet the needs of people today without
compromising
The ability of future generations to meet their own needs" (World Business Council for Sustainable
Development, 2005). For business, it means "company's ability to achieve its business goals and
increase long term shareholder value by integrating economic, environmental and social
opportunities into its business strategies" (Symposium on Sustainability, 2001). There
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39. The Sustainable Business Network ( Sbn ) Essay
The Sustainable Business Network (SBN) is a Not For Profit organization set in Auckland, New
Zealand, with the aim to accommodate a forum for those businesses interested in sustainable
development practice (Roper, 2004). SBN defines sustainable business as the "integration of
economic growth, social equity and environmental management" (Fosters, 2010). Members of this
social enterprise are offered support and resources to help minimize their environmental impact, as
well as networking opportunities, training and sustainability assessments.
CEO Rachel Brown founded SBN in 2002 believing "change was in the air" (Bradley, 2015),
making this a relatively new organization. It is based around a membership regime when the fee is
tiered based on the organizations previous turnover. By 2013 membership had grown to 500
companies.
Previous to 2002, there were any organizations similar to SBN and Roper (2004) states it wasn't
until 1999 people began following a labor government rather than the Neo–liberal New Zealand
Business Roundtable. The government influenced public policy stating in order to retain legitimacy,
New Zealand businesses needed to rethink role in society. Its likely this an explanation for the rapid
number of members.
Though they do not state their mission, the overall vision of SBN is communicated clearly, which is
to "to make New Zealand a model sustainable nation" (Sustainable Business Network, 2014). To
achieve this, they have outlined the four critical
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40. Bank Of America Sustainability
Review of Primary & Secondary Resources We started our research by finding a bank (Bank of
America) that is moving towards sustainability but has not started to apply these concepts into their
financial institution. We decided that Bank of America should focus on all the aspects of
sustainability meaning they should have a strong role in being environmentally friendly, they should
be socially sustainable, and should be economically sustainable. In our research, we looked at two
major things: the process of any company becoming sustainable and how a bank should become
sustainable in the financial world. We then decided the exact tasks that we want Bank of America to
do and began more research on each specific area. These tasks are:
1. Make the company more ethical by applying sustainable objectives to business strategies
2. Make the company "go green" by encouraging a greener environment inside the company as well
as making any future banks sustainable
3. Make the company more economically sustainable by making future financial transactions that
are sustainable
4. Monitor the company after the plans have been implemented.
In the following discussion, we explain the research that was needed to apply these sustainable
concepts to Bank of America.
Task 1: Make ... Show more content on Helpwriting.net ...
This protects both Bank of America and communities from being taken advantage of companies that
temporarily adjust their business plan to take advantage of Bank of America's sustainable initiatives.
Offering lower interest rates to sustainable projects will help to create more loans that Bank of
America could profit off from, shows Bank of America's commitment to implementing
sustainability into their business initiatives, and demonstrates to the public that Bank of America is a
member of the community that offers positive
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