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Business Sustainability: Analysis of Six Models and GKN British Limited

   

Added on  2023-01-09

7 Pages1320 Words94 Views
BUSINESS SUS-
TAINABILITY
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Table of Contents
INTRODUCTION...........................................................................................................................3
INTRODUCTION OF SIX MODEL..............................................................................................3
INTRODUCTION OF BUSINESS.................................................................................................4
ANALYSIS.....................................................................................................................................4
CONCLUSISON.............................................................................................................................5
REFERENCES................................................................................................................................7
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INTRODUCTION
Business Sustainability is generally regarded as a corporate sustainability which looks at
coordinating with the management and coordination of environmental, social and financial
demand (Dyllick and Muff, 2016). This project is based upon the GKN British limited. GKN
plc is a British multinational automotive and aerospace components business headquartered in
Red ditch, Worcestershire (GKN British limited . 2017). Two models which is selected in the
project are Five capital and Balance scorecard. This report highlights the briefing in regards of
six models and on the basis of two out of them in concentrated toward analyzing business on
basis of three term that is Environmental Impact, Responsibility and risk.
INTRODUCTION OF SIX MODEL
Triple bottom Line
The triple bottom line is a accounting framework which looks at measuring the three
element that is financial, social and environmental performance of a company over period of
specific period of time. Organization generally used to adopt these framework to find out the
performance in a broader perspective and to create the business value into the market (Hussain,
Rigoni and Orij, 2018).
The Five Capitals
As the name suggest these framework generally looks at managing the different sort of
the capital in the organization and to measure the same as they are improving or not. Five
different type of capital which are consider are Natural capital, Human capital, Social capital,
Manufactured capital and the Financial Capital of the company.
Natural Capitalism
Natural capitalism generally regarded as taking care of variety of natural resources which
has been used by organization to carry out different operation in market. Natural capitalism is a
way of valuing the natural and the human resources which used to offer the life supporting
ecological services which is generally used by the business in different operation (Kumar and
Sahoo, 2019).
Cradle to Cradle
Cradle to Cradle is a biometric approach which is generally used in designing the
products and system that used to models human industry on variety of natural process. Where
different material are generally viewed as a nutrients circulating. Cradle to Cradle is generally
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