Environmental Sustainability Assignment

Added on - 29 Apr 2020

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Running head: STRATEGIES FOR RESOURCE CONSERVATION AND RECOVERYStrategies for resource conservation and recoveryName of the StudentName of the UniversityAuthor note
1STRATEGIES FOR RESOURCE CONSERVATION AND RECOVERYAnswer of question 1 (Annual sustainability report)The reason of this report is to shed light on the sustainability report of environmental socialand governance factors of IBM, and show the risks and various opportunities those satisfies therequirements of the present without even compromising the capability of the future generationsin order to meet their own essential needs.IBM currently pursues the highest standards ofCorporate Responsibility from how they support and empower the workforce along with howthey connect to communities and also governs the organization. In this section details aboutIBM’s approach towards ESG factors are discussed (Conrad and Thompson 2016).For over 100 years, IBM has been delivering different values to the shareholders anddemonstrating them the sustainability of their operations in business and along with that, theircapability to transform the organization the way the global market and industry changes withtime. Currently IBM has almost 400000 workers and the organization operates in more than 175nations all over the world (Gericke 2015). Not only that, the organization has an integratedextensive supply chain of more than 14000 suppliers operating in more than 100 countries. Thedefinition of Corporate Responsibility by IBM reflects the expansive footprint and spansenvironmental responsibility; innovation in order to address critical societal needs in thecommunities they operate; social responsibility to the clients and the workforce of theorganization and along with it a culture consisting ethics along with integrity which is guided bya rigorous system of corporate governance which promotes the lucidity on a global basis. Tosatisfy the commitment towards environmental leadership, the organization has set targets fortheir environmental management system for climate protection, conservation, product-stewardship and pollution prevention (Conrad and Thompson 2016). Each targets of IBM are
2STRATEGIES FOR RESOURCE CONSERVATION AND RECOVERYtowards a specific intersection between IBM and the environment and that reflects IBM’sconfidence in its capability of having a positive impact on the particular issue. The way IBM hasestablished their environmental targets was the experience of the organization in determining thetargets for paper procurement. The primary suggestion was to require the use of recycled paperacross IBM. Global Procurement expressed some concerns regarding some IBM facilities whichwere located in various places where purchasing of recycled paper was not a valid option. Aftersome considerations Global Procurement and CEA decided that the target should be to use paperinitializing from sustainable sourcing (Chiappini 2017).To address the underlying issue, CEA realized the impact of the meeting for sustainablesourcing target would be much greater. This target was for IBM to obtain paper or wood basedpackaging from the suppliers who sourced from forests which are sustainably managed whensuch kinds of suppliers could be found. In some specific cases, setting targets were relativelydirect as doing the ‘Right thing to do’ was evident. After the discovery of hole in the ozone layerback in 1987, IBM decided to willingly eliminate the usage of Chlorofluorocarbon (CFC) by theend of the financial year of 1993. IBM actually invested over 100 million US dollars to find thesolutions that would eradicate the use of CFC commonly. Everyone from the organizations’president to engineers who are into research works everyone realized the gravity of the issue. Incase of global warming, for an example, it can be said that CO2 cannot be eliminated like CFCas there are various requirements of CO2 in the atmosphere as one of the major contributors ofthe whole energy infrastructure is CO2. IBM rather continued to continue their works regardingconservation of energy and making reduction in emission of energies.Apart from that there were several instances when making such targets became very difficultas science was more complex back in time and evolving rapidly. Back in 1990, such case was
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