Ethics Sustainability and Social Impacts

This study material explores the concepts of ethics, sustainability, and social impacts. It covers the definition and theories of the circular economy, its development in different countries, and the barriers and opportunities for growth. It also proposes ways in which companies and local governments can support the development of the circular economy.

Ethics Sustainability and
Social Impacts.

Table of Contents
Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Assessment 2....................................................................................................................................1
1. Define and discuss the Circular Economy(CE) referring to theories......................................1
2. Developing Commonwealth country and respond to following task:.....................................3
a) Give an example about how circular economy is developing city.........................................3
b) Analyse the progress of circular economy in that focusing on barrier enabling factor to
create opportunities towards its growth......................................................................................6
3. Propose what companies (local and international) and local government can do (and how
and within what time frame) to support the development of the Circular Economy..................8
4. Report for Commonwealth Local Government Ministers Meeting on key and
recommendations for action.......................................................................................................9
CONCLUSION .............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Ethics and Sustainability are two different concept where norms, moral values of
philosophy that helps to govern people's behaviour towards conducting towards an activity. It
also focuses on improvising discipline behaviour that undertakes to abide positive type of rules
and regulations (D'Eusanio and et. al.., 2019). The term Sustainability focuses on meeting needs
about the needs that introduce without compromise and having ability to generation to meets
their needs and wants. The sustainability of composed of three pillars where economic,
environment development and having social impact which increase profitability, planet and
people. Sustainability objective is to helping business to better undertaking decisions in terms of
business activities, political, social, environment and human impact for long term perspective.
The company is effectively consider to main factor that simply emphasis to issued goals for long
term commitment accomplished (Fischer, Brettel and Mauer., 2020). In report, topics are
covering on Circular economy which referring theories from that it emerged. Developing
common wealth games to allows in analyse towards focuses on different barriers.
MAIN BODY
Assessment 2.
1. Define and discuss the Circular Economy(CE) referring to theories.
A circular economy is one of systematic approach, that depicts development towards
economic aspects which designed business, society and environment as it liner model to create
circular economy for effective design that gradually enhance some sort of growth from effective
consumption that relate with suitable resources.
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The economic circular is based on three principles that elaborates design out waste and pollution,
keep product and material which is used and regenerate natural system process. Moreover
circular economy that deliver benefits such as reducing pressure on the environment,
improvising about the security towards raw materials increasing competitiveness or stimulating
innovation boosting economic growth in additional growth. The Circular economic is having
theories that evolve from other aspect (Gatto., 2020). As the popularity concept of circular
economy is having different theory through policies of European Union which is treating such as
phenomenal. This project is related to introduce action program is essentials towards an
industrial service system that helps to offers redesigning material flows use of renewable usage
energy. As principles of circular economy is generates principles which terms as theories: Principles of Inputs: The first theory of circular economy, which provide understanding
about monitoring and controlling of resources that under control which helps to balance
where material system increase naturally. In this system, another use of this theory is the
use of maintain constant flow of resources that effectively maintain the flow of energy
and circulate the stock effectively. Some economic process focuses on ensure about
renewable materials and raw materials available. Thus, operation of the inputs side of
circular economic system requires where provision source is freely optimise political and
economic risks and effectively controlled by regulation of material (Goldman. ed.,
2020). It is also play role in primary basis to maintaining the flow of material increasing
the proportion about services. Thus, the operation about the inputs side of economics
system requires where possible to having better provision of energy sources to freely
control from political and economical risks. Principles of Sustainability Cycles: As per biological and technological cycle process to
close towards subsystem through having loops in significant duration. As per the
functioning of the economy but having especially growth depends on the amount where
resources are tends. In liner system, the resources essential about the production cannot
be obtained, the economy is grow or develop basis. Circular economic solution offers
direction which effectively ensures that these are factor which improves mechanism
(Jang. and Oh, 2019). The circular economic solution that offers direction for
development about ensures which available on highest possible level of material cycles.
The objectives is to release about new raw material of biological process through
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environment through the shortest cycle. The new product cycles about better circular
economic model which generated in technological by re-acquring resources where better
improvising better technological system. In corporate where circular design which is
having to better reduce energy consumption throughout waste in product life cycle. The
Waste free design principles that can be applied about better efficiency which is
recycling, planning, re-manufacturing, efficiency and flexibility of use. The essence of
circular operation for better sustainable cycles lies in design and product.
 Principles of Outputs: Through the increasing of efficiency system that accomplished by
accurately identifying the processes adhering towards the principles about adhering to
the principles where original circular design providing where better possibility redesign.
It involves planned use to land, avoid pollution, maintaining good health avoid the use of
generation and toxics substance avoid improper better business base solution that
utilisation system (Lee and Jung, 2019). In business innovation, the process about value
of chain that introduced into production. Furthermore this principles assists to implement
authentic raw material in product and services that generates possible way of positive
outcomes. The development is up to closed loop material flows which primarily within
more better sustainability in terms of financial. The Zero waste consumption which is
become essential and having flow to being proper regulation and flexible rapid
development within infrastructure. However, the new plan is generates sort of better
vision, mission and objectives for economic system to effective consumption.
Evaluation:
As per above situation of circular economy that allows to development political, social
and environment where to promote renewable resources for further using that creates benchmark.
By considering theory of circular economy which helps to assists for more comparative situation
that regulates in positive outcomes scrutinise information within waste free principles to freely
enhance to generates renewable resources of systematic use better flow proper regulation in
work.
2. Developing Commonwealth country and respond to following task:
a) Give an example about how circular economy is developing city.
As per developing countries are one of effective potential that undertakes advantages of
the new economic opportunities. The large informal sector already practise within activities in
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which some areas electronic waste and improve materials. For example, it engage in higher value
circular economy having supply chain. It creates an advantages where some informal sector
having already practise to enhance circular activities (Nicholson and Kurucz, 2019). While
enabling on right condition, but the circular economy which effectively generates new
opportunities for economic diversification that having value creation and having better skill
development. With having enough investment that helps to developing countries like USA, UK,
Spain, Germany, Europe etc. These are developed countries in which circular economy tend to
promote their work activities in efficient manner. The Waste to energy having initiatives that
helps to using for better standard towards burning practise. For examples, the circular approaches
that can support to effective revolve in addition towards better job seeker and having employed
resources extraction and primarily process. For example. In today's scenario developed countries
and international region are use to traditional as well as natural resources where better free
environment to having concerned importance of developing circular waste and secondary
material. By considering automotive industry in which some company like Tesla, Hyundai, BYC
are manufacture electric based vehicles to manufacture and reduce fuel charges to making better
environment friendly.
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The efficiency of resources has long term part of development strategies to focused on
better sustainable development, poverty eradication and climatic changes allows significant
impact through realistic economic factor or growth. There is one role which plays an important
that is Sustainability Development Goals, adopted in United Nation 2015 to create more
sustainable world on particular target involves food waste. By the year of 2030, the world can
adopt some dynamic changes, from now situation as overall analysis digital technologies creates
their presence very effective manner for better reducing unsustainable consumption 2021. It is
rotation process of cycle is a new way of concept for creating value and ultimately prosperity. It
works on extend towards product development which having better improve designed servicing
and relocating end to supply chain towards belongings (Nikolaou, and et. al.., 2019). By using of
effectiveness through over and over that creates well balance to attain positive outcomes.
Through banning of plastics and promote recycling products to keep environment safe.
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Illustration 1: Development by Circular Economy, 2020
Source: https://resource.co/article/can-circular-economy-transform-
developing-countries-12309

Moreover, there is highly important of Circular Economy that enables to generates outcomes in
favour of multinational companies to making them involve contribution in society development
in further aspect to gain long time positive goals (Paranque and Revelli., 2019). Some countries
is mainly involves certain appropriate strategy to create their fulfilment in business expectation.
b) Analyse the progress of circular economy in that focusing on barrier enabling factor to create
opportunities towards its growth.
To analyse barrier for circular economy is only generates through Humanity which is
having waste problem that generates around of 1.3 billions ton waste trash per year. This leads
towards environment like ocean plastic pollution towards Western countries search for new place
to remove trash.
Barriers for Circular Economy:
 Meeting consumer within expectation for convenience: It coaches to every day people
to how live a trash free live through habits like bringing linen bags towards grocery stores
buying rice and other product and service from bulk bins (Provasi and Harasheh., 2021).
People uses plastic bags and other items which is harmful for environment as well as
more consumer of plastic could generate more illness or disease where regulatory
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Illustration 2: Circular vision of Sustainable
growth in 21st century, 2020.
Source:
https://www.uschamberfoundation.org/best-
practices/circular-vision-sustainable-
growth-how-companies-are-building-new-
21st-century

environment to keep bringing economy running. By forming some norms and regulation
where keeping environment to creates better environment friendly.
 Government Regulation can create waste: The laws and regulation towards
environment is unconditionally wasteful behaviour towards among companies and
consumer. This is common issue to composed in food and beverages segments. For
example, the expiration label often required to better protect customer but not having
requirement which creates difference in how food is stores (Rezaee, and et. al.., 2019).
But in reality the food are still varied for safe. Thus, for manufacture it could not
generates as per the expectation for manufacture quality of standard.
 Places in which lack of infrastructure: As per report, one third of plastic is not attained
to collected by the waste management system to having end in world's land, river and
oceans. If the situation would not be stable after few more years there would be more
plastic than fishes in oceans (Shahzad, and et. al.., 2020). But plastic can easily re-use to
create another product for better usage and it will not harm environment. As per more
than half of product in plastic can litters comes around from China, Indonesia and
Philippines to effective improvising waste management and recycling system in these
countries to create better difference on natural spaces.
 Recycling technology is not good enough: The most plastics which is easily recycled
are shredded and having reprocessed in lower value application such as polyester or
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Illustration 3: Platsics in Ocean, 2021
Source: https://www.salon.com/2019/04/22/how-
plastic-waste-could-destroy-the-earth-within-a-
few-centuries/

carpet fibber only 2 per cent are recycled into product of the same of similar quality. This
largely due to limitation about how plastic can be sorted by chemical composition and
better cleaned additives. The technology which can maintain the quality and purity where
it easily manufacture that willing to recycled use plastics. To activate technology at a
large scale it presumes the economic value of plastics incentivise through their recovery
and recycling in effectively.
 Using of wrong business type model: It is an expected that exceed of population 9.5
billion people by 2050. The rapid industrialisation towards developing countries like
China, Brazil and India. These global middle class is exploding through people where
they buy lots of more stuff to generate (Silva, Nuzum and Schaltegger., 2019). The
human development is bless along with threat also to environment perspective. Some of
fashion trend market generates better business model that benefits to companies as well
as consumer where use of single buyer. The battery manufacture that creates better
manufacture designed their product within similar mixture of chemicals.
3. Propose what companies (local and international) and local government can do (and how and
within what time frame) to support the development of the Circular Economy.
It is related with production and consumption on renusble and better sustain design. It
seeks to eliminate waste from the current liner production system that known take make waste
where raw material are extracted to eliminate grounds and not longer after getting thrown
through trash. The type of sustainable economy. There are five companies both large and small
base where they have begun implementing to circulate design their product and service.
 Timberland: From tires to Shoes
Timberland has partnered with Omni United, a tire manufacture and distribute to produce
footwear using recycle tires. Foot wear is one of biggest user of virgin rubber. Once Timberland
have stop to manufacture product life, they are shipped to recycling facility towards turned into
crumbed rubber (Venkatesh and et. al.., 2020). This crumb rubber is processed into sheet to
outsold of Timberland shoes.
 Johnson Controls: Recycled Batteries
It managed to better design within a battery that is 99% recyclable, an incredible feat for product
so chemically complex or hazardous. By encouraging consumer of conventional batteries to
recycle to received material to prevent hundred of millions batteries to reduces up landfills.
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 Vigga: A Shared Wardrobe
The shared economy is another excellence faction of circulation economy. Within a monthly
subscription to Vigga where customer get to use of 20% parts of clothing from children. If the
cloth does not fit size they pass on to store and buyer get another set and one size bigger.
 Raw for Oceans: Up cycling ocean trash into clothing:
Circular Economy with clothing line RAW for ocean which recovers plastic found on the short
line into wear able fashion such jeans, graphic t-shirts and even kimonos. This is accomplishing
to create plastics and turning down in fiber called Bionic Yarn.
4. Report for Commonwealth Local Government Ministers Meeting on key and
recommendations for action.
Overview of United Kingdom.
The United Kingdom is great Britain and Northern Ireland(UK) is an island country that
is link within north west of mainland Europe. It is made up of main land which is great Britain
where northern part of island. For recommending about better circulation economic for United
Kingdom 2020 Q4 gross domestic product which will remain 6.2% that below of 2019. To
enhance electric cars, solar panel usage of product and service, this can leads to reduce fuel and
pollution environment (Voegel and Voegel., 2020). As per local government in United kingdom
where they play an important role of lives citizen in six Australian states and having northern
sates and Northern Territory. The local government having main authority exists to provide
services towards local communities. Companies which are there in United kingdom presently
like specially automotive industry Aston Martin, Jaguar, Bentley etc they are using fuel gas,
petrol and diseal type manufacture cars, Due to high pollution rate increases in United kingdom
some ventures are tend to use Electric base vehicles for more comparative and influence to
protect the environment for further crises and polluted areas (Xu, and et. al., 2019). The action
undertakes by United kingdom government is to effectively maintained to scrutinize positive
way of outcomes. Circulation Economical plays an important role to enhance development in
environment or using of biological usage of resources in effective manner to well efficiently
mapped the criteria to accomplishing outcomes in all stages. Thus, usage of plastic, contribution
within society and promote ethical with sustainability activities which generates positive way of
impact in business as well as environment betterment.
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CONCLUSION
It is inferred about above report, explains about circulation economical in particular
society. There is three or four theories about circulation economy where it emerged within many
renewable and biological resources for environmental usage. By demonstrating circular economy
within examples which highlight different counties like UK, USA , Spain etc to developed
perspective. Further, companies are tend to support government local which accomplishing
outcomes and reduce the pollution in environment.
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REFERENCES
Books and Journals
D'Eusanio and et. al.., 2019. Social sustainability and supply chain management: Methods and
tools. Journal of Cleaner Production. 235. pp.178-189.
Fischer, D., Brettel, M. and Mauer, R., 2020. The three dimensions of sustainability: a delicate
balancing act for entrepreneurs made more complex by stakeholder expectations.
Journal of Business Ethics. 163(1). pp.87-106.
Gatto, A., 2020. A pluralistic approach to economic and business sustainability: A critical meta‐
synthesis of foundations, metrics, and evidence of human and local development.
Corporate Social Responsibility and Environmental Management. 27(4). pp.1525-1539.
Goldman, L.R. ed., 2020. Social impact analysis: an applied anthropology manual. Routledge.
Jang, Y. and Oh, Y., 2019. Impact of ethical factors on job satisfaction among Korean nurses.
Nursing ethics. 26(4). pp.1186-1198.
Lee, K. and Jung, H., 2019. Dynamic semantic network analysis for identifying the concept and
scope of social sustainability. Journal of Cleaner Production, 233, pp.1510-1524.
Nicholson, J. and Kurucz, E., 2019. Relational leadership for sustainability: Building an ethical
framework from the moral theory of ‘ethics of care’. Journal of Business Ethics. 156(1).
pp.25-43.
Nikolaou, and et. al.., 2019. A framework to measure corporate sustainability performance: A
strong sustainability-based view of firm. Sustainable production and consumption, 18,
pp.1-18.
Paranque, B. and Revelli, C., 2019. Ethico-economic analysis of impact finance: The case of
Green Bonds. Research in International Business and Finance, 47, pp.57-66.
Provasi, R. and Harasheh, M., 2021. Gender diversity and corporate performance: Emphasis on
sustainability performance. Corporate Social Responsibility and Environmental
Management. 28(1). pp.127-137.
Rezaee, and et. al.., 2019. Business sustainability in Asia: Compliance, performance, and
integrated reporting and assurance. John Wiley & Sons.
Shahzad, and et. al.., 2020. Impact of knowledge absorptive capacity on corporate sustainability
with mediating role of CSR: analysis from the Asian context. Journal of Environmental
Planning and Management. 63(2). pp.148-174.
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Silva, S., Nuzum, A.K. and Schaltegger, S., 2019. Stakeholder expectations on sustainability
performance measurement and assessment. A systematic literature review. Journal of
Cleaner production. 217. pp.204-215.
Venkatesh and et. al.., 2020. System architecture for blockchain based transparency of supply
chain social sustainability. Robotics and Computer-Integrated Manufacturing, 63,
p.101896.
Voegel, L.A. and Voegel, J.A., 2020. Social Entrepreneurship and Sustainability: How Social
Entrepreneurship Can Lead to Sustainable Development. Journal of Applied Business &
Economics. 22(11).
Xu, and et. al., 2019. Supply chain sustainability risk and assessment. Journal of Cleaner
Production. 225. pp.857-867.
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