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Organisational Sustainability and Its Impact on Competitive Advantages

   

Added on  2023-06-05

9 Pages2394 Words343 Views
Discussion on
Organisational
sustainability and Its
impact on competitive
advantages

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Task A..............................................................................................................................................1
Task B..............................................................................................................................................2
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4

INTRODUCTION
Sustainability is the concept where companies mainly focus to use their natural resources
in such a way which will help to meet the needs and wants of their current generation without
compromising the requirements of future generation (Scoones and et. al., 2020). There are
various kinds of activities which can be followed by companies to maintain their sustainability
and CSR. CSR activities are not only related to environmental benefit but it also consist of
providing benefit to general people like avoiding child labour and many others. In context of an
organisation, the sustainability will help them to gain good brand image and effective
organisational growth by gaining the trust of customers. The following essay covers the
perception of sustainability which covers description of climate change, eco-friendly,
demographics and the impact of sustainability on organisational long term competitive
advantage. It also covers fundamental actions that can be taken for a business to success through
a difficult and changing environment.
MAIN BODY
Task A
Climate change refers to that situation where the weather become extremely hot, cold,
more diseases which harm the health of common people and economic cause. There are various
kinds of reasons for climate change like using fossil fuels unnecessarily (O’Neill and et. al.,
2020). Few other causes of climate change are global warming, wildfires, heat waves, floods and
many others. All these causes have negative impact upon a business. For example, due to flood,
the customers mainly spend their savings to purchase necessary ingredients and they will not
spend much to purchase products and services. Due to flood, earthquakes and many other natural
disaster the economy of a country gets decline and declines economy is not good for any
company to get survive. Global warming is the condition where earth's temperature get
increases due to various reasons and this happen for longer period of time (Alfonso, Gesto and
Sadoul, 2021). Due to global warming which means excess heat on earth, the labours who are
working at factories will get health diseases which further affect productivity of a company.
Human activities are considered as main cause of climate change. Increasing in carbon emissions
which is caused by petrol vehicles, burning plastics, cutting down trees for making buildings and
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