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Sustainable Business Management: Waste Hierarchy Framework and Key Challenges

   

Added on  2023-06-07

7 Pages1591 Words441 Views
Business DevelopmentEnvironmental Science
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Sustainability Business
Management
Sustainable Business Management: Waste Hierarchy Framework and Key Challenges_1

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK...............................................................................................................................................3
Waste Hierarchy framework in delivering sustainability............................................................3
Key sustainable challenges..........................................................................................................4
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
Books and Journals:.....................................................................................................................7
Sustainable Business Management: Waste Hierarchy Framework and Key Challenges_2

INTRODUCTION
Sustainability business management can be defined as a means of operating the business
in such a manner that identifies that resources are valuable and limited. It is essential that
resources must be managed in a manner that sustains and develops value for the all types of
stakeholders that contribute to a business entity (Dal Mas and et.al., 2020). Managing an
organization sustainably not only create goodness to the local community and environment in the
long term, but also it brings greater profitability, staff morale and enhanced recruitment. The
report considers a case study on Amazon Company which is global technology organization in
United States. It is highly focused on the artificial intelligence, digital streaming and cloud
computing. The founder of this organization is Jeff Bezos. In the following report, an importance
of waste hierarchy framework will be demonstrated. Along with, key sustainability challenges
which are faced by the company will also be outlined as a part of this academic report.
TASK
Waste Hierarchy framework in delivering sustainability.
The waste management hierarchy can be explained as a conceptual framework created to
guide, together with rank waste management decisions at both the personal and professional
level. It indulges top priority in order to prevent waste, followed by reuse, recycle, recovery,
along with disposal. It supports to rethink the relationship with waste supported on five priorities
stratified in terms of what is appropriate for the environment. The waste management hierarchy
replaces the classical approach of managing change of “three Rs” (reduce, reuse and recycle)
which is expanding with two more phases that recover and dispose. In case of Amazon, it is
found that as the organization is facing challenges related to decarbonizing the economy, it takes
many steps to contribute towards to net zero carbon (Fernando, Jasmi and Shaharudin, 2019).
The company wants to create sustainability towards their key stakeholders that are customers,
employees and communities. Hence, it is vital for the organization to understand the concept of
waste management hierarchy as it contains several benefits through which the company can
serve while diminishing their waste output. The following is the explanation of five stages:
Reduce: The approach of waste management concentrates on preventing or reducing the
waste as much as possible. It promotes industries, governments and communities to
diminish their usage of virgin raw materials to make products and services. The key
Sustainable Business Management: Waste Hierarchy Framework and Key Challenges_3

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