Understanding and Application of Sustainable Approaches in Business Environment

Individual Report and Reflection

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
INTRODUCTION...........................................................................................................................4
PART 1............................................................................................................................................4
Understanding and application of sustainable approaches in business environment..................4
Analysing different approaches to CSR of companies with differences and measuring
strategies......................................................................................................................................6
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10
PART 2..........................................................................................................................................12
INTRODUCTION.........................................................................................................................12
Reflective Statement..................................................................................................................12
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16
APPENDIX....................................................................................................................................17

EXECUTIVE SUMMARY
Sustainability is an approach used by various organization for maintaining value
in the market with knowing about how firms works under economical, social and in
accordance to environment. Corporate Social responsibility on the other hand also a
business strategy used by various companies in order to gain knowledge about firms
working operations may ethical and beneficial for society and environment or not. From
the report it has been shown about understanding and application of appropriate
sustainable approaches used by organizations for effective working. Apart from this also
about strategic planning and CSR and after the implementation how effective may work.

INTRODUCTION
Sustainability is an impactful method used by many companies for easily doing
business in market and without harming or affecting environment, which aids in value
increase for firms. With the use of technique firms aims to make a positive impact on
environment and society as well as helps in improving company's effective working and
profit generation. On the hand CSR also known as Corporate Social Responsibilities is
defined as the strategy used for getting to know about company's operations may being
ethical or not while working in environment. It is also an important term for major
industries to operate under economy without hurting economy and also gaining more
customers. Apart from that CSR may also tend to provide good public image, increased
brand's recognition and grabbing large market share. The report focus on 'Hayward
Tyler' a leading brand in critical pumps based in U.K. 'Cisco' top leading brand in the
field of IT, networkings and cyber-securities and lastly about 'Marelli Motori' another one
of the top leading brands which falls under the category of electronic motors and
generators based in U.K. Analysis also delivers about sustainability and its approach
towards business management with various strategic planning and CSR challenges
required to be faced by firms. Lastly shows about reflective report on key success
development.
PART 1
Understanding and application of sustainable approaches in business environment
Sustainable approaches is defined as the strategies used by various
organizations for improving their sustainability and market value along with brand
reputation (Bachev and Terziev, 2017). Approaches used by 'Hayward Tyler'
Maintaining Culture: With creating and maintaining a culture in organization is
one of the main sustainability approaches used. As under this company aims at
providing an environment easily accessible for all the workers for operating.
Minimizing environmental impacts: The industry also aims at providing
customers with environmental friendly products and services. As well as decreasing
impacts of operations and products as whole.
Providing customers with proper secrecy: Under this ethical approach
enterprise tends to keep customers feedbacks and records private (Saint Akadiri,