Sustainable business: a sustainable business approach

Running Head: SUSTAINABLE BUSINESS 0
Sustainable business
(Student Name)
3/7/2019

SUSTAINABLE BUSINESS 1
Table of Contents
Introduction................................................................................................................................2
Aims & Objectives.....................................................................................................................2
Literature Review.......................................................................................................................3
Global warming......................................................................................................................3
Sustainability..........................................................................................................................3
Impact on 3ps.........................................................................................................................3
Role of Government...............................................................................................................5
Role of companies..................................................................................................................5
Critical Review...........................................................................................................................6
Steps should take by companies.................................................................................................6
Redefining the business..........................................................................................................6
Impact of Sustainable step on profit.......................................................................................7
Way to educate internal and external stakeholders................................................................7
Environmental Standards........................................................................................................7
Importance of promoting innovative strategies......................................................................8
Companies adopted sustainable practices..............................................................................8
Socially Responsible Investments..........................................................................................8
Recommendations......................................................................................................................9
Conclusion..................................................................................................................................9
References................................................................................................................................10

SUSTAINABLE BUSINESS 2
Introduction
Sustainable development is the growth that convenes the requirements of the current situation
without cooperation the capability of prospect cohort to convene their individual
requirements. It is perceived as the mean to achieve a balanced civilization that exists in sync
with their environment while at the same time it also progressing economically (Carley and
Christie, 2017). In the recent, the business evaluates the worldwide trade surroundings to gain
a company considerate of the chance as well as confront it present. They extend destructive
approaches for recovering each portion of their venture. To do this, the companies place a
comprehensive as well as incorporated tactical organization structure for put together with
executing the trade plan to adopt sustainable development in their business (Nilsson, Griggs
and Visbeck, 2016). One of the companies Woolworths Limited is one of the Australian
public corporations with the annual sales of over more than 30 billion. The corporation is
dedicated towards development of its surroundings footprints throughout a appropriate
sustainable tactics. The sustainable strategy of the company focus on many of the significant
issues related with environment, staff, public as well as economic responsibilities of the
business (Zhang et al., 2015).
In the following part there will be detailed discussion on the sustainable development and the
impact of sustainability on the environment and the benefit of sustainable development on the
growth of organization.
Aims & Objectives
Every individual are aware about the facts that business are working in the society and for the
society therefore, it is one of the major responsibility of the companies to keep their
surroundings healthy. The companies are using the natural resources, therefore it is one of the
objectives of the company to protect the resources and utilize the resources of the society in
effective manner. The main objective of the report is to analyse the sustainability
development issues faced by the society and steps taken to protect such resources in effective
and efficient manner

SUSTAINABLE BUSINESS 3
Literature Review
Global warming
The global warming refers to the rise in the temperature of the environment that is result from
the human activities as well as industries. It has develop into perchance one of the majority
convoluted issues that are in front of the globe privileged in order to defend the world as well
as the prospect. The earth has affectionate by 1 degree F over the past hundred years. The
global warming has much complication as well as has huge effects in the earth (Hughes et al.,
2017).
Sustainability
Sustainability refers to the utilization of resources in effective and efficient manner.
Sustainably include the process in which convene the need of the current lacking conciliation
the capability of the prospect cohort to convene their individual requirements. The
fundamental measure of the environmental sustainability ate those that are related with the
endowed environment managing putting the capacity as well as the eco-efficiency that cannot
be alters until the society changes the manner it produces as well as consumes ( Clayton and
Radcliffe, 2015).
Impact on 3ps
According to the survey it has been analyzed that only 28% primary producers accept that
human activities is one the major cause of climate changes that are compared to 58% of the
urban dwellers. The global warming affected the physical, peripheral as well as policy at
greater level. They are explained in below points:
Physical evidence
The reliable rainfall as well as predictable temperature ranges plays a crucial role according
to change in global warming. Due to the global warning, dissolve of glaciers will generate a
overabundance of the harms for the person sort as well as animals that are living in the earth.
The level of sea is rises due to the global warming that lead to the flooding that will in turn
make chaos in the life of human being. The global warming is also leading to more
evaporation that caused the rainfall at greater level. The animals as well as plants cannot
easily adapt to increase the rainfall (Epstein, 2018).