This paper discusses the sustainability issues faced by Plastic Collective, their strategies and practices to mitigate these issues, and the effective functions performed by the company. It also explores sustainability theories and the significance of sustainability in the modern world.
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Running head: Sustainable management and marketing Sustainable management and marketing2018
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Sustainable management and marketing Table of Contents Introduction.................................................................................................................................................3 Background and significance of the Plastic collective.................................................................................3 Sustainability related issues.........................................................................................................................4 Sustainability strategies and practices.........................................................................................................5 Sustainability strategies...........................................................................................................................5 Sustainability practices of the Plastic collective..........................................................................................6 Sustainability theories.................................................................................................................................7 Effective functions of plastic collective.......................................................................................................8 Conclusion and recommendations...............................................................................................................9 References.................................................................................................................................................11 2
Sustainable management and marketing Introduction Sustainability activities are used by every company to promote business internationally and to make favorable environment internationally. The main motive of this task is to evaluate and discuss the sustainability issues that is being faced by Plastic collective. It also explains the business activities and operations of Plastic collective and further discusses that how the company is maximizing its profitability and outcomes. The significance and issues of sustainability have been drawn in the task. The company uses innovative sustainability strategies, practices and theories to mitigate these sustainability issues internationally. Along with this, the functions that are performed by Plastic collective also have been discussed in the task briefly. At the end, some suggestions to maintain sustainability have been elucidated in the task. More detail of this paper has been discussed below. Background and significance of the Plastic collective The plastic collective aims to radically minimize waste plastic in remote societies, and empower people to seek new and innovative economies for their communities and provide state of the art methods, equipment, instrument and training for those who need it. The plastic collective has great and unique opportunities to minimize plastic waste. The main mission of the firm is to empower societies by transforming the plastic waste globally. It is noted that plastic waste is becoming an epidemic globally, with approx 370 million people on 4000 islands in the Asia Pacific region (Plasticcollective, 2018). It has been found that there are three pillars of Plastic collective solutions including new and innovative designs, empower people with knowledge and generate with reliable and practical methods and machinery. Louise started Plastic collective in 2016 to build and generate the Shruder-waste plastics, educational training packages and extrusion machine for remote societies. The aim of the firm is to eliminate the plastics leaking into the environment. To attain this, the organization has built educational programs and campaigns with tools, methods, training and equipment that would transform waste plastic into resource valuable 3
Sustainable management and marketing resources rendering income for societies. Louise has built a mobile recycling machine and an educational campaign monitored on the chemistry of plastics and how to convert waste into most valuable items in the global market. Plastic collective further introduced the plastic neutral certification for companies or businesses where they may offset the ample of plastic utilize through direct sponsorship of a Shruder program. Plastic collective goal is to render the Shruder program to approx 4000 remote and isolated societies where waste collection is mainly non- existent and convert the plastic waste economy (Plasticcollective, 2018). In today’s modern world, it is needed for every company to make unique and attractive products and services in the global market. Plastic collective is working towards the saving of people’s life by minimizing the waste material globally. It further helps in reducing and preventing the fossil fuels along with this, it saves and protects the energy in the competitive market. Plastic collective helps in providing safe and secure life to people by minimizing waste material and preventing the pollution across the globe. It is stated that Plastic collective further provides various employment opportunities and works towards the improvement of environment (Plasticcollective, 2018). Sustainability related issues In today’s modern world, ample of issues related to sustainability are being entertained by Plastic collective that have been discussed below. Community health and safety issue:One of the biggest issues that being faced by the firm is health and safety issue. Due to burning of plastics, tremendous health and safety issues are being dealt by the company while functioning. Along with this, the dumping of plastics encourages unsanitary conditions and maximized issues and risks of human consumption being ingested by fish and the ingested by people, specifically white bait-a general protein source in Asian countries (Plasticcollective, 2018). Collection and infrastructure issue:Due to expensive and ineffective transport costs and lack of waste management and infrastructure issues may affect the sustainability of Plastic collective company. It is one of the major sustainability issues that also affect the profitability and returns of the company adversely (Conserveenergyfuture, 2018). 4
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Sustainable management and marketing Deforestation issue:Deforestation has long posed a big threat and challenge to earth and further may influence the sustainability of the environment adversely. Due to deforestation, pollution has also been increased on the earth. Negative impact of tourism:It has been found that the aesthetic and visual effects from the plastic pollution on beaches and in waterways are harmful to tourism that may affect the tourism of the countries (Lessmann & Rauschmayer, 2016). Transitioning to a low carbon society:The climate change and globalization are the concerns of human practices which may put adverse impact on the sustainability of Plastic collective. When the environment changes and heat increases, it may cause a number of issues and begin to hamper the world in which people live (Ibrahim & Jaafar, 2016). Loss of biodiversity:It is another cause that impacts on the environmental sustainability. Habitat deconstruction is a primary cause for biodiversity loss. In addition, Habitat loss is caused by deforestation, global warming, pollution and overpopulation. All these sustainability issues affect the brand image and reputation of Plastic collective adversely (Inhabitat, 2018). Sustainability strategies and practices The sustainability strategies and practices for Plastic collective have been discussed below. Sustainability strategies Recycling strategy:The various studies show that recycling is one of the significant strategies that help in reducing waste material. Recycling may be defined as a process of converting waste materials into new objects and materials. It is an alternative to transform the waste disposal that may save material and further help to reduce impact of green house gas emission. It is more significant and unique to attain sustainability and to uplift profitability in the market. The recycling helps in increasing economic security by drumming domestic source of materials. Along with this, it also prevents pollution by eliminating and minimizing the need to collect raw materials (Orsato, 2009). Reduce wastage strategy:Plastic collective can use reduce waste strategy to detect and prevent sustainability issues at the workplace. Recycling waste is a combination with recycling may reduce and eliminate the methane emissions, maximize the forest carbon sequestration and save 5
Sustainable management and marketing energy. Apart from this, the waste reduction steps or actions such as choosingitems in less packaging, recycled items and buying fewer goods and services that could end up in a landfill. If Plastic collective focuses on the reduction of wastage then it can maximize the scope of gaining rivalries benefits globally. Clean the air:It is innovative strategy that can be implemented by the company to detect and handlesustainabilityissues.Thisstrategyfurtherhelpsinmakinggoodandfavorable environment in the country. Food service:It is noted that food waste hamper the health and wellbeing of people globally. Thus, the company must use organic food, vegetarian dishes, fresh snacks and meals. It will furtherhelptoreducesustainabilityissuesandthecompanycanattainrivalsbenefits internationally (Albino, Balice & Dangelico, 2009). Sustainability practices of the Plastic collective It has been noted that sustainable practices policies set the goals and objectives in the nine areas of sustainable practices including climate protection, clean energy, green building, transportation, sustainable, recycling, sustainable food service and sustainable water systems. Plastic collective presents its sustainability goals and strategy during its annual shareholder meeting (Willard & Hitchcock, 2009). Stakeholders are promoted and encouraged to suggest strategies and goals that the firm can present during the meeting. The company uses strategies that would help to reduce adverse impact of wastage in the global market. Plastic waste may direct impact on the health, safety and wellbeing of people. Many people diagnose due to plastic waste as it also may impact on the mental ability of the people adversely. The company protects the natural resources to keep clean and positive environment. It also focuses on the green house gas emissions by generating innovative and optimum resources. It makes strategies for energy and creating healthy food for the people in the competitive market. The primary motive of the firm is to maintain adequate and sufficient resources and minimizes the environmental footprint. Plastic collective has commitment to operate and manage in a manner that preserves and protects the various resources and reduces the wastage in the global market. The firm puts ample of efforts to attract top talent by generating a diverse and comprehensive company culture. The 6
Sustainable management and marketing company emphasizes social and environmental sustainabilityPereira (Eugénio, Costa Lourenço & Morais, 2013). Various programs in regards to sustainability have been implemented by Plastic collective. It has been reported that the organization is dealing with dangerous material in an effective and unique way. It further focuses on the air and water pollution along with this, waste management has also been implemented by the company to control and reduces wastage in the global market. Waste water treatment facility has been offered by Plastic collective to make a dynamic environment. Its partner shop program renders free scoop shop franchise and additional assistance to non-profit organization (Porter & Córdoba, 2009). Managing the rivers to better meet both ecosystem and human needs and requirements is quite complex societal risk or challenge. Various initiatives such as processing, conveying, managing and collecting dispose have been done by Plastic collective to promote sustainability in the international market. All these sustainability practices are carriedout by Plastic collective globally that helps to attract more and more people in the market (Epstein, 2018). Sustainability theories Plastic collective uses ample of theories to protect the environment, some of the theories are drawn below. Natural capitalism theory: It is one of the significant theories of sustainability that is being used by Plastic collective in today’s modern world. This theory includes land, labor and manufactured capital that are considered for sustainability in the context of the society. This caused the natural capital to be avoided for a long time period and its sustainability not to be remarkable in the community. As a result, ample of natural resources are used without proper and effective management. This theory includes services and flow economy, investing in natural capital, biomimicry and radical natural productivity that could be utilized in order to maintain the environmental sustainability in the community. By protecting the natural resources, the firm can prevent the wastage easily and effectively (Bansal & DesJardine, 2014). 7
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Sustainable management and marketing (Source: Csdila, 2018) Balance theory:One of the fundamental theories that being implemented by the company is balance theory. This theory is used to prevent the plastic wastage and provides ample of benefits to the people by protecting the environment. The waste water is recycled and replaced by the firm to mitigate the plastic from the atmosphere. The viable steps are taken by the firm to enhance and improve the green working environment (Montiel & Delgado-Ceballos, 2014). Zero waste theory:This theory helps Plastic collective to attain and improve the sustainability globally. It is a significant factor that helps in declining wastages with addressing other sustainability issues. The main motive of the Plastic collective is to work ethically, efficiently and economically for attaining its sustainability objectives and goals (Linnenluecke & Griffiths, 2010). Effective functions of plastic collective Plastic collective perform various functions and operations in the competitive market. With effective functions, the company would not be able to achieve its long term mission and vision related to sustainability (Dangelico & Pujari, 2010). Following are functions that being performed by Plastic collective in today’s globalization world. Role of planning: Planning is a platform that provides right and adequate direction to Plastic collective to maintain sustainability in the environment. By using this function, the company would able to make unique and effective decisions globally further planning is needed to conduct business functions smoothly and successfully. It makes planning for waste water management, 8
Sustainable management and marketing pollution and greenhouse gas emission. Along with this, planning is effective and dynamic to protect the rights and interests of the stakeholders (Bassett & Shandas, 2010). Role of organizing:The Company is occupied in formulating the recycling of plastic water resources to reduce and prevent the pollution. Organizing is a tool that managers or leaders undertake to structure, design and manage the factors of the company’s internal environment to facilitate attainment of Plastic collective goals and objectives. Organizing crates the framework or tool needed to reach a organization’s goals and objectives. By using this activity, the company can easily allocate the resources to prevent the waste water effectively. The plastic waste is managed and controlled by the company in a hassle free manner with avoiding the insanitary environment (Guang Shi, Lenny Koh, Baldwin & Cucchiella, 2012). Role of leading: Leading is a dynamic function that exercised by the leaders or managers. Plastic waste is one of the significant key issues that being faced by Plastic collective. The company appoints dynamic and skilled leaders to focus on the activities and actions of the employees. There are various local bodies, municipalities, rules and regulations that have been governed to prevent and detect the wastage in the environment. It is noted that leaders play a major role to guide and assist the workers for performing roles and responsibilities smoothly (Wry, Lounsbury & Glynn, 2011). Role of control:The Company controls waste water and pollution by replacing and recycling the plastic waste. It is helpful to reduce the negative impact of pollution in the environment. It makes strategies to reduce water and air pollution successfully. Innovative technology is being used to recycle the waste water globally (Therivel, 2013). Conclusion and recommendations On the above discussion, it is evaluated that sustainability is essential to maintain a brand image in the global market. It is further analyzed that Plastic collective uses ample of strategies, theories, practices to reduce waste water and maintain sustainability in the environment. It is analyzed that Plastic collective uses Shruder machine to handle and manage the huge waste water in a lesser time. Further, it is imperative and essential to handle various sustainability issues in the environment. It is summarized that the company entail various functions such as leading, organizing, controlling and planning for operating and enhancing the business activities 9
Sustainable management and marketing effectively. Waste management and recycling activities are being used by Plastic collective to prevent waste and pollution in the global market. It is recommended that Plastic collective should focus on the various sustainability activities and operations to handle the wastages globally. The firm further must concentrate on the recycling and waste management to prevent water pollution. Effective and unique practices, approaches, strategies must be implemented within the organization in order to run the business successfully. Innovative infrastructure shall be used to increase awareness among the workers internationally. Optimum utilization of resources must be done and renewable resources shall be used to preserve energy. Along with this, innovative and unique technology and resources shall be implemented to conduct business in a hassle free manner. Along with this, the firm should focus on the leadership to assist and direct the workers towards the attainment of sustainability objectives and goals. 10
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Sustainable management and marketing References Albino, V., Balice, A., & Dangelico, R. M. (2009). Environmental strategies and green product development: an overview on sustainability‐driven companies.Business strategy and the environment,18(2), 83-96. Bansal, P., & DesJardine, M. R. (2014). Business sustainability: It is about time.Strategic Organization,12(1), 70-78. Bassett, E., & Shandas, V. (2010). Innovation and climate action planning: Perspectives from municipal plans.Journal of the American planning association,76(4), 435-450. Conserveenergyfuture., (2018). Environmental concern [Online]. Retrieved from https://www.conserve-energy-future.com/top-25-environmental-concerns.php [Sciencedaily.,(2018). Strategic to reduce environmental damage from dams[Online], Retrieved fromhttps://www.sciencedaily.com/releases/2016/09/160909112300.htm Csdila.,(2018). Natural capitalism [Online], Retrieved from http://www.csdila.unimelb.edu.au/sis/Sustainability_Theories/Natural_Capitalism.html Dangelico, R. M., & Pujari, D. (2010). Mainstreaming green product innovation: Why and how companies integrate environmental sustainability.Journal of business ethics,95(3), 471- 486. Epstein, M. J. (2018).Making sustainability work: Best practices in managing and measuring corporate social, environmental and economic impacts. Routledge. Guang Shi, V., Lenny Koh, S. C., Baldwin, J., & Cucchiella, F. (2012). Natural resource based green supply chain management.Supply Chain Management: An International Journal,17(1), 54-67. 11
Sustainable management and marketing Ibrahim, I., & Jaafar, H. S. (2016). Adopting Environment Management Practices for Environment Sustainabilty: A Proposed Model for Logistics Companies.Asian Business Research,1(1), 70. Inhabitat.,(2018). The world’s 6 most pressing environmental issues [Online], Retrieved from https://inhabitat.com/why-we-need-earth-day-7-most-pressing-environmental-problems- we-need-to-solve/ Lessmann, O., & Rauschmayer, F. (Eds.). (2016).The Capability Approach and Sustainability. Routledge. Linnenluecke, M. K., & Griffiths, A. (2010). Corporate sustainability and organizational culture.Journal of world business,45(4), 357-366. Montiel, I., & Delgado-Ceballos, J. (2014). Defining and measuring corporate sustainability: Are we there yet?.Organization & Environment,27(2), 113-139. Orsato, R. J. (2009). What are Sustainability Strategies?. InSustainability Strategies(pp. 23-42). Palgrave Macmillan, London. Pereira Eugénio, T., Costa Lourenço, I., & Morais, A. I. (2013). Sustainability strategies of the company TimorL: extending the applicability of legitimacy theory.Management of Environmental Quality: An International Journal,24(5), 570-582. Plasticcollective.,(2018). Our mission [Online], Retrieved from https://www.plasticcollective.co/mission Porter, T., & Córdoba, J. (2009). Three views of systems theories and their implications for sustainability education.Journal of Management Education,33(3), 323-347. Therivel, R. (2013). Strategic Environmental Assessment: An Overview. InStrategic Environmental Assessment in Action(pp. 19-31). Routledge. Willard, M., & Hitchcock, D. (2009).The business guide to sustainability: Practical strategies and tools for organizations. Routledge. 12
Sustainable management and marketing Wry, T., Lounsbury, M., & Glynn, M. A. (2011). Legitimating nascent collective identities: Coordinating cultural entrepreneurship.Organization Science,22(2), 449-463. 13