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Building a Sustainable Organisation: EV Industry and Individual Lifestyle Analysis

   

Added on  2023-06-14

10 Pages2595 Words419 Views
Building a Sustainable
Organisation

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
PART A...........................................................................................................................................1
Critical analysis of Electric Vehicle Industry and evaluation of their sustainability and its
impacts to reduce carbon emissions and slowing down climate change................................1
PART B............................................................................................................................................6
Examination of individuals’ current lifestyle and how could an individual comply with
sustainability ideas..................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
A sustainable business can be explained as the minimum negative impact or maximum
positive impact of the activities of an organisation on society, environment, economy and
community. Sustainability in a business helps the organisation to carry its activities wisely and
produce products and services without any negative impacts on the overall wellbeing of society,
environment and economy. This report will be evaluating the sustainability of EV (Electric
Vehicle) production and if they are truly sustainable or not. It will also, explain the impacts of
EV in reducing the carbon emissions and decreasing the global climate crisis. Moreover, this will
also demonstrate a reflection on individuals’ lifestyle and how sustainability can be achieved.
MAIN BODY
PART A
Critical analysis of Electric Vehicle Industry and evaluation of their sustainability and its impacts
to reduce carbon emissions and slowing down climate change
The definition of sustainability has been given by many authors and scientists with
different views and various compositions regarding sustainability (Wolff and et. al., 2020). In
true sense sustainable business can be defined as the ability of a company to keep the negative
impacts of their activities on environment, society and economy as low as possible or increase
the positive impacts on the welfare of the community, environment and economy.
Electric vehicles are the mode of transport that rely on the electricity and plug in charging,
involving vehicles run by batteries or hybrid electric vehicles and vehicles that are run by electric
fuel cells. The sustainable development of the Electric Vehicle industry focuses on benefiting the
society and economy in the long run. According to the researchers there are certain parties such
as government, industry and market that influence the production and commercialization of the
electric vehicle sector and the sustainability. It could influence the success of the electric vehicle
industry because they are the major players who are responsible for the patenting and prototype,
social impact, fuel run economy, investments, subsidiaries, and research and development of the
EV Companies and its role towards sustainability. If the major stakeholders of the electric
vehicle industry such as suppliers, government and people fulfill their commitment, involvement
1

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