CSR Final Project: Analysis of Tesla's Sustainability Practices

This final project analyzes Tesla's approach to corporate social responsibility (CSR) and sustainability. The project begins with an introduction to sustainable development and the importance of businesses being accountable for their environmental impact. It then presents Tesla's views on sustainability, highlighting their goals such as creating solar roofs, expanding their electric vehicle product line, and enabling cars to generate revenue when not in use. The project details Tesla's efforts towards a carbon-neutral economy, increased energy efficiency, and a reduced environmental footprint. The project also examines Tesla's achievements, including the potential of funding electric taxis and buses, and their sustainable leadership approach. The conclusion acknowledges areas for improvement, such as raw material usage. The project includes references to relevant academic sources supporting the analysis of Tesla's sustainability practices.

CSR Final
project
Student Name:
Date:

Introduction
• The sustainable development meets the need of the
present without negotiating the capability of future
generations to encounter their own needs.
• The companies are accountable towards environment
as the natural resources are used in the business
activities.

Views of management
• The business chosen Tesla stated views and opinions
of the sustainable development and corporate social
responsibility.
• The company is enhancing its business globally and
becoming more accountable towards the use of the
natural resources.

Sustainability goals
• The sustainable development develop a set of
goals to towards work. The sustainable
objectives should be focused more before
focusing on the sustainability credentials and
success of the business (Charles Jr,
Schmidheiny & Watts, 2017).
• The activities of Tesla have been discussed in
the next slides under the different sustainability
goals.

Contd.
The specified goals highlighted are
• Creating solar roofs with effortlessly integrated
battery storage (Erickson, et al. 2016).
• Magnify the electric vehicle product line to address
all several segments.
• Enable car to make money whenever it is not being
used (Kushwaha & Sharma, 2016).

Contd.
• The company has decided to adopt an evolution to a carbon
neutral economy and the critical requirement for an innovative
sustainable business model for the logistic industry reliant on
the zero emissions.
• The company has even increased energy efficiency and
reduced environmental footprint caused by engines. In other
words, the company has focused on the regulator to produce
something which pollutes less (Dibble, 2018).

Contd.
• Other than producing less harmful products, the
company focuses on creating higher value for the
customers.
• Tesla focused on the renewable energy in order to
create most fascinating car (Strielkowski &
Chigisheva, 2018).
• It is the goal of the company to lower the cost of the
batteries and make 100% sustainable future possible.

Achievements
• Buying Tesla will surely fund to electric taxis, shuttle and
buses. It will also offer opportunities to the people around the
globe to sustainably pursue happiness (Vovk, 2016).
• Tesla is keep improving its systems to focus on the big picture
by sustainable leadership approach.

Conclusion
• The company is significantly inefficient when
it comes to using raw materials. The 40% of
the purchases raw material is being scrapped.
In order to put this into perspective, Ford’s aim
of releasing waste into the landfill is close to
being reality.

Refrences
• Charles Jr, O. H., Schmidheiny, S., & Watts, P.
(2017). Walking the talk: The business case for
sustainable development. Routledge.
• Dibble, C. (2018). Exploring the Potential of
Environmental Impact Investing for Sustainable
Development: The Cases of Dominion Energy and Tesla
Motors.
• Erickson, L. E., Robinson, J., Brase, G., & Cutsor, J.
(Eds.). (2016). Solar powered charging infrastructure for
electric vehicles: A sustainable development. CRC Press.

Contd.
• Kushwaha, G. S., & Sharma, N. K. (2016). Green initiatives: a step
towards sustainable development and firm's performance in the
automobile industry. Journal of Cleaner Production, 121, 116-129.
• Strielkowski, W., & Chigisheva, O. (2018). Social, Economic, and
Academic Leadership for Sustainable Development of Business
and Education in the Future: An Introduction. In Leadership for the
Future Sustainable Development of Business and Education (pp. 3-
8). Springer, Cham.
• Vovk, Y. (2016). Resource-efficient intelligent transportation
systems as a basis for sustainable development. Overview of
initiatives and strategies. Journal of Sustainable Development of
Transport and Logistics, 1(1), 6-10.