Global Business Environment Report: Challenges and Opportunities

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This report examines the global business environment with a specific focus on sustainability and the circular economy within the fashion industry. It analyzes the environmental impact of the industry, the role of companies like H&M, and the transition towards more sustainable practices. The report references various sources to justify the content of the fashion industry, the challenges of environmental burdens, and the strategies adopted to reduce waste and promote the use of sustainable and recyclable materials. The report also explores the concept of circular packaging with a value chain model and the implementation of CSR strategies for environmental management, providing a comprehensive overview of the key trends and challenges in the industry.
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Global business
Environment
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Rao, S., 2021. International business environment. Himalaya Publishing House
Statement: The above source is for introduction given about the global business environment.
Niinimäki, K and et.al., 2020. The environmental price of fast fashion. Nature Reviews Earth &
Environment, 1(4), pp.189-200.
Statement: The source is provided for the justification of the environmental pollution caused due
to the fashion industry and it organisation like H&M.
Colucci, M., Tuan, A. and Visentin, M., 2020. An empirical investigation of the drivers of CSR
talk and walk in the fashion industry. Journal of Cleaner Production, 248, p.119200.
Statement: The source is about the circular economy and sustainability in fashion industry and
content also has the relevance with the sustainability through circular packaging with
value chain model in H&M.
Gazzola, P. And et. al., 2020. Trends in the fashion industry. The perception of sustainability and
circular economy: A gender/generation quantitative approach. Sustainability, 12(7),
p.2809.
Statement: The source has complete justification for the content related to sustainable production
with circular economy to avoid water wastage in the trends of fashion industry and its
organisation like H&M.
Shirvanimoghaddam, K and et. al., 2020. Death by waste: Fashion and textile circular economy
case. Science of The Total Environment, 718, p.137317.
Statement: the first point of Porter’s has the complete content on the environment and
sustainability in fashion industry for the new entrants that are relevant to source.
Mishra, S., Jain, S. and Malhotra, G., 2020. The anatomy of circular economy transition in the
fashion industry. Social Responsibility Journal.
Statement: the source represents the transition in the fashion industry towards the circular
economy and the content also has reflection change in fashion industry as a substitute.
Anderson, E., 2020. Environmental Burdens within the Fashion Industry.
Statement: the source speaks about the burden of environment safety in fashion industry is the
part of high competition in the fashion industry justify the content.
Singha, K and et. al., 2020. Sustainable Strategies From Waste for Fashion and
Textile. Recycling from Waste in Fashion and Textiles: A Sustainable and Circular
Economic Approach, pp.199-214.
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Statement: The source discuss about the wastage in the textile industry that concern for
environment and content has reliability with resource as it explains the reduction of
wastage and usage of sustainable and recyclable natural resources and raw materials in
H&M as part of circular economy approach.
Da Giau, A and et. al., 2020. Sustainable development and dynamic capabilities in the fashion
industry: A multicase study. Corporate Social Responsibility and Environmental
Management, 27(3), pp.1509-1520.
Statement: the source justifies the CSR strategy of H&M and fashion industry through circular
economy for environmental management.
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