...Current Business Practices Audit Manuel Oliver, Christopher Nieto Veronica Martinez, Angelica Rubio Shanna Guillen MGT/360 June 19 2014 Fernando Bernal Abstract Vice president of operations in Riordan Manufacturing, Mark Netizal, contracted Team B a sustainability company to develop and implement a sustainability plan. He decided to assess the company’s current business practices and allow Team B full access to perform their sustainability audit. Team B ventured and completed the audit finding some new practices that can help Riordan Manufacturing and also identified that Riordan Manufacturing was already leading the industry with some current practices. Current Business Practices Audit Riordan Manufacturing is a manufacturing company that produces plastic products, plastic injection moldings, medical products and fan blades and fan housing products. Riordan has three locations inside the United States and a manufacturing plant in the Republic of China. The company by the name Team B has performed a sustainability plan for Riordan Manufacturing in which will provided access to their company’s current business practices. Riordan Manufacturing’s vice president of operations contracted Team B to develop efficient sustainable practices to help promote more environmentally friendly company that can lead its industry to new levels of sustainability. Team B’s audit inspected the following stages of Riordan Manufacturing’s: California’s receiving...
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...Exemplification of Sustainable Development Patricia Mejias Professor’s Name Course Code and Name August 3, 2013 Exemplification of Sustainable Development Sustainable development is a strategy used to promote a sustained quality of existence (Dalal-Clayton & Bass, 2002). The sustained quality of existence can be applied to the general population of a community, to a government, or even to a commercial operation. The goal of this strategy is to ensure that the materials that are needed for survival and for the specified quality of existence will be available for the long-run. This requires extensive planning, strategizing and problem solving. An exemplification of sustainable development is advantageous, therefore, to understand how quality of existence is sustained by this practice. The first example of the application of sustainable development involves the general population. Sustainable development in this case refers to the strategies that are utilized to manage resource acquisitions, utilization and disposal. The quantity of resources consumed by a family, the type of resources consumed by a family and how they dispose of unused and waste products all impact how sustainable the family’s behaviors are. For example, sustainable family behavior includes buying locally produced foods, installing solar energy panels to provide for their energy needs, buying clothing and other items from thrift stores and recycling used materials (Dala-Clayton &...
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...site. http:/ /www.ecodesign.co.uk Good Practice Guidance: Sustainable Design and Construction The purpose of the planning system is to contribute to the achievement of sustainable development ... ... To achieve sustainable development, economic, social and environmental gains should be sought jointly and simultaneously through the planning system ... ... Good design is a key aspect of sustainable development, is indivisible from good planning, and should contribute positively to making places better for people ... ... Local planning authorities should adopt proactive strategies to mitigate and adapt to climate change, taking full account of flood risk, coastal change and water supply and demand considerations ... National Planning Policy Framework, Department for Communities and Local Government, March 2012 Cross Sector Group on Sustainable Design and Construction August 2012 Contents Introduction Background The role of planning, and its relation to Building Regulations Formulating planning policies on sustainable design and construction Justifying local requirements: evidence and viability Examples of local plan policies Development management 03 04 05 06 06 07 08 Annex 1 – Example policies on sustainable design and construction (including relevant extracts from Inspectors’ reports) Annex 2 – Example conditions on sustainable design and construction Annex 3 – Comparison of sustainable construction standards Annex 4 – Organisations...
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...sustainability namely; environmental, social and economic. Environmental aspects relate to water, land, atmospheric impact (global warming); including energy and chemical use. - Social sustainability can include human and workers' rights and community issues. Economic aspects include financial transparency, accountability and corporate governance, for example, Starbucks' global policy involves close monitoring of and governing of sustainable practices within the organization. - These practices promote sustainable practices at every touch point; farms (where the raw materials are produced); distribution of raw materials, packaging of products and delivering of goods. - b) Outline and explain Marshall & Toffel’s (2005) hierarchy of ecological motivations model, including the implication of the model for marketers when discussing sustainability. (40%) - c) Detail at least four benefits of pursuing a sustainability strategy, using examples to support your response. In addition, comment on the potential risks of implementing such a strategy. (40%) - Sustainable development defined as the configuring of human activity so that societies are able to meet current needs while preserving natural ecosystems for future generations is essential...
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...GrowingScience.com/uscm Sustainable accounting reporting practices of Indian cement industry: An exploratory study Shagufta Khana , Vineet Chouhanb*, Bibhas Chandrac and Shubham Goswamib a Research Scholar, School of Management, Sir Padampat Singhania University, Udaipur-India Assistant Professor, School of Management, Sir Padampat Singhania University, Bhatewar, Udaipur-India, 313601 c Associate Professor, School of Management, Sir Padampat Singhania University, Bhatewar, Udaipur-India, 313601 b CHRONICLE Article history: Received September 10, 2013 Received in revised format 10 December 2013 Accepted February 25 2014 Available online February 27 2014 Keywords: Cement Industry Sustainability Financial Information Environment Accounting Reporting Sustainable Reporting Practices ABSTRACT Cement is the single most important and profitable product in the building material sector. With the economic boom, in India, Indian cement industry is a market of opportunities waiting to be tapped. However, at the same time cement industry is also experiencing a surge in demand. Production of Cement will always release carbon dioxide and change in the climate of the earth that is why despite its profitability, the cement industry faces many challenges regarding environmental concerns and sustainability issues. In order to minimize the impact of all of the above mentioned issues, it is clear that the cement and construction industry will have to adapt to remain sustainable and in this process...
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...Riordan Current Business Practices Audit MGT/360 University of Phoenix Riordan Current Business Practices Audit Riordan Manufacturing is a global plastics manufacturer with locations in California, Georgia, Michigan, and China. The vice president of operations decided to develop a sustainability plan. Team A has been assigned the task to conduct a business audit to evaluate the Riordan’s current business practices at each location. The audit provides valuable information to identify the nonsustainable business practices and how each effects the environment. The subject in this paper is how Riordan Manufacturing will identify their nonsustainable practices, federal regulations, mandatory, and voluntary actions necessary to implement a successful sustainability plan. Nonsustainable Business Practices The business practice audits brought to light three nonsustainable practices. The three practices highlighted by the audit include wasted energy from the plants, the use of toxic cleaning solvents, and spilled ink. These three business practices can be very harmful to the environment. Burning fossil fuels for energy creates gases such as sulfur dioxide, nitrogen oxide, and volatile organic compounds. These gases cause air pollution. They can cause several kinds of air pollution, particular matter, smog, and ozone (New Energy Alternative, 2008). Air pollution can travel thousands of miles and can harm areas that burn fossil fuels sparingly. The next nonsustainable...
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...*Gartner Q2 2007 Sustainable World In the late twentieth century, rapid development of information technology and products such as the PC, satellite and Internet became a driving force of globalization. The impact of globalization is reflected on weakening world governments in terms of decision-making and influence, and on the increasing power of multinationals. Data from the World Economic Forum (WEF) shows that among the largest 100 global economies, 51 of them are transnational groups and the rest are national states. Although businesses represent the lifeblood of a nation's economy, they place excessive demand on the natural environment in pursuit of growth and stress the earth's ecosystems. As a result, earth-protection groups are calling on transnational groups to take up environmental, moral and social responsibilities. "Sustainable Development" is widely considered the challenge facing corporations in the 21st century. One of the prerequisites to achieving sustainable development is by sincerely carrying out corporate social responsibility (CSR). In the past, a company’s responsibility was about maximizing profits for shareholders and fulfilling CSR through the tax paying mechanism; that was all about social responsibility. Nowadays the definition of CSR has shifted from acting egoistic to altruistic. For example, the World Business Council for Sustainable Development (WBCSD) defines CSR as "a business' commitment to contributing to sustainable economic development...
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...Airport Sustainability Theresa James Sustainable Marketing 12/1/15 Abstract The Air Transportation Association (ATA) and International Air Transportation Association (IATA) have been responsible for maintaining sustainability in the Aviation sectors of today’s markets. There are three indicators that the ATA and the IATA use; they are environmental, economic and social. The airline industry believes that by reducing their carbon footprint they may be able to attract conscientious travelers. Many airports worldwide are recognized for their contributions for their sustainable practices in the sector Air transportation is considered to be an essential in a modernized society. However, air transportation causes harsh impact on the environments. The air transportation system is considered to be the number one cause of air pollutants, especially Carbon dioxide. “Emissions from air transportation have continuously increased over time, accounting for about 4% of carbon emissions from developed countries.” (Safe Guarding Our Atmosphere, 2011) Demand for air transportation and airport capacity continues to rise, but is impacted by environmental limits, such as land use compatibility. According the Federal Aviation Administration’s (FAA) 2011 forecast, one billion passengers are projected to be flown in 2021 and aviation growth over the next five years is expected to jump 5.3%. Adopting sustainable measures is a slow process and goes beyond the minimum environmental requirements...
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...THE TRENDS AND DEVELOPMENT OF TOURISM WORLD WIDE SUSTAINBALE TOURISM – A PRELUDE: Tourism is one of the fastest growing sectors of the global economy. The developing countries are attempting to cash in on this expanding industry with the objective to boost their foreign investment and financial reserves. The uncontrolled growth of this industry can result in serious environmental and social problems. Organizations like the United Nations contend that such negative effects can be controlled and reduced. With the basic tenet that ‘TOURISM NEEDS TO BE MORE SUSTAINABLE', the world body ( WTO- world trade organization) organized a meeting with the UN Commission on Sustainable Development. This meeting aimed at bringing together national and local governments, the tourism industry, trade unions and activist groups to articulate the principles and the road map for the goal of sustainable tourism, which is popularly known as Ecotourism. OPPORTUNITIES ON THE WALL: If we consider the International travel statistics, it is clear that in 1950, from a 25 million tourists, it grew to a billion by 2012. 1 billion international tourists traveling the world in a single year. Around 5 billion more traveled domestically within their own countries. These tourists generated over US$ 1 trillion in exports for the countries they visited, which is close to 6% of the world’s exports of goods and services, and 30% of exports if we consider services alone. One in every 12 jobs worldwide...
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...SRI funds and non-SRI funds 2 4. SRI and its importance in modern day business 3 Change of view 3 5. Strategies used by investor to invest in a socially responsible company 4 Factors considered by the SRI funds/investors for investing into any company 4 Sources to gather the information for the decision making process 4 Different strategy used by the funds to make SRI decisions 5 6. Two examples of SRI funds: Composition and unique features 6 A. Triodos Sustainable Equity Fund 6 B. Calvert Capital Accumulation Fund Class C 6 7. A Company with SRI investment: Starbucks 7 About the company 7 Sustainability initiatives 7 Controversies 8 ESG Ratings 9 8. Conclusion 9 9. Appendices 10 10. References 10 1. What is SRI? Socially Responsible Investing (SRI) is sometimes referred to as “sustainable”, “socially conscious”, “mission,” “green” or “ethical” investing. In general, socially responsible investors are looking to promote concepts and ideals that they feel strongly about. The idea is that if oneinvests in companies that cause social or environmental harm, then one is profiting from their evil. SRI is an approach under which socially and environmentally conscious investors channel their funds towards those companies which have a positive impact on the community and environment, and avoid doing harm due to their operations. This approachcompels companies seeking a share of these investments to modify their practices to be eligible...
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...The Partnership for Global Sustainable Tourism Criteria (GSTC Partnership) is a coalition of 27 organizations working together to foster increased understanding of sustainable tourism practices and the adoption of universal sustainable tourism principles. The Partnership was initiated by the Rainforest Alliance, the United Nations Environment Programme (UNEP), the United Nations Foundation, and the United Nations World Tourism Organization (UNWTO). Objectives Sustainable tourism is on the rise: consumer demand is growing, travel industry suppliers are developing new green programs, and governments are creating new policies to encourage sustainable practices in tourism. But what does sustainable tourism really mean and how can it be measured and credibly demonstrated to build consumer confidence, promote efficiency, and fight greenwashing? In an effort to come to a common understanding of sustainable tourism, the GSTC Partnership is developing a set of baseline criteria organized around the four pillars of sustainable tourism: effective sustainability planning; maximizing social and economic benefits to the local community; reduction of negative impacts to cultural heritage; and reduction of negative impacts to environmental heritage. To develop these criteria, the partnership consulted with sustainability experts and the tourism industry and reviewed more than 60 existing certification and voluntary sets of criteria already being implemented around the globe. In all, more...
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...from the Brundtland Commission (1987), which states that sustainable development is “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” Sustainability is, therefore, more of a journey than a destination wherein ideals, values and measurement metrics are in a constant state of evolution. The quest for sustainable development started with environmental concerns, and climate change has now become one of the biggest developmental challenges. As the Brundtland Commission had discovered...
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...Kimberly-Clark Use Sustainable Standards to Operate Sheila Cole Southern New Hampshire University Professor Gaylynn Brenoel March 13, 2016 Introduction Economic growth is defined as the increased capacity of an economy to produce goods and services, compared from one period of time to another. An example of growth is associated with technology like the internet and the way it has brought the U.S. industry as a whole; moreover, improve the quality of life. Kimberly-Clark as a business has not stopped growing as a business so their sustainability continues to grow as the company grows too. They have remain in business by being responsible to the consumer and the government, practice ethical economical practices and protect the environment. Business In Kimberly-Clark’s 2010 Sustainability report, the company’s goal was to organize their activities in the three key pillars: people, planet, and products to reflect their responsibility to all parties involved (employees, governmental and non-governmental organizations, consumers, customers, shareholders, business partners, community members and others with an interest in our approach to corporate citizenship). Now in the company’s new report, the focus remains the same in Kimberly-Clark “Our Sustainability 2015 strategy revolves around the three pillars of sustainability: people, planet and products”. • People—Ensure that our business practices are beneficial to our employees and the communities where we operate...
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...Sustainable Tourism in Canada Content 1. Canadian Tourism Industry……………………………………………………..1 1.1 Canadian tourism industry introduction…………………………………...1 1.2 Canadian tourism industry structure……………………………………….1 2. Sustainable Tourism Strategy…………………………………………………...2 2.1 What is sustainable tourism policy? ..............................................................2 2.2 Reasons of the establishment of sustainable tourism policy……………….2 3. Stakeholders……………………………………………………………………...3 3.1 Federal, provincial and territorial tourism organizations………………...3 3.1.1 Non-market behaviors deployed by tourism organizations…………4 3.1.2 Market behaviors deployed by tourism organizations………………6 3.2 National Parks and Provincial Parks……………………………………….7 3.2.1 Non-market behaviors deployed by National and Provincial Parks..7 3.2.2 Market behaviors deployed by National and Provincial Parks……..8 3.3 Transportation sector (Air, Rail way, Automobile, Cruise, etc.)…………..9 3.3.1 Non-market behaviors deployed by the transportation sector…….10 3.3.2 Market behaviors deployed by the transportation sector………….11 3.4 Accommodation, food and beverage sectors………………………………12 3.4.1 Non-market behaviors deployed by accommodation, food and beverage sectors……………………………………………………..12 3.4.2 Market behaviors deployed by accommodation, food and beverage sectors………………………………………………………………...14 3.5 Travel agencies……………………………………………………………...
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...WHAT IS SUSTAINABLE DEVELOPMENT? The question is: what kind of development would be sustainable? What would be the main characteristics of sustainable development? Lots of people everywhere are searching for solutions. These are people who are concerned, who care and who are brave enough to ask serious questions, brave enough to challenge the big and powerful, the greedy and ruthless. Isn't it incredible that the so-called educated, scientific, modern, rich people are leading the world to disaster and it is the poor, the so-called uneducated people who are shouting "Stop this madness". A Latin American activist/thinker said recently "My people do not want development. They only want to live." One wonders who is more "advanced", those who are totally divorced from nature and who are destroying the planet with their unsustainable life style or those who are still trying to live in harmony with nature? Who are global citizens? The jet set types zipping across the world or those who consume little and do not contribute to ecological disaster? Who should be the experts now, the scientist, economist and politicians who have brought the world to the brink of disaster or those women and men whose knowledge, wisdom, life styles were declared "backward"? What do we have to do so that everyone can live? Some things are already quite clear. They will get clearer as we move forward on the path of sustain- able development. Oiu" concern is not just for the present generation should hand...
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