Saturday, May 2, 2020

Strategy Sustainability Business Manifesto

Question: Discuss about the Strategy Sustainability for Business Manifesto. Answer: Introduction The study focuses on the sustainability issues of the planet earth. However, on analyzing the video of sustainability, it can be said that the biosphere is degrading day by day. Pollution and globalization are the causes of degradation in the atmosphere. Woolworths is chosen in order to describe five opportunities and five threats related to the sustainability. Woolworths is focused on sustainable measures of waste management in the process of manufacturing in order to reduce the rate of pollution. The packaging system of many of its products in the company use eco-friendly and biodegradable items such as jute or paper in order to pack their products to reduce pollution. Many of the manufacturing facilities and retail outlets of Woolworths are using renewable source of energy for running their machineries and other stuffs within the store. Sustainable measures are formulated while reducing the carbon footprint of the company so that it can contribute fewer pollutants to the atmosphere. Improved technologies are used in order to recycle the amount of wastage emitted by the company in order to increase the profitability of the company (Cullen, 2016). Five threats of sustainability in Woolworths: Change of climate is the cause of the lesser production of the manufacturing facilities of the different branches of Woolworths. The increase of business operations of Woolworths is a cause of deforestation to the atmosphere. The elimination of the different wastages from the company will be a reason for polluting the air and water. The water pollution in the oceans and rivers causes death of many sea animals that affects the food chain of the ecosystem. The elimination of carbon monoxide and carbon dioxide excessively leads to depletion of ozone layer that causes entrance of UV rays to the atmosphere (Werbach, 2013). References Cullen, J. G. (2016). Educating Business Students About Sustainability: A Bibliometric Review of Current Trends and Research Needs.Journal of Business Ethics, 1-11. Werbach, A. (2013).Strategy for sustainability: A business manifesto. Harvard Business Press.

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