Top 10 Management on Environmental Sustainability Strategies: An Overview and Analysis of Doing More with Less

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Introduction

When a company pursues different environmental sustainability strategies it is said to follow the “triple-P performance.” The triple-P stands for people, planet, and profits. This strategy can be utilized in various ways for different companies. Companies want to implement these strategies to improve these relations with stakeholders. A perfect way is to show customers, supplier, employees, and other stakeholders are to act in an appropriate manner to protect the environment and natural resources to their advantage. Doing “more with less” is also a main concept of sustainability. We will begin to see how different companies use these strategies to make more profit, become more environmentally aware of their decisions to reduce waste, and increase longevity of resources used within the company. These decisions move the company into a more conscientious direction of why they use resources the way they do.

The Idea in a Nutshell

The idea consists of a driving force pushing companies to implement new strategies to become more environmentally sustainable. When a company takes measures to protect the environment and the community it improves the company’s reputation, increases stock price, and can even cut cost for the company.

The 10 Things You Need to Know About Environmental Sustainability Strategies

1. According to World Commission on Environment and Development, “Environmental sustainability is development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs.” Being sustainable is essentially being less wasteful.

2.    Microsoft is practicing environmental sustainability strategies. Microsoft offers recycling programs to recycle your old p.c. You can go to their website http://www.Microsoft.com/environment/what-you-can-do/recycle-hardware.aspx to find your local recycling area. Microsoft also has work from home employees that reduce their carbon footprint by driving less.

3.    Companies can execute different strategies within the company and outside the company. They can comply with all environmental laws to prevent law suits. Do more business with partners who take sustainability as one of their main business strategies. Educate employees and vendors of better ways of doing business. Measure, track, and share information of improvements in carbon footprint reduction. Go beyond the industry standards. Recycle and reduce waste wherever possible.

4.    Small businesses can even take part in transforming their business to become more sustainable.  Reduce energy consumption is an option. A good place to start is to identify the pressures that are pushing your business to become more sustainable. Set a vision, Define Objectives, Establishing current Position, Develop strategies, have an action plan to implement and monitor and review your plan. And of course, always continue to innovate and improve. In order for your plan to be successful everyone in the company needs to be educated and aware of the changes from the top down. Your plan should tie into your overall business objectives.

5.    FedEx is taking long term measures to ensure sustainability. Not only are they becoming more profitable from their plan; but they are also becoming more earth friendly to their communities in which they do business with. Through their earth smart initiatives. They have the most hybrid electric delivery vehicles of any parcel delivery service. This reduces carbon emissions and saves the company money. According the FedEx, they have also installed 5 solar systems on the rooftops of their facilities, reducing energy costs and consumption.