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Tools and Strategies for Sustainable Consumption and Production - Essay Example

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Tools and Strategies for Sustainable Consumption and Production

These policies are further grouped to focus on potential areas of improvement.
Processes: Eco-efficiency, Total Quality Management, CPA, EnTA, environmental risk assessment.
Products/ Services: Dematerialization, LCA, PSS, Eco-design, Function Based Approach.
Consumer communication: Consumer opportunities, Advertising and Marketing, Eco-labels.
Systems: Life Cycle Management, Material Flow Accounting, Environmental Management Systems, Multi-stakeholder dialogues, supply chain management.

Product sustainability Applications and Tools

Corporate Sustainability, Palgrave MacMillan, 2004.

Sector Matrix.

The orientation of Sector Matrix can be projected as below

Operational efficiency - the impact on a company's costs It may include
Operational costs, for example: production costs, disposal fees, material and transport costs
Productivity: amount of product or service produced per employee, contract labour, and capital, related for example to: material use and waste generation, employee turnover and absenteeism. staff satisfaction and employee motivation
Fines and penalties due to compliance breaches.
Access to capital - access to debt or equity capital, the cost of capital
It is influenced by
Balance-sheet health
Risk profile
Stability of cash flows
Internal rates of return (IRR).
Risk management and license to operate - the control of loss, damage or disruption, ensuring ongoing acceptance of the company's operations. It may include ability to manage:

Business disruption
Supply chain reliability
Vulnerability to changing regulations
Political risk
Company's license to operate, either formal (granted by regulator)or informal (through acceptance by society).

Talent...
Innovation and Creativity are focus factors for the companies to increase profitability and sustainability.
The 3 factors which are determinants of sustainable development are Environmental, Social and Economical. In analyzing the case studies, the link between each company's environmental, social and governance efforts and its business success was explored. This analysis was based on a series of factors that influence a firm's financial results: - sales and market access -revenue, sales, market share, access to new markets Through the research, a number of 'ingredients of success' were also identified Companies can act in two very different ways to Society's demand for sustainable development:
The major policies framed on the basis of above citation are Continuous improvement, Transparency, Eco-efficiency, Precaution, Life cycle thinking, Common but differentiated responsibilities. These policies are further grouped to focus on potential areas of improvement.
Productivity: amount of product or service produced per employee, contract labour, and capital, related for example to: material use and waste generation, employee turnover and absenteeism. staff satisfaction and employee motivation
Talent and human capital - the knowledge, skills and talent of employees and contract labour, knowledge, skills and talent of the company's employees and contract labour, which are important in determining i ...Show more

Summary

The focus for long-term success is sustainability demanding a healthy environment. According to a World Economic Forum CEO survey, sustainability has emerged as a challenge for companies globally, with some of the most innovative practices undertaken in developing countries.
Author : bretkohler
Tools and Strategies for Sustainable Consumption and Production essay example
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