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Environmental Impact of Global Manufacturing - Essay Example
The aim of this work is to underline the effectiveness of the measurement of the environmental impact of global manufacturing and also to study the balance between positive and negative impacts on the environment of the host country. In fact it is a common practice that the global manufacturers focus on the wealth maximization of their own stakeholders rather than mitigating the issues connected with the environmental impact in the host countries…
The fact still remains that any economy cannot do away with either domestic or global manufacturing activities just to protect its environmental conditions. Actually there is bound to be an increasing trend in such activities due to the enlargement of the population and the economy as well. In the background of these factors this study has analysed the impact of CO2 which is a major element in the determination of the environmental impact on global manufacturing by using 'Vensim' - a system dynamic model with appropriate simulations. The study has also used software 'EIO-LCA' and 'SimaPro' for estimating the CO2 emission for the lifecycle of a car and a mobile phone to emphasise the aim of this project. The operations of global manufacturers Toyota, Volkswagen and Nokia in the country of China are considered as case studies. The study concludes that there can be no effective balance between the positive and negative impacts of global manufacturing on the environment of the host country as the CO2 emissions far too outweighs the positive impacts.
Even though there are several greenhouse gases that cause the global warming in their respective proportions, the study had taken the emission of Carbon dioxide (CO2) for analysis sinc ...