Sustainable Enterprise Essay

Submitted By ajitjm
Words: 3239
Pages: 13

SUSTAINABLE ENTERPRISE

(RODNEY WILLIAMS) LB5203

Submitted By Ajit Jose Mathew Student ID-12774704

TABLE OF CONTENTS

CONTENTS PAGE NO.

INTRODUCTION……………………………………………………………………2

DIMENSIONS.....…………………………………………………………………….3 People…………………………………………………………………....4 Profit……………………………………………………………………..4 Planet…………………………………………………………………….5

DESCRIPTION ABOUT THE COMPANY……………….....................................6

INDICATORS OF THE COMPANY………………………………………………….10

Socio-cultural…………………………………………………………...10

Environmental…………………………………………………………..13

Economic………………………………………………………………...17

CONCLUSION AND RECOMMENDATIONS………………………………........18

REFERENCES..……………………………………………………………………....19

Introduction Now a day's most of the companies are taking the sustainability matter very seriously and are trying to increase their probability of industry achievement in both level, short term and long term. Building the sustainability as the central to the company's strategy, innovation and promotion minimises the risk of the industry and also trying to identify new and advanced opportunities for the good success.
This paper explains regarding the monitoring system that continuously monitors the sustainability of an enterprise. It is very significant factor that all the business firms must measure the sustainability at regular intervals using the triple bottom line, i.e., from people, planet and profit to make the business a great success. Proper monitoring will certainly help the business to avoid the risks by taking the right decisions at the right time. Every industry or business in the world should have a definite obligations to the community linked with the industry and also towards the environment. In addition to that the economic and social aspects of the business also play an important role. Proper sustainability should be included into the all process of the industry from guidelines and management throughout the all actions such as buying, manufacturing and distribution. While sustainability should be motivated from the top management and it is not the job of a staff or the department-it should involve everyone in the business.
The paper also explains and discusses the sustainability indicators of leading power and petrochemical group, Royal Dutch Shell which is commonly known as shell. Shell is one of the popular company and leading company in all area regarding oil and gas sections.

Dimensions
"The triple bottom line is the place where corporate and societal interests intersect. It is a new way to measure the bottom line- where profits go side-by-side with environmental and social performance - and an illuminating way to understand the often fuzzy concept of sustainability." (W.Savitz, 2006).

Triple Bottom Line(TBL) which is also known as people, planet and profit or the "the three pillars". There is no perfect definition for triple bottom line but the triple bottom line is all about measuring the sustainability of the business. If the triple bottom line shows positive then it is said that the business is working in an efficient manner. The picture below shows the extent as three areas of sustainability.

People

The people factor or the social impacts of a business is very easy to calculate while comparing to environmental factors. The key issues to be monitored in regard to social impacts are labour happiness, their fitness and security human rights, community outreach and consumers.
The four core and key indicators of social…