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Social and economic aspects of sustainability
Social and economic aspects of sustainability
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The social pillar of sustainability is often the one that is overlooked and under credited (Cuthill, 2009; Vavik and Keitsch, 2010;). Nonetheless, it still plays a crucial role in achieving sustainability. Social sustainability can be defined as a system or process that ensures communities achieve fair opportunities in terms of distribution, employment, social services, gender equity, health and education (Harris, 2003; Vallance, Perkins and Dixon, 2011; Murphy, 2012) An economically sustainable system, is when the organization is consistent in producing goods and services in order to maintain and manage government and external debts as well as avoid damaging imbalances that could potentially impact production (Harris, 2003, Asheim, 2007). …show more content…
For instance if an organization pursues to be environmentally friendly, there will be either a positive or negative outcome to it, such as it could benefit the community they operate in, thus being socially sustainable, however it may not be economically sustainable due to the cost of implementing the practice. An organization must acknowledge that there is a fine line when trying to be sustainable, and they must find a balance in order to be successful in their …show more content…
For instance they can do this through direct marketing, packaging, exhibitions, events, point-of-sales, sponsorships, advertising, internet and social media and word of mouth (BSR, 2009; Konefal, 2012; Du, 2014). Whilst organizations continue to green wash they fail to acknowledge the significant negative impact it has on consumers and shareholders. As these incidences grow, consumers and shareholders confidence in the businesses and products have plummeted, which could in the near could cause social and economic issues for the business that is green washing (Konefal,
With forward movement in society, it is important to consider not just what will propel most toward success, but also what will help to sustain the environment along the way. What may have been considered appropriate decades ago, may no longer be socially acceptable due to the changes observed in both the business world and the environment (Fiske, 2010). Therefore, it is important for organizations thriving in today?s economy to consider how they may capitalize most effectively from their product or service of choice while minimizing or eliminating any damages along the way (Knoke, 2012).
The following case study critiques Upton’s vision to establish a sustainable community through implementing comprehensive sustainable strategy. The urban periphery development is thought to demonstrate superior execution of sustainable principles in development (Jackson 2007). As a parallel, the report focuses on the development of Upton’s design code and demonstrates how large -scale mix-use developments can incorporate sustainable practice and principles of urban growth.
Green washing: The disinformation disseminated by an organization so as to present an environmentally responsible public image. In order for big companies to stay on top of the market today, they are forced to think of advertising strategies to help their public image and advertise their product. Over the years the system has become very complex and also very questionable. Companies are willing to lie, change their logo, and sometimes even their company name just to keep their name and image clean in front of the public just to make sure that they are making their money. Green washing helps this by advertising to the public that they are environmentally supportive and responsible. Most people that are into buying “green products” do not even realize that the company they are buying from is green washing in some sort of way just so that they can attract attention to the public. Green washing companies may advertise that they are “eco-friendly”, but when it comes down to it, the facts hidden behind the curtains beg to differ. Just like in the green washing video we watched in class, the companies may look great compared to the worst companies, but that does not mean what they are doing is still productive for our environmental movement. One company that has been notorious for their green washing efforts for the past couple of decades is the Oil/energy company: British Petroleum a.k.a. Beyond Petroleum. They are one of the world’s largest leading oil companies who has also becoming a large energy supplying company with presence in petrochemicals, gas, and solar divisions. Over the past twenty years BP has been the cause of several deadly disasters in the oil business in the U.S. and around the world. Despite their green washing effor...
This word refers to the act of purposefully deceiving the public into thinking that a specific product is environmentally friendly, “green”, when in actuality it is not. Greenwashing has been used by such companies as Ford and McDonalds (Business Ethics). There are several issues with greenwashing besides the blatant lying to the masses. For one it encourages consumer and regulator complacency. If one corporation gets away with greenwashing, others will also follow which would feed into this illusion of sustainability. Greenwashing also gives rise to cynicism in that consumers would grow to find all corporations untrustworthy (Davis, J). One of the worst instances of greenwashing has been committed by the American Coalition for Clean Coal Energy. The Coalition pooled money from coal and utility industries to fund propaganda that stated that coal can be used in a way that is not harmful to the environment (webecoist). However, the Union of Concerned Scientists published research that states that coal plants are the nation’s top source of carbon dioxide emissions. It is a known fact that these emissions are a major factor in global warming. During 2011, U.S. utility coal plants emitted 1.7 billion tons of carbon dioxide. In addition, burning coal is the main cause of acid rain, smog, and toxic air pollution. Most of these emissions could be significantly reduced with the addition of advanced technologies.
Social issues involve community safety, social development, poverty, inequality, business operations and growth, labor and working conditions, cultural heritage and security. Reaching social sustainability: creating equality in our communities, reducing poverty by creating schemes that teach people how to fend for themselves without looking to the government for help. Another technique for creating sustainability
When businesses make false environmental claims, then they’re greenwashing. In an attempt to respond to the growing demand of customers for greener products and greener processes, businesses have been put in that intricate situation of having to readjust their policies. However, this response has not always been candid and many businesses and corporations have resorted to greenwashing to maintain or even increase their profits.
Companies that carry out greenwashing commonly use the words, ‘green’, ‘energy efficient’, and ‘clean’ to expo...
Sustainability is an “enduring and balanced approach to economic activity, environmental responsibility and societal benefit”- Tata Steel. Sustainability is about meeting the ...
The number one thing you complain about most while watching television is how many commercials come on and interrupt the show you are watching. When a company makes a commercial, their whole objective is to get you to buy their product. There are many different strategies that companies use to get you interested in the product that is in their commercial. One of the main strategies today is called green washing. Green washing is when a company puts nature in to their commercial to make it seems environmentally friendly.
The power of “green” advertising lies in its sheer ubiquity and its particularly charismatic approach to manipulation. It feels good to support a cause, and who could possibly be (openly) against the environment? Because of its broad manipulation coefficient, “green” advertising--advertising that panders to our desire to make the planet clean again--is making a comeback. Innumerable advertisements still contain the sublime appeal of helping the planet. Green still
7). Their definition was as follows: “ It is in the hands of humanity to make development sustainable… to meet the needs and aspirations of the present without compromising the ability of future generations to meet their own. (SHRM, 2011, p. 7).” Sustainability is the organization’s commitment to balance financial performance with contributors to the quality of life of employees, society at large, and environmentally sensitive initiatives (SHRM, 2011, p. 2). Workplace sustainability requires observation of the following: work force diversity, environmental impact, bribery and corruption, community involvement, ethical sourcing of goods, human rights, product safety, and product usefulness (Epstein & Roy, 2001, p. 588). Creation of a stable, sustainability culture can support the company’s efforts to reach its long term goals; however, sustainable practices are more often found in medium and large staff-sized organizations, publicly and for-profit companies and multinational companies (SHRM, 2011, p.
From seeing advertisements such as “Got Milk?” and “iPhone 6 Plus” on the streets and freeways, it causes civilians to notice the changes in society. Although many people are focusing on trending topics such as technology, many will not neglect the effects it has on the environment. People already know going green is easy and cheap, therefore there will be risks to promoting more green services.
Sustainability has become a buzzword in lives of many Americans. The challenge with creating programs that promote and educate on the topic sustainability is that there does not appear to be a consistent definition for the term ‘sustainable’. In the Education for Sustainable Development (ESD) Toolkit, the authors suggest that “sustainable development is generally thought to have three components: environment, society, and economy. The well-being of these three areas is intertwined, not separate” (McKeown, 2002, p. 8). Furthermore, McKeown contends that sustainability should be considered “to be a paradigm for thinking about a future in which environmental, societal, and economic considerations are balanced in the pursuit of development and improved quality of life” (2002, p. 8).
Sustainability of a business refers to the capability to stay in business, survive and perhaps thrive within the constraints or limitations imposed on it. A business and its performance is sometimes sustainable because of the favourable economic environment or because of some strategic advantage that other competitors do not have. Instead of having to deal with deeper aspects of management strategies, we will address two more apparent issues.
The more experience you have putting these tips into practice, the more they will become instinct. And by making informed decisions and ensuring that the product’s claims are accurate, you can feel good about the choices you make and their positive impact on the environment. If more greenwashing means that marketers are increasingly responding to the demand for sustainable products, this could be a positive trend. If left unchecked, greenwashing creates significant risks. Consumers will give up on marketers and manufacturers, and give up on the hope that their spending might be put to good use. Recent developments suggest companies should be prepared for the new wave of measures. Greenwashing has become a buzz word for consumers and the media. Unfortunately, the rules are not always clear when it comes to responsible environmental marketing.