The study has been describing sustainability policy of different organizations and how they are complying with necessary standards. Furthermore, discussion is also stated about the ways through which business can reduce the impact of sustainability challenges. Apart from this, researcher has also described the involvement of stakeholders in sustainability management.
TASK 1 Coca Cola
The key practices were 60% recycling of the bottles along with the cans that are mainly offered by the company to its customers. Secondly, women’s economic empowerment was the another initiative where through this 1.7M women enabled with the 5by20 initiative of the company (The Coca-Cola Company, 2016). Further, the firm witnessed 14% reduction of the Co2 embedded in the drink. Moreover, the sustainable practices assisted in protecting human and the workplace rights. Therefore, these were some of the sustainable practices of the Coca Cola brand. Apart from this, in every year targets are set for improving sustainable practice such as reducing environmental burden etc.
Another well established brand in the market named Glaxosmithkline is well known in the society for different sustainable practices undertaken. Firstly, the firm plays most significant role in improving the quality of the human life by working on development of medicines. Further, mainly economic, environmental and social factors are taken into consideration. By supplying different forms of medicines the company is supporting society to fight against diseases such as polio etc (Rich, Singleton & Wadhwa, 2018). Another sustainability practice of the GSK brand involves treating children for the disease such as intestinal worms as through this treatment they can easily attend school.
The firm focuses on promoting gender equality and empowering women (GSK, 2018). This is basically done with the different forms of programs such as training to the health workers and GSK also supports organization like Pro Mujer that helps women in Latin America in order to deal with the issue of poverty by delivering wide range of services such as financial, education and healthcare. So, these some of the main sustainability initiatives taken by the GSK
In case of well established automobile brand like Ford motors sustainability matters a lot. One of the main strategy undertaken by the company for reducing overall impact on the environment is manufacturing adequate amount of electric vehicles. The target is to develop 13 new global electric vehicles over the next five years that have minimal impact on the surroundings. Further, it is a well known fact that automobile industry has adverse impact on surroundings and due to this reason this action has been mainly adopted by the firm (Ford, 2017).
Mobility and the human progress is another sort of initiative taken by the firm where in the Indian market the company is working with International Children’s charity through which healthcare and education services are mainly delivered (Neutzling, et al. 2018). In rural West Africa, the firm has worked with Riders for health which is an international non-profit medical transportation firm. So, these are the main sustainability practices of the company.
With the help of reviewing data of paper usage it has been assessed that in the year 2015 total 20 reams at $2.99. While, in 2016 BCC has use 25 reams at $3.99 per ream and in 2017 it uses 35 reams at $4.99 each. Thus, the total amount of resource that is used over the 3 years includes $334.2 for 80 reams over the 3 years. Through consuming 80 reams of paper in the 3 years it lead to waste around 35 reams that act as cost to the firm.
Total cost of resource used for each year
Through the given data of Bart’s Catering Company it has been assessed that it currently face issue regarding the excessive use of paper within the firm. The total cost of resource that is used for each year includes-
In the year 2015 total cost of resource was $59.8
In the year 2016 total cost of resource was $99.75
In the year 2017 total cost of resource was $174.65
What improvements can be made to reduce the usage of paper by
In the past year 2017 the total cost of paper usage was $174.65 from which material of $100 was effectively used by the company for the office work and other work but the remaining cost lead to wastage. In order to reduce the usage of paper by 50% from the previous year BCC has engaged in using Reflex paper for the office work that mainly focuses on digital imaging papers as well as carbonless papers (Souza & Alves, 2018).
On the other hand, there are certain improvements that can be made to reduce the usage of paper within the BCC it mainly include removing paper work activities with the technological process that assist the company in saving the overall cost. Through enabling computer work in the office support the company in overcoming the wastage of paper and save overall cost of the firm.
Other improvement method for overcoming the wastage of paper includes setting measurement and benchmark. With the help of this technique BCC can easily measure the level of wastage and set adequate standard so that it may reduce wastage from the previous year. While measuring the level of wastage accurate feedback need to be properly achieved in order to determine the disparity (Schaltegger & Burritt, 2018). Therefore, the consistent feedback will help the company in setting lower budget for consuming the paper. Along with this, it also support the company in reviewing their position related with where they have been, where they are and where they want to reach in the future.
Use SMART goals as a tool set the targets
With the help of assessing current data of paper usage it has been measured that there is constant increase in the price of per paper ream that act as the huge cost for the catering company. For reducing the paper usage in the cited firm it has been recommended that company must engage in setting SMART goals and targets that further assist in sustainability goals (Sievers, 2018). Thus SMART goals that are set for the company include engaging in using recycle paper so that it may be consumed in the future aspect. The goal of company mainly focuses on reducing the level of ream consumptions in the next year by 20% that is company must engage in purchasing 24 paper reams so that it may not lead to more wastage. Thus, the above set goal would support the BCC in accomplishing the objective of reducing the paper usage.
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Planned actions and tasks to be undertaken
As per the new sustainability policy, it is essential for BCC to reduce the use of paper by shifting it with sources. For example- paperless bills should be provided by using online source or also by keeping the records on phone. A folder can be made in the computer in which employees should save all the receipts (Yen, Nhung & Tam, 2018). As per the requirements, size of paper should be used and rest can be protected for further use. Paper can also be used from recycling bins for preparing the notes.
Allocation of responsibilities
It is essential for the employees of BCC to work in accordance with the policies so that actual outcomes can be acquired which can aid to contribute in sustainability benefits. The newly formed policy should be taken into account while carrying out organizational operations. Within the availability of resources, all the activities should be carried out as that is the main purpose of sustainability policy (Wang, 2018). Further, employees should also dispose waste food materials in appropriate place so that it can be recycled as per the available standards.
Realistic time frame for the completion of tasks
Within the period of 3 months, the plan of sustainability is expected to be implemented at BCC and accordingly all the activities will be carried out. It is essential for the employees to focus on consistent improvement so that it can acquire better position in the market place among various rivalries (Talbot & Boiral, 2018). Proper schedule will also be prepared for synchronizing all the tasks and activities as per the plan. This way BCC will be able to manage activities in sustainable way.
Monitor, measure and report effectiveness of the improvements
After the execution of sustainability policy, BCC found out to be disposing all the wastage materials in suitable areas which can further went for recycling. The company is also protecting the environment by maintaining all the eco-friendly standards. As compared to previous time, BCC has also reduced the amount of paper wastage (Souza & Alves, 2018).
Further opportunities for improvements
• The use of paper and poly bags can be supported as that can be renewed.
• Focus is also to be laid on supporting green development.
• Proper participation of all the stakeholders should be established.
• Within the availability of resources, allocation in tasks should be facilitated.
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