Skip to main content
Library homepage
 

Text Color

Text Size

 

Margin Size

 

Font Type

Enable Dyslexic Font
Business LibreTexts

1: Operations Management

  • Anonymous
  • LibreTexts

( \newcommand{\kernel}{\mathrm{null}\,}\)

Business operations are at the heart of sustainability. You cannot become a sustainable business without honestly and critically analyzing your current operations and considering the changes necessary to move toward sustainability. In this chapter, we will explain the three dimensions of sustainability and will provide examples of businesses focused on each dimension. In Chapter 10 of this book, we provide numerous examples of sustainable business practices. The examples here and in Chapter 10 will demonstrate the variety of ways in which a business can pursue sustainability.

  • 1.1: Sustainable Business
    This page discusses the concept of sustainable business, which emphasizes balancing social, environmental, and economic factors (triple bottom line). It highlights a shift from focusing solely on financial profit to addressing broader societal and environmental responsibilities. The text stresses the importance of considering these interconnected dimensions for ensuring long-term viability and positive contributions to communities and ecosystems.
  • 1.2: Social Impact
    This page emphasizes the significance of social impact in sustainable businesses, focusing on ethical employment practices and supply chain management. It covers internal aspects like employee treatment and diversity, alongside external supplier standards. Recommendations for improving social impact include following UN principles, opting for Fair Trade products, and assessing corporate philanthropy.
  • 1.3: Environmental Impact
    This page discusses sustainable business practices focused on reducing environmental impact through waste reduction, energy efficiency, and green procurement. It highlights initiatives like cap-and-trade systems and the adoption of guidelines such as ISO 14000. Strategies for cost-effective sustainability include energy audits, using recycled materials, and eco-friendly products.
  • 1.4: Economic Impact
    This page discusses the economic impact of sustainable businesses, highlighting their role in community job creation and social service support. Profitability is crucial but separate from overall economic influence. The El Dorado Promise by Murphy Oil Corporation serves as a case study, showing how investment in scholarships boosts local school enrollment and family attraction.


This page titled 1: Operations Management is shared under a CC BY-NC-SA 3.0 license and was authored, remixed, and/or curated by Anonymous.

  • Was this article helpful?

Support Center

How can we help?