Week 9: sustainability and business in the 21^st century

In this lecture, Mr Haidar had a guest speaker to explain to us sustainability and business.

The UN has goals for the future:

·         No poverty

·         No hunger

·         Good health

·         Reduced inequalities

It was said in a report that in the future (2050) humans would use 3 earths worth of resources.

9 companies making $1B USD per year

Chipotle:

·         100% carnivore products

·         $4.11 billion

Whole foods:

·         $14.19 billion

·         First supermarket to have organic certificate

·         Natura

·         World largest traded B corporation

·         $2.65 billion

Jaguar land rover installs UK’s largest rooftop solar panels

Sustainability and progress at LSBU

·         Reducing gas and electricity. Investing in new lighting and boilers

·         Reducing water use: new AMR systems, waterless urinals to save water

·         Recycling and bin stickers

·         Bicycle storage

·         Free bicycle servicing

·         Wildlife garden

How to make a difference?

·         Turn off lights and computers

·         Recycle waste

Sustainability and employee

·         44% of young employees said they would discount an employer with bad reputation

·         80% of respondents would prefer working for a corporate with good environmental reputation

·         70% of employees in organisations are viewed socially responsible and  rated their management as having high integrity

Seminar

E bay the world’s largest online business

EBay's mission is to revolutionize the world of online shopping. They do this by giving great quality products and services.

Ebay’s core message to users:

·         Trust

·         Value

·         Selection

·         Convenience

·         Ethicality

Ebay has the following competitive factors:

·         Ability to attract and interact with consumers

·         Trust during transactions

·         Customer service

·         Brand recognition