SIB7505 A MSc CORPORATE SOCIAL RESPONSIBILITY
On the other hand, Sweden is not one of the many nations or places in which the use of plastic items is made easier than it has ever been in the past. According to data that was compiled for the Swedish Environmental Protection Agency, Naturvrdsverket, there was an increase of around 300,000 tonnes per year in the amount of plastic goods that were purchased and used between the years of 2010 and 2017. This amount is comparable to an increase in the annual usage of plastic in Sweden of more than 30 kg per citizen of the nation(Capoor,2021). The relationship between the widespread consumption of plastic items and the rise of trash made of plastic was another facet of the extensive use of plastic that was explored.
Based on the Carroll’s Corporate Social Responsibility (CSR) pyramid, and the stakeholder theory, clearly discuss the key theoretical viewpoints that might be applicable as a best way forward to reduce plastic waste?
According to the findings of the study, the quantity of garbage in Sweden that is composed of plastic has reached 1.6 million tonnes, which marks a staggering rise in comparison to the forecasts that were made before. It became out that business organisations were accountable for around 791 000 tonnes of this vast quantity of waste plastic. As a direct consequence of this, businesses in Sweden are responsible for more than half of the country’s garbage that is composed of plastic (Naturvrdsverket, 2019a). Given that there has been a long-term trend toward an ever-increasing output of plastic items and garbage throughout the course of time, it is reasonable to anticipate that there will be an extra growth in each of these areas due to the nature of the trend itself. Because of this, and also owing to the fact that corporations have such a significant influence, this is a fascinating issue that deserves more investigation(Higgs,2019).
At Mr. Wang’s operation, around 70,000 metric tonnes of garbage will be processed each year. This is comparable to roughly 47% of the plastics that are collected in Victoria for recycling purposes. There are now 53 persons employed here, and they are all locals of the area (in a region that has seen large employers, like Ford, go down in recent years). According to Mr. Wang, “The demand is quite great, and it is just going to keep growing.” We anticipate that sales completed inside Australia will account for the majority of our total revenue generation.
The contribution that will be made by Victoria will be very close to half of that whole amount.
Manufacturing facilities are obliged to include some recycled material into their products in order to be in compliance with the standards. Choosing to use brand new components will cause an increase in the overall cost of the project. What we are doing right now is generating a lot of attention, and we believe that this interest will continue to expand over the next two to five years. He acquires the used plastic from various material recovery facilities (MRFs). Bottles used for beverages such as water, soft drinks, and milk, in addition to other plastic containers used for food and cleaning goods, make up a major portion of the feedstock. Other plastic containers used for food and cleaning items also make up a portion of the feedstock.
Because recycling plastics will be helpful not only to individuals but also to the environment, it should become more regular practise to recycle plastics. In light of this, it is of even more significance to educate businesses about the concept of corporate social responsibility (CSR) and to encourage them to embrace its principles. There are a lot of different aspects that go into deciding whether or not an organization’s attempts to embrace CSR practises are successful or not. The factors that have been discussed up to this point have an effect on the arguments for and against the implementation of CSR. It is possible that the usage of recycled plastics will be limited owing to a number of different variables, including legislation, in addition to needs that are particular to a certain sector. Because of this, recycled plastic may not be the best option for some applications that are still in the development stage.
Instead, it is only put to use in the creation of things of poor quality via the assembly process. In a similar line, the financial aspect does not serve as a motivator for individuals to conduct in a way that is sustainable. For instance, a substantial quantity of rubbish composed of plastic that might have been recycled was instead utilised as a fuel source in the cement industry as an alternative to coal and oil. This was accomplished by diverting the waste from its intended destination and repurposing it. The propensity of cement companies to spend more money than they stand to gain from recycling is undoubtedly at the root of this trend. Recycling has been more popular in recent years. Cement businesses often spend more money than they are likely to gain through recycling due to the nature of their business(Mungai,2020).
A corporation must first and foremost be able to live up to its financial obligations in order for it to be able to maintain its existence. Businesses are held to a high standard by society as a whole, with the primary expectation being that they will reach a certain degree of financial success in order for them to continue to be in operation.
Businesses have historically been seen as the institutions that provide society with the goods and services that are essential to the society’s ability to continue operating normally. As a consequence of this, it is very important to persuade the different shareholders or owners of the company to keep making investments in the company so that it may continue its operations and meet its commitments.
Suggests ways in which government and other key stakeholders can collaborate to protect the environment by reducing waste. Support your proposal with theories and concepts from the CSR module.
Concerns about corporate social responsibility have been voiced on several occasions by those who advocate for firms to go beyond transparency, ethical behaviour, and stakeholder participation in company practises (CSR). New environmentally, socially, and socially responsible business models are currently being developed in order to address the recognised environmental, social, and governance shortcomings(Higgs,2019).
ways in which government and other key stakeholders can collaborate
These models are currently being developed in order to address the recognised environmental, social, and governance shortcomings. Responsible behaviour on the part of the organisation is an important component of these models, and it is one of the fundamental components. However, theoretical research on the connections between CSR, EM, and the sustainability of businesses is still in its early stages. In addition to research based on experience, there are a number of distinct schools of thought about the numerous aspects that make up CSR. Through an examination of the evolution of the idea of “business sustainability and responsibility,” the purpose of this essay is to plug a gap in the academic landscape that has emerged as a direct result of the dearth of work that is similar to what has been done before. Researching the concept’s long and illustrious past will allow us to achieve this goal. The idea that there is a business basis for corporate social responsibility is confirmed in light of the results of this examination of the relevant literature, which provides evidence for this proposition. This is due to the fact that corporate social responsibility frees up resources that the corporation may then utilise in other ways to produce profits for itself (i.e. corporate sustainability). It has been suggested that businesses should reorganise themselves so that ethical ideals may be more accurately reflected in the products they sell, the way they interact with their clients, and the operations they do internally. The implementation of corporate social responsibility presents organisations with the opportunity to realise a number of potential strategic goals, including the responsible management of internal operations and the establishment of connections with stakeholders from the outside of the organisation. It is to an organization’s interest to build stronger relationships not just with the governing bodies of the organisation but also with the community that is immediately surrounding the organization(Puntillo,2020).
Proposal and Planning
This is because better linkages lead to greater communication and collaboration. Not only is conducting oneself in an ethical manner beneficial to the well-being of communities and organisations, but it is also beneficial to the health of ecosystems. Because of this, companies have a responsibility to contribute their knowledge, resources, and management to the overall development of society in order to foster its progress. The outcomes of this research provide credence to the concept that engaging in corporate social responsibility (also known as CSR) may assist businesses in gaining a competitive advantage. One of the primary purposes of corporate social responsibility is to improve the favourable public image and reputation of a firm (CSR).
It is anticipated that the usage of plastics will continue to increase and improve in the future as a result of their ability to continue to replace materials that have a greater impact on the environment in a negative way. Recent research has shown that plastic has an edge over other types of materials in terms of how rapidly it can be recycled. The concept that there will be a continual growth in the quantity of plastic that is used in the not-too-distant future receives more support from this piece of evidence(Romero‐Hernández,2020).
A concomitant increase in the demand for materials that have been recycled is something that is anticipated to take place at the same time. The discourse that will take place in the future concerning throwaway things and plastics should be driven, not by the recycling practises of manufacturers, but rather by the recycling practises of consumers. This is because people are more likely to recycle than manufacturers are. This is already seen in the market as there are less plastic throwaway products that are compact and easy to dispose of. These objects often have a nature that is considered to be disposable.
It is likely that the stages will be completed earlier than expected in order to ensure that everything will be prepared in time for the event. We have compiled a list of waste management planning efforts that we believe have the potential to bring the highest benefits to municipalities that have limited resources in terms of both time and money, and we have provided that list below. We believe that the following efforts have the potential to bring the highest benefits to municipalities that: It’s possible that preventative steps that, at the moment, don’t seem like they’ll make much of a difference might end up having a substantial effect on the quality of waste management decisions made after an incident has taken place. This is something that’s worth keeping in mind(Slath,2019).
Theories and concepts from the CSR module
For example, there are not many locations that are able to accept radioactive material and dispose of it in a secure manner. If employees are informed, prior to the occurrence of a radioactive incident, of where the trash may be transferred and whether or not the facility will accept it, the site can be cleaned up more quickly. This is because workers will know where to take the garbage and whether or not the facility will accept it (for instance, contaminated waste can immediately begin to be transported off-site to a permitted facility). This makes it possible for the property to be restored to its initial condition considerably more quickly (e.g., minimises opportunities for radiation to spread into the surrounding environment due to weather and other factors). Even if the likelihood of a radiological disaster happening in a particular city is very low, it is nonetheless in the best interest of everyone involved to undertake precautions for the possibility that radioactive waste may get polluted. In the aftermath of a major natural disaster, there is a possibility that radioactive and hazardous waste components may be produced as part of mixed waste. This presents a potential health threat. This is a potential outcome. Because of the potential for widespread damage to hospitals, these wastes will need to be managed in a facility that has been built from the ground up specifically for the purpose of carrying out this function. Because of how things now stand, this must be done.
By implementing a strategy of pre-incident waste management planning, the Environmental Protection Agency (EPA) lends a hand to local governments in their efforts to become more well-equipped to meet the prerequisites of incident trash management. This is the case irrespective of the kind of danger that may or may not be present. This approach that has been offered for emergency managers and planners will handle the four fundamental emphases of initiating, producing, and maintaining an up-to-date waste management plan. These are the essential focuses that will be addressed by this strategy.
The implementation of a plan for the disposal of waste comes in at number five on the list of priorities. It is not only conceivable but also desirable for a large number of individuals to work together simultaneously on the creation of different strategies for waste management. This is because the more people that are involved, the better.
Capoor, M.R. and Parida, A., 2021. Current perspectives of biomedical waste management in context of COVID-19”. Indian Journal of Medical Microbiology, 39(2), pp.171-178.
Das, S., Lee, S.H., Kumar, P., Kim, K.H., Lee, S.S. and Bhattacharya, S.S., 2019. Solid waste management: Scope and the challenge of sustainability. Journal of cleaner production, 228, pp.658-678.
Despoudi, S., Bucatariu, C., Otles, S. and Kartal, C., 2021. Food waste management, valorization, and sustainability in the food industry. In Food waste recovery (pp. 3-19). Academic Press.
Higgs, C.J. and Hill, T., 2019. The role that small and medium‐sized enterprises play in sustainable development and the green economy in the waste sector, South Africa. Business Strategy & Development, 2(1), pp.25-31.
Mungai, E.M., Ndiritu, S.W. and Rajwani, T., 2020. Do voluntary environmental management systems improve environmental performance? Evidence from waste management by Kenyan firms. Journal of Cleaner Production, 265, p.121636.
Puntillo, P., 2022. Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications. Corporate Social Responsibility and Environmental Management.
Romero‐Hernández, O. and Romero, S., 2018. Maximizing the value of waste: From waste management to the circular economy. Thunderbird International Business Review, 60(5), pp.757-764.
Slath, A. and Nikhanj, A., 2019. Food waste management and corporate social responsibility in Indian food service industry: A conceptual analysis. In Urban Agriculture and Food Systems: Breakthroughs in Research and Practice (pp. 196-209). IGI Global.
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