FINANCE CASE STUDY-ASSIGNMENT 5
Assignment 5 Sustainability Planning Business Plan
Scope of sustainability policy: it means acting and operating in a manner which takes into considerations social and environmental responsibility along with financial responsibility. It helps to satisfy the needs of the present generation without hampering the ability of future generation to meet their own needs.
Gathering information and consulting stakeholders: the plan and development policy of the sustainability planning need to be gathered from a wide range of sources. According to Munnell, & Aubry (2016), while developing key policies of sustainability planning, stakeholders view must be considered.
Appropriate strategies in policy: at all stages of work, appropriate strategies in policy must be developed in order to reduce wastage of resources, minimizing wastage of toxic materials and hazardous chemical use.
Policies reflecting organization’s commitment to sustainability: organization should adopt policies that reflects commitment and sympathy of the organization towards environment protection.
It is very important for every organization to adopt practices that benefits the nature and surrounding environment.
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