Substainable Companies

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Words: 1250

Pages: 5

Category: Business and Industry

Date Submitted: 09/23/2011 10:04 AM

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Sustainable Development “refers to the development that meets the needs of the present without compromising the ability of future generations to meet their own needs (Lawrence, & Weber 2010 p. 223).” Currently there are companies that are trying to meet goals of sustainable products. General Electric Company ranks 1 for being the most sustainable company in the world. Proctor and Gamble comes in 13th place, being the most sustainable company globally. “GE reported waste productivity of $729,685 in sales per tonne of waste produced, which places it in the 89th percentile of the Capital Goods industry group; the conglomerate also doubled its carbon productivity from 2006 to 2008, cutting total carbon emissions from 10.8 million tonnes to 6.5 million tonnes, while increasing sales from $150 billion to $181 billion (Global 100).” “The Procter & Gamble Company manufactures and markets consumer products in countries throughout the world, providing products in the laundry and cleaning, paper, beauty care, food and beverage, and health care segments; P&G reported that it had resource productivity in the lowest quartile of its Household & Personal Products industry group (Global 100).”

Sustainable Companies

Two companies that I researched were Proctor & Gamble, and General Electric Company. Proctor &Gamble’s commitment begins with purpose, values and principles; they work hard to make their actions matter. P&G established five strategies for Sustainability and set goals to be achieved by 2012 (P&G). The five strategies that they came up with are:

Products- “Develop and market at least $50 billion in cumulative sales of sustainable innovation products which are products that have an improved environmental profile (P&G).” Operations-“Deliver an additional 20% reduction (Per unit production) in CO2 emissions, energy consumption, water consumption and disposed waste from P&G plants, leading to total reduction over the...