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Global Corporate Sustainable Development Analysis - Case Study Example

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This paper "Global Corporate Sustainable Development Analysis" discusses the assessment of how sustainable development is important for an organization. In order to accomplish it the report has made use of DuPont the US biochemical giant to assess the impact…
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Global Corporate Sustainable Development Analysis
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Download file to see previous pages However the classical definition of sustainable development was given by the Bruntland Commission in the year 1987. It defined sustainable development as ‘Development that meets the needs of the present without compromising the ability of future generations to meet their own needs’ (Misra 236).

In the context of the study, E. I. du Pont de Nemours and Company and DuPont will be chosen on which the sustainability factor will be assessed. Apart from this, the report will also emphasize the issues of sustainable development. Furthermore, the report will elaborate on the challenges that are faced by the company in the context of sustainable development. Thereafter the report will conclude and will offer a few suggestions that will be effective for the company in achieving sustainable development.

DuPont was established in the year 1802 by Eleuthère Irénée du Pont. The company is presently it is headquartered at Wilmington, Delaware, U.S. Initially the company started its business as a gunpowder mill. It is basically a chemical manufacturing company. Based on market capitalization the company is the third-largest chemical company of the world. In the year 2009 DuPont was the third-largest company in terms of total revenue. In terms of the most sustainable companies in the world the company according to global 100 lists of 2012, the company has been unable to find a place (Global 100). However, DuPont was ranked at the 43rd Position by the fortune magazine in terms of ‘most admired companies of the world’. In addition to that according to 100 bets corporate citizens list, it is ranked in the 19th position (“DuPont Sustainability Recognition and Awards”).
Some of the evident products of the company include Corian, Kevlar, Delrin, Nomex, Mylar, Tyvek, Neoprene, Teflon, Nafion, and Nylon resins (“Products & Services”). However, the company also started to manufacture Freon (Chlorofluorocarbons) for the refrigerators.  ...Download file to see next pages Read More
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