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Although continued industrial development is important and inevitable,companies must take care of the environment in the process - Essay Example

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Although Continued Industrial Development is Important and Inevitable, Companies Must Take Care of the Environment in the Process INTRODUCTION Industrialization has the capability to help achieve a variety of social objectives such as employment, poverty abolition, employee standard, gender equality and greater access to education and healthcare…
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Although continued industrial development is important and inevitable,companies must take care of the environment in the process
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"Although continued industrial development is important and inevitable,companies must take care of the environment in the process"

Download file to see previous pages Environment protection is the method of preserving the natural environment regarding the interests of the stakeholders, including customers, employees, government and the other influencing bodies with utmost priority. It has often been argued in this regard that the pressure of over-population (allegedly encouraged by business sector growth within a given region) and continuous industrial development acts as the main determinants of environmental degradation (Tamazian and Rao 4-6). Subsequently, such external pressures in terms of the social responsibilities of the corporate bodies have recently been motivating them to go greener by lessening their rate of environmental degradation and at the same time, ensuring continuous growth to meet the customer demand to achieve economic development. Hence, a two way prolonged approach has to be followed in parallel by companies in the modern era. By following steps like switching from non-renewable sources of energy to renewable sources, targeting cleaner and hygienic production procedures, reusing wastes and implementing strategies that focus on environment friendly product designing, an organization can easily maintain the sustainable growth (Koh, Ghazoul, Butler, Laurance, Sodhi, Mateo-Vega and Bradshaw 67-71). THESIS STATEMENT As can be observed from the above discussion, companies are certainly witnessing pressure to consider environmental sustainability with almost equal and even at times with more importance than their profitability concerns, in the advent of continuous industrial development. This thesis will correspondingly, aim at assessing the need for taking environmental care measures by companies and the associated challenges, by synthesizing on the argument that “Although continued industrial development is important and inevitable, companies must take care of the environment in the process”. NEED FOR ENVIRONMENTAL CARE FOR COMPANIES IN CONTINUED INDUSTRIAL DEVELOPMENT The series of debates emphasizing industrial development implications on the natural environment in the forms of deforestation, climate change as well as air and water pollution has apparently contributed to the need for environmental care within the modern organizations (Esty & Winston 7-12). From a generalized point of view, it has been argued in the recent era that as a consequence of industrial development at a rapid and a continuous rate, need for resources among companies have also increased manifolds. In order to suffice this growing need for resources, especially energy resources and natural ingredients, companies have been sourcing large amounts of these assets from the environment. Such extractions have further resulted in various environmental challenges, majorly attributed in the form of climate change, unsustainable minimization of natural resources and imbalances in the biological cycle on earth (Esty & Winston 35-40). For instance, Geist and Lambin argues that the major proximate causes of environmental degradation through deforestation as a consequence of industrial development are unplanned agricultural expansion, irresponsible wood extraction and infrastructural expansion through building roadways and city areas in support of urbanization as observable in Africa, Asia and Latin America (5-15). Subsequently, these risk factors have been inhibiting the stability of the ...Download file to see next pagesRead More
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