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Multinational Companies and Their Impact on Environmental Sustainability - Assignment Example

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In the paper “Multinational Companies and Their Impact on Environmental Sustainability” the author evaluates the progress of multinational companies in reducing their impact on environmental sustainability. Environmental stewardship is a stance that global organizations uphold…
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Multinational Companies and Their Impact on Environmental Sustainability
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Download file to see previous pages The outcomes are polluted air and water and the fast deterioration of animal species. The scientific community has expressed concern over sustainability issues, considering the burgeoning 5.8 billion population of the world, which is projected to double within the next 30 years. Thus, serious measures on environmental sustainability need to be implemented now (Kilman, 1999).
Monsanto has undertaken environmental sustainability programs that necessitate management to enhance three managerial competencies. The first thing that they did was to heighten their global awareness competency through the creation of offerings for global markets. The organization’s research team has dedicated their efforts to creating advanced products that have pragmatic, premium value to customers around the globe, but especially to those in developing countries. Moreover, the management of Monsanto is designating resources to be able to cope up with technological trends. For instance, in the agricultural arena, the organization’s researchers have tried to develop products including disease-resistant fruits and vegetables. This effort has been supported by the government, giving them permission to sell genetically engineered seeds in numerous nations. However, there still is some opposition to the move. Lastly, Monsanto’s management has been engaged in the development of competitive, strategic thrusts to compete for head-on with global competition (Kilman, 1999).
Greenpeace, the Sierra Club, and the Union of Concerned Scientists. They have posed the question, for instance, of whether designer crops can contribute to addressing the pollution problem. Moreover, they have also scrutinized the production and utilization of herbicides and similar synthetic products. The Audubon Society has exerted more effort at wildlife protection, being engaged in the active monitoring of corporate practices. ...Download file to see next pagesRead More
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