This paper is published in Volume 3, Issue 1, 2018
Area
Corporate Sustainability
Author
S. Ranganadhan
Org/Univ
BOP Consultants Pvt. Ltd (Beacon Systems. Inc Subsidiary), India
Pub. Date
30 January, 2018
Paper ID
V3I1-1196
Publisher
Keywords
Environment, sustainability, Carbon Footprint, Global Temperature, Disclosures

Citationsacebook

IEEE
S. Ranganadhan. Environmental Stewardship for Sustainable Business - A Review in Global Perspective, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARnD.com.

APA
S. Ranganadhan (2018). Environmental Stewardship for Sustainable Business - A Review in Global Perspective. International Journal of Advance Research, Ideas and Innovations in Technology, 3(1) www.IJARnD.com.

MLA
S. Ranganadhan. "Environmental Stewardship for Sustainable Business - A Review in Global Perspective." International Journal of Advance Research, Ideas and Innovations in Technology 3.1 (2018). www.IJARnD.com.

Abstract

Environmental stewardship and compliance is a major step towards sustainable business. The important environmental concerns arise at the procurement of resource/manufacturing and sales, product use and collection and disposal of end-of-life product stages. A global reporting matrix of materials is advocated by UN. The advocacy of utmost importance is a reduction, reuse, and recycling in any corporate company. Critical issues in environmental stewardship are energy, water, and emissions. Carbons footprint -conscious growth is an integral part of a sustainability strategy. Investments in R&D and compensating exploited eco-system are must to retain the sustainability of the business. UNGC Communication on Progress (COP) Mapping has detailed the issues to be monitored and reporting process. The issues on environmental Stewardship were under UNGC Communication on Progress (COP) Mapping viz., Criterion 13 to 16.The COP describes robust commitments, strategies or policies, effective management systems and key outcomes of integration of the environmental principles in the area of Implementation. Companies are associating with World Business Council for Sustainable Development (WBCSD) and the World Resource Institute (WRI) for standard procedures for water-related risks and assessments. At global level efforts for limiting temperature increase to less than 2oC is taken seriously and action programme is being set. The paper describes the issues in relation to reporting to be made under international standards.
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