GLOBAL STRATEGY

& SUSTAINABILITY
REPORT- TESLA

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  Corporate sustainable investment may refer to ESG,
The 3 Pillars which stands for environment, social, and
governmental sustainability, or SRI, which stands for
of socially responsible investment. The most common
definition of sustainability is meeting present
Corporate demands without compromising the capacity of future
Sustainabilit generations to do the same. Economic, social, and
environmental foundations make up its three main
y components. These three pillar aspects are
colloquially known as "people, planet, and profits."

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  Employee health and safety at tesla
Tesla provides employees with free health insurance as
well as other perks. Why Employee suggestions,
affirmative remarks, discover its repair, and continuous
People improvement plans show that employee pledges to
reduce health hazards increased from 3,000 in 2017 to
Aspect of over 23,000 in 2019 (Shiddiq 2020).
sustainabilit  Tesla ending disparity
y by TESLA The electric car manufacturer wants to make sure that
all employees, particularly those from historically
underrepresented groups, are equally represented as
awarded the best division employer in 2019. (Sinkovics,
Kuivalainen & Roath 2018).

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  For approximately 16,000 people, Tesla provided
catastrophe aid during the 2018–2019 fiscal year. The
electric car manufacturer helped 40 different areas
recover from severe disasters in 2018–2019. Tesla
was not immune to obstacles. According to the most
Profit recent National Transport Highway System
aspect of Administration Survey, there are no systemic issues,
and no recalls have been issued for Tesla autopilot-
sustainabilit compatible vehicles (NHTSA)(Tarasova 2021).
 Tesla keeps improving its systems while keeping an
y by Tesla eye on the big picture and the future. This sustainable
management approach becomes a model for
companies wishing to compete in the market,
safeguard the planet's resources, and create a
sustainable society.

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Tesla's  Over the course of their lives, gasoline-powered
carbon automobiles with internal combustion engines (ICEs)
are predicted to emit 69 tons of CO2 (Sinkovics,
emissions Kuivalainen & Roath 2018; Tarasova 2021).

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Points of
interest for
the CEO of  In Elon Musk's ideal future,
Tesla  a house with a Tesla Solar Roof, a Tesla Powerwall, and

regarding  a Tesla Car Park would have all of its energy stored.

Tesla will force other business titans in the energy

future sector to change and address the issue of climate
sustainable change by developing such solutions, acting as a
disruptive leader in sustainable advancements.
developme
nt

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  The R&D divisions at Tesla can collaborate with other
businesses to investigate novel concepts.
 Collaborations in community R&D and mechanical
systems are two of Tesla's efforts to improve the
results of product development. By using cutting-
edge production methods, the company can reduce
Recommen operating costs.

dations  Machines used in mass manufacturing can do various

operations without the assistance of skilled workers.
The business can reduce its labour costs by using
specialised machinery for manufacturing.
 Line balancing can also be used to reduce waste,
downtime, and stock levels of work-in-progress, all of
which lower the cost of the finished product.

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