Professional Documents
Culture Documents
Responsible Business
Activity 13_Group 10_Wed_1PM_Jan
2. Non-Market Measure 1 (Energy and Water Consumption) - Customer Measure 1 (Attract New Customers)
■ Housing Energy is a major challenge of 21st century (Basu et al., 2013)
■ Reduce energy and water consumption by 10% and 20%, respectively.
■ Not greenwashing as it helps reduce the negative effect on the environment.
■ Linkage: Increase customers' profitability as they pay less for the same product with better services and technologies and attract new customers
to GAL's market (5 people per month)
3. Non-Market Measure 2 (Waste Management and Recycling Volume) - Financial Measure 1 (Revenue Growth)
■ Improve waste management and recycling volume by 30% in a year
■ The urgency of this strategy: Home appliance product contains toxic substances such as cadmium and mercury (Cui and
Forssberg, 2003; Ongondo et al., 2011, as cited in Lin et al., 2019); Steel, plastic, copper, and aluminum are recyclable items.
■ Linkage: attracts investors and customers, generating greater profits for the business (expected to increase 5% per month).
3th Speaker
Why Linear Thinking Challenges Circular Economy and How to Achieve its SBSC Waste Reduction Strategy
Why linear thinking challenges Circular Economy? How to achieve its SBSC waste reduction strategy?
Climate Change
Waste and Recycling The unpredictable climate caused by rising Customer and Community
temperatures has a serious impact on local
Companies must consider the way communities (Beckford et al, 2010).
the product packaging is handled. CAL should take the initiative to
CAL should use new sustainable understand the environmental
GAL can disassemble discarded transportation modes and green renewable
appliances and household governance measures in the
fuels. communities
appliances and reuse recyclable CAL can jointly promote the correct
parts. GAL should be transparent about the
disposal of waste packaging and products way its products
with the local environmental protection
bureau
5th Speaker
How Indigenous-based Stewardship challenges the traditional ideas of ‘ownership’ ?
How GAL can use this to its advantage as part of preparing its Sustainability Report and its overall repositioning as a
responsible business ?