Assignment 1

Name Mahesh Jagdale

Div B, Roll no.13115B0034

Business and Environmental Management

1.How are two related in current scenario
Hindustan Unilever Limited, Indias Largest FMCG company
and Bharti Retails easyday Market and easyday stores,
announced a joint initiative to promote plastic recycling
among consumers in National Capital Region (NCR).Both
focused on products made of recycled and reusable material.
Unilever approach to sustainable packaging takes a lifecycle
perspective and targets waste reduction through a
combination of reducing, reusing, recycling and eliminating
packaging materials.
The Unilever Sustainable Living Plan decouples business
growth from environmental impact. It sets out over 50 social,
economic and environmental targets
It will ensure that while consumers have the opportunity to
improve their quality of lives through use of our products it
will also reduce the environmental impact of this
consumption.
2. What are the pressures and reasons for

introducing Environmental management in

Bussiness.
During last few decades the concept of sustainable
development has established itself as an important concept
not only at global level but also at corporate level.
Sustainable development includes three areas: economic
growth, ecological balance and social progress
Environmental sustainability is about making responsible

decisions that will reduce business' negative impact on the

environment. It is not simply about reducing the amount of
waste produce or using less energy, but is concerned with
developing processes that will lead to businesses becoming
completely sustainable in the future.
Businesses can potentially cause damage to all areas of the
environment. Some of the common environmental concerns
include:
Damaging Prime Agricultural And Cultivated Land Through
The Use Of Unsustainable Farming Practices.
Polluting The Atmosphere Through The Burning Of Fossil
Fuels
Polluting And Over-Fishing Of Oceans, Rivers And Lakes
Damaging Rainforests And Woodlands Through Logging And
Agricultural Clearing

3.Advantages and Disadvantages

I.

Health and Safety

Environmental laws protect the health and safety of humans
and the environment. For example, the Clean Air Act limits
emissions of pollutants, and the Marine Protection, Research,
and Sanctuaries Act prohibits dumping of waste into U.S.
ocean waters without a permit. (See References 1 and 4)
Without such laws, businesses and individuals might do
whatever was most convenient or cost-effective for them,
rather than acting for the good of society and the
environment.

II.

Innovation

Stricter environmental laws tend to increase innovative

environmentally friendly technology, The demand for
sustainable technology rises as companies and individuals
must follow stricter environmental regulations, leading
researchers and clean energy entrepreneurs to focus on
developing such technologies. Ultimately, this increases the
prominence of sustainable technologies, making them more
accessible.
III.

Costs
Businesses may see certain EMS in a negative light if they
must adapt their practices and increase spending to comply
with regulations. Individuals may feel inconvenienced by
particular laws as well, such as a new law against fishing in a
favorite spot. Conducting a cost-benefit analysis of EMS
often proves challenging, as negative effects of not
implementing these laws -- such as death, illness and
ecosystem destruction -- cannot always be easily quantified
in monetary terms. However, becoming more
environmentally friendly may actually save businesses and
individuals money in the long term, particularly by reducing
waste and energy usage, despite the cost of the initial
investment.

IV.

Oversights
EMS that impose regulations without considering their
impacts on local communities come with a serious
disadvantage: lack of local support. For example, a law that
commands people to stay out of a protected natural area,
without recognizing that people rely on this ecosystem for
their own daily needs, may not only constitute a human
rights violation, but may actually backfire, says the Center
for International Forestry Research

V.

Improved Public Image

By implementing an EMS, company will prevent pollution,
preserve natural resources, and reduce or mitigate
environmental risks -- and it will create an environmentally-

friendly image with different stakeholders. As a result,

company will enhance customers trust, attract new
customers, enter new markets and enhance employee
morale. A survey concluded that customer and community
pressures triggered most companies adoption of
environmental management plans.

4.Your view on Greenness in business

Green concept in business became quite popular in the last 5
years. The applications of green in every business
management discipline succeeded well with in a short
period. It gives sustainable advantage over competitors,
prevents pollution, preserves natural resources, ensures
environmental safety, improve cost-effectiveness,
productivity and working conditions, prolong the useful life of
fossil fuels, avoid unnecessary expenditure, prevent related
emissions to the environment. Presently the companies and
departments are focusing on bringing green flavor in their
products, management policies, and programmes in order to
attract the customers. The Green advertising which is a new
concept in advertising has shown tremendous acceptance in
the public. Many companies and industries are looking into
the idea of going green which can help them to concentrate
on consumer more as he is showing interest in everything
that is green, in food, echo friendly appliances, organic food
and even paying attention to greenery environment.