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Fundamentals of ADE Essay - Current Business Environment
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Essay with good marks and better English on the current company environment
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Sustainability refers to the ability to fulfill present generations' needs withoutcompromising future generations' needs. However, how is being sustainable beneficial for
companies? What problems will companies face? Is it realistically feasible? The purpose of
this essay is to answer these crucial questions and debate whether it is profitable for
companies to be sustainable or not. Firstly, this essay will offer some context regarding
current sustainability regulations. Furthermore, it analyses an article relevant to the topic.
Moreover, it explains how (if true) companies benefit from being sustainable. And lastly, it
will dive into what problems companies may encounter in their journey to becoming
sustainable.
First and foremost, let us take a look at current regulations. When running a
business, the production of waste is inevitable. Therefore, companies have the responsibility
of properly disposing of their waste, be it by recycling materials, storing hazardous and
potentially dangerous waste safely, or simply keeping its production to the minimum.
Specifically in the United Kingdom and the US, there are regulations applied to businesses
that produce packaging or sell packaged products, such as having a recycling obligation or
having to pay a landfill tax depending on the amount of waste disposed (Environmental
Protection Agency). However, as mentioned, this only applies to specific territories, when in
reality it would be ideal for it to be compulsory worldwide. This is exactly the topic that the
piece of news that we will be focusing on today expands on.
“Compostable and edible packaging: the companies waging war on plastic” (Boztas,
2016) is a relatively old news article, but it is sadly still relevant nowadays. Each year at least
8 million tonnes of plastic end up in the ocean and it is predicted that by 2050 there will be
more plastic than fish in the sea (MacArthur, 2016). Therefore, experts have, over the years,
developed a series of alternatives that unfortunately have proved questionable. For
instance, biodegradable plastics were defined as well-intentioned but wrong (Jacqueline
McGlade, UN’s chief scientist), as they do not break down in oceans. Furthermore,
oxo-plastics are also damaging, as they do not decompose completely, but rather break
down into microplastics. Overall, the article aims to stress the importance of tackling the
plastic waste crisis by developing compostable packages and ensuring that businesses use
them.
A sustainable business strives to have positive impacts and minimize adverse effects
associated with them. Although being sustainable often means a huge initial investment, it
can pay off in the long haul. For example, it usually improves the brand’s image and makes it
stand out, even gaining customers only because it respects the environment. Moreover, it
makes it easier for the company to comply with environmental regulations. Another
advantage that is not very well known, is that many countries have started an initiative
where if the business is green or eco-friendly it may get a deduction in the amount of taxes
that it has to pay (Going Green in Canada, 2018).
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