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MNO3704_ASSESSMENT_05_SEMESTER_2_2024 Question 1 MNO3704/Assessment 5 2024 [20] Human and industry activity has a great impact on the environment. Managing this impact is the first step in being environmentally responsible. WoolworR50,00
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MNO3704_ASSESSMENT_05_SEMESTER_2_2024 Question 1 MNO3704/Assessment 5 2024 [20] Human and industry activity has a great impact on the environment. Managing this impact is the first step in being environmentally responsible. Woolwor
MNO3704_ASSESSMENT_05_SEMESTER_2_2024
Question 1
MNO3704/Assessment 5 2024
[20]
Human and industry activity has a great impact on the environment. Managing this impact is the first step in being environmentally responsible. Woolworths is committed to playing their part ...
Question 1
In today’s environmentally conscious world, businesses are under increasing pressure
to adopt sustainable practices. Woolworths South Africa is at the forefront of these
efforts, showcasing its commitment through comprehensive sustainability policies. The
company’s Good Business Journey focuses on reducing its environmental footprint,
particularly in the areas of energy consumption and renewable energy. This case study
examines Woolworths’ strategies to manage energy responsibly and their broader
environmental goals based on information from their official sustainability reports.
Woolworths South Africa has embraced various initiatives to reduce its energy
consumption and minimize its carbon footprint, ensuring that it operates in an
environmentally responsible manner.
Energy Efficiency Measures
Woolworths has made significant investments in energy-efficient technologies. The
company has upgraded its stores and distribution centres by installing energy-efficient
lighting and refrigeration systems, which have played a crucial role in lowering energy
consumption. This is in line with the company’s strategy to minimize its operational
carbon footprint, contributing to its broader sustainability goals (Woolworths Holdings
Limited, 2024). These efforts not only reduce greenhouse gas emissions but also
improve the overall energy efficiency of the business.
Renewable Energy Initiatives
Woolworths has made substantial strides in integrating renewable energy into its
operations. The company has invested in solar energy projects, installing solar
photovoltaic (PV) systems on its facilities. This initiative helps Woolworths reduce its
reliance on traditional, non-renewable energy sources and contributes significantly to
lowering its carbon emissions (Woolworths, 2023). By increasing the use of renewable
energy, Woolworths aligns with global trends in corporate sustainability, demonstrating
its commitment to a cleaner environment.
Carbon Footprint Reduction
Reducing carbon emissions is a priority for Woolworths, which focuses on optimizing
its logistics and transportation systems. The company has adopted fuel-efficient
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