Sustainable Development in Business Case Study Example | Topics and Well Written Essays - 3500 words

Sustainable Development in chore - Case Study Example(Organisational Sustainability, n.d.)Andrew Mangan, an environmental entrepreneur promoted bps or by-product synergy programs as a means to achieve the goals of brookable organic evolution. It is a process that helps the companies to discover new ways in order to convert the waste products into saleable commodities. The goal of Mangan is actually twofold - to promote the wider adoption of BPS programs and as well to create business out of helping the companies adopt such by-product synergy programs. (Anderson T., and Mackenzie S., n.d.) in that respect has been a lot of research in the field of sustainable technology and design along with the rendering of business tools, but in most of the instances, the well designed technologies fail to become broadly adopted, non due to the fact that in that location are flaws in the technology but due to the reason that there is inadequate sustainable method of servicing, distributing, and improving the technology. Any business needs start up nifty in order to fund the design of technology and its development along with a self sustaining taxation stream, which would support the growth as well as be meaningful in terms of trim pollution. The reason behind the development of EnviroFit International business amaze was to allow for the design, development along with the spread of environment friendly technologies all over the world. This position leverages the participation of the local in country stakeholders in order to ease acceptance and the implementation of RetroFit technology. The key components of this model are using donations for the development of technology as well as operating usefulnesss from the product sales to growth, support operations, emissions trading, microfinance and also local partnerships. This business model is till in progress and is executing the business plan along with reducing the perceived risks, by making progress against the va lue setting milestones like raising investing capital, field tests and developing important partners in supply chain these would increase the credibility of the business model and also its management. This business model would be highly beneficial for those environmental technologies that lack necessary profit margins in order to make them attractive to the traditional for-profit model. This would provide sufficient margins in order to sustain a particular enterprise without continued infusions of donations or capital. This business model would also in legal in reducing the environmental pollution. (Hudnut P., Bauer T. and Lorenz N., n.d.)Triple Bottom Line was originated among the investors seeking a way of position their money in those enterprises that are economically profitable, socially just and environmentally sound. It is the need of the time to model the systems properties or the ecological characteristic of various domains of productivity and also to design the instituti ons of monetary and financial services, which batch optimize the productivity in these domains. The theory and the institutions should base on the concepts of triple bottom line. The concept of