The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Analysis
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The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Solution
The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help is a popular name of a New York based, world's leading company in the food and beverage market. company is a leading brand in practical treats, foods and drinks with its existence in about 200 nations.
The report contains a deep analysis of various elements of the social responsibilities of significant companies in the food and drink industry in basic, and Case Analysis in particular. It also provides an analysis of the growing health and environmental concerns including obesity, heart diseases, environmental destruction and so on in the Western nations and the function of the companies in the food and beverage market to deal with these problems. The report likewise supplies an examination of the extent of sustainability and CSR in the The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution's organisation method in addition to the decision of how Case Study Analysis produces worth for its customers. Furthermore, the report also supplies specific tactical options for Case Solution to incorporate the criticism over its social duty with particular recommendations and an implementation strategy.
Concerns Recognition
Case Study Help had taken certain crucial actions regarding the ecological effects of its products, however, these steps are not enough to end up the criticism over the business's responsibility towards social and environmental concerns. This is needed to take certain strategic steps to alter the market position of its specific well-known brand names and present Case Study Analysis as a business producing healthy products in the market. In this regard, business and other food and drink business need to utilize their power to move the consumer taste towards healthier items to remove the restrictions in the growth of food market.
Important Analysis
The shift from the use of natural food to manufactured food has actually highly affected the health of the customers. All of the information related to the health problems with the incorporation of made food in the market explain the prevalence of the health concerns related to food system. These problems are indirectly the outcome of various practices of the food and beverage business for creating value for their consumers.
Value Creation at The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution
The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help being a giant company in the food and beverage market, supplies high value to its customers by different ways. Worth development in the food and beverage industry is done through two ways i.e. taste and accessibility of the item. Case Study Solution has a competitive benefit in supplying its items far and wide worldwide. Its marketing ability makes it able to target a big base of customers. The business exists in about 200 countries with a a great deal of famous international brands. The far and wide existence of the company products provides high value to consumers.
Additionally, the business develops worth for its customers by methods of supplying large number of yummy food products consisting of salt, fat and sugar, which are the ingredients that are straight connected with the psychological core of the consumer's brain. The The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help together with other giant food and beverages companies develop worth for its customers by manipulating these ingredients in its items. Case Study Help in addition to other giant business has an interest in finding ways to increase the customer worth from its items through exploiting the vulnerability.
In addition to it, the company also produces worth by ways of incorporating the healthy point in its items. The business has actually done specific efforts in order to provide healthy items and decrease the share of The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution in general environmental destruction. Case Study Solution has taken particular steps associated with the sustainability of people and environment including the 2009 announcement of the enthusiastic goals and commitments connected to Case Study Help products, marketplace and the neighborhood.
All of these methods have actually been effective at producing worth for the Case Study Help customers. Increasing health associated issues have raised the criticism for Case Study Help.
Useful Role of Major Food and Drink Companies in Dealing With Social and Ecological Expenses Connected With the Market
Undoubtedly, major food and beverage business consisting of business, etc. can play a constructive function in attending to social and environmental costs connected with the market. The environmental expenses associated with food and beverage market consist of the ecological destruction due to the increase of nitrogen which has actually resulted in the decreased water drinking patterns, river contamination, and increased emission of greenhouse gases from soil and so on. All these factors results in environmental destruction which might be a big risk to the presence of mankind in future.
Major reason for these environmental changes is mass usage of nitrogen abundant fertilizers and the ingredients by the food and beverage companies. Food and drink business ought to play an useful role in resolving these problems to remove their development restrictions related to the criticism from the ecological neighborhoods.
The business need to avoid use of nitrogen fertilizers and ought to search out the products of those farmers that do not use fertilizers for their crop. The companies could use renewable energy sources at their production plant to compensate the greenhouse gas emissions from the usage of nitrogen-rich items.
Along with the environmental costs there are certain social expenses related to the food and drink market which must be dealt with by the huge food and beverage companies to attain the industry growth and to avoid the criticism from the ecological communities. Social costs associated with the industry consists of the increasing health issues related to weight problems, heart problem, diabetes etc. However, the giant companies might play a positive role in dealing with these problems.
The business could move towards healthier products by decreasing the quantity of toxic compounds in their processed foods i.e. dioxin, which might lead to lethal human diseases. Together with it, the companies need to utilize more healthy ingredients rather than derivatives of Corn and Soy to increase number of calories from their products. The companies might likewise do efforts to move consumer tastes towards healthy products as they have actually controlled the consumer taste for few years. In this method the huge food and beverage business could play a positive role in addressing social and environmental costs related to the market.
Examination of Sustainability at The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution
There was a possible shift in the corporate method and goals at Case Study Analysis. The brand-new CEO was concentrated on purchasing healthier products for attaining sustainable development for the business in addition to supplying much healthier future for individuals and the planet both. Under the new vision, the slogan of the company was also changed from the "fun for you" to "much better for you".
Human Sustainability
business acquired Quaker Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic drinks to introduce various healthier items in its portfolio. Despite of being considered a Case Solution's healthy brand name, the products of Quake Oats contained numerous active ingredients which were dangerous to health.
In addition to the inculcation of healthy brands in its portfolio through acquisitions, The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution has actually taken certain sustainability actions for its market locations. One of major examples in this regard is the Business's marketing method related to schools. The company markets just low calories and healthy drinks options in schools.
Another step taken by Case Study Help towards human sustainability is the shift of its focus towards research study and advancement for presenting new and healthy items in its portfolio. The business has increased its research and advancement budget and has presented an army of health researchers to design particular healthy products.
Environmental Sustainability
In this regard, the company committed to reduce its product packaging by millions of tones to prevent high amount of wastes. The company has committed to decrease greenhouse gas emissions along with the accomplishment of effectiveness in the energy use.
On the basis of above analysis, it could be figured out that the business has taken numerous steps towards human and environmental sustainability. However these steps are still not sufficient to attain the desired commercial growth and to lower the criticism over the social responsibility of The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help.
Alternatives
Certain long term tactical alternatives could be derived for the business on the basis of above analysis. These options can be examined on the basis of the fact that how the alternative would enable the business to attain its objective of potential development and reduce the criticism over the company. Moreover, the alternatives might be examined on the basis of the time frame that would be taken by an option to be executed along with the expense and risks associated with the option
Alternative-1: intro of a New Product line Associated with Healthy Foods and Beverages
The first step that The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution could take is to introduce a new line of product associated with healthy food and drinks. Although, the company has actually currently presented particular heath associated brands, but, the variety of these brand names in its portfolio is not possible to decrease the criticism and attain potential growth. Therefore, the business must introduce a wide variety of healthier items by using its substantial research and development expenditures. The advantages and disadvantages related to the introduction of a healthy product line in the portfolio are offered below:
Pros:
• Ability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological concerned societies and neighborhood advancement organizations.
• Satisfaction of the social duty by settlement of the hazardous products with healthy products.
• Might be implemented within couple of years i.e. 3 to 5 years.
Cons:
• Threat of failure of the brand-new items in the market i.e. customers might not like the taste and might not accept the healthier products due to the addicting nature of harmful items.
• The hazardous products in the item portfolio might make the incorporation of healthy products fail to lower criticism.
• Huge expense of research study and development required to build new healthy items.
Alternative-2: High level Acquisition of Health related Business
Another alternative option to attain the potential growth and decrease the criticism is to acquire the health associated business at a high level. Investment in these kind of companies would allow The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Analysis to introduce a big range of healthier items within a brief time period without any requirement of considerable research and advancement expenditures. The advantages and disadvantages related to alternative 3 are offered below:
Pros:
• Conserving of huge amount of research study and advancement costs for brand-new item advancement.
• Incorporation of new items within two years.
• Ability to target a great deal of customers i.e. health mindful consumers.
• Decrease of the criticism of ecological worried societies and community advancement organizations.
• Satisfaction of the social duty by settlement of the hazardous items with healthy items.
Cons:
• The acquisition might not prove to alter the image of The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Analysis as in case of Quaker Oats.
• Requirement of big amount of capital.
• Risk of failure of the brand-new products in the market i.e. customers might not like the taste and may decline the much healthier products due to the addicting nature of harmful items.
• The dangerous products in the item portfolio may make the incorporation of healthy products stop working to minimize criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative choice for The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help is to replace all of its dangerous products with healthier items. The replacement of hazardous items with healthier items would entirely change the market position of the business and would need a big number of required actions to be taken.
Pros:
• Change of market position of The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Help
• Ability to target a great deal of customers i.e. health conscious consumers.
• End of all of the criticism of ecological worried societies and community development companies.
• Satisfaction of the social obligation
Cons:
• Danger of failure of the new products in the market i.e. consumers might not like the taste and may not accept the much healthier items due to the addicting nature of hazardous items.
• Big cost of research and development required to develop new healthy products.
• Employee may withstand over the change in the business model and organisation technique.
• Variety of years required for the execution.
• Shift of focus from the core competencies.
Recommendations
With the deep analysis of the company's CSR, issues dealt with by the business and the current market circumstance, The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution is advised to consider alternative 2 of high level of acquisition of health associated companies. As the acquisitions would make it possible for the company to save of huge quantity of research and development costs for brand-new product advancement. Together with it, acquisitions would allow incorporation of brand-new items within 2 years along with the capability to target a great deal of consumers. Additionally, the acquisitions would lead to the reduction of the criticism from the concerned organizations.However, the alternative would need huge amount of mutual fund. The companies might not be able to lower the criticism. However, with a cautious analysis of the acquisition with an aggressive marketing campaigns, The Equator Principles An Industry Approach To Managing Environmental And Social Risks Case Study Solution might prove to be effective in attaining the targets.
This The Equator Principles An Industry Approach To Managing Environmental And Social Risks case study is writen by : Benjamin C Esty
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