Although it is not a simple task to maintain a high level of output while minimizing negative effects on
the environment, it is companies’ duty to do so in order to protect our planet and head towards a
greener approach to economic development. Here are some solutions that organizations, especially
larger ones, can refer to to address the matter. First of all, companies should find alternatives for their
raw materials. Look for materials that are less harmful to the environment, recyclable, or renewable. To
cut down on emissions from transportation, this may also entail finding local suppliers. A prime example
of this method is IKEA, as they have committed to only using recycled or renewable resources. By
employing more sustainably sourced cotton and timber, for example, they have made progress in
lowering their overall impact on the environment. Secondly, corporations really should rethink how they
use energy. The usage of non-renewable energy sources such as coal, oil, or natural gas is one of the
major contributors to global warming and air pollution. With that being said, utilizing renewable energy
sources, such as solar or wind, can significantly lower a company’s carbon footprint. Additionally, energy
efficiency should be taken into account, as doing so not only reduces harmful effects to the environment
but also can help with saving our depleting energy sources. Last but not least, the practice of so-called
lean manufacturing being applied by a number of industrial powerhouses, namely Toyota, is worth
considering, as the implementation of this method of production can greatly reduce wasteful products.
This involves decreasing surplus inventory, making the most use of available resources, and simplifying
procedures to increase productivity. Overall, by combining a wide range of methods and practices,
companies can start contributing to solving environmental problems without having to sacrifice too
much of their profit.