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Business and the Environment(Thematic Report)

by Sudura Zakir | 16-03-2021 15:29



Business and environment are closely related with each other.But the relationship development between business and environment from extraction of raw materials to the generation of waste has long been neglected.Because business industry has never paid much attention to the environment.Business industry has many negative impacts in the environment.The major problems are industrial wastes,amount of energy,water wastes,black smokes,plastics etc.This poor industrial practices creating harmful impact on climate.

In this way,business affecting environment releasing harmful toxins.By using sustainable resources is not only better for nature but also improves profit and reputation with customers.There are many way outs for minimizing those harmful impacts.For example- Environmental audit can be created about how business affecting environment and set a benchmark for improvement.Set up environmental management system.Managing use of energy in home,business,vehicles and switch to alternative use of energy.Managing use of water.Decrease amount of waste through reuse,reduce and recycle.Using green goods will reduce amount of wastes too.Less use of hazardous chemicals.This is how business industry can reduce harmful impact in the environment.

There is no doubt that business decisions are influenced by the environment.Because environmental conditions that affect business are generally beyond the control of management which changes constantly.To compete with this situation successfully,business workers must study the environment continuously and adapt the business accordingly.Other issues like natural disasters,can also create major impact on businesses.Before that,ecological factor is one of the significant issues in making business decision.For example- Is there any possibility of buying heaters in hot weather?The reason is business industries should manufacture products on the basis of climate change.Which products are essential in which environment?This should be taken into account.Environmental performance is noted for enhancing competitive advantage.We have to know customer and investor demand,supply chain and production networks,decision factors in industrial ecology.So environment has huge impact on business decision which influence operation and performance of company.

This is all about business and environment relations and how they are depended on each other.That's why in terms of business working issues environmental changes playing major roles.It is to be considered that business sector should maintain biodegradable products for using purpose.As a result,environmental problems and climate change can be minimized.