Analysis of Sustainability in Practice Essay Example | Topics and Well Written Essays - 1500 words

Analysis of Sustainability in coif - Essay ExampleAs a technology comp any, Siemens worldwide aims to capture opportunities for sustainable onward motion of customers and the organization. Corporate social responsibility generates sustained value for the betterment of society. Siemens is a future-oriented company which believes in sustainable development and responsibilities towards the society and has undergone out of the way to fulfill its commitment to the welfare of people, earth and the business. sustainable development is beautifully explained as Meeting present needs without compromising the ability of future generations to forgather their own needs (Grayson et. al 2012). Sustainability is seen as the eco-development approach for the preservation of resources. Moreover, social responsibility is an obligation to tangle with corporate duties for the welfare of society (Ebner & Baumgartner 2006). Seeking economic benefits stays as the mission for the existence of any business . However, CSR provides societal development which indirectly supports the motive of the business. By long-term value creation for the society, businesses fulfill their business as a member and contribute to the growth of the firm. Proponents of sustainable development suggest that resources are extraordinary so sustainable use is crucial for growth otherwise the quality of life will turn down (Blewitt 2008). For instance, if a tree is slashed without planting another one, this will eventually turn a woods into a desert. The issue of sustainability has become even more challenging with the massive growth in universe of discourse because it will raise the consumption and demand for resources. Sustainability involves a firm commitment towards needs of the poor along with economic and social improvement and also realizing the limited nature of resources. Corporate Social Responsibility is an estimableobligation to the community at large.