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Git 6

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61 views40 pages

Git 6

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BW svoon tay . Atanantng aa Hegutatiog ivory Strategiring Green Initiatives © Green FE (Rewer information technobogy) be the practice al ouvtranneventalty auiataliiatibe cemnpatiny Greon IT aioe ty minioniee the nogative bpaet oF aerations wn he enstennmnent Wy deal Hanutacturtng, operating aint llgpoatng af captors anal caper rotated pronlucle in environmentally fendiy manner # This means ineroaring efforts to support energy efMitenctox af machanteat ant Haig e(utiment tmprove alr quality, Increase Water conservation, higher eneentratton af waNte avatidance, Me roaing recyeling streams, and engaging catering in envinenmentally fetendly practiees © Sustainability fs typioally mone assoctated! with an orjanteation’s HOHE appro’ Hy H take the entire production process and laglsties into constderatian, For example, your may yirehare a Keen radiny made out of recycled goods, However, WF that praduct wax male avery, anid environmentally harmfl methods were used to transport that produet 1. Reduce Energy-Related Costs + Energy and water costs are a prime concern for manufacturers, Hocustag an Inyprovements can reduce these expenses. Often, these Improvements are tealtzed ax annual savings as apposed (w quicker, short-term cost reductions. © Switching to energy-efficient lighting and adjusting lighting levels in accordance with your production schedule will reduce your long-term electrical casts, Regular equipment inspections Will also prove beneficial, For example, air compressor leaks can bo a waste of energy aint Increase expenses. Changing how you package your products and supplies can provide cost reductions and free up space at your facility. Solar and wind energy, along with energy effictent ‘equipment and machinery, will greatly reduce monthly utility bills, Implementing strategies sucht as recycling and going paperless will also save on supply costs, Sustatnability can Improve your bottom-line. 2. Attract New Customers and Increase Sales Green and sustainable practices can make your company more marketable, Consumers are mote conscious of the environment, and making Improvements will strengthen your reputation Whether you're an OEM or « supplier, highlighting your tntthatives to the public will help yeu attract a whole new base of customers, resulting in increased sales. ‘This Is important manufacturers seeking government contracts where green manufacturing standards are oftew factor os Managing and Regulating Green IT panrotogy and soctal media have enabled buyers to easily (and publicly) promote or criticine anpanies (OC their green practions, or lack, thereof wt Ls rhe comprehensive waste avoidance-recysting program in October 2008. We are currently : engaged im fiffeen recyeting streams which includes the following: plastic. mixed paper, sjumanam, tok cartridges, batteries, fluorescent and HID lamps, motor oil, paint, paint thinners, waste cooking oil, wood pallets, scrap metal, cardboard, electronic equipment, and general trash. 4 Inthe past three years, we have diverted approximately 1,168,434 lbs. from our local landfill, + Allspent fluorescent lamps and HID lamps are recycled which eliminates them from ending up in she landfill. + Esablished a goal of being a “Zero Landiill Facility” + Developed an employee-training program to expose staff and promote recycling both at work and athome. + Started asystem to monitor closely all waste that leaves the facility + Recycling bins for paper, plastic, and aluminum are only steps away in all office and break areas. 4 Boost Workforce Morale and Innovations * Sustainability improvements are a collaborative effort. When employees work together to identify and implement green and sustainable initiatives, it fosters a culture of teamwork and continuous improvement. Employees work harder when they are engaged and have a sense of pride in theit company. By internally communicating the importance of changes and the impact they are having on the business and environment, manufacturers will positively influence their corporate culture, * Sustainability can also ignite innovation, For example, if you challenge your engineers and machinists to reduce material scraps or recycle more waste during the manufacturing process, it often leads to additional ideas for operational improvements. S Societal impact In addition to helping your company’s profitability, your actions cam make a real difference. By otprint and reduce the number of tox implementing changes, you will have a smallerz carbon footprint = Feleased into the atmosphere. Future generations ultimately Benefit from improved air and water Quality, fewer landfills and more renewable energy source ae 6.1.1 Implementation of Green IT Green computing can be achieved when you work from home as the office space can then utilize fewer energy resources. You can make the argument that energy is utilized in the house as well. Green computing is all about utilizing the energy to perform operations in the most efficient way possible. Recognizing the need for green IT adoption is different from putting itinto action, As of now, most companies, whether big or small, are still clueless on the point where to start in green computing, Innumerable amounts of studies have been conducted in making IT departments more environment-friendly. Thus, the whole IT industry is stuffed with information on green strategies, most of which may even clash with other environment. friendly initiatives. So, here comes up a 10-step guide to develop a more environment-friendly IT department in your company. 1. Prociamaticn of the Green Intentions : It is always best to begin Green IT initiatives by communicating intentions to adopt an environment- friendly IT infrastructure. The push for energy efficiency should be cascaded down to every staff, Setting the stage for collaboration between various departments. Once they learn about the initiatives, they will know that everyone needs to be involved. 2. Appointment of a Working Group for Green IT Compliance Assurance : Once the ball is set to roll, you need to have a committee that will monitor and ensure that the company’s plans are adhered to by all members of the organization. One of the most important tasks that the appointed Green IT Committee must focus on is the acquisition of energy efficient IT infrastructure. This team should make sure that the IT groundwork meets all the criteria that are set for the protection of the environment. Measurement of Current Carbon Footprints Produced by IT Components : Where the company stands in terms of carbon footprint brought about by information technology services, is an important information to be known. Quickly establish a carbon footprint reference point. Check on the power usage in the IT center and compare it with existing power efficiency standards and metrics for industry. 4. Planning More Centralized IT Operations : Its relatively easy for an organization to centralize its information technolo gy (IT) system, With server virtualization, carbon footprints can be significantly reduced, era 65 Managing and Regulating Green IT sing more powerful computer applications, your IT systems can better deal with inefficiencies. des, faster software spares the servers from regularly operating at maximum capacity, thereby pesides ppsurming Tesset power, If one can only increase the spee' energy use and carbon emissions dof the computer applications that is used, “gecan havea corresponding positive effect on the communication and social media a nect people locally and social media nowadays to support environmental campaigns and to coni le with the ability to oon minor to major environmental issues. It also provides ordinary peopl and then share this data with others. Jobally sracthe quality ofthe air, water, climate around them, | media is also a powerful driver of transparency for businesses Either businesses embrace seater transparency of transparency wil happen fo them a5 customers ¢r employees talk about the rasiness via social channels. A recent report was mentioned, Which suggested that successful pasinesses need to be open about their flaws and what they're doing to address them ‘his builds a more realistic and honest representation of the business, rather than falsely trying to pretend that everything is always perfect. | Pubic Relatonin = wed NocalNeda” arsetng | ‘ i Marketing communes Se : Fig. 6.2.1: Areas of overlap between public relations and social media marketing. + Environment is a shared resource, ne that has increasingly been threatened by the rapid expansion of extractive activities to keep up with demands driven by consumerism and shaped by industry. Generally speaking, technology thas given us the ability t0 change some of our behaviors and conduct ‘re still not keeping "I .s, Social media has become an important tool for “greener” business, but we"! p with the pace of the environmental changes yur overuse of for the public ‘raments and corporations f resource’ to participate in influencing or cisallowing environmental thataffect us al happening because of 0' providing a space and means ___ decisions historically made by govel wy raiaaie W Green vy oe Managing and Regulating Green tt to larger seal {thas created a way for people to connect local environmental challenges and solutions ta Larger seal some of the ways that Narratives that will affect us as a global community. In this post, I discuss some of the way: for stakeholder Media has reshaped our communication, new trends emerging and the potential fo ive voices engagement to shift because of social media's incorporation as a tool to augment collect 7 * Transparency and trust-building : Effectively communicating what a company Is doing on Sustainability requires transparency in its operations if a company wants to avoid accusations of green washing, Some companies may be just scratching the surface on what needs to be done but it needs to be honest about this; although a risk, this builds consumer trust. A company can't do everything at once so it's fine to admit areas that are a work in progress. * There's a bit of an interface flaw between companies and consumers, when it comes to credible, Aninward / outward remittance for export / import transactions respectively > Foreign currency loans / bonds - only after RBI approval, where necessary, has been obtained > The currency of hedge and tenor will be the customer's choice Maturity ofthe hedge should not exceed the maturity ofthe underlying transaction * Theregulatory environment is the set of taxes, rules, and laws or regulations that businesses must hereto, "| Toenced for regulation A regulatory frameworkfor the preparation of financial statements is “*

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