Describe the sustainability management practices of a business firm with which you are familiar. Which stage of the corporate environmental responsibility model best fits this firm, and why? Looking again at this same firm, what steps might its managers take to improve its environmental performance? In answering this question, consider the various elements of effective environmental management.

Sustainability management practices : More conservation, Less pollution etc

Three stages of corporate economic responsibility : Pollution Prevention, Pollution Stewardship, Clean Technology

Effective Environment Management : Environment policy, personnel, organisation, responsibility & accountability, pollution control, evaluation, awareness etc

Explanation:

Effective Sustainable environment management is an important part of Corporate Social Responsibility. Corporate social responsibility is the responsibility of firms towards societies, as they get all resources & business from them.

There are three stages of corporate environmental responsibility

Pollution Prevention : Focuses just on pollutants emissions during production Pollution Stewardship : Focuses on environment impacts of full life cycle of product - production, use, disposal Clean Technology : Focus on inventing new technology, reducing environment ill effects in long run

Key Elements of Effective environmental management [as per US EPA model] are:

Environmental policy organisation & personnel, oversight of EMS; Accountability & responsibility; Environmental requirements; Assessment, prevention & control; Environmental incident & noncompliance investigations; Environmental training, awareness & competence; Environmental planning & organisational decision-making; Maintenance of records & documentation; Pollution prevention; program evaluation & improvement; Public involvement and community outreach.

Some sustainability management practices of a business firm : Water & Electricity conservation, Harmful chemicals management, less pollutant emissions, better waste management, 3R's - Reduce, Reuse, Recycle