Question

Q1. How does UPS's approach toward sustainability impact the triple bottom line? Be specific.

Answer 1

As a founding member of the management sustainability committee of UPS, they have tackled the challenges and built a viewpoint that underlines the strength of organisation, and that promote "an enlightened self-interest." Organizations should contribute to society and community. In order to balance the needs of various components such as assess your strengths, define your place, seek momentum, create successful partner companies and convene other sources of energy, UPS has built a five-step approach to sustainability.

The three Ps are classified as human beings, planet and profit. In these three fields, it tests the company's performance. Let's look at each "P" to better explain the triple final outline. People: the social aspect offers their workers and the society of which the organization or business is a member. This culture could be the city in which it sits and also the employee's families. UPS is doing well to evaluate the strengths of a company with relations.Planet: ecological considerations allow the organization to be accountable for successful environmental practices and committed to it.

One way for the UPS to keep this performance up is to work with TNT and Agility to help the needy in the event of a disaster and to clean up the destroyed area. Profit: financial factor provides an overview of how the costs of emissions, the relocation of staff and other financial considerations should be included by a corporation. Once joining the firms, UPS gives us a clear example of that: they would use the trucks and equipment of the other company to avoid unnecessary costs of using their own in another country.

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