ASSIGNMENT: GREEN MANAGEMENT

Name: Muhammad Saad Imtiaz

Subject: Principles of Management
Roll Number: FA19-MBA-0038
Department: MBA
Submitted to: Sir Farhan Bukhari
Our planet is our most precious resource, and managing that
resource wisely is everyone's responsibility.

Global, national and local initiatives are driving environmental responsibility from the
top, while shoppers increasingly seek out "eco-friendly" alternatives to their regular
products. Household names such as Toyota and General Motors are leading the way
in greener working, and many more brands are using their influence and purchasing
power to encourage sustainability.

What Does It Mean to Be Green?

Ask 100 people what "green" means and you'll get 100 different answers, from
"living off the land" to "recycling plastic bottles." But, at its core, green management
is about becoming aware of how your behavior, working practices or production
methods impact the environment, and making changes that reduce your
environmental "footprint" and make your business more sustainable .This often
includes measures to reduce the raw materials, water and energy that you use, and
to minimize the waste that you produce.
Why Green Management Matters

Many of us want to "do our bit" for the environment, and there are many good
reasons to do so. Preventing pollution, for example, can improve our health;
protecting wildlife means that we can continue to enjoy our natural world; and
reducing consumption preserves resources for the future. For organizations, failure
to comply with your country's environmental legislation can result in prosecution
and financial penalties. But greener working practices can also reduce costs and save
you money. For example, the car manufacturer General Motors reported that
they saved $5 million in 2016 by using renewable energy sources. Businesses that
demonstrate their commitment to the environment may also benefit from enhanced
brand reputation, engagement and employee well-being.
10 Tips for a Greener Office
With all of these benefits in mind, what can you do to make your own workplace
greener? The first step is to make a commitment to changing your behavior. Then,
consider the following 10 ways to make your workplace kinder to the environment:
1. Assess Your Current Position
Audit your organization's working practices, and assess their environmental impact.
This will highlight potential areas for change. For example, you might be spending
more on utility bills than you'd expect. Your waste production may be higher than
the industry average, or your team might be purchasing items that they don't really
need. Or, you may just be printing out documents when you could send them
digitally.
2. Set Goals
Once you've assessed your environmental impact, set goals for reducing it. Make
sure that they are realistic and achievable, and track your progress toward achieving
them. If possible, conduct a Cost-Benefit Analysis for your green initiatives to
demonstrate the savings that they will make.
3. Think Twice Before You Buy
The best way to prevent waste, and to reduce the need for recycling, is to use less in
the first place. So, remember the words "reduce, reuse, recycle" – in that order!
Look for areas where you can switch to reusable products: items like dishware and
cutlery, for example. And use cloth towels or energy-saving hand-dryers instead of
paper towels in the bathrooms. And, before you make a purchase, ask yourself: do I
really need it? Could I use something that I already have? Where's it coming from? Is
there a more eco-friendly alternative, with less packaging, for example?
4. Make Recycling Easy
Place recycling points in prominent spots around the office, and clearly signpost
which items people can and cannot recycle. Also, consider how you can responsibly
dispose of larger or potentially hazardous items, such as electronics and batteries.
For example, you can often donate computers to charity, or use specialized services
to recycle them. If in doubt, check with your local authorities before you throw
something in the trash.
5. Watch Your Power Use
Office lighting is an "easy win." After the initial investment, energy-efficient LED
bulbs can use 70-75 percent less energy, emit far less heat, and last up to 50 times
longer. Get into the habit of turning off the lights when you leave the room, too. You
could even install motion sensors that turn off lights automatically in bathrooms,
break rooms and conference areas. Computers, printers, and other AC- or mains-
powered devices consume energy even when they're not being used. According to
the U.S. Environmental Protection Agency, switching them off fully could save your
organization $25-$75 per machine, per year. "Smart" power strips, which stop power
consumption completely when you turn off the machine, are a good way to tackle
this. Then, when it's time to upgrade, consider switching to laptops, which can use
up to 80 percent less energy than desktop computers.
6. Switch Energy Suppliers
Many utility companies use renewable energy sources. Changing your supplier could
save your organization money, and reduce or offset your organization's
environmental impact. If it's feasible, you could also consider installing solar panels
or "micro" wind turbines on the roof of your offices, to generate your own energy.
7. Plant Trees
Not all workplaces will have the space to do it, but planting trees can save energy
and make your work environment healthier and more attractive. Planting large
deciduous trees where you get afternoon sun (the west and southwest sides of your
building in the northern hemisphere; the west and northwest in the southern
hemisphere) can significantly reduce your air conditioning costs. Trees also help to
block cold winter winds, so planting coniferous trees (on the northern side in the
northern hemisphere, and the south in the southern hemisphere) could also keep
your winter heating costs down. If you can't plant trees, placing plants around the
office can help to clean the air and promote natural climate control.
8. Cut Down on Car Journeys
If it's appropriate, allow people to work from home one or more days each week.
This saves on commuting time, and reduces fuel consumption and carbon emissions.
Carpooling is another great option. You could set up an information board or
intranet page to connect people who travel similar routes to work. You could also
encourage people to walk, cycle or use public transportation, by posting transit
schedules and bike routes, and by arranging cycle-to-work schemes.
9. Use Technology
Do you really need to fly to that face-to-face meeting in another city or country?
Using technology to conduct training, catch-ups, conferences, or even job
interviews online is often more cost-effective, as well as more environmentally
friendly.
10. Review Your Suppliers
When you're auditing your organization's environmental impact, consider your
extended network, too: how green are your suppliers? If you have concerns,
investigate (or discuss with your procurement department) whether you could change
your supplier, or encourage an existing one to work in a greener way. Perhaps they
could package items more efficiently to cut down on waste, or use electronic
invoices instead of paper.

Key Points
Environmental issues are now integral to the way that many businesses operate.
Being "green" is great for the planet, but it can also strengthen your brand and save
money for your organization.
To help your company to become greener, assess your environmental impact and
identify areas for improvement. These could include reducing waste, recycling more,
and using less energy.
Set realistic goals for your green initiatives, track your progress toward achieving
them, and celebrate your successes. This can raise awareness, add credibility to your
actions, and inspire others to join you in taking action.