Sustainability involves more than just the impact of actions on the environment. The triple bottom line recognizes
Question:
Sustainability involves more than just the impact of actions on the environment. The triple bottom line recognizes that a company has to measure its impact on its triple bottom line for its long-term viability. To follow are examples of green initiatives recently undertaken at SodaPopCo, Inc. For each example, indicate whether this initiative would primarily impact environmental, social, or economic factors.
a. Last year, SodaPopCo increased its dividend to shareholders.
b. It created a new global ingredient standard last year that helps to ensure ingredient safety and integrity.
c. Over the past five years, SodaPopCo used 30% less water (considered to be a scarce resource) per unit of production than in the prior five-year period.
d. Almost 60% of beverage launches were considered healthy option beverages last year as compared to 75% in the prior year.
e. Over the past 10 years, SodaPopCo held its greenhouse gas emissions stable despite increasing production.
f. SodaPopCo strengthened its Responsible Advertising to Children policy.
g. The return on SodaPopCo’s invested capital was above 15% for the fifth year in a row.
h. Last year, SodaPopCo increased its amount of recycled content in its packaging by 20%.
i. Last year, 95% of SodaPopCo’s waste was not sent to landfills.
j. Last year, approximately 30% of SodaPopCo’s net revenue came from its nutrition business since it has been making a concerted effort to promote more healthy food and beverage choices.
k. Last year, 90% of SodaPopCo’s manufacturing sites underwent an independent food safety audit by the American Institute of Baking.
l. For the past 20 years, SodaPopCo has reached more than 2 million children in 400 schools in India through its programs promoting nutrition and physical activity.
m. SodaPopCo provided access to safe water for 8 million people.
n. Thirty of SodaPopCo’s buildings have achieved LEED certification (LEED certification is a measure of energy efficiency).
Step by Step Answer: