Question
Please reply to post W/150 wrds I will identify various motivations for companies to develop sustainable business strategies for this week's discussion. Also, I will
Please reply to post W/150 wrds
I will identify various motivations for companies to develop sustainable business strategies for this week's discussion. Also, I will search if the motivation level differs with the company's size, the generation of the C-Suite, or the business owner of Boeing company.
The four pillars of Boeing's sustainability motivation are people, products, services, operations, and communities. During 2020, these areas were highlighted. Boeing launched six new sustainability goals to align with its fundamental stakeholder interests and priorities. Boeing's new sustainability strategy aims to establish a vision for the future of the aerospace industry by 2025. It includes the company's efforts to renew its fleet, improve operational efficiency, and develop new technologies. Boeing is committed to delivering commercial airplanes on 100% sustainable fuels by 2030. Through its partnership with Etihad Airways, Boeing conducted a demonstration program that tested the company's sustainable technologies on a new 787-10 aircraft. Through the use of digital engineering tools, Boeing was able to improve the quality of its engineering work on the T-7A Red Hawk program.
The company also advanced flight tests for the Cora, an all-electric air taxi developed by its joint venture with Kitty Hawk. The company's size only affects production if the organization has an effective plan. To further enhance the company's diversity and inclusion, Boeing established a 20-member task force that will include various perspectives. By 2030, Boeing aims to reduce its environmental impact by implementing goals focused on waste, energy consumption, and emissions. To achieve its goal of zero carbon emissions, Boeing reduced its energy consumption by 12%. It also saved water by 23% and solid waste by 44%. Boeing has been recognized for its continuous excellence by the Energy Star program since 2010. Boeing contributed over $234 million to the community through its charitable activities. It also partnered with over 13,000 organizations and volunteers over 250,000 hours.
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