Business sustainability Essay Example | Topics and Well Written Essays - 750 words

Business sustainability - Essay Example If we observe closely, it can be seen that corporate partners of CDP are the companies who actually have the objective of carrying out their operations while having minimum effect on the environment. Companies like Nestle and Dell have always preached about sustainable development and recycling. They even use the eco-friendly material for the manufacturing of their products. This is the main reason why these and other companies voluntarily disclose their carbon emission rate, as their policies include the protection of environment. The CDP operates worldwide in most major economies channeling information and progressing through five different programs. These five programs include CDP public procurement, investor CDP, CDP cities, CDP water disclosure and CDP supply chains all of which allow the access towards and demonstrate the theories of environmental governance. CDP’s public procurement programs has been designed for enabling the national as well as the local government to determine the impact of climate change on their supply chain. Governments spend almost trillions of dollars annually which possesses the potential of imposing a great impact on the markets. This program provides a way to the government for asking their suppliers about the succeeding global warming implications, energy use and the greenhouse gas emission, allowing them to better understand the risk associated with the climate change which helps in the creation of supply chain with low carbon (Anon., 2013). The investor CDP program is based on the largest collaboration of the investors from all around the world and its purpose is to spread the relevant climate change information among its 551 institutional investors, so that these financial decision makers may turn towards low carbon economies. This program is considered to be an instrument for harnessing market forces that links the economic rationality with the environmental outcomes, making it a very effective and efficient way of