Question

In: Economics

Supply chain and its environmental impact, how are companies moving towards reducing their carbon footprint and...

Supply chain and its environmental impact, how are companies moving towards reducing their carbon footprint and what obstacles are companies facing? Also, what wins do we have to report as far as the improvements we have made as a global community? Select and industry that needs to reduce their carbon footprint and how would you market and promote your ideas to improve the organization and profit margins.

Solutions

Expert Solution

The supply chain is the system of people, organizations, resources, information and activities involved in the supplying of the product or services to the consumer. The supply chain activities also involve the transformation of the resources such as, raw material, natural resources and other components to a finished good which is delivered to the customers which come at the end of the supply chain of any commodity. The toxic waste, deforestation, water pollution, loss of biodiversity, hazardous emissions in the air, long term damages to the ecosystem, emission of greenhouse gases and the energy use are the environmental impacts of the supply chain.
Reduce, reuse and recycle are the elements of reducing carbon footprints for the companies. Purchasing recycled paper, refurbished IT equipment and phones are the ways to reduce the carbon footprints of the businesses. Using more of the recycled things and also process the wastage of the businesses to recycled things can reduce their problems with the carbon footprint.
Many regulations have been made on the industries for pollution control. The industries using chimneys for air emissions need to put filters and filter the emission before releasing them in the environment. The industries which emit the waste in water bodies have to set up a plant for purifying the waste and then release it in the water bodies. Small scale industries use solar energy to use it for the purpose.
The transportation industry is greatly responsible for carbon footprint as it generates the largest share of greenhouse gas emission in the environment. Use of Eco-driving, the optimal driving techniques will help the transportation industry cut the gas emissions and save more money in the gasoline-powdered cars. Using hard accelerations and braking systems of the fuel or electric cars waste more of the fuel and decrease the mileage of the transport by around 33 to 35 percent on the national highways and around 5 to 7 percent inside the town. Using Eco-friendly transports lowers the impacts and wastage of gases by reducing the time of the transport that is spent idle, and using cruise control and overdriving. Normal fuel transports, for every 5 miles per hour drive about 60 miles per hour, which lowers the fuel by 7 to 9 percent. A properly maintained vehicle can improve the gas mileage and fuel wastage by 5 percent. The eco-friendly vehicles lower down the maintenance rate on it and also the emission of greenhouse gases.


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