Tuesday, May 5, 2015

The Green Choice: Decision Making Based on Sustainability


5/6/2016

BUS213

Blog 1

The Green Choice: Decision Making Based on Sustainability



Today we live in the ‘Information Age’; data is more accessible than ever.  Yet, this does not necessarily guarantee better informed decision-making results by people, companies, or government agencies.  Society is rapidly developing better tools to store, analyze, and publish the available data; in particular we are gaining a better understanding of the state of the man-made and natural world around us known more broadly as the ‘environment’.  There exists a connection between public health, the health of the environment, and future of the global climate trends, to the choices we make as individual consumers.  In the past, consumers highly valued price and performance when purchasing office supplies now more consumers are choosing to incorporate a product’s environmental impact or footprint into their decision making equation now than ever before.  Environmental variables, such as ability for the product to be recycled, contained recycled content, chemical content, deforestation or otherwise conservation status, amount of pollution generated, impact on local wildlife, and many other variables are increasing highly valued by most consumers.  There arises an issue when the producer does not provide this information or provides false or misleading information.  An example of an application of environmental decision making can be found in the relationship between a business and the office supplies purchased by their employees.  Chatham University uses many office supplies but purchases them all from one place, Office Depot.  Therefore if Office Depot is able to provide information on the sustainability of its products then Chatham University will be able to make better informed decisions.

Managing the environmental footprint of office supplies purchased is a relatively easy way to achieve greater sustainability goals for the school.  Potential sustainability criteria could be the source of the raw materials such as the trees from which the paper purchased is derived from, were the trees sustainably harvested?  As well as the manufacturing process of the paper, were there chemicals used which are difficult to dispose of sustainably, such as carcinogens or radioactive material.  The consumer, Chatham University, may also want to know the distance the paper had to travel in its lifetime and how many units of fossil fuels were used in the process or greenhouse gases emitted.  Chatham University is also committed to make choses which will satisfy their target market of donors, prospective, and current students.  Given the broad audience, with varying opinions and values, a more expansive set of sustainability features would be favored over a specific focus, such as recycling.  Therefore the most relevant information for Office Depot to provide would be certifications promising high performance on overall sustainability standards for their products.  Chatham University could then increase public opinion from their audience by marketing the information records of their green business transactions.