Walmart Natural Capitalism
There are four strategies that are introduced in the book of Natural Capitalism. The strategies consists of radical resource productivity, biomimicry, service flow, economy and investing in natural capital. All components are applied in various organizations that support environmentally friendly practices. The goal of organizations that make a change in their energy consumption are likely to function more efficiently at a higher quality rate.
Renovating the preference of lighting can stimulate the radical resource productivity. Referring to Chapter nine, location 3597 of the playbook “San Jose University reports saving approximately $300,000 per year from a lighting retrofit that cut energy use by 25 percent overall”. This signifies that a simple light bulb alternative can …show more content…
The company rents textbooks to college students at a lower cost for the semester. Based on Chapter 11, section 10, location 4941 of the playbook, in addition to saving money Chegg.com also plants a tree for every book that is rented. This has resulted in an ecological boost due to the fact that 2.5 million trees have been planted and counting. Renting textbooks has become an affordable service for college students to “reuse textbooks”. This eradicates the environmental damages from deforestation.
Investing in Natural Capital is now practiced by Walmart in various areas of the United States. The way Walmart implements this strategy is by substituting peaches from large scale suppliers to locally grown peaches from neighboring farms. In chapter 12, location 5079 of the playbook, it was found that by changing the suppliers of peaches the company “has saved 100,000 gallons of diesel and cutting down transportation by 672,000 per year, as well as meeting the demand for fresher produce”. With this it is evident that Walmart has increased the quality of their peaches while saving costs at the same
Renovating the preference of lighting can stimulate the radical resource productivity. Referring to Chapter nine, location 3597 of the playbook “San Jose University reports saving approximately $300,000 per year from a lighting retrofit that cut energy use by 25 percent overall”. This signifies that a simple light bulb alternative can …show more content…
The company rents textbooks to college students at a lower cost for the semester. Based on Chapter 11, section 10, location 4941 of the playbook, in addition to saving money Chegg.com also plants a tree for every book that is rented. This has resulted in an ecological boost due to the fact that 2.5 million trees have been planted and counting. Renting textbooks has become an affordable service for college students to “reuse textbooks”. This eradicates the environmental damages from deforestation.
Investing in Natural Capital is now practiced by Walmart in various areas of the United States. The way Walmart implements this strategy is by substituting peaches from large scale suppliers to locally grown peaches from neighboring farms. In chapter 12, location 5079 of the playbook, it was found that by changing the suppliers of peaches the company “has saved 100,000 gallons of diesel and cutting down transportation by 672,000 per year, as well as meeting the demand for fresher produce”. With this it is evident that Walmart has increased the quality of their peaches while saving costs at the same