Select a company, a large multinational or transnational company would be best Critically evaluate its current sustainability strategies and process (operations) using your learning from the module, including theories, concepts, frameworks and models you have learned in the module. In particular provide a brief explanation of the Gaia theory in relation to sustainability and how it features within the debates.Consider the companys diverse stakeholders; select approx.. 3 key ones, their needs and how to obtain buy in from these; these may include shareholders, customers, board, employees, community and/or othersDevelop strategies/recommendations the company could implement to improve its sustainability.
Company: Nestlé
Sustainability Strategies and Critique
Nestlé, a global food and beverage giant, has made strides in sustainability efforts but faces ongoing challenges. Here’s a critical evaluation:
Strengths:
Weaknesses:
The Gaia Theory and Sustainability Debates
The Gaia Theory, proposed by James Lovelock, views Earth as a self-regulating system where living organisms and the environment interact to maintain a balanced state. In the sustainability debate, it highlights the interconnectedness of human activity and the environment. Nestlé’s water conservation efforts align with Gaia Theory, but plastic pollution disrupts this balance.
Stakeholders and Buy-In Strategies
Recommendations for Improvement
Conclusion
By adopting a more holistic approach to sustainability, including addressing plastic waste, ethical sourcing, and promoting healthy food systems, Nestlé can move towards a future aligned with the principles of the Gaia Theory. Engaging stakeholders and prioritizing long-term environmental and social responsibility will solidify their position as a leader in sustainable business practices.