Penn West Petroleum Penn West Petroleum (PWE) has been going through a lean patch since long. Even before the most recent oil price collapse started last year‚ Penn West was in trouble. Its balance sheet has been laden with debt as a result of some grave acquisition mistakes that it made in 2008. Now‚ the company is left with the sole option of selling off some its assets to reduce that debt burden. But it is not going to get a fair price for those assets in the current environment. Consequently
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------------------------------------------------- Business Sustainability Business sustainability is often defined as managing the triple bottom line - a process by which firms manage their financial‚ social and environmental risks‚ obligations and opportunities. These three impacts are sometimes referred to as profits‚ people and planet. However‚ this approach relies on an accounting based perspective and does not fully capture the time element that is inherent within business sustainability. A more robust definition is that
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New companies entering the market‚ mergers‚ and globalization‚ on pricing and the sustainability of profits Sustainability at 3M grew from a commitment to both innovation and ethical conduct. By continually increasing sustainability at the economic‚ social‚ and environmental levels‚ we believe we are building a strong‚ vital company today‚ and leaving a rich legacy on which future generation. We recognized early that doing business in new‚ smarter ways would not only create a more viable
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This paper will review the efforts at Starbucks to become a sustainable corporate partner with its shareholders‚ employees and customers. Most importantly‚ it will examine how Starbucks has become a leader in corporate social responsibility and sustainability worldwide. STARBUCKS One of the first things that a visitor to the Starbucks web site will notice is that there is a link to a “Responsibility” segment of the site. This link opens the reader to the plethora of programs that Starbucks is involved
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Writing a Sustainability Plan A Sustainability Plan can take many forms. Depending on the size‚ type and capacity of your organization‚ your Sustainability Plan could be a two-page document that focuses on a long-term vision and broad goals‚ or a one hundred-page document that outlines specific targets‚ quantitative indicators and a detailed timeline. What is important is that your organization takes the first step to holistically managing the impacts – both positive and negative – that your organization
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enlightening and pointed to an area of sustainability which is rarely ever looked at. Most times when people look at sustainability it has to do with renewable energies and resources‚ this is why I wanted to look further into the area of birth control. Diving deeper into this topic I wanted to see if there were any other articles out there about this topic. I was fortunate enough to find another article from a reputable publication on the topic of overpopulation and sustainability. This article is in question
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Abstract In nowadays‚ the sustainable development is playing a fundamental role in our society‚ and the perception of sustainable development has been well perceived. In an accounting context‚ the sustainability reporting has evolved into a kind of tool for an organization to show and present its Corporation Social Responsibility. Moreover‚ it is also the expectation for the business organization to operate in a sustainable way. In the recent researches‚ there are sufficient evidences show how
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------------------------------------------------- Part 1: Strategic Sustainability Reinvention TELUS was named as one of 2013’s Global 100 Most Sustainable Corporations in the World by Corporate Knights. Telus believes that this achievement was because of their future friendly workplace strategy‚ efforts in reducing carbon foot print‚ energy conservation though LEED certified buildings‚ and charitable contributions. The Corporate Social Responsibility Report (CSR) 2011 explains the sustainability objective of Telus as “Integrate
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Globalization & Sustainable Development Globalization allows the creation of additional value and increase efficiencies for national economies. In essence‚ this model aims at promoting productivity‚ connectivity‚ and specialization. However‚ global trade focuses on the economic wellbeing of nations in isolation of the environments they operate in. This stems from the fact that globalization rests on the views of capitalism; a system that calls for free market trade. This view of development
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SWOT Analysis S TRENG THS - BP is listed on London Stock Exchange and within the FTSE 100 Index‚ it is also has a listing on the New York Stock Exchange. BP is operating globally in 80 countries with different brands. - BP is 4th in the Fortune 500 and 3rd largest energy company worldwide measured by revenue. (CNN Money‚) which is also dominant in the European market. - BP also gained competitive edge because the world leading oil related technology. WE AKNESSES - BP made a huge loss in 2010 owing
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