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    Jerald Ricardo
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    Internal sources like employees, meetings, and reports as well as external sources like industry groups, governments, and suppliers can provide information on environmental laws and standards that companies can use to stay compliant and competitive. This data should be captured and analyzed to understand how external factors impact markets and how the company's products move through their life cycle so policies and processes can be developed to communicate sustainability goals to stakeholders, implement procedures, and regularly evaluate progress.

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    Internal sources like employees, meetings, and reports as well as external sources like industry groups, governments, and suppliers can provide information on environmental laws and standards that companies can use to stay compliant and competitive. This data should be captured and analyzed to understand how external factors impact markets and how the company's products move through their life cycle so policies and processes can be developed to communicate sustainability goals to stakeholders, implement procedures, and regularly evaluate progress.

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    5 views1 page

    Presentation 141

    Uploaded by

    Jerald Ricardo
    Internal sources like employees, meetings, and reports as well as external sources like industry groups, governments, and suppliers can provide information on environmental laws and standards that companies can use to stay compliant and competitive. This data should be captured and analyzed to understand how external factors impact markets and how the company's products move through their life cycle so policies and processes can be developed to communicate sustainability goals to stakeholders, implement procedures, and regularly evaluate progress.

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    Question 4.

    2 From what internal and external sources might information about


    environmental or sustainability legislation, regulations and codes of practice be gathered?
    How can this information be used?
    Professional and industry associations, religion organizations, governmental organizations, and
    supply-chain partners are some significant external information sources. The knowledge
    identified from internal and external sources needs to be captured and used to react to
    changes, understand the market, and remain competitive. Key internal sources include
    supervisors, employees, business meetings, and the corporate sustainability report. This
    suggests that the company needs to be aware of where its goods are in the life cycle and how
    external factors affect adoption, acceptance, and success.

    Question 4.3 Describe the elements required for the development of organizational
    sustainability policies and processes.
    Elements to the policy include creating sustainability policies and procedures, informing
    stakeholders, putting the policies into practice, and conducting routine evaluations to ensure
    ongoing development.

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