Benchmark progress towards sustainability Essay - 1

Benchmark progress towards sustainability - Essay Example It also implies involving as many individuals from the society as possible. For a corporate, a sustainable vision means monitoring the impact of its production, manufacturing and other operations on society and environment. Considering the future as well as molding the business strategy for greater good of the society can be regarded as an ideal sustainable stance (DeSimone & Popoff, 2000). With increasing globalization and urbanization, the environment is affected adversely and depletion of natural resources is beyond measures. Harmful carbon emissions, global warming and pollution are only few of the adversities. It is also known that if these environmental hazards are not taken care off now, then it will prove detrimental to our future generations, making their life more difficult compared to the present scenario. Sony is a multinational corporation headquartered in Tokyo, Japan. The company was founded in the year 1946 (Sony, 2014a). Sony deals with products such as, consumer electronics, video games, entertainment and media, semiconductors, telecom equipments and computer hardware. Apart from these, the company is also involved in financial services, credit finance, banking and insurance. The company even has an advertising agency under its umbrella. At present, the company is on the ninth position with Panasonic in the â€Å"Greenpeace Guide to Greener Electronics.† (Greenpeace, 2012). According to this guide, electronics companies are graded on the basis of their efforts towards preserving environment. Samsung is a multinational conglomerate headquartered in Seoul, South Korea. The company was founded in the year 1938 (Samsung, 2014a). After starting off as a trading firm, Samsung diversified into numerous areas such as, textiles, food processing, retail, securities and insurance. Late 1960s saw Samsung’s entry into electronics (Samsung, 2014b). Presently, the company is into