The Impact Of Industrialization On The Environment

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There has been a long-standing relationship between industry, and the trending deterioration of various elements in our natural environment. The industrial revolution that took place in the early 19th century gradually but definitively led to an upsurge in modernization and urbanization. With this came an increase in consumer consumption. By the late 1900s, the exploitation of various natural resources such as coal and natural gas became integral to the continual growth of most manufacturing sectors (Kibert, C. 1999). At the time, stakeholders were yet to completely comprehend the impact of such rapid advancements on their natural environment and while several positive considerations may be made about the extensive increase in commercial activity, one can no longer ignore the resulting burden on our natural resources and the detrimental effects of the waste being generated on our environment.

Keeping in mind the drastic impact of industrialization on the environment, it is astounding to learn that in the last 50 years, only 90 companies have collectively caused two thirds of the worlds global warming green house gas emissions (Heede, 2014, pp. 1--13). A majority of the companies on the list belong to the oil, gas and coal sector. This may be attributed to extent of industry’s dependence on fossil fuels to sustain manufacturing and delivering of all types of commodities and services from construction and transport to pharmaceuticals and power. The media and government’s scrutiny has helped increase public awareness and led to a new era of socially driven vigilance and demand for accountability in regards to large organizations. At the same time many companies, realizing their responsibility towards sustainability, have begun devo...

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...tion’ has undoubtedly been initiated in the corporate and commercial sectors. In order to effectively bring about positive changes, organizations must also attempt to clearly influence public behavior in a sustainable direction. The problem with tackling environmental issues like climate change seems to be that the immediate apparent effects of it aren’t as strongly felt in comparison to other global issues such as terrorism. Businesses have conventionally been good at implementing safety, stringent quality standards and providing excellent customer service, since the effects of these problems are directly felt on the organization’s bottom line. However, Marks & Spencer PLC with its various initiatives has paved the way for other companies and demonstrated pioneering work in the field of corporate sustainability as an example of the scope of achievable improvement.

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