The social viability of an organization revolves around the concept of fair and humane working conditions for their both employees and stakeholders. Moreover, an agency acts according to international regulations and rules to manage their sustainability. The economic viability of an organization involves the usage of the different assets of the organization efficiently so that it can operate profitable in the future.
Moreover, the environmental sustainability means protecting the stakeholders of an organization from harm by the process of manufacturing safe products and following fair working conditions. The stakeholders of an organization include its consumers, workers, and suppliers who have propelled its growth and would continue to do so in the coming years. It is worthwhile to note that an organization does not use substances or manufacturing processes that have not been proved to be safe and secure for its workers. They also take into account the environmental impact that can originate from raw materials.
How can solar panel constructions be a green imitative by the companies?
In recent years, many organizations are adopting the practice of sustainable development to make sure that there is no harm to the environment. Moreover, by taking into consideration the environmental repercussions by the companies, they contribute to the wellness of the society within which they operate. By constructing solar panels, the companies would have a real green power backup in case there is power cut or power related issues. Many organizations nowadays work in accordance with the deal it signed with the Global Reporting Initiative (GRI). Through this deal, they try to enhance its transparency as well as working and social conditions in its supply chain.
It does so by advising the management of its factories regarding the loopholes in their operations. It enables an organizationto make amends in an independent manner. It is interesting to note that an organizationactively engages in strengthening its supply chain so that the system remains transparent. It has implemented eco-friendly packaging system. So if they include solar panels in their infrastructure, they can significantly improve their ranking on the list of top green companies.