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General Electric Sustainability Principles

Paper Type: Free Essay Subject: Business
Wordcount: 1374 words Published: 26th Jul 2017

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Sustainability in Philips led light- Lighting improves lives and creates sustainable value beyond illumination for our customers, our company and society. How are they working towards this goal? To begin with, they recognize that the world needs more light, more energy-efficient light, and more digital light. That's why they're leading a global switch to LED and connected lighting that will bring economic, environmental and social benefits to both our customers and people around the globe. Our lighting systems and sustainability programs aim to save energy create safer and more liveable cities, boost office productivity, help people learn and heal, help grow food and alleviate light poverty. We're also reducing resource use by working towards a circular economy through Light as a Service. And lastly, we're committed to sustainable operations - we aspire to carbon neutral operations, zero waste to landfill, and zero injuries.          


GE sustainability principles- GE's approach to sustainability is coordinated by a Sustainability Steering Committee, chaired by the vice president of Environment, Health and Safety (EHS), and composed of leaders from across the company with deep subject matter expertise. The Committee meets to review stakeholder feedback and emerging trends and to assess our sustainability performance and reporting. Their findings inform our on-going work programs and are discussed with GE's executive management as needed. Our sustainability efforts are one element of our industry-leading strategies for assessing and mitigating risks and evolving our environmental, social and governance practices. Risk oversight is carried out by senior management within GE as well as by key committees within the GE Board. The Policy Compliance Review Board within GE management, which is chaired by the Company's general counsel and includes the chief financial officer and other senior-level functional leaders, has principal responsibility for monitoring compliance matters across GE.  http://www.gesustainability.com/

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OSRAM principles in sustainability-As a leading provider in the global lighting industry, we base our strategic decisions on a holistic and integrated concept considering all three pillars of sustainability - economy, environment, society - which is setting the framework for all our thoughts and actions. We provide our major stakeholders with a comprehensive and transparent picture on the positioning of OSRAM, as far as sustainability is concerned, and are an acknowledged and reliable partner, promoting sustainability within the lighting industry and beyond.


The focus for Philips led light, the right lighting solutions to provide comfortable lux levels while also focusing on reducing energy consumption, and developing a sustainable light solution for the plants for the long-term duration of the project. Additionally, as part of this energy performance contracting project, Philips had to be able to guarantee these energy savings and lighting levels. Philips set out exactly the strategy and implementation plan for the LED lighting project. Philips began completely refurbishing the lighting in all in-scope areas, replacing the older, conventional mercury and sodium lights with Philips Green Vision Exceed LED luminaries. These LED road lights ensured light uniformity and maximum spacing between each lamppost, as well as significantly increasing the light levels are in line with expected international standards. In the turbine and storage areas, Gentle Space Gen 2 and Core Line High bay LED luminaires increased lighting levels and offered a consistent reduction in energy consumption, even at high ambient temperatures. Philips Tango LED floodlights were installed in other outside areas and around all fuel tank areas, which offer more than 40% energy saving compared to conventional floodlighting without compromising lighting levels in these critical areas. In desalination and transformer areas, Philips had to ensure that any fittings would be unaffected by moisture and installed Core Line Waterproof fixtures, while Core Line recessed lights were built into the power station offices.


In GE's company they select priority issues where both the need as expressed by critical stakeholders and GE's unique potential for impact are greatest. For each sustainability priority, they employ GE's deep expertise and advanced technologies to improve outcomes. Their strategy includes setting ambitious targets for minimizing their own footprint, developing products and solutions that enable their customers to meet their goals, and partnering with others to tackle challenges requiring a multi sector approach. Working with colleagues at GE and key external stakeholders, they then monitor their progress and evolve as needed. Next in OSRAM, they are an international company so it is of enormous importance that they take responsibility for all their activities throughout the world. For this reason, one of their objectives is to make sustainability an integral part of their company and to ensure that it is implemented throughout their entire value added chain and therefore in all aspects of the company. Their holistic sustainable approach is designed to create eco-friendly, innovative and creative solutions in all areas of the company. This includes the development of energy-efficient products, research into and selection of eco-friendly materials, and the implementation of energy-saving measures throughout the production process. In this respect, they ensure their corporate activities are in accordance with the "Triple Bottom Line" model. http://www.osram.com/osram_com/sustainability/strategic-focus/light-is-sustainability/facts--figures/index.jsp

Future planning of businesses in New Zealand-

Maintainability being an unmistakable part of the organization's vision and their solid objective of enhancing the lives of 3 billion individuals a year by 2025 has coordinated their supportability and development endeavours inside the organization. In spite of the fact that manageability is currently plainly enunciated in the organization's vision, this centre is just the same old thi


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