Topic > Dairy Farm Sustainability - 1354

Sustainability is one of the important things to think about and maintain the farm to make it sustainable. There are 3 factors for business sustainability, these factors are; Economic, social and environmental. In this report, the company Dairy Farm International Holding Ltd. is identified in terms of sustainability. The result of this report is that Dairy Farm International Holding Ltd. has achieved excellent results in terms of company sustainability. We can see this by looking at their commitment within the social environment and also their financial performance as part of the sustainability indicators. One of the key environmental indicators is that Dairy Farm takes care of the environment through the Green Ambassador program. The aim of the program is to promote energy saving and the reduction of plastic bags. Even if they are doing well on this key sustainability indicator, they still need to continue to improve their sustainability so that they can remain sustainable in the future. One of the suggestions in this report is that they are suggested to maintain good financial performance and continue to improve it so that it can remain sustainable in the future. Introduction As a business, sustainability is very crucial nowadays. They must be sustainable in three aspects: social, environmental and economic. In this report we will identify the sustainability of Dairy Farm International Holding Ltd. in Singapore through the TBL triple bottom line (social, economic, environmental). It will also be discussed whether they are already performing well or not to be sustainable. Suggestions for future decision making are also provided in this report. The Dairy Farm Group is a major pan-Asian retailer. In December 2013, they founded...... middle of paper......lity of their company and also for their CSR. However, some improvements and innovations are still needed to make Dairy Farm more sustainable in the future. Suggestions for the future of Dairy Farm sustainability are; Firstly, it would be good if they had a green policy that every member of the dairy group should follow. Secondly, there are many things we can do regarding environmental factors for sustainability, for example we could implement the 3Rs (reuse, reduce, recycle). Thirdly, regarding financial performance, it is necessary to remain good and continue to improve financial performance to make the company better able to sustain the future. Fourth, in terms of social factors, they can provide training, more security to their employees and organize more social events such as charity, etc. With all this, they can be more sustainable in the future..