Corporate Innovation towards Helping the Environment
Environment protection is significant to the sustainability of life to both animals and plants. Restoration of ecosystems and promoting innovative ways to help protect the environment makes companies earn respect as well as pull more customers. There are ways the corporation may aid: such as enhancing innovation to mitigate their carbon emissions, participating in afforestation programs, initiating technologies aimed at collective protection of environment and social responsibility to help the immediate community around them. This paper highlights some innovative ways through which Toyota helps the environment.
Toyota is an automobile company with parent plant in Japan and several subsidiaries around the world. It has a three-point plan of protecting the surrounding nature from reducing green house gas emissions, enhancing recycling and afforestation program. Achieving these initiatives is through clear innovative strategies that the company endears to accomplish. For example, the reduction in green house gas emissions is purely from innovating vehicles that cut these emissions (Hirose, 2011). Toyota has reduced hybrid cars and electric cars to lower the reliance on crude oil. This depletes the level of environmental pollution through mining and carbon emissions from combustion of the crude fuel. Another innovative way TMC (Toyota Motor Corporation) has strived to achieve environmental protection is recycling of materials for manufacturing new products. This has helped the company reduce the reliance of freshly mined materials, such as iron, prolonging the mining period. The eleventh-largest company in the world by revenue, has also implemented the use of renewable energy in its various plants, for instance, the photovoltaic generation system installed at the Tsutsumi plant produces 2000 kW reducing annual crude oil consumption of about 500 kiloliters (Hirose, 2011).
Toyota has also undertaken afforestation programs to help conserve the depleted forests with initiatives in Japan, Australia and Brazil. The common places where it has carried out tree planting are areas where there is the production plants example around the Tsutsumi plant (Hirose, 2011).
These innovative ways to conserve the environment have benefits to both Toyota and the nature. The environment conservation program by Toyota helps avoid and restore the depleted ecosystems from further exhaustion. It also helps in the larger aspect of corporate social responsibility to caring for the communities around the production plants. The Japanese auto manufacturer enjoys these innovative ways, as well. For example, with production of low carbon emission cars and hybrid vehicles, the company endears to the environmentalists. This makes better sales and reduces the advertisements costs. Improved company image makes Toyota a leading brand in vehicle production and sales from its corporate social responsibility endeavors (Hirose, 2011). Positive corporate social responsibility enhances a brand’s image and creates a pool of loyalist around it and the producing company. This is a win situation to TMC : since the initiatives have helped it propel to the top of vehicle producers worldwide. Recently, in October 2012, Toyota sponsored the EMA (Environment Media Awards) awards, which aim at communicating environmental messages with emphasis on protection and conservation of the environment. This shows how serious the company takes environmental matters (Haindl, 2012).
Toyota is a leading automobile production firm in the world. It has incorporated environment conservation to its schedule of innovation strategies in the production line. The manufacturing of low carbon emission cars, electric cars, as well as, hybrid cars shows their never ending strive to reduce green house gas emissions in the atmosphere. The recycling and afforestation programs help maintain ecosystems and prolong the mining of the needed materials in the automobile production industry.
get for free
freeRevision (within 2 days)$18
freePlagiarism report (on request)$11
freeOutline page (on request)$13
our unique features
Free revision according to our revisions policy
Perfect formatting (APA, MLA, Chicago, Harvard and others)
24/7 Customer Support
payment & security
Here at Mid-Terms.com, we make sure that every our client and thier sensitive data is safe, as well as every payment is secure at every stage.