Sustainable Enterprise – Monistoring System on Samsung Electronics (Samsung Sdi)

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SUSTAINABLE ENTERPRISE MONITORING SYSTEM SAMSUNG ELECTRONICS (Samsung SDI) TABLE OF CONTENTS 1. Introduction to monitoring systems ……………………………………………………………………. 3 1. 1 Dimensions ……………………………………………………………………………………………………. 3 1. 2 Indicators ………………………………………………………………………………………………………. 3 1. Communication ………………………………………………………………………………………………. 4 1. 4 Compliance stages ………………………………………………………………………………………….. 4 1. 5 Ratings ………………………………………………………………………………………………………….. 4 2. Business description …………………………………………………………………………………………. 5 3.

Relevant sustainability dimensions to Samsung Electronics …………………………………… 5 3. 1 Socio-cultural dimensions ………………………………………………………………………………… 5 3. 2 Environmental dimensions………………………………………………………………………………… 6 3. 3 Economic dimensions………………………………………………………………………………………. 6 4. Sustainable Indicators for Samsung SDI ………………………………………………………………. 4. 1 Economic Indicators ………………………………………………………………………………………… 7 4. 2 Environment Indicators …………………………………………………………………………………….. 8 4. 3 Socio-Culture Indicators…………………………………………………………………………………….. 9 5. Conclusion ……………………………………………………………………………………………………….. 9 6.

References ………………………………………………………………………………………………………. 10 7. Appendix………………………………………………………………………………………………………….. 11 1. Introduction to monitoring systems Monitoring system is a system which is used to make an observation of an enterprise and it is based on set of guidelines by different regulatory bodies. It is used to analyse the sustainability of a corporation through different aspect such as macro and micro levels. Sustainability can be used with different dimensions.

According to Dalal-Clayton and Bass, 2002, “the main contents of the monitoring system is the developing a good baseline and a systematic approach to monitoring which includes qualitative, quantitative and descriptive monitoring that helps balancing social and economic concerns by making link of internal and external monitoring”. Hence we are going to evaluate Samsung SDI division in Samsung electronics. 1. 2 Dimensions: There are 3 types of dimensions which are Social, Economic and Environmental on which the entire system is evaluated. These are considered as the triple bottom line of sustainability.

These dimensions are further broken down as indicators which are used as different aspects to further study the impacts on the company. 1. 3 Indicators Indicators are everywhere and its part of everybody’s life. Indicators is said to be natural. Generally indicators arise from the principles and ethics of life. Sustainable indicators : are used to measure the performance of the enterprises. As stated in United nations Earth Summit, 1992 “ Indicators of sustainable development need to be developed to provide solid bases for decision making at all levels and to contribute to the elf-regulating sustainability of integrated environment and development systems”. However Pannell (2003) comments that “indicators are developed also in realtion with the company’s busines, their goals and vision making the indicators revelant to the business development apart from being essential to the sustainable development and also the indicators are developed to increase the awareness of the corporate accountability”. Indicators are only effective by ensuring an in depth analysis and integration of various sources of all triple bottom line Economic, Environmental and socio- cultural processes.

When selecting indicators a great care should be given because, when indicators are poorly chosen it can harm the enterprise with serious malfunctioning. The researches show that indicators are partial reflections of reality. So people will have different indicators based on the different views. The indicator analysis can help measuring the performance of a firm and indicate the plan of measurement framework from the appropriate monitoring system.

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