A Framework for Environmentally Responsible Business Strategies

Abstract

An organization’s future increasingly depends on its environmental sustainability, so it is vital to equip present business architecture with a framework for environmental compliance. A business needs to understand the Green policies, processes that create waste and emissions, enablement of efficient use of resources, metrics for monitoring the greening of the organization and implementation of environmental strategies. This chapter will provide a review of environmental challenges and understanding of the contribution of Information and Communication Technology (ICT) in environmental strategies of a business and its sustainable management. A consolidated, systematic approach to the redesign of a business enterprise and to forming an Environmentally Responsible Business Strategy (ERBS) is presented. The methodology includes five activities: Need for reengineering the business architecture, Map and investigate the processes, Design ERBS, Implement reengineered process and employ ERBS and improve continuously to monetize emissions.