Current Issues in Management: Norbord Incorporated Sustainability Concepts

Norbord Incorporated Sustainability Concepts
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Executive Summary
Sustainability is the long-term viability of a community and social institutions. It is a form of intergenerational ethics in which the current generation's environmental and economic actions do not diminish the opportunities of future generations to enjoy similar levels of welfare, utility, and wealth. The environmental movement rebuked the unsustainability character that threatened ecosystems integrity which resulted in the sustainability idea. It serves as a standard against which institutions are judged and a direction in which the society should move. A sustainable society is one that lives within the boundaries of ecological limits-that is, accommodating their current need and those of future generations. It also integrates social, economic, and environmental considerations in its decision-making. While previous reports explain factors encouraging or discouraging organizations, they fail to develop the impacts of strategic sustainability concepts. This report identifies and explains how Norbord's Incorporated sustainability practices in theory.
Norbord Incorporated Sustainability Concepts
To enhance productivity and develop a competitive advantage, most organizations and their leaders globally have adopted sustainability strategies. In most cases, they try to narrow the sustainability's view to aspects directly related to their performance sphere, termed internal sustainability. However, that does not mean external sustainability, quality of life issues and business relationship worldwide, is not equally crucial. For that reason, economic measures, leadership, among others, are some of the factors that enable sustainability efforts to be a success. Norbord Incorporated is a public company operating in the forestry industry and containing about seventeen plant locations found in Europe, the U.S, and Canada. The company deals with engineered wood products-that is, products used in the construction and furniture sectors. Some of the company's brands include Caber Board and Caber Wood MDF. Since sustainability issues affect both non-business and business organizations, Norbord Incorporated has been impacted as much, resulting in developing frameworks, tools, and models to support sustainability. Using secondary sources, entailed in this paper is an evaluation of Norbord's Incorporated sustainability practices in theory.
Sustainability Theoretical Review
Norbord Inc. uses numerous concepts to breakdown its sustainability into manageable and actionable steps to aid in implementation. Each idea requires a different degree of commitment and guarantees different paths of the company's sustainability. At Norbord, sustainability is central to the company's objectives: world-class building facilities, empowering people and culture, and being carbon net-zero and resource-efficient. Some of the sustainability concepts adopted to help achieve its goals are discussed below.
Corporate Social Responsibility CSR)
Corporate Social Responsibility, coined as CSR, is an essential aspect in Norbord Incorporated. While different organizations define CSR differently, to Norbord Inc., the recurring themes are ...