Steven Paul
Jobs has made Apple Inc. becomes one of the most famous and reputable
technology company in the world. The company products are known to have
high-quality technology such as iPhone, iPod, or iPad. The innovative and
groundbreaking products of Apple Inc. combined with the company’s business
model attached many shareholders to invest their money. In the term of how a
company is able to attach numbers of shareholders to invest their money in the
company, the company must understand about corporate sustainability. To measure
the sustainability of any company, we must view from three dimensions;
environmental, social, and economic dimension. The concept of sustainability
explained that the objectives from each company
are attached on or after the environments and societies which surrounded the
business operations. Even though the short-term achievements in economic might
be chased, but if the company fails to deal with the impacts from social and
environmental dimensions of these chases, then the business practices will
consider as unsustainable.And Apple Inc. seems succeeded to maintain the
sustainability of the company to attach more shareholders and keep the
reputation of the company as well.
Apple
Inc.Company Description
Apple Inc. is an
American international technology corporation with
its head office located in Cupertino, California.
The company famous asthe manufacturer, improves, and retails electronics
goods, computer software,
and also provides online services for the customers. Apple
Inc. is on the list of the “Big Four” of
technology companies with Facebook, Google, and Amazon. Apple Computer
was mostly a producer of individual computers for above than three decades, such
as the “Apple II, Macintosh, and Power Mac lines.” However, the companyhad to experienceshakytrades
along with low share in market placethroughout the year of 1990s. Apple Inc. is
quite famous for its scope and profits. The internationalyearlyprofitsreported from the company mentioned $265 billion in the 2018 financial year. Apple Inc.claimed to be the world's biggest“Information Technology (IT)”company by
its profits (Brozio, 2019).
The
company also known as the third-biggest cell phone producerin the world as
well. In last August 2018,
Apple Inc.came up as the first public company form the US to be prized at above
$1 trillion (Brozio, 2019).The company employmentsabout
123,000 staffsand also preserves 504 wholesale stores across
24 countries until the year of 2018.Apple Inc. alsoactivates the iTunes Store,
which is known as thebiggest music store in all over the world. In
January 2018, the report mentioned that above than 1.3 billion products
of Apple are enthusiastically in usageuniversally. This is due to Apple Inc.
has a high- quality level of brand constancy and
is classified as themostvalued brand in the world as well. Apple Inc. is
indeed, the company which is well-known different and unique from others and
its rival due to its innovation and creativeness. To be noted, the company also
has modest improvement from its mixture of software and hardware. In simple
words, not all tech-companies have the ability to manufacture hardware and also
produce software all at once. The further intentional component of the Apple is
on its trade tactic as the company has thrived in placed its stores in ideal
locations and intelligent strategy the methods to drag the attention from the
customers. But the company did not stop there, instead, to make the customers
loyal in purchasing its products, Apple Inc. delivers the high-quality products
with the latest technology. This lead the company to gain an impressive
reputation for its brand name as well. Not only for the loyal customers, but
most of people will prefer to buy products from Apple rather than other brand(Russell & Cohn, 2012).
Situation Analysis on Apply Inc.
Environmental Dimension of Sustainability
in Apple Inc.
The
sustainability of Apple Inc. could be influenced seriously due to numbers of
environmental aspects along with how the company handle the impactsas mention
below:
Clearance of wastedproducts of Sustainability
in Apple Inc
Wasted or used products for Apple
Inc. define as “non-working electronic devices.” Apple
Inc. is frontingseriousproblemsregarding theclearing process of the entire
electronic garbagewhich no longer needed or consider as not in a good condition
to be used. Just because of the lithium which contained inside the batteries in
almost all of its electronic goods, the company is facinghugesteeplechaseson
how toclearance them(Zylla-Woellner, 2013).
Apple Inc.
reduces the environmental effect of the amount of waste that the company made
with creating “recycling and composting programs” in the year of 2007. The program
effectivelychangesitems thatwillthen becomeconcrete waste into an innovative
environmentally valuableusage. Apple
Inc. also compromises and contributes in a number of product “take-back
and recycling programs” in 95 percentage of the areas in which Apple goods
are wholesaled (RecycleNation, 2012).
Global warming
of Sustainability in Apple Inc.
Since the
global warming is growingquickly, Apple Inc.has to face the concernsaboutintercontinentaldelivery.
To handle this issue, Apple Inc. has created “commuter transit programs”
for every single accommodation to reduce the environmental effect of its delivery
process. “The Apple U.S. Commute Alternative program” arrange for
inducements for taking public transport and sinking the use of vehicles.
Increasing
charges of electricity of Sustainability
in Apple Inc.
The reliability
of Apple Inc. on data centers along with the internet groundworkcreates it furthervulnerable
to electricity charges. The company mustspendextraexpenditures in the industrialpractices.
Apple Inc. deals with this issue by created some programs contain “retrofitting
light “with other effective lamps and “motion sensors for automatic
shutoff,” The result from the programs was reported in a yearly report
as the company made it to reduce of more than 2 million kilowatt-hours of
electricity starts from the year of 2006.
Social Dimension
of Sustainability in Apple Inc.
The impacts
from social dimension for Apple Inc. are mentioned as the frequency development
of population, changes in public’s lifestyle,
modifications in culture, religion, opinions and interpretations from the
media. Apple Inc. handle these issues with always up-to-date with the trend and
lifestyle that happening in the public and always make innovations to meet with
the public requirement(Hasan, 2013).
The company was also delivered “Apple Supplier EHS Academy”,
which is known as a
project that purposes to increase the health
and safety of the workers in the business all over the world. About
providers along with
employees took part in this project (Dudovskiy,
2018)
‘Global Volunteer Program’ was established in the year of 2011 to
inspire the employees to contribute in the local societies. Its expose above
than
was contributed to donations as well as
non-profits around the world (Dudovskiy, Apple Corporate Social
Responsibility (CSR), 2018).
Economic
Dimension of Sustainability in Apple Inc.
The impacts
that Apple Inc. gets from economic dimension are mentioned as economic condition, inflation, level of interest and
powers of customer payments. These factors will straightly influence the Apple
Inc. along with its profit, since if economic condition is depraved then the
customer will spend less money to purchase the products. Apple Inc. manages
these issues with gaining a strong position in the market place, regardless of
the existing fluxes which occur in the U.S. economy. Apple Inc. also has a
good reputation which guaranteed that the company only delivers high-quality
products to the customer. This reason has made the customer still loyal and
refer to buy the products of Apple rather than other brands in the market. And
for that reason, Apple Inc. still able to survive in the market with a great
number of products sales as well(Lehman & Haslam, 2013).
Apple is previously accountable for producing and also
backup about
occupations all over the United States as well
as the company also presumes to produce even extra occupations as a consequence
of the creativities. Uniting innovative reserves and Apple’s existing step of
expenditure with local dealers and producers — an assessed
for the year of 2018 — Apple’s straight
support to the United States economy would be anticipated for above than
through the upcoming five years, and that is
not counting Apple’s continuing tax expenditures, the tax incomes produced from
the workers’ salaries and also the trade of Apple products(apple.com, 2018).
Evaluation and
Interpretation of the situation of Sustainability in
Apple Inc.
The ways that
Apple Inc. conducted to maintain the sustainability on its company has proven
that the company still deserved the reputation as the biggest tech-companies in
the world. Apple Inc. succeeded to adjust with the changes and also over calm
the impacts from three dimensions; environmental, social, and also economic
which are the three dimensions used to justify whether a company consider to be
sustainable or not.
From the
environmental dimension, Apple Inc. succeeded to manage the impacts such as clearance
of wasted products, global warming, and also increasing charges of the
electricity. Apple Inc. dealt these issues by creating various programs for the
company to practice and got impressive results from the programs such as “recycling
and composting programs, commuter transit programs, and also retrofitting
light” programs.
In social
dimension, Apple Inc. also succeeded to handle with staying up-to-date and
following the trend and lifestyle of the public which often changing along with
the growth of technology. Apple Inc. also always delivers innovations products
with the latest trend and technology for its loyal customers.
And from the
economic dimension view, Apple Inc. as well as the other similar companies
cannot deny that the economic condition,
inflation, level of interest and powers of customer payments give strong
influenced to justify whether the company will able to survive in the business
or not. Apple Inc. succeeded to deal with these issues as well with creating a
tough foundation and gaining a strong position in the market place. This tactic
goes along with a good reputation of the company brand which delivers a
high-quality products for the loyal customers.
From
the evaluation of the three dimensions above, we can drag the assumption that
Apple Inc. could be considered as a sustainable company. This has proven from
the business practices that the company applied to maintain the reputation and
good performance among the other similar rival companies in the business(Benn, Edwards, & Williams, 2014).
Conclusion on Sustainability
in Apple Inc.
Corporate sustainability could have diverse definitions
and it is reliant on the framework, perceptive, and also the background of
business. Basically, the perception of sustainability could be clearexplained
as how a company is able to reach the requirements of the currentdeprived
ofconceding the capability of forthcoming generations to reach theirs.For that
reason, three maindimensions are over and over againallied with the subject
matter of corporate sustainability, they are mention as: environmental, social,
and economic. Apple Inc. succeeded to associate these essentialelements
andsupport the company to embrace, develop, and maintain the sustainability throughout
a methodwhich is valuable to productivity, sustainable development, and stockholder
value as well.These three essential dimensions of corporate sustainability -
environmental, social, and economic are connect and associate together to
support the company make every effort for further sustainable performs. As it
is necessity for the companies to shift from an out-of-date logic of quick
revenues at the expenditure of the environment into a further greater
interdependence. By implementing sustainable practices will not just supports
the environment. Instead, the companies such as Apple Inc. have confirmed
that sustainability is able to motivate to an enhanced brand appearance,
lessen the costs, better-offand satisfy stockholders, enlargedthe production,
and uncountableextra profits(McElroy & Engelen, 2012).
The foremost query for stockholders and directors is, is the
sustainability really give a benefit for the business or not. In real-world
languages, the entire approaches regarding the sustainability have existed to
be associated with other business activities such as, public
involvement, talent acquirement and other things. Sustainability arrange
for a bigger determination and a number of new innovations for the companies such
as Apple Inc. to attempt for and also supports them to renovate their promises
to their basic objectives such as good organization,
the expansion of sustainable and also stockholder
assessment. Maybefurtherprominently, a sustainability approachwhich is openly
shared in public able to bringout outstandingprofits such as the willingness
from the public to purchase the products and also
give a better reputation for the company as well.
For a number of companies,
sustainability signifies an occasion to bring together varied hard work into
single authority perception and get the public praise for this action. In the
other hand, for other companies, sustainability defines as responding complicated
queries around the why as well as how of the business practices which the
companies conducted that possibly will have a staid, if slow but sure, the
practices able to influence on their day to day activities and processes(Quaddus & Siddique, 2011).Sustainability
includes the whole supply chain of an industry for demanding responsibility
from the most important stage, over and done with the suppliers, and finally
delivers to the retailers. Apple Inc. has given a good example for other
similar companies in the business to follow its steps. The company has shown
that manufacturing a little sustainably grow into a modest advantage for
providing international companies will able them to develop sustainability
for their business practices and gain the achievement of their objectives.
Apple Inc. has proven that with maintaining the sustainability in the company
will make the company not only able to survive in the business, but also create
good reputation as well
References
of Sustainability in Apple Inc.
apple.com. (2018, January 17). Apple accelerates US
investment and job creation. Retrieved from
https://www.apple.com/newsroom/2018/01/apple-accelerates-us-investment-and-job-creation/
Benn, S., Edwards, M., & Williams, T. (2014). Organizational
Change for Corporate Sustainability. Routledge.
Brozio, K. (2019, January 21). Apple Inc. – The
Leader That Guarantees Success. Retrieved from
https://technogog.com/information/apple-inc-the-leader-that-guarantees-success/
Dudovskiy, J. (2018, January 23). Apple Corporate
Social Responsibility (CSR). Retrieved from
https://research-methodology.net/apple-corporate-social-responsibility-csr/
Dudovskiy, J. (2018, January 23). Apple Corporate
Social Responsibility (CSR). Retrieved from
https://research-methodology.net/apple-corporate-social-responsibility-csr/
Hasan, M. R. (2013). Apple Inc. - An Analysis:
PESTEL analysis, Porter’s 5 Forces analysis, SWOT analysis, Comprehensive
analysis of financial ratios, and Comprehensive analysis of share performance
of Apple Inc. GRIN Verlag.
Lehman, G., & Haslam, C. (2013). Accounting for
the Apple Inc business model: Corporate value capture and dysfunctional
economic and social consequences. Accounting forum.
McElroy, M. W., & Engelen, J. v. (2012). Corporate
Sustainability Management: The Art and Science of Managing Non-Financial
Performance. Routledge.
Quaddus, M. A., & Siddique, M. A. (2011). Handbook
of Corporate Sustainability: Frameworks, Strategies and Tools. Edward Elgar
Publishing.
RecycleNation. (2012, January 31). Apple Surpasses
Recycling Goals by Using Aircraft-Grade Aluminum. Retrieved from
https://recyclenation.com/2012/01/
Russell, J., & Cohn, R. (2012). Apple Inc.
Tbilisi State University.
Zylla-Woellner, J. (2013). Corporate Strategy for
Apple Inc Company. GRIN Verlag.