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Select a company that only deliver financial performance but doesn’t make a positive contribution to society....

Select a company that only deliver financial performance but doesn’t make a positive contribution to society. What should the company start doing to have a positive social impact not only financial.

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Answer #1

One of the company that delivers good returns but have very limited social contribution and harms the environment through its operations is the Adani Group of Companies which is also planning to operate a Coal mine and a Coal Trading Port in Australia. Due to its heavy manufacturing and mining footprint, it has gained a reputation of being one of the most polluting group of companies and its project in Australia has to suffer major backlash from environmentalists and several NGOs promoting green energy.

In order to revamp its image, the Group should start concentrating on projects and investments involving green energy and should gradually reduce its carbon footprint. It should also contribute to research in developing sustainable and renewable sources of energy to ensure that its image as a polluting company is changed over a course of time to one which cares for the environment.

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