Assignment task:
Peabody has a unique approach for a company that produces coal, their goal is to provide reliable energy and steel that's also affordable while keeping their commitment to being a sustainable company. As a company that manufactures coal, it must be hard for them to remain sustainable and reduce the impact on the environment. In their ESG report of 2019, they share how they engage during projects to ensure they continue to deliver sustainability.
I think Peabody continues to show their commitment in 2019 to remain a sustainable company because Peabody reduce its global greenhouse gas intensity by 7.5%. Also, they continue to support low-emission programs which again align with their sustainability goals. If the consumers continue to support sustainability it can be good for Peabody because their customers will continue to buy their products to use in their communities, if the consumers go for cheaper options that are not environmentally friendly then Peabody will lose clients and that will be risky for them.
I believe that if their boards of directors continue to drive their messages also with their employees, they can continue to be sustainably conscious and continue to gain support from their clients. After all, we all support somebody, we know or something we believe in. For example, when I used to work at Kohl's I always encourage people to only shop there because of the great sales but also because of how the company supports the environment by using bags that are made of 100% recycled plastic, they also recycle customer bags, so every customer was encouraged to bring their plastic bags to the stores. Now most of their stores in the United States use paper bags. So if Peabody gets its employees to drive the same message more people will support it.
In your replies to at least two peers, address the following questions:
1. What specific initiative, practice, or change to your peer's evaluated practice could improve community or employee support?
2. What are the benefits and risks of implementing your suggested initiative, practice, or change?
3. If you were the primary decision-maker, would you implement your suggested initiative, practice, or change? In other words, do you feel the benefits outweigh the risks? Why or why not?