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Sustainability of Gm

In: Computers and Technology

Submitted By arsenalhan
Words 1860
Pages 8
1. Introduction General Motors Company (http://www.gm.com/), commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan that designs, manufactures, markets and distributes vehicles and vehicle parts [1]. In this report, we will identify three risks and three opportunities related to sustainability for the company and the manufacturing activities of the GM. For each risk/opportunity, we will also identify some possible actions to address the risk/opportunity. Furthermore, we will develop a process for assessing potential cost/benefit of addressing the risks and opportunities and the potential cost/benefit of taking no action. All the detail data resource in this report is from GM sustainability report [2].

2. Risk Management Sustainability strategy of GM is guided by this simple truth, that energy diversity, resource conservation and CO2 reduction are business imperatives. To achieve sustainable development of the company, GM is faced up with a series of global issues. Among them, fuel economy and CO2 emissions, manufacturing energy use and emissions, and resource and material management are most imperative to address. 2.1 Fuel Economy and CO2 Emissions The need to increase fuel economy and reduce carbon emissions remains one of the most important risks facing automakers around the world, including GM. Though dramatic progress has been made over the past 40 years, the need to “go farther with less” is as relevant today as ever, due to risks associated with petroleum dependence, climate change and the continued growth of vehicle use. Energy security and climate change concerns are driving increasingly stringent fuel economy and CO2 emission regulations around the world. GM is deploying a combination of strategies, including design and engineering tactics, advanced technologies and alternative fuels, to achieve these...

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