With technological advancement propagating all industries within the market, consumers now have faster access to information about the products and services in the market. Hence, they are demanding that products and services are delivered in an ethical, environmentally sound and sustainable way, in order to protect the environment for the future generations, and since, the consumers’ demands are the major driver of productivity in the market, companies are moving toward creating and operating their production systems or revamping their daily operations to reflect their support for conservation and renewal of environmental resources. Inadvertently, the quest for sustainability by companies has created the need for new and better …show more content…
One of such Fortune 500 companies is, the CVS Health Corporation. CVS is the second largest retail pharmacy chain; the corporation understands the importance of embedding environmental sustainability in every facet of their operations, with the goal of reducing their environmental impacts. To this end, CVS Corporation has made a commitment to shoreline cleanups, the collection of unwanted drugs for proper disposal in various communities across the country, and the recent plan for the corporation to earn a Leadership in Energy and Environmental Design Platinum Certification, for all its stores in the future. Overall, it is befitting to say that being sustainable is a priceless advertisement for a company; and one of the major perks for companies that conserve and renew resources is, enhanced customer loyalty, which usually translates into profitability within the market. References CVS Health. (2015). Retrieved from http://www.cvshealth.com/ Heizer, J. & Render, B. (2011). Operations management (10th ed.). Boston, MA: Prentice Hall Stevens, H. (2012, December 6).Record Number of U.S. Companies Issuing Sustainability Reports, Retrieved from http://www.triplepundit.com/2012/12/record-number-companies-issuing-sustainability-reports/ New Research Shows S&P 500® and Fortune 500® Reporting on Sustainability More Than Doubles from Previous Year. (2013, January). Retrieved from