Abstract

The aim of study is disheartening to note that of late, the ecosystem has loomed large as a vital universal challenge. Triggered by the ever-zooming human and industrial adverse effects on the ecosystem, ecological problems have assumed mammoth proportions and exhibit a ballooning trend throughout the cosmos. This has squeezed the business sector to devote equal attention to both the eco-issues and the business goals. At this juncture, a green strategy plays a vital role in assisting the business magnates to arrive at significant decisions which have a telling effect on the ecosystem. The ethics which constitute the four pillars of a green strategy are expected to exert a positive impact on the business conglomerates to take effective decisions in accordance with sound business logic and excellent business sense. The doctrines of lean manufacturing which pave the way for the eradication of waste have extended a helping hand to the corporate and successfully addressed the ever-escalating needs of the client simultaneously conserving valuable resources for the posterity. Lean and green manufacturing are competent to exert a further pertinent and constructive influence on diverse dimensions of operational efficiency when executed simultaneously instead of separately. The growing thrust for carbon footprint diminution by the world community and the realization by the industrial magnates or high-profile IT entities on the unfavorable impact of their activities on the eco-system are the leading forces which ultimately trigger the fruition of the greening model. The performance advantages have been amazing, sustainable, optimistic economically and convenient to supplementary specialties.

Keywords:

Carbon emission, energy-efficiency, environmental sustainability, environmental performance, green sigma, lean, productivity, six sigma, wastages elimination,

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