peer response 70

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Sustainability, Social Impact, and the Bottom Line

Think about a product or service you have recently purchased that originated from a company whose Mission includes a focus on sustainability or social impact. In other words, a company that “does well by doing good.” Then respond to the prompts below:

  • What was the name of the company and what did you purchase?
  • Why did you choose to purchase that particular product or service?
  • Did the company’s position on sustainability or social impact influence your purchase decision?
  • Compared to its competitors in the industry, how was the product priced?
  • Would you purchase the product in the future? Why or why not?
  • How is this company performing in their sector? Are they able to compete and stay true to their Mission?

peer #1

Sustainability, Social Impact, and the Bottom Line

  • What was the name of the company and what did you purchase?

The company is called Origin. The name of the product that I purchased is the “Origin Best BPA-Free Borosilicate Glass Water Bottle with Protective Silicone Sleeve and Bamboo Lid. The item is Dishwasher Safe and BPA, BPS, PVC, Lead and Cadmium free. They won’t leach chemicals similar to plastic, won’t grow bacteria in its scratches, or rust like metal. Medical grade borosilicate glass expands and contract very little in extreme temps – preventing cracking in extreme hot or cold. Also, these fashionable glass water bottles are perfect for juices, sodas, water and sport supplements. Origin believes that joy should be shared to those who are less fortunate. Origin has partnered with a non-profit that drills water wells at village schools in rural Ghana.

  • Why did you choose to purchase that particular product or service?

I chose this product because I am have been making a conscious effort to not use plastic water bottles anymore. I heard about this brand from a friend and I love the bottle because it is forever reusable, recyclable, sustainable and soft on the environment. The leak proof lids have food grade silicone O-rings so no liquid touches plastic and leaches no chemical taste. They are stain-resistant and won’t retain any flavors or colors from powders or juice.

  • Did the company’s position on sustainability or social impact influence your purchase decision?

Yes! Origin gives 2% of revenue to non-profit water well drilling in rural Ghana to address the most persistent needs of those living in extreme poverty. Purchases helps save lives through clean water which I love to support.

  • Compared to its competitors in the industry, how was the product priced?

In compared to other brands, their pricing is priced fairly. Pricing starts at $15.99 and goes up to $25.99 depending on the size of water bottle purchased.

  • Would you purchase the product in the future? Why or why not?

Yes! I think it has been a great addition to my daily life and it is nice to know that I helping to give back to those in need. I will give these to a few friends as gifts and would recommend to anyone looking for a sustainable glass water bottle.

  • How is this company performing in their sector? Are they able to compete and stay true to their Mission?

I believe they are preforming what they said they would do. When doing research about the company, I learned that they truly take their grantmaking very seriously. They recently visited Ghana to vet Empower Playgrounds because their purpose aligns with Origin’s. Clean water is essential to surviving in the extremes, education is the key to finding a pathway out of poverty, and greater hygiene enables females and children to achieve more.

Product Reference: https://originglassco.com/products/origin-best-bpa…

peer #2

Good Evening Dr. Foor and Classmates,

What was the name of the company and what did you purchase? I recently purchased Michelin Tires for my vehicle.

Why did you choose to purchase that particular product or service?Michelin is a very reputable organization known for safety and quality in their tires.

Did the company’s position on sustainability or social impact influence your purchase decision?I was not really aware of Michelin’s position on sustainability when I purchased the tires, but that was the last major purchase I had just last week.So, I looked the company up to see where they position themselves regarding social impact and sustainability as tires are a major detriment to the environment and landfills.According to Tik Root of National Geographic, “tires are actually among the most common plastic polluters on earth” (1).According to Michelin.com, “Michelin is committed to developing accessible, clean, safe and connected mobility solutions to address the challenges of sustainable economic, environmental and social development. We intend to act responsibly toward customers, employees and shareholders. We’re taking action every day and focusing on the long-term consequences of our decisions” (2).

Compared to its competitors in the industry, how was the product priced?Michelin Tires are priced comparable to other reputable tire manufacturers.A set of 4 Bridgestone tires was $531.96 while a set of 4 Michelin Tires was $515.96 (Tirebuyer.com, 3).

Would you purchase the product in the future? I would purchase these tires in the future.I have found Michelin Tires very reliable, safe and reasonably priced.And now I like the fact that they are a company that focuses on sustainability and social impact.

How is this company performing in their sector? Are they able to compete and stay true to their Mission?According to Research and Markets report, Michelin is one of the major companies that in the competitive high performance tires market with innovative high performance tires, and will see considerable growth opportunities.“The prominent tire manufacturers globally are investing considerably in research and development of green tires” (4).

Marta Retzler

References:

Tik Root. 2019. National Geographic.Tires:The Plastic Polluter You Never Thought About. https://www.nationalgeographic.com/environment/201…

Michelin. Michelinman.com. Sustainable Development and Social Responsibility.https://www.michelinman.com/sustainability.html

Tirebuyer.com. https://www.tirebuyer.com/tires/michelin/energy-saver-a-s/p/style/39190?ranMID=36808&ranEAID=qNJpZXrQn8E&ranSiteID=qNJpZXrQn8E-nel0WYf_PyVJ1EA0dlePuQ&tb_channel=affiliate&utm_campaign=AFF_LinkShare&utm_medium=affiliate&utm_source=linkshare&utm_affiliate_id=qNJpZXrQn8E&utm_content=1&siteID=qNJpZXrQn8E-nel0WYf_PyVJ1EA0dlePuQ#

4. Research and Markets. 2018. Global Automotive High-performance Tires Market 2019-2023. https://www.researchandmarkets.com/research/4xp3hz…Good Evening Dr. Foor and Classmates,

What was the name of the company and what did you purchase? I recently purchased Michelin Tires for my vehicle.

Why did you choose to purchase that particular product or service? Michelin is a very reputable organization known for safety and quality in their tires.

Did the company’s position on sustainability or social impact influence your purchase decision? I was not really aware of Michelin’s position on sustainability when I purchased the tires, but that was the last major purchase I had just last week. So, I looked the company up to see where they position themselves regarding social impact and sustainability as tires are a major detriment to the environment and landfills. According to Tik Root of National Geographic, “tires are actually among the most common plastic polluters on earth” (1). According to Michelin.com, “Michelin is committed to developing accessible, clean, safe and connected mobility solutions to address the challenges of sustainable economic, environmental and social development. We intend to act responsibly toward customers, employees and shareholders. We’re taking action every day and focusing on the long-term consequences of our decisions” (2).

Compared to its competitors in the industry, how was the product priced? Michelin Tires are priced comparable to other reputable tire manufacturers. A set of 4 Bridgestone tires was $531.96 while a set of 4 Michelin Tires was $515.96 (Tirebuyer.com, 3).

Would you purchase the product in the future? I would purchase these tires in the future. I have found Michelin Tires very reliable, safe and reasonably priced. And now I like the fact that they are a company that focuses on sustainability and social impact.

How is this company performing in their sector? Are they able to compete and stay true to their Mission? According to Research and Markets report, Michelin is one of the major companies that in the competitive high performance tires market with innovative high performance tires, and will see considerable growth opportunities. “The prominent tire manufacturers globally are investing considerably in research and development of green tires” (4).

Marta Retzler

References:

Tik Root. 2019. National Geographic. Tires: The Plastic Polluter You Never Thought About.
https://www.nationalgeographic.com/environment/201…

Michelin. Michelinman.com. Sustainable Development and Social Responsibility.
https://www.michelinman.com/sustainability.html

Tirebuyer.com. https://www.tirebuyer.com/tires/michelin/energy-saver-a-s/p/style/39190?ranMID=36808&ranEAID=qNJpZXrQn8E&ranSiteID=qNJpZXrQn8E-nel0WYf_PyVJ1EA0dlePuQ&tb_channel=affiliate&utm_campaign=AFF_LinkShare&utm_medium=affiliate&utm_source=linkshare&utm_affiliate_id=qNJpZXrQn8E&utm_content=1&siteID=qNJpZXrQn8E-nel0WYf_PyVJ1EA0dlePuQ#

4. Research and Markets. 2018. Global Automotive High-performance Tires Market 2019-2023.
https://www.researchandmarkets.com/research/4xp3hz…