Mgt 630 Module 06: Critical Thinking Measuring Social

Measuring Social, Environmental, and Economic ImpactsStudent’s NameInstitutional AffiliationMeasuring Social, Environment, and Economic ImpactsIntroductionIn today’s business world, sustainability is a significant issue. Business sustainability means operating a business without negatively impacting the environment. Environmentally-aware organizations consider more than profits. It considers the type of impact it has on the environment and society. Organizations constantly evolve and currently make efforts to reduce their carbon footprint, and reduce environmental and climatic risks (Cohen, 2018). Sustainability impacts the natural setting, economics, and social conditions. At the connection of business and the environment, organizations must consider an approach in which the business is able to create long-term value while considering its environmental duties, ethical obligations, and effects. In the past, environmental concerns were not a priority for most businesses. Today, however, there is much focus on environmental protection and global warming. It has led to a new ‘green’ or ‘sustainability’ revolution globally, which not only transforms the way individuals live, but how businesses conduct themselves. PepsiCo is a for-profit company that aims at creating a more sustainable food system that does not exceed the inherent limitations of