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Answered Same Day Aug 14, 2020

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Karan answered on Aug 16 2020
147 Votes
Ethics and Sustainability
8
Table of Contents
1. EXECUTIVE SUMMARY    3
2. INTRODUCTION    3
3. SUMMARY OF SCENARIO    3
4. DESCRIPTION OF THEORY USED FOR ANALYSIS    4
5. ANALYSIS OF THE SITUATION    5
6. ALTERNATIVE SOLUTIONS    6
7. RECOMMENDATIONS    7
8. CONCLUSION    7
REFERENCES    8
1. EXECUTIVE SUMMARY
Getting a greener environment is necessary in this globalised world. The cu
ent report conceptualizes the methods of getting a sustainable future for the Hilton Hotels cooperation by saving electricity consumption. The cited company has
oad level of infrastructure and operates nearly worldwide. It is critical to save energy as the fossil fuels are depriving because of which renewable sources of energy must be applied to the big as well as small scale industry. Moreover, the present report throws light on the need of replacing older versions of electronics with the energy efficient Air Conditioners, refrigerators, geyser, LED lights and more. Along with the alternatives, the report recommends the suitable option to conserve energy consumption.
2. INTRODUCTION
Hilton Hotels Corporation or Hilton Worldwide Holdings is an American based multinational company that majorly deals in hospitality services across the world. Being a big scale business, it operates on a
oader range and the bigger the building, the more energy needed or consumed (Hilton Hotels & Resorts, 2018). In order to manage sustainability by saving electricity, Hilton Hotels has implemented certain alternative solutions to minimize the use of electricity within the ambiance. Further, the report explains the ethical issue the business is facing in terms of electric power and consumption. Also, recommendations and alternative solutions have been provided to deal with the sustainability management of power saving.
3. SUMMARY OF SCENARIO
Electricity is said to be the most important innovation done till now. It is a general necessity to most humans present on earth. The scenario describes the importance of electricity and how necessary it is to conserve it for future use. There is a need to save the electricity as the fossil fuels from which it is obtained are getting scarce, thus the electricity derived will become very expensive (Constellation, 2018). The power generation is becoming less compared to the usage of electricity in home as well as by the businesses or industries.
The consumption of electricity in big hotel
ands is high in contrast to the small scale businesses. Hilton is worldwide hotel and Hospitality Company that requires quality lightings and decoration within the infrastructure to provide high class experience to its customers. It is obvious that the energy or electricity consumption by the company is very high which affects the environment. Speaking of which, there are certain alternatives given in order to save electricity such as using LED lights, energy-efficient or power saving Air Conditioners and refrigerators which require less power to operate and can be cost as well as energy efficient.
4. DESCRIPTION OF THEORY USED FOR ANALYSIS
Stakeholders provide a group or organisation the required resources and outputs. It is crucial for the cited company to maintain good terms with its stakeholders. The stakeholders in the context of Hilton Hotels are owners/employers, employees, suppliers, government, social community, local community, technician, electrician and customers (Kumar & Steinmann, 2015).
In order to better understand the need of importance and ethics related to stakeholders; the stakeholder theory will be applicable for the same.
Figure 1: Shareholders of Hilton Hotels
The theory suggests that the purpose of a business is to create the possible value for the stakeholders of the company. In order to be sustainable in the coming years as well as to be successful, the cited company should keep interests of suppliers, customers; communities (local and social), employees and shareholders aligned and must go in the same direction.
The most important contributor to the stakeholder theory is Edward Freeman (Belle, 2017). The theory’s core idea is that the organisations who seek to manage their stakeholder relationships effectively is said to live or survive longer and are able to perform better than...
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