1.
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taughtpostgraduateprogrammes/GBM
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2. self introduction
My name is Zhu Yuchong, and I come from Mainland China. I did my
associate degree in the fielf of tourism management. After completing my
associate degree, I continue to my a bachelor degree in the field of
marketing. During my ongoing bachelor degree study, I have taken
courses in the marketing, consumer behavior, corporate governance,
brand management, trade, logistics, and so on. I expect to complete my
bachelor degree in July 2025.
The following are my reasons to choose Master of Science in Green
Business Management at PolyU.
Firstly, this master program strongly matches my long-term interest in
combining environmental protection with business managment. In my
opinion, any successful business must be green and sustainable, and every
business enterprise should bear the social responsibility of protecting the
environment. But the current economic development often disregards the
importance of sustainable development, and some people are lacking the
awareness of environmental protection and develop the economy at the
cost of our natural environment. Therefore, I would like to raise people’s
consciousness of environmental protection and choose this master
program that strategically combines green principles of sustainability
with business management.
Secondly, this master program features a series of interesting and useful
courses that will benefit my future career such as Green Finance and
Investment, Corporate Strategy and Sustainable Leadership, Green
Supply Chain Management, Green Marketing.
Thirdly, this master program has a team of excellent professors doing
fruitful research on green business management. I look forward to
learning with the supervision of these professors.
3. What is your future career plan after this master program?
I will try to open my own company in Hong Kong which specializes in
green finance and green marketing, offering consultancy services for
people to invest on various projects of environmental protection and
energy saving.
4. What is green business management?
Green business management, also known as sustainable business
management, focuses on minimizing the negative environmental and
social impacts of business operations. It involves integrating
environmental considerations into all aspects of business, from
production and operations to marketing and supply chain management.
This approach aims to create a more sustainable and responsible business
model that benefits both the environment and the company's long-term
success.
5. What are the benfits of green business management?
Benefits of Green Business Management:
Reduced Environmental Impact:
Minimizing pollution, conserving resources, and mitigating climate
change.
Cost Savings:
Optimizing resource use can lead to lower energy bills, reduced waste
disposal costs, and more efficient operations.
Enhanced Brand Image:
Consumers increasingly prefer sustainable products and businesses,
leading to improved brand reputation and customer loyalty.
Competitive Advantage:
Differentiating a business from competitors by demonstrating a
commitment to sustainability.
Increased Profitability:
By reducing costs and attracting environmentally conscious customers,
green business management can contribute to long-term profitability.
Improved Employee Satisfaction:
Employees are more likely to be engaged and motivated when working
for a company that prioritizes sustainability.
Long-term Viability:
Adopting green business practices can help businesses adapt to future
environmental regulations and resource constraints, ensuring long-term
survival.
6. What are some examples of Green Business Practices?
Using renewable energy sources: like solar or wind power.
Implementing recycling and waste reduction programs .
Adopting energy-efficient technologies .
Using sustainable packaging .
Developing eco-friendly products .
Supporting local and ethical suppliers .
Investing in green technologies .
Offsetting carbon emissions .
7. What is sustainable development?
Sustainable development is an approach to growth and human
development that aims to meet the needs of the present without
compromising the ability of future generations to meet their own needs.
The aim is to have a society where living conditions and resources meet
human needs without undermining planetary integrity. Sustainable
development aims to balance the needs of the economy, environment, and
society.
Sustainable development is a development that meets the needs of the
present without compromising the ability of future generations to meet
their own needs.
Sustainable development thus tries to find a balance between economic
development, environmental protection, and social well-being.
8. What is ESG?
ESG, which stands for Environmental, Social, and Governance, is a
framework used to evaluate a company's sustainability and societal
impact, going beyond just financial performance. It helps investors and
stakeholders assess how companies manage risks and opportunities
related to these three key areas.
Here's a breakdown of each component:
Environmental:
This aspect focuses on a company's impact on the natural environment,
including its use of resources, pollution, waste management, and
contribution to climate change.
Social:
This considers a company's relationships with its stakeholders, including
employees, customers, communities, and suppliers. It involves evaluating
labor practices, diversity and inclusion efforts, human rights, and
community engagement.
Governance:
This examines a company's leadership, executive compensation, internal
controls, and overall business ethics. It also includes how the company
manages risk and complies with legal and regulatory requirements.
ESG factors are increasingly important in investment decisions, as
investors look for companies that are not only profitable but also
responsible and sustainable in the long term.
9. What is ecotourism?
Ecotourism is a form of tourism that focuses on responsible travel to
natural areas, aiming to conserve the environment, sustain the well-being
of local people, and foster understanding and appreciation of nature and
culture. It emphasizes minimizing negative impacts on the environment
and promoting the involvement of local communities in tourism
operations.
10. What is green finance and investment?
Green financing is a loan or investment that supports environmentally-
friendly activity, such as purchasing environmentally-friendly goods and
services or building environmentally-friendly infrastructure.
Making the necessary lifestyle and business changes to become greener
can be expensive, so green financing can often include incentives that
make it easier to deal with the cost of switching to electric vehicles or
improving the energy efficiency of your home, for example. So it can
help people and businesses make good purchasing and investment
decisions for both themselves and the environment.