Measuring social environmental and economic impacts

The Middle East organization chosen is Emaar as a good example of corporate commitment to sustainability. A review of corporation and influence of existing regulation on enabling a company to operate sustainably will also be covered. The term sustainability can be defined simply as the human desire for an environment that provides both present and future benefits for posterity (Baumgartner, & Ebner, 2010). The two researchers also stated that corporate governance may mean co-joining of the relationship as well as economics which state performance and direction of the company. Ethical Role of an Organization With Respect To Sustainability In the current business market, there are three main aspects of sustainability. The use of corporate social responsibility is another important factor that the organization should consider using as a way of addressing the challenges it faces, may it be social, environmental or economic once.

In this regard, the organization more often tend to react to the provided evidence by purporting that the issue of corporate social responsibility does not exist. This is due to the fact that despite the impact of the evidence provided, organizations may not be able to assume the insurmountable benefits accrued to the unethical conducts (Baumgartner & Ebner, 2010). Taking into consideration the inexpensive costs of inputs invested towards the productions of merchandise, companies are more likely to outgo the evidence presented. This may go on until such a time when more pressure is put on the company through a form such as the media. Case study Organization Emaar United Arab Emirates Emaar is arguably the biggest player in the United Arab Emirates real estate industry.

It is seen by many businessmen and governments as the pioneer in the development of docket Dubai. In the last ten years, Emaar has successfully completed numerous mega construction projects (AlEid, 2015). Some of its well-known projects include The Emaar Towers, The Meadows, Burj Khalifa, and The Dubai Mall among many other constructions which have greatly reshaped the brand image of Dubai to be a leading hub for business people and tourists. Organization Background The magnificent and growing real estate in the United Arab Emirates is considered a one on one outcome of booming economic growth of in Dubai after oil. References AlEid, A. B. M.  A Financial Statement Analysis on Three Major Construction Companies in the UAE (Arabtec Holding PJSC, Drake & Scull PJSC and Emaar Properties PJSC) (Doctoral dissertation, The British University in Dubai (BUiD)).