Business Sustainability Sunselect Property Group

Question: Discuss about the Business Sustainabilityfor Sunselect Property Group. Answer: Introduction In Australia, the property business is a lucrative business. The property market in Australia comprises the trading of land and permanent fixtures with in Australia. Sunselect Property Group is an organization which focuses on the real estate business in Australia and the company also focuses on various measures for the success in Business operations such as Waste Management, Energy Management, Water Management and many more. The report has gone through various researches on the required Energy consumption, Waste Management and Water consumption of the company Sunselect Property group. In the last part, the report has given few recommendations to the company Sunselect Property Group and draw a conclusion upon the research. Findings Discussions The research process has gone through various aspects of business sustainability required for a real estate business Australia. Energy Consumption In the household there are various usage of electricity. Climate change is now an arguable challenge all over the world due to emissions of greenhouse gases (Energy Rating 2017). The effectiveness of electronic appliances has been increased due to various purpose, one of them is the climate change. In households of Australia, 40% of the energy is used for heating and cooling, whereas 33% is used for the electronic appliances and refrigeration equipments along with cooking appliances. However, 21% of energy is used for water heating and a mere 6 % is for lightings (Energy Rating 2017). There are other various use of Energy in the household sector such as home automation and many more. The data reveals that, the real estate sector need to have a look on the necessity of the equipments which can implement energy savings. For this purpose, the real estate company can install the solar electric system in the housing complex it builds (Zhou and Yang 2016). There are various sources of renewable energy such as photovoltaic systems, smart meters to minimize and control the use of energy in home. Batteries and inverters also can be used to minimize the use of energy in the households (Zhou and Yang 2016). The customers may or may not concentrate on these facts of energy savings, but as a property company, Sunselect should focus on such energy saving tools for the buildings it deals with (Madden, Florin and Giurco 2016). Waste Management Waste management in Australia is a big matter of concern for the company operating in the real estate sector. In the construction and household sector, there are two types of wastes that can be minimized by various strategies, they are material waste and water waste (Lougheed, Hird and Rowe 2016). There are various states in Australia who have moved toward zero waste strategy to enable more material savings for the country Australia. Most of the real estate companies in Australia now days focusing on the industrial waste management and they have taken the Re strategies of Waste minimization. The main focuses of this Re strategy are Reduce, Reuse and Recycle (Tam and Lu 2016). Reduce strategy consists of depletion of resources by constructing small buildings with better designs and as per the customers need factor, not the want factor. This means the usage of domestic space in effective way (Tam and Lu 2016). Reuse strategy consists of utilizing previously used buildings materials in order to make the reliable use of new resources in construction. This strategy will also help in minimizing the construction costs for the buildings along with that, it will let the customers of the company to acquire their dream homes in less price bracket (Tam and Lu 2016). Recycle resources consists of the resources which are left over, those resources can be made reusable for the construction purposes along with various other purposes. This strategy will help in reducing demand for the new raw materials and will help in waste management in the construction processes. There are various items which can be recycled such as glass, carpet, bricks and tiles, plastics and fiber materials (Tam and Lu 2016). The construction companies should focus on the waste management in their construction sites and this will reduce their expenses too. Reuse, recycling of the household or construction waste can manage the budget of construction and at the end the company can earn more profit from that too. Water Consumption and Management Water is a necessary source for human life along with for every day household purposes. Water waste means that, on regular basis the household purposes are causing the waste of valuable drinking water (Fielding et al. 2016). However, there are two types of wastewater. One is Grey water and the second one is Black water. There are various scientific ways for this waste water management. The waste water can be used for the outdoor uses such as gardening. There are various advantages and disadvantages of reuse of waste water. The advantages are Reduction in water bills, less use of fresh drinking water in household purposes, garden purposes can be continued with the waste water during water restrictions, less need of infrastructure for water supplies and many more (Tapsuwan et al 2016). There are few disadvantages too in reusing the waste water such as Extension of waste water management equipments, chances of contamination and diseases and maintenance cost of waste water management systems. Though there are disadvantages, but these can be avoided through various scientific measures. The construction business organization should focus on the less use of construction site along with implementing such set ups for waste water management in their new constructions (Liu, Giurco and Mukheibir 2016). Conclusion Recommendations Recommendations The Sunselect Property Group is suggested to understand the importance of the energy management, waste management and the water resources management. The company should apply various scientific equipments in their new constructions to implement the savings of energy and water and various raw materials. Conclusion The report has gone through various aspects of the energy, waste and water management in the household and the construction business. The report has given few recommendations to the company to follow in their future construction processes. The report concludes that, every construction company like Sunselect Property Group should understand follow the waste management measures and this will lead to a better world for all people. Reference List Energy Rating. 2017. Energy Use. [online] Available at: https://www.energyrating.gov.au/document/report-energy-use-australian-residential-sector-1986-2020 Fielding, K.S., van Kasteren, Y., Louis, W., McKenna, B., Russell, S. and Spinks, A., 2016. Using individual householder survey responses to predict household environmental outcomes: The cases of recycling and water conservation. Resources, Conservation and Recycling, 106, pp.90-97. Liu, A., Giurco, D. and Mukheibir, P., 2016. Urban water conservation through customised water and end-use information. Journal of Cleaner Production, 112, pp.3164-3175. Lougheed, S.C., Hird, M.J. and Rowe, K.R., 2016. Governing household waste management: an empirical analysis and critique. Environmental Values, 25(3), pp.287-308. Madden, B., Florin, N. and Giurco, D., 2016. Assessment of waste to energy as a resource recovery intervention using system dynamics: A case study of New South Wales, Australia. Life Cycle Assessment and Other Assessment Tools For Waste Management and Resource Optimisation. Tam, V.W.Y. and Lu, W., 2016. Construction waste management profiles, practices, and performance: a cross-jurisdictional analysis in four countries. Sustainability, 8(2), p.190. Tapsuwan, S., Mankad, A., Greenhill, M. and Tucker, D., 2017. The influence of coping appraisals on the adoption of decentralised water systems in Australia. Urban Water Journal, 14(1), pp.45-52. Zhou, K. and Yang, S., 2016. Understanding household energy consumption behavior: The contribution of energy big data analytics. Renewable and Sustainable Energy Reviews, 56, pp.810-819.