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(b) Identifying key criteria
Frequency Percentage (FP) indicates different level of criteria into three categories; (i) key criteria,
nd
rd
(ii) 2 important criteria, (iii) 3 important criteria along the 700 years establishment. Noted that
assuming for each criterion, the minimum number of frequency per year is one. Therefore, 560 = 1 ×
8 companies × 70 years.
Hence, the (FP) can be determined as:
Frequency Percentage = Number of frequency per period of time for each criteria × 100%
560
Where;
Key criteria = > 80%
nd
2 important criteria = 50% ~ 79%
rd
3 important criteria = < 50%
Table II
Classification of sustainability criteria for automotive company
nd
rd
Key criteria 2 important criteria 3 important criteria
80% and
above 5% - 79% < 50%
Market expansion
(23.4%)
New Product Design Technology (17%)
introduction improvement Joint Venture (6.6%)
Product diversion
81% 58% (5.9%)
Partnership (4.1%)
Merging (1.8%)
Conclusion
Based on the result and discussion, it can be concluding that;
a) Eight manufacturing companies in automotive industry are identified on sustainable
manufacturing company that remains in the list of Fortune Global 500 from period 2005 to
2015.
b) Five criteria with sub-criteria are clarified through literature study, timeline study of the
manufacturing company and criteria of Fortune Global 500.
c) New product introduction has been clarified as the key criteria that contribute of the
automotive manufacturing companies’ sustainability.
References
[1] Asif, M., Erik, J., Olaf, A. And harm, J. 2008. Achieving sustainability three dimensionally.
Proceeding of the 2008. IEE Digital Library, pp 423
[2] A Time Warner Company, cables News network. 2016. Fortune Global 500 list [Online].
Available at: http://www.fortune.com/fortune500/list/ [Accessed: 12 January 2016]
[3] Bevilacqua, M., Ciarapica, F. E. And Giachetta, G. 2007. Development of a sustainable product
life cycle in manufactyuring firms: a case study, International Journal of production research, 45(18-
19), pp. 4073-4098.
[4] Institute for sustainability, 2017. Defining sustainability [Online]. Available at:
http://www.theinstituteforsustainability.com/ [Accessed: 29th May 2017]
[5] Jos, D., Carlos, S., Sameh, S. and Terrance. P. 2010. A sustainability value system principle for
global supply chain. Green manufacturing. Pp 329-334