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ENV100H1 Chapter Notes -Corporate Sustainability, Human Capital, Natural Capital

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pucecod518
24 May 2012
School
UTSG
Department
School of Environment
Course
ENV100H1
Professor
Stephen Scharper

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ENV100H1 Full Course Notes
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ENV100H1 Full Course Notes
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Document Summary

Megatrend: a fundamental shift in the competitive landscape that creates inescapable threats and game-changing opportunities profoundly affects companies competiveness and even their survival. Over the last 10 yrs sustainability imperative has emerged magnified by escalating public and governmental concern about climate change, industrial pollution, food safety, and natural resource depletion. Stakeholder who ceos believe will have the greatest impact on the way they manage societal expectations. Top 3 drivers f ceos action on sustainability issues. Personal motivation 42% others: consumer demand 39% Sustainable development (sd) meeting the needs of the present generation w. o compromising the ability of future generations to meet their own needs- brundtland. Sustainability- the possibility that human and other forms of life on earth will flourish forever- john ehrenfeld, prof emeritus mit. Sustainable development (sd): enough- for all-forever african delegate to joannesburg. In a sustainable society nature is not subject to a build-up of.

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Related Questions

Complete the answers to the 5 questions at the end of Case 27, "New Belgium Brewery: Building a Business on Sustainability", pp. 688-691. Case 27, "New Belgium Brewery: Building a Business on Sustainability"

1) What are the ethical issues in this case?

2) What keeps other companies from having the commitment to environmental sustainability that NBB has evidenced?

3) Are you more likely to purchase a product from a company with a strong commitment to sustainability?

4) The environmental sustainability benefits of cans over bottles are well established. Should NBB make a greater commitment to cans even if it means forgoing the distinctive aspects of its bottles and the potential loss of craft beer status in customers' perceptions?

5) Are New Belgium Brewings Core Values and Beliefs sustainable? Or, will the company be forced by competition to revert to many of the traditional practices of other brewers?

Problem:

The two professional societies representing the students in this class have published the following statements/definitions of sustainability.

From ASCE: ASCE and its members are dedicated to ensuring a sustainable future in which human society has the capacity and opportunity to maintain and improve its quality of life indefinitely, without degrading the quantity, quality or the availability of natural, economic and social resources.

From ASME: Sustainability means engineering products and developing manufacturing processes that do not consume irreplaceable resources. Engineers often apply the term to the design of long-lived products for ease of maintenance under less than ideal conditions. Sustainability is built on recycling, generating more resources, and reducing the pressures of consumption on those resources from population growth and affluence. Sustainability also means economic growth without shortchanging the future.

Your assignment: Compare and contrast the two sustainability statements. What is common between the two statements and what is different? What is missing? How should sustainability be addressed in your organization's Code of Ethics (those are online). As a future professional engineer, write your own definition of sustainability as it applies to your profession.

Compare and contrast the three different perspectives on sustainability.(weak substainability, Strong substainabiity, ecological sustainability). What is your perspective and how would you classify it given the three general views of sustainability we discussed? Consider what you have learned about the economics of non-renewable resources and inter-temporal efficiency in the context of sustainability. If all of our modeling assumptions are retained, what is the implication for future generations with respect to prices and the amount of available non-renewable resources? What forces might change the outcomes for future generations?