COMM 103 Chapter Notes - Chapter 4: Kyoto Protocol, Regulatory Compliance, Resource Management
27 Sep 2017
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Document Summary
Chapter 4 the environment and sustainable business practices. Enviro stewardship: using sustainability values when managing environ resources. Become costly for regulatory compliance (fines, cleanup, injury claims), so comps began eco-management initiatives. Benefit of this risk exposure recognition: market realized impact of unabated consumption practices & environ consequences. Climate change: devastating to crop yields; must cut carbon-based emissions: improving energy efficiency, decarbonizing the energy supply, transportation and innovation, biodiversity: deforestation, human behavior modification. Kyoto protocol: international agreement: nations stabilize ghg emissions. Toxic threats: lead, mercury, chromium, arsenic: in air, water, food, soil etc. The energy crunch dependent on oil and fossil fuels (coal, gas) Depends on: (1) resource availability: peak model theories: suggest that finite supply of non- renewable sources is coming to an end. Immediate access to additional capacity (to meet demand need of market) (2) improvements in energy productivity from the sources we have available: behavioural change, investment in tech, energy productivity.
