Corporate Sustainability at TU München

Flashcards and summaries for Corporate Sustainability at the TU München

Arrow Arrow

It’s completely free

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

studysmarter schule studium
d

4.5 /5

studysmarter schule studium
d

4.8 /5

Study with flashcards and summaries for the course Corporate Sustainability at the TU München

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Ecodesign (lifecycle)Strategies wheel : sums up all the possibilities to improve environmental impact of products

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Sustainablilty Marketing Matrix

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Sustainability Portfolio (Hart and Milstein)

This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Product-Service Systems as a subgroup of new concept development (Tukker)

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Industrial Ecology

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Industrial Ecology

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Williard´s 5 stages of sustainability

This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Sustainability is an approach and not static and directly linked to leadership. CEOs have a large impact in terms of vision and culture.

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Obstacles to Sustainability

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Biomimicry

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

How far can we rely on technology to solve problems:

This was only a preview of our StudySmarter flashcards.
Flascard Icon Flascard Icon

Millions of flashcards created by students

Flascard Icon Flascard Icon

Create your own flashcards as quick as possible

Flascard Icon Flascard Icon

Learning-Assistant with spaced repetition algorithm

Sign up for free!

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

10 myths of entrepreneurship (video) & what is also true:

Your peers in the course Corporate Sustainability at the TU München create and share summaries, flashcards, study plans and other learning materials with the intelligent StudySmarter learning app.

Get started now!

Flashcard Flashcard

Exemplary flashcards for Corporate Sustainability at the TU München on StudySmarter:

Corporate Sustainability

Ecodesign (lifecycle)Strategies wheel : sums up all the possibilities to improve environmental impact of products

0) New concepts development: To reconsider the whole concept of offering

1) Low-impact materials: choosing the materials that you will be using, easily recyles, choose the ones with low energy requirement

2) Reduce material: use less material to generate less waste

3) optimize production: moving to cleaner production processes, less waste

4) Optimize distribution: e.g. what type of transportation is used

5) Optimize user stage: reducing the amount of toxic , 80 % of emission happen during the user stage --> the source of electricity for electric cars is really impacting on the device´s footprint

6) Optimize initial lifetime: create goods that last long, create products that imply a strong personal connection, repair must be cheaper than a new product

7) Optimize end-of-life system: stimulate the reuse or a second life of a product

Corporate Sustainability

Sustainablilty Marketing Matrix

  • Relationship Marketing: focuses on relationships and narrow market scope
  • Modern Marketing: focuses on commercial transactions and narrow markets
  • Eco-Marketing and ethical Marketing: focuses on commercial transactions and a broad scope on the triple bottom line (market, society and planet)
  • Sustainability Marketing: focuses on relationships and a broad triple bottom line scope : pours relationship Marketing with ecological concerns, promotes social justice and equality, avoid making existing injustice worse

Corporate Sustainability

Sustainability Portfolio (Hart and Milstein)

Companies choose a sustainability portfolio approach that consists of four strategies:

1) Tomorrow and internal: Clean Technology: develop the sustainable competencies of the future and get Innovation and Repositioning

2) Today and internal: Pollution Prevention: minimize waste and emissions form operations to reduce risk and costs

3) Tomorrow and External: Base of the pyramid: create a shared road map for meeting unmet needs to grow and trajectory

4) External and Today: Product Stewardship: Integrate stakeholder views into the business processes to increase reputation and legitimacy

Corporate Sustainability

Product-Service Systems as a subgroup of new concept development (Tukker)

  • you can have the value mainly in product (product content = tangible) or in service content (is intangible)
  • if you are rather product-oriented:
    1. Product related
    2. Advice and consultancy
  • Use oriented:
    3: Product lease
    4. Product renting
    5. Product pooling
  • result-oriented:
    6. Activity management (outsourcing different functions like cleaning service
    7. Pay per service unit
    8. Functional result, which is the most loose concept, difficult to track and measure, high potential, produce provide and use have a high impact on the final outcome

Corporate Sustainability

Industrial Ecology

...is an not individualized organizational effort that rather has an industrial look on how things work, is about optimizing a network with firms that have a similar value chain

...coorperations between companies that create a system which has positive society and environment impact

Corporate Sustainability

Industrial Ecology

  • Interdisciplinary
  • natural systems as archetypes for industrial systems
  • material and energetic flows form industrial system that are interconnected as industrial Metabolism
  • Goals of a closed loop: zero energy consumes, zero emissions produced, zero wast generated
  • example: Covenburg Denmark: closed loop between energy and material flow, inflow of one is outflow of another, high possible circulation

Corporate Sustainability

Williard´s 5 stages of sustainability

Stage 1: Pre-compliance: Companies try to fight social and environmenal responsability
Stage 2: Compliance: do the neccessary by law

Stage 3: Beyond Compliance
stages 1-3 are reactive

Stage 4: Integrated Strategy: Corporate Sustainability is embedded in the value chain, linking market opportunities with sustainability

Stage 5: Purpose & Passion: is easier for entrepreneurs than for established companies, should define a company

Corporate Sustainability

Sustainability is an approach and not static and directly linked to leadership. CEOs have a large impact in terms of vision and culture.

.

Corporate Sustainability

Obstacles to Sustainability

-immediate financial goals are more urgent
-absence of a compelling business case for sustainability
-lack of consensus on ultimate goals of sustainability program

Corporate Sustainability

Biomimicry

  • a design approach while being inspired by nature, learning form evolution science and applying it to humans
  • e.g. in aerodynamics, rotors of a windmill

Corporate Sustainability

How far can we rely on technology to solve problems:

-factor 4 and factor 10

-technology can solve a problem but the impact is decided on how we use and build them (E-Autos)

-technology is value-free and they way it is used decides about its impact

-rebound effect: cars can now drive further than before but need hence more fuel (are not really more efficient)

Corporate Sustainability

10 myths of entrepreneurship (video) & what is also true:

  • entrepreneurship lies in each of us
  • start with available means
  • constantly develop imagination about various goals and do not fix on a specific one
  • no expected return for an investment
  • rather an affordable loss
  • exchange goals and means with others
  • co-create with partners
  • business plans do not reduce uncertainty but limit options
  • luck is part of the process but the method helps to increase the odds
  • learn to be an entrepreneur (they are not born this way)
  • do not predict the future but rather develop it and deal with uncertainty

Sign up for free to see all flashcards and summaries for Corporate Sustainability at the TU München

Singup Image Singup Image
Wave

Other courses from your degree program

For your degree program Corporate Sustainability at the TU München there are already many courses on StudySmarter, waiting for you to join them. Get access to flashcards, summaries, and much more.

Back to TU München overview page

Biochemie

Business Ethics

Reaktionstechnik und Katalyse

Corporate internationalization strategies and transformation through digitization

Business Intelligence & Reporting

Grundlagen Prod. Logistik

Analytische Chemie

Secure payment Networks

Management and Sustainability at

Universität Hamburg

Sustainability at

Universität Erlangen-Nürnberg

Sustainability Management at

Universität Hamburg

Sustainability at

Universität Paderborn

Sustainability and Finance at

Universität Magdeburg

Similar courses from other universities

Check out courses similar to Corporate Sustainability at other universities

Back to TU München overview page

What is StudySmarter?

What is StudySmarter?

StudySmarter is an intelligent learning tool for students. With StudySmarter you can easily and efficiently create flashcards, summaries, mind maps, study plans and more. Create your own flashcards e.g. for Corporate Sustainability at the TU München or access thousands of learning materials created by your fellow students. Whether at your own university or at other universities. Hundreds of thousands of students use StudySmarter to efficiently prepare for their exams. Available on the Web, Android & iOS. It’s completely free.

Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards
Awards

Best EdTech Startup in Europe

Awards
Awards

EUROPEAN YOUTH AWARD IN SMART LEARNING

Awards
Awards

BEST EDTECH STARTUP IN GERMANY

Awards