Corporate Sustainability at TU München | Flashcards & Summaries

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Lernmaterialien für Corporate Sustainability an der TU München

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TESTE DEIN WISSEN

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

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TESTE DEIN WISSEN

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

Lösung ausblenden
TESTE DEIN WISSEN

How do the poor recognize opportunity?

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TESTE DEIN WISSEN

Opportunity Discovery:

  • by Kirzner
  • opportunities are objective real entities
  • out there and ready to be recognized and exploited
  • opportunity discovery is the consequence of entrepreneurial alertness


Opportunity Creation

  • by Schumpeter
  • opportunities are subjective (hence social constructs)
  • do not exist until entrepreneurs create them
  • opportunity creation is the consequence of the process of entrepreneurial enactment (knowing where I am good at)
Lösung ausblenden
TESTE DEIN WISSEN

Industrial Ecology

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TESTE DEIN WISSEN

...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

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TESTE DEIN WISSEN

Obstacles to Sustainability

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TESTE DEIN WISSEN

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

Lösung ausblenden
TESTE DEIN WISSEN

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

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TESTE DEIN WISSEN
  • 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
Lösung ausblenden
TESTE DEIN WISSEN

Biomimicry

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TESTE DEIN WISSEN
  • 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
Lösung ausblenden
TESTE DEIN WISSEN

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

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TESTE DEIN WISSEN

.

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TESTE DEIN WISSEN

Sustainability Portfolio (Hart and Milstein)

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TESTE DEIN WISSEN

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

Lösung ausblenden
TESTE DEIN WISSEN

Sustainability Strategy Typology

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TESTE DEIN WISSEN

Strategy 1: Eco-Efficiency: have low costs and include it in your organizational processes

Strategy 2: Beyond Compliance Leadership: differentiate your organizational processes, compliance with certain standards and environmentally friendly

Strategy 3: Eco-branding: differentiate sustainable products and services

Strategy 4: Environmental Cost Leadership: cost leadership and sustainable products (very difficult to achieve), option: move from products to services

Lösung ausblenden
TESTE DEIN WISSEN

Six criteria for Corporate sustainability by Dyllik and Hockerts:

Lösung anzeigen
TESTE DEIN WISSEN

Triangle between Business Case, Societal Case and Natural Case (look up in slides again)

1) Eco-effectiveness: e.g. the rebound effect - absolute relationship between the natural and the business case

2)Eco-efficiency: connection between economic and environmental capital, the input-output (what you produce and what you use to produce) relationship is positive
= producing more with the same resources or produce same with less resources. Resources used must stay at earth´s capacity and products you deliver should satisfy human needs

3)Socio-efficiency: is about the relative improvement how much capital you draw from natural and societal case

4) Socio-effectiveness: absolute positive impact that a firm could have to benchmark yourself with...e.g. pharma firms produce good products but do the bring it to the people in need?

5) Sufficiency: not consuming more than what you need

6)Ecological equity: fair distribution of the natural capital

Lösung ausblenden
TESTE DEIN WISSEN

How far can we rely on technology to solve problems:

Lösung anzeigen
TESTE DEIN WISSEN

-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)

Lösung ausblenden
TESTE DEIN WISSEN

Williard´s 5 stages of sustainability

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TESTE DEIN WISSEN

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

Lösung ausblenden
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  • 11360 Studierende
  • 496 Lernmaterialien

Beispielhafte Karteikarten für deinen Corporate Sustainability Kurs an der TU München - von Kommilitonen auf StudySmarter erstellt!

Q:

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

A:

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

Q:

How do the poor recognize opportunity?

A:

Opportunity Discovery:

  • by Kirzner
  • opportunities are objective real entities
  • out there and ready to be recognized and exploited
  • opportunity discovery is the consequence of entrepreneurial alertness


Opportunity Creation

  • by Schumpeter
  • opportunities are subjective (hence social constructs)
  • do not exist until entrepreneurs create them
  • opportunity creation is the consequence of the process of entrepreneurial enactment (knowing where I am good at)
Q:

Industrial Ecology

A:

...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

Q:

Obstacles to Sustainability

A:

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

Q:

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

A:
  • 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
Mehr Karteikarten anzeigen
Q:

Biomimicry

A:
  • 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
Q:

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

A:

.

Q:

Sustainability Portfolio (Hart and Milstein)

A:

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

Q:

Sustainability Strategy Typology

A:

Strategy 1: Eco-Efficiency: have low costs and include it in your organizational processes

Strategy 2: Beyond Compliance Leadership: differentiate your organizational processes, compliance with certain standards and environmentally friendly

Strategy 3: Eco-branding: differentiate sustainable products and services

Strategy 4: Environmental Cost Leadership: cost leadership and sustainable products (very difficult to achieve), option: move from products to services

Q:

Six criteria for Corporate sustainability by Dyllik and Hockerts:

A:

Triangle between Business Case, Societal Case and Natural Case (look up in slides again)

1) Eco-effectiveness: e.g. the rebound effect - absolute relationship between the natural and the business case

2)Eco-efficiency: connection between economic and environmental capital, the input-output (what you produce and what you use to produce) relationship is positive
= producing more with the same resources or produce same with less resources. Resources used must stay at earth´s capacity and products you deliver should satisfy human needs

3)Socio-efficiency: is about the relative improvement how much capital you draw from natural and societal case

4) Socio-effectiveness: absolute positive impact that a firm could have to benchmark yourself with...e.g. pharma firms produce good products but do the bring it to the people in need?

5) Sufficiency: not consuming more than what you need

6)Ecological equity: fair distribution of the natural capital

Q:

How far can we rely on technology to solve problems:

A:

-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)

Q:

Williard´s 5 stages of sustainability

A:

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

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