Chapter 16 Flashcards
triple bottom line for sustainable development
social environmental economic
social sustainability
how company contributes to social well being of employees
EDI
environmental sustainability
minimizg impacts on the environment
economic sustainability
managing operaitons in a way that promotes long term growth and profitability
circular economy
identfiying and removing inefficiencies in production processes
designing a product for a long life span
“reduce reuse recyle”
linear economy
model of production where goods are made used and wasted
“take make waste”
pros for businesses in circular economy model
reduced costs: less inputs and less waste
improved resilience: less raw materials, less subject to volatile prcing and shortage
stronger relationships: products are leased more than sold <#
positive brand: more happy customers
cradle to cradel design strategy
ZERO waste production, making somehting and considering impacts until used again
reduce reuse recycle BUT EXTREME
biodegradable packaging
cradle to grave dseign strategy
considers impacts of product only from production to disposal
William McDonough, an architect, who combined design and science to develop a framework characterized by three principles:
(1)everything is a resource for something else,
(2)the “waste” of one system becomes food for another, and
(3)everything can be designed to be disassembled and absorbed back into nature or reused as high-quality materials for development of new products.
William McDonough, an architect, who combined design and science to develop a framework characterized by three principles:
(1)everything is a resource for something else,
(2)the “waste” of one system becomes food for another, and
(3)everything can be designed to be disassembled and absorbed back into nature or reused as high-quality materials for development of new products.
biological cycle in cradle to cradle life cycle
a cycle where all nutrients are absorbed into nature
for firms the goods should be reused
technical cycle in cradle to cradle goods
non-toxic human made nutrients that have no negative effects on nat environment
THAT CAN BE TRANSFORMED!!!
UPCYCLING
what two cycles do goods flow through in cradle to cradle lifecycle
biological and technical
cradle to cradle principles
material health: inputs must be safe
material reutilization: inputs should be readily recoverable
renewable energyL energy used in production should
water stewardship: water must be regaded as a precious resource
social responsibility:edi
biomimicry
learning from natures processes and ecosystems and using them to design sustainability
biological nutrients (e.g., food, natural fibres) and technical nutrients (human-made materials such as metals, oil-based plastics)
biological nutrients (e.g., food, natural fibres) and technical nutrients (human-made materials such as metals, oil-based plastics)
life cycle assesment
a tool used to assess the potential environemntal impaccts of a product, procces, or service over PLC
life cycle analysis steps
1) define the goal and scope: what are we looking for?Detail the products CRADLE
2) inventory analysis : data collection, look at inputs and outputs of the good
3) impact assesment: separating impacts into categories And ANALYZING IT
4) interpret the data:
PITALLS FO DOING AN LCA
expensive and complex
sustainable supply chain management
efforts to consider the environmental, social, and economic impacts of a product’s journey through the supply chain, from raw materials sourcing to production, storage, delivery, and every transportation link in between.
how to encourage supply chain sustainability
1) procurment: procuring energy/water sustainabilt
2) operations: remove inefficiences
3) waste management: avoiding excess waste
4) data and communications: use KPO to measure and report onn processes
challenges of supply chain sustainiability
1) lack of visibility into the supply network : oto many moving parts and not enough transparency
2) cost: small businesses cant afford it
3) lack of options: soemtimes there are no sustainable alternatives
product stewardship
environmental anagementt focuses on responsibly managing environemntal aspects of ra/w/intermediate/consumer products throughut life cycle
whos responsbile for product stewardship
SUPPLIERS AND FIRMS AND CUSTOMERS
