Ethics & Sustainability Flashcards
What is earth Overshoot Day?
Earth Overshoot Day (EOD), previously known as Ecological Debt Day (EDD), is the calculated illustrative calendar date on which humanity’s resource consumption for the year exceeds Earth’s capacity to regenerate those resources that year.
What degree do we have to keep the temperature growth at?
1.5 degrees Celsius
What is Sustainability?
the endurance of systems and processes
What is sustainable development?
Sustainable development is development that meets the needs of the
present without compromising the ability of future generations to
meet their own needs
What is the “Triple bottom line”? (PPP)
Profit-People-Planet.
Freeman 1981 said that a company’s aim was what?
To create value for Stakeholders.
Who are “Stakeholders”?
Clients Employees the Future Government Shareholders Pressure Groups End Users
What are the three kinds of “Sustainability Oriented Innovation”
- Operational Optimization
- Organizational Transformation
- Systems Building
What is Operational Optimization?
Making production and supply chains more sustainable
(CDP Report, 2017)
– Redesign operations to use less energy and water (less inputs,
less outputs)
– Produce fewer emissions and waste (more efficiency)
– Translate this capability to suppliers and retailers
Manage (un-)sustainability
Sustainability starts with efficiency/eco-optimization
– Process improvement
– Operational efficiency
– Waste management and reduction
– Carbon footprint assessment (www.carbonfootprint.com)
– Life Cycle Assessment of products and processes
What is organizational Transformation?
- Anticipate and shape regulation
• Work with other companies and stakeholders
– e.g. HP, 2002 UE recycling platform developed
together with Sony, Braun, Electrolux
What is Systems Building (Societal Change)?
Novel products, services or business models that are impossible to achieve alone. “Doing good by doing new things with others”.
What is the Circular Economy?
From «Taking, Making and Disposing»
To «Regenerating, Lasting, Sharing» .
From single-loop to Multiple-loops strategies
What is the aim of “B-PLAS”?
Production of biobased and biodegradable
high performance plastic