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Corporate Social Responsibility > Lecture 5 & 6 > Flashcards

Lecture 5 & 6 Flashcards

1
Q

human rights risks to business (7)

A
  1. production disruption (e.g due to unions, community opposition, protests)
  2. reputational risk
  3. financial risks (investor concerns)
  4. social license (acceptance by broader society)
  5. NGO and media relations
  6. legal
  7. regulations and standards
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2
Q

human rights opportunities to business (5)

A
  1. brand recognition and commercial reward
  2. reputation
  3. stakeholder relations
  4. social license (gain social acceptance from community)
  5. local community’s “preffered partner”
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3
Q
  1. guiding principles of the UN guiding principles on business and HR
A
  1. PROTECT
  2. RESPECT
  3. REMEDY
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4
Q

HR due diligence process (5)

A
  1. embed responsible business conduct
  2. identify and assess adverse impacts (throughout the value chain, based on saliency)
  3. cease, prevent, or mitigate
  4. track implementation and results
  5. communicate how impacts are addressed
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5
Q

3 reasons to follow low levels in global material flow?

A
  1. high rates of extraction
  2. ongoing stock build-up
  3. low levels of end-of-use
    processing and cycling
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6
Q

hierarchy in circularity top 3 most important (highest)

A

SMARTER DESIGN
1. refuse
2. rethink
3. reduce

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7
Q

hierarchy in circularity medium level (5)

A

EXTENDING USE
1. reuse
2. repair
3. refurbish
4. re-manufacture
5. repurpose

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8
Q

hierarchy in circularity low level (2)

A

MAKE IT USEFUL
1. recycle
2. recycle

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9
Q

list the hierarchy in circularity (3 main headings)

A
  1. SMARTER DESIGN
  2. EXTENDING USE
  3. MAKING IT USEFUL
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10
Q

4 circular revenue models

A
  1. Pay per use
  2. Rental
  3. Sell-buy-back
  4. lease
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11
Q

pay per use model

A

The Producer offers the User a service (use of the productplus
maintenance and repair), who only pays for the USE of this

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12
Q

rental

A

The User rents a product from the Producer and pays for the
AVAILABILITY of this produc

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13
Q

sell-buy back

A

The Producer sells a product to the User, and the Producer
GUARANTEES to buy back this product. The User has the OPTIONto
sell the product back.

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14
Q

lease

A

The Producer or User wants FINANCING by a Leasing company for the
product.

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15
Q

reasons for climate change (2)

A
  1. natural (natural climate cycle, change in orbit, fluctuation in sun’s energy, volcanic eruptions)
  2. human (increase in population, fossil fuels, deforestation, increase in greenhouse gas)
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16
Q

natural reasons for climate change

A
  1. earth naturally has a climate cycle
  2. changes in earth’s orbit
  3. fluctuations in the Sun’s energy
  4. volcanic eruptions
17
Q

human reasons for climate change

A
  1. increase in population
  2. burning fossil fuels
  3. large scale deforestation
  4. increase in greenhouse gas
18
Q

examples of UPSTREAM scope 3 emissions

A

daily commute of employees
purchase of materials
buildings and equipment
fossil fuel extraction
employee airplane
transportation and distribution
waste

19
Q

examples of scope 1 emissions (COMPANY)

A

direct emissions from controlled facilities and operations
-> cobustion of fuels in owned facilities

20
Q

examples of scope 2 emissions (COMPANY)

A

indirect emissions from produced energy
-> purchase of electricity and heat in owned facilities

21
Q

examples of DOWNSTREAM scope 3 emissions

A

investments in joint ventures, m&a
transportation and distribution
end of life disposal
emissions from franchises
emissions due to selling and usage

22
Q

impact on business (chabel moussa)

A
  1. physical
  2. economic
  3. regulatory
  4. legal
  5. reputation
  6. competitiveness
23
Q

define first order risks on busineses

A

direct impacts of CC on the company’s infrastructure and operations

24
Q

examples of first order risks

A

higher temperatures increases cooling costs for data centers
increase maintenance rate and costs
increase in heat related ilnesses

25
Q

define second order risks

A

indirect impacts of internal and external stakeholders

26
Q

examples of second order risks

A

introduction of GHG regulations
investors putting pressure to lower emissions
customer demands
competitors employing GHG managemnet
staff pressure

27
Q

a well prepared business chabel moussa (6)

A
  1. corporate decision
  2. education and employee engagement
  3. measure GHG emissions
  4. monitor GHG emissions
  5. manage emissions (avoid/ reduce)
  6. report efforts
28
Q

transformation approach (4)

A
  1. explore: scale up in communities
  2. elevate: accelerate in co-creation sprints
  3. empower: create conditions to transform
  4. energize: catalyse the transition
29
Q

4 phases of the transformation approach (4)

A
  1. catalyse in the transition
  2. create conditions to transform
  3. accelerate in co-creation sprints
  4. scale up fast in communities

Corporate Social Responsibility (7 decks)

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