OR3 - Sustainability Flashcards
What is environmental sustainability?
-ecosystem erosion
-unsustainable practices damaging the planet
-inability to regenerate
What is organisational sustainability?
-project/programme is sustainable in terms of availability of skills & resources
-ability to cope with the rate of change, impacting organisations & service areas, at any one time
Sustainability (random definition provided)?
“Meeting the needs of the present without compromising the ability of future generations to meet their own needs”
Sustainability (BOK Definition)?
“An approach to business that balances the environmental, social, economic & administrative aspects of project-based working to meet the current needs of stakeholders without compromising or overburdening future generations”
4 sustainability concern areas that must be balanced on any change initiative?
-environment: climate change, biodiversity & energy efficiency
-economic: affordability, risk management, & the need to generate profit
-social: consideration of human rights, equality (race/gender) & examination of the needs/expectations of wider community
-administrative: legislation & regulation, health & safety & finally resource efficiency
-all 4 need to be considered when thinking of sustainability
What is ‘Triple Bottom Line - TBL’?
-how organisations operate & in turn frame their corporate objectives & direction
-considers the economic, social & environmental concern areas (hence TRIPLE bottom line)
-think that economic should also refer to legislation & regulation so hence the administrative area sustainability concern too
How do project outputs impact on these areas of concern relating to sustainability - REGULATIONS?
-anything produced must be done so in light of environmental regulations & legislation, so that we can’t harm the environment e.g. leaking harmful chemicals when implementing a new business process
How do project outputs impact on these areas of concern relating to sustainability - ECONOMIC?
-might be reflected in a project/programme’s business case
-need consideration of financial benefits as well as side effects & consequences of changes that must be accounted for
How do project outputs impact on these areas of concern relating to sustainability - ENVIRONMENTAL?
-in terms of impact on air pollution levels, or child safety regarding road crossings etc cannot be ignored
How do project with non-physical outputs impact on these sustainability areas?
-all projects will have to adhere to regional/national/international regulations & standards & therefore any administrative areas of concern
-new ways of working (ppl, processes culture & policy) need positive environmental impact e.g. paper storage, remote meetings
-transformational IT changes including efficiencies & unexpected customer behaviour/trends
What is ISO 14001?
-Internationally recognised set of guidelines for environmental management
What is LEED?
-Leadership in Energy & Environmental Design
-framework for healthy, highly efficient, & cost-saving green buildings
What is B Corp?
-Transforming the global economy to benefit all people, communities & the planet
What is SASB?
-Sustainability Accounting Standards Boards
-founded in 2011 by Jean Rogers to develop sustainability accounting standards
Sustainability practices must be…
-monitored, measured & reported on to ensure progress
-will be monitored using: key performance indicators (KPIs); environmental, social & governance (ESG) date; operational carbon usage data; & embodied carbon measures
