What business can and should do Flashcards
1
Q
def. leverage point
A
places within a complex system where a small shift in one thing can produce big changes in everything
2
Q
describe some take-aways of “PAYING FOR HEALTH CARE
WITH TREES: A WIN - WIN FOR ORANGUTANS AND COMMUNITIES”
A
- Radical listening (stakeholder = consultation)
- Intersectoral (agriculture, conservation, health, education)
- Positive outcomes in multiple domains (education,
biodiversity, food security) - Ongoing refinement of the ”business model”
3
Q
describe how systems thinking is hard
A
- There are no right answers
- Dividing the problem into subproblems is not the way to go. You lose characteristics of the system that way
- Cause and effect will not be closely related in time and space
- Beware of quick fixes
- Things may get worse before they get better
4
Q
describe the three parts of the triple bottom line
A
- planet (environmental performance)
- profit (economic performance)
- people (social performance)
-sustainability at the middle of the venn diagram
5
Q
what are the three ways to define/approach SDG
A
- defensive (shareholder value, business considered separately and the most from env and society)
- Selective (shared value, essentially the triple bottom line)
- Holistic (system value, business considered as a part of society, and society a part of the environment, transforming business to solve a key SDG challenge)
6
Q
describe difference between CSR and corporate shared value
A
CSR
- value: doing good
- citizenship, philanthropy and sustainability
- discretionary or in response to external pressure
- separate from profit maximization
- agenda is determined by external reporting and personal preferences
- impact limited by corporate footprint and CSR budget
CSV
- value: economic and societal benefits relative to cost
- joint company and community value creation
- integral to competing
- integral to profit maximization
- agenda is company specific and internally generated
- realigns the entire company budget
7
Q
example of CSR
A
fair trade purcahsing
8
Q
example of CSV
A
transforming procurement to increase quality and yield