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By: JAIDEEP SINGH GROVER CHARANPREET KAUR
[object Object]
 Wal-Mart is going Green.
 Hollywood celebrities are eco-evangelists.
 The 2008 Olympics set the new gold standard for sustainable events.
 Religious leaders are making the environment a moral issue. GOING GREEN 11/16/2009 2 GO GREEN
[object Object]
Is there a trade off between Going Green & Profitability?
Should firms take the initiative to Go Green.DEFINING THE TOPIC 11/16/2009 3 GO GREEN
[object Object]
Triple Bottom Line
Corporate Social ResponsibilityGOING GREEN
Humanity has the ability to make development sustainable--to ensure that it meets the needs of the present without compromising the ability of future generations to meet their own needs. SUSTAINABLE BUSINESS
[object Object]
People
PlanetTRIPLE BOTTOM LINE
[object Object]
Social contract argument.
Environment ethic. OBLIGATIONS TO GO GREEN 11/16/2009 7 GO GREEN
[object Object],Firms are obliged only to the stockholders  ,[object Object],Firms have obligations to any person who is affected by a firm’s actions  STOCK HOLDER VS. STAKE HOLDER  11/16/2009 8 GO GREEN
[object Object]
More realistic description of how firms operate - managers are not only concerned with stockholders.
Right thing to do because it corrects environmental problems caused by business. STAKEHOLDERS’ ARGUMENTS  11/16/2009 9 GO GREEN
[object Object]
Society expects that firms engage in socially acceptable practices in return for “allowing” them to conduct business activities.
Firms who do not use power (in ways that society deems responsible) will tend to lose it. SOCIAL CONTRACT  11/16/2009 10 GO GREEN
GREEN IS ENTERING SOCIAL CONTRACT  ,[object Object]
Singapore aims to be carbon trading hub (worth US$25b in 2006) in Asia (CNA 17 Nov 07)
FORTUNE 500 CEOs, including GE’s Jeff Immelt and Wal-Mart’s Lee Scott have initiated going green (Fortune 2 Apr 2007) 11/16/2009 11 GO GREEN
[object Object]
Aims To stabilize greenhouse gas concentration level such that it will not harm the climate  ,[object Object]
Includes provisional updates (Protocols) Kyoto Protocol  Legally binding  United Nations Framework Convention on Climate Change (UNFCCC)  11/16/2009 12 GO GREEN
CONTROL OF VEHICULAR EMISSIONS ,[object Object]
Comply Euro VI emission standard
Lower CO 2 and particulate matter
Impact
Taxi companies
Bus companies
Alternatives for Taxi and Bus Companies      Natural gas CNG vehicles 11/16/2009 13 GO GREEN
11/16/2009 14 GO GREEN
[object Object]

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Going green final

  • 1. By: JAIDEEP SINGH GROVER CHARANPREET KAUR
  • 2.
  • 3. Wal-Mart is going Green.
  • 4. Hollywood celebrities are eco-evangelists.
  • 5. The 2008 Olympics set the new gold standard for sustainable events.
  • 6. Religious leaders are making the environment a moral issue. GOING GREEN 11/16/2009 2 GO GREEN
  • 7.
  • 8. Is there a trade off between Going Green & Profitability?
  • 9. Should firms take the initiative to Go Green.DEFINING THE TOPIC 11/16/2009 3 GO GREEN
  • 10.
  • 13. Humanity has the ability to make development sustainable--to ensure that it meets the needs of the present without compromising the ability of future generations to meet their own needs. SUSTAINABLE BUSINESS
  • 14.
  • 17.
  • 19. Environment ethic. OBLIGATIONS TO GO GREEN 11/16/2009 7 GO GREEN
  • 20.
  • 21.
  • 22. More realistic description of how firms operate - managers are not only concerned with stockholders.
  • 23. Right thing to do because it corrects environmental problems caused by business. STAKEHOLDERS’ ARGUMENTS 11/16/2009 9 GO GREEN
  • 24.
  • 25. Society expects that firms engage in socially acceptable practices in return for “allowing” them to conduct business activities.
  • 26. Firms who do not use power (in ways that society deems responsible) will tend to lose it. SOCIAL CONTRACT 11/16/2009 10 GO GREEN
  • 27.
  • 28. Singapore aims to be carbon trading hub (worth US$25b in 2006) in Asia (CNA 17 Nov 07)
  • 29. FORTUNE 500 CEOs, including GE’s Jeff Immelt and Wal-Mart’s Lee Scott have initiated going green (Fortune 2 Apr 2007) 11/16/2009 11 GO GREEN
  • 30.
  • 31.
  • 32. Includes provisional updates (Protocols) Kyoto Protocol Legally binding United Nations Framework Convention on Climate Change (UNFCCC) 11/16/2009 12 GO GREEN
  • 33.
  • 34. Comply Euro VI emission standard
  • 35. Lower CO 2 and particulate matter
  • 39. Alternatives for Taxi and Bus Companies Natural gas CNG vehicles 11/16/2009 13 GO GREEN
  • 41.
  • 42. All things being equal, firms which are green will have easier access to capital
  • 48. The Royal Bank of Scotland
  • 49. Share prices of greener firms command higher premiums. (Harvard Business School Review) WALL STREET & GREEN 11/16/2009 15 GO GREEN
  • 50.
  • 51.   ONGC is the first company to achieve zero-flaring in Offshore.
  • 52. Adopted an eco-friendly process for de-sludging crude-oil storage tanks
  • 53. On expanding green cover, maintaining biodiversity apart from creating aesthetically satisfying environment are key objectives of the company.
  • 54.  ONGC has developed a corporate mission statement on being carbon neutral, one of the few energy majors so far.
  • 55. ONGC has formalized its corporate policy on Climate change and sustainability, the only PSU in India to have done so.11/16/2009 16 GO GREEN
  • 56.
  • 57. Treated effluent water recycling and re-use and rain water harvesting
  • 58. Re-circulating sea cooling tower systems instead of once through sea cooling water system thereby minimizing the sea cooling requirement and effluent discharge to the sea.
  • 59. Minimize / eliminate fugitive emissions
  • 60. Improvement in Energy Efficiency of the Refinery & distribution operation by use of new technology & modern instrumentation.BPCL BPCL 11/16/2009 17 GO GREEN
  • 61.
  • 62. The company has constructed Rain Water Harvesting structures within the factory premises to collect rain water and recharge back into the aquifer below ground level.
  • 63. Zero waste water discharge company
  • 64. Company has its own captive power plants to meet its power requirements .The major fuel used for power generation is natural gas.
  • 65. The company promotes 3 R (Reduce, Reuse and Recycle) in its manufacturing facilities, supply chain and logistic operations11/16/2009 18 GO GREEN
  • 66.
  • 67. Farm forestry project cover 90000 hectares .
  • 68. ITC’s paper & paper product gets readymade material from carbon sequestration, which creates rural jobs.
  • 69. ITC office in Gurgaon is LEED certified at highest level of energy efficiency.
  • 70. ITC hotels use energy-efficient compact fluorescent lamps.ITC 11/16/2009 19 GO GREEN
  • 71. ITC sonar in Kolkata is world’s first carbon positive five star hotel. Its green initiative extends to rain water harvesting, recycling of waste and effluent. Contd…… 11/16/2009 20 GO GREEN
  • 72.
  • 73. Aims to minimize the environmental impact of its products throughout all its operations.
  • 74. First mobile handset manufacturer which had Eco declarations available for its products as early as 2001.
  • 75. All devices use as little energy as possible, sourcing 25% of its energy from renewable resources and aiming to increase that amount to 50% by 2011.NOKIA 11/16/2009 21 GO GREEN
  • 76.
  • 77. To design the world’s first manned airplane powered by a fuel cell.
  • 78. Remained a technology and aerospace leader as well as a responsible corporate citizen through its commitment to sustainability and innovation.AEROSPACE (BOEING) 11/16/2009 22 GO GREEN
  • 79.
  • 80. Claim to minimize the environmental impact through various efforts including solutions that allow for CO2 free energy generation for transmitting energy from environmentally friendly sources.
  • 81. One of the largest supporter of nuclear energy.
  • 82. Continues to support the construction of new reactorsAREVA 11/16/2009 23 GO GREEN
  • 83.
  • 84. Committed to offering products and services worldwide that help customers save money, conserve energy and improve the quality of environment.
  • 85. Needs to eliminate e-waste and initialize some more recycling initiatives such as voluntary take-back program like the one NOKIA has in place.HEWLETT PACKARD 11/16/2009 24 GO GREEN
  • 86.
  • 87. First international cosmetic brand to be awarded the Humane Cosmetics Standard for their Against Animal Testing Policy.
  • 88. Has their own fair trade program called Community Trade, making it the only cosmetics company with such a far-reaching commitment to trading fairly.THE BODY SHOP 11/16/2009 25 GO GREEN
  • 89.
  • 90. To encourage sustainability of the world’s fisheries, forests and farmlands, by slashing energy use and reduce waste.
  • 91. Claims “they will reduce solid waste from U.S stores by 25% within 3 years”.
  • 92. Cut energy use at its more than 7,000 stores worldwide by 30% and cut greenhouse gas emissions at existing stores by 20% in seven years.WAL-MART 11/16/2009 26 GO GREEN
  • 93.
  • 94.
  • 95. In the manufacturing area production plants are being made sustainable by employing natural energy sources such as solar and wind power, and through ecological preservation by planting greenery around production sitesTOYOTA MOTOR CORPORATION 11/16/2009 28 GO GREEN
  • 96.
  • 97. Toyota is also engaging in social contribution, establishing the Corporate Citizenship Division to reinforce activities and functions, conducting educational programs to raise the awareness of global warming issues.TOYOTA MOTOR CORPORATION 11/16/2009 29 GO GREEN
  • 98.
  • 99. GM is responding to environmental pressures to remain profitable, as it still largely engages in producing gas-consuming SUV’s and even maintains its attempts to increase the new fuel economy standards put on vehicles
  • 100. Toyota beat General Motors in 2008 and became the global leader in vehicle sales which proved that designing a sustainability strategy has a triple bottom line effect, i.e. profit, community and environment 11/16/2009 30 GO GREEN
  • 101.
  • 102. Badarpur Thermal Power station of NTPC in Delhi is devising ways to utilize coal-ash that has been a major source of air and water pollution.
  • 103. New Delhi, In 2002, a directive was issued to completely adopt CNG in all public transport systems to curb pollution.11/16/2009 31 GO GREEN
  • 104.
  • 105. Google has been criticized for claiming its data centers are extremely energy efficient, while refusing to publish any figures on this topic because such information could aid its competitors.
  • 106. Many food products have packaging that evokes an environmentally friendly imagery even though there has been no attempt made at lowering the environmental impact of its production.11/16/2009 32 GO GREEN
  • 107.
  • 108. The Poland Spring ecoshape bottle is touted as "A little natural does a lot of good", although 80% of beverage containers go to the landfill.
  • 109. The Airbus A380 airliner is described as "A better environment inside and out" even though air travel has a high negative environment cost. 11/16/2009 33 GO GREEN
  • 110.
  • 111. • That equals 804 million tons of carbon dioxide. And you thought cars were big polluters.
  • 112. • It costs businesses $66 billion.ENERGY EFFICIENCY – WHY IS IT IMPORTANT 11/16/2009 34 GO GREEN
  • 113. Energy Efficiency Efficiency - Turning Things Off Digital Thermostat • Use a programmable thermostat to make sure heating is turned down after hours. This can save $570, around 10% a year on heating and cooling energy.1 4.5 tons That means ~$100/yr. and 3/4 of a ton of CO2 CO2 Motion Sensors in Conference Rooms saved • Can save ~$100/yr. and 3/4 of a ton of CO2 each Lighting Policy • An office of 20 people that leaves a quarter of its lights on at night can save ~$340 and 2 1/2 TONS of CO2 by turning these off Computers, printers, etc. • Turn off computers, printers, etc where and when you can Source: 1. U.S. Department of Energy 11/16/2009 35 GO GREEN
  • 114. Energy Efficiency Efficiency - Lighting The future, LED lighting 11/16/2009 36 GO GREEN
  • 115. ENERGY EFFICIENCY COOL ROOFING ENERGY STAR™ compliant roofing materials with high emissivity can reduce peak cooling demand by 10-15%• This also reduces urban ‘heat islands’. The heat island effect can raise temperatures 2-10° F in urban areas.For each degree the temperature rises above 70 in L.A., 3% more smog is created.2 Source: 1. Energystar.gov; 2. U.S. Green Building Council 11/16/2009 37 GO GREEN
  • 116. Energy Efficiency Tree shading • The shade from a mature tree correctly positioned to shade the building can reduce cooling costs by 20-40%. One of the benefits of deciduous trees (trees that lose their leaves in the autumn) is that they allow sunlight to reach and warm the building during winter. • Could save $400 and 3 tons of CO2 per year 11/16/2009 38 GO GREEN
  • 117. Energy Efficiency Renewable Energy •Vestas Wind Systems has more than 30,000 wind turbines generating electricity globally and its high-tech systems are 80 per cent recyclable. It also sources 68 per cent of its energy requirements from renewable sources 11/16/2009 39 GO GREEN
  • 118.
  • 119. Uses 43% less energy - Uses 46% less water - Reduces solid waste up to 49% 11/16/2009 40 GO GREEN