Sustainable Business Models class 1 Introduction

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Presentation transcript:

Sustainable Business Models class 1 Introduction Lecturer: Menno de Lind van Wijngaarden

Program Class 1 Introduction Class 2 Ethical consumerism Class 3 Social Entrepreneurship Class 4 Circular Economy

Sustainable development Corporate Social Responsibility Business Ethics Level Society Business Individual Context Communities, Countries, Regions, Global Organizations Industries, small, medium to large, multinational enterprises Citizenship, Employee, Manager, Consumer Issues Environment, Populations, Effects of Globalization, Treaties, Protocols Stakeholders management, Fair trade, Chain responsibility, Code of conduct Human Behavior, Ethical decision making, do the right thing. World view. Sustainable Management is about integrating the 3 levels into sound decision making.

Funnel Theory Business needs to be innovative, stakeholder oriented, and long term oriented to find its way into the funnel. From The Natural Step www.naturalstep.org

From: https://www.kateraworth.com/doughnut/ From: Rockström, J., Steffen, W., Noone, K., Persson, |[Aring]|sa, Chapin, F. S., Lambin, E. F., … Foley, J. A. (2009). A safe operating space for humanity. Nature, 461(7263), 472–475. https://doi.org/10.1038/461472a

Proposed solution: Sustainable limits throughput Renewable resources Rate of use no greater than rate of regeneration Non-renewable resources Rate of use no greater than substitution rate of non- into renewable resource Pollutant Rate of emission no greater than rate at which it’s recycled, absorbed or rendered harmless Herman Daly, "Toward Some Operational Principles for Sustainable Development", Ecological Economics 2, 1-6 (Amsterdam) 1990 Source: Herman Daly, World Bank Economist

Assignment 1 Ecological footprint. What is it and what does it measure? How big is your footprint. Is it according to the ‘fair share’? How does it compare to others (countries footprint)? What are some strategies to lower your footprint? What could you do to lower your footprint? Ethical and sustainable thinking: Assess the consequences of ideas on the target community, society and the natural environment. Reflect on how sustainable long-term social, cultural and economic goals are.

Assignment 1 Ecological Footprint: Go to: http://wwf.panda.org/how_you_can_help/live_green/footprint_calculator/ Or http://web.stanford.edu/group/inquiry2insight/cgi-bin/i2sea-r2b/i2s.php?page=fpcalc# And do the test. What is your score in planets? What are the most important factors contributing to the ecological footprint? How does your score compare to the national average?