Transcript Energy Usage

SUSTAINABILITY
Dr. Ron Lembke
What is “Sustainability?”
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The ability to keep doing something for the
indefinite future
If it’s not profitable, it’s not sustainable
What allows a company to survive?
 Meeting
customer demands
 Developing new products
 Keeping costs low
Treehugger Fringe
Industry Thinks it’s Important
Students Care
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Stanford MBA survey
 97%
of students say they would take lower pay for a
company with good CSR policy (Corporate Social
Responsibility)
What is “Sustainability?”
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Brundtland Commission (1987):
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“development that meets the needs of the present without
compromising the ability of future generations to meet their
needs”
ESG
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Environmental – Energy, Carbon, GHG, Water, etc.
Social
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Governance
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Corporate Social Responsibility: quality of life for employees, their families,
and the community
Labor practices, healthcare, education, diversity, safety
Ethics, responsibility, Sarb-Ox
Tyco, Enron, WorldCom
Sustainable Economic Development
Triple Bottom Line
 Environment
 What
 Society
 What
is your impact on the planet?
(People)
is your impact on people?
 Economic
 How
(Planet)
Performance (Profits)
are your profits?
Measurement
 Clearer alignment to corporate strategy
 Long-term targets, measurement systems
 Transparent reporting
Corporate America Catches On
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GE – Frank Mantero, Director
Corporate Citizenship Programs
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Wal-Mart
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Investing and Delivering in Citizenship
Audited, like financial statements
40% of value based on reputation
It’s not “giving” back – it’s a partnership
Sustainable Supply Chain
“We’re making money at this”
600% increase in carbon reporting
consulting
Corporate Reporting
Conclusions
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Companies are increasingly taking “Sustainability”
more seriously
Exactly what does that mean?
Stay tuned. More in the next talk.