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Corporate Social Responsibility (Common resources often misallocated >…
Corporate Social Responsibility
Corporate Social Responsibility
Sustainability
Meeting the needs of the present without compromising the ability of future generations to meet their needs
Common resources often misallocated >>Possible solutions
Allocation of rights
Regulation
Moving some of the common to private property
Triple Bottom Line
Plant
Look for ways to reduce the environmental impact of operations
Carbon footprint and greenhouse gas emissions (GHG)
Profit
Social and environmental sustainability do not exist without economic sustainability
People
Design and Production for Sustainability
The 3Rs— reduce, reuse, and recycle
Product Design
Design for Disassembly
Revenue retrieval = Total resale revenue+Total recycling revenue-Total processing cost-Total disposal cost
Production Process
Reduce the amount of resources in the production process
Logistics
Reduce costs by achieving efficient route and delivery networks
Life Cycle Ownership Costs
End-of-Life Phase
Closed-loop supply chains or reverse logistics
Regulations and Industry Standards
Manufacturing and assembly activities
Disassembly and disposal of hazardous products
Product design
International Environmental Policies and Standards
International Organization for Standardization (ISO)
Performance evaluation
Labeling
Auditing
Life cycle assessment
Environmental management
European Union Emissions Trading System
“Cap-and-trade” principle
The GRI Framework
a framework [including a number of methodologies] for reporting on an organisation’s economic, environmental, and social performance.