YU Environmental Sustainability of Princess Yachts 4th Industrial Revolution Discussion

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Princess Yachts (Plymouth,England) You are required to Evaluate their Environmental Sustainability of Princess Yachts practices against theory and best practice by: Identifying at least 3 course concepts that can be used to evaluate the management of your company’s environmental sustainability practices. Illustrate these course concepts using contemporary examples (these examples can be linked to ANY company – i.e. not just your chosen company) and critically evaluate the chosen course concepts.Evaluating the management of your company’s environmental sustainability practices using the course concepts that you have identified. You are to research the company using secondary sources and to make justified conclusions and recommendations based on the issues evaluated. The report should be approximately 2,000 words in length and must involve a review of academic theory on the issues covered

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ASSESSMENT CRITERIA: Part 1
1) Environmental Sustainability Theoretical Review
 Environmental sustainability course concepts that can be used to evaluate
the organisational Environmental sustainability practices
 Contemporary examples provided to illustrate points
 Degree of critical evaluation

Number and quality of references used
2) Evaluation of organisation’s Environmental Sustainability practices
 Consideration of the strategic relevance of environmental sustainability to
the organisation and potential impact on the organisation’s brand and
competitive situation.
 Audit and critical evaluation of current practices using course concepts
identified in the theoretical review
 Identification of potential practices linked to theory review
3) Conclusions/Recommendations
Justified conclusions with respect to:

The strategic relevance of Environmental sustainability to the
organisation

The organisation’s Environmental sustainability practices.
Well thought through recommendations with respect to the organisation’s
Environmental sustainability practices
4) Business Report Format
Executive summary
Does this cover:

What are the purpose/objectives of the report?


How well were the objectives achieved?
What conclusions did you draw wrt. the objectives of the assignment?
Introduction
Does this cover:

What are the purpose/objectives of the report? Why are these important?
(i.e. why should the reader bother to read the report?)



Scope of report (what the report will cover)
Methodology used to get information
Some Background on the company and the issues
Other Business Report Formatting

Front Cover?



Table of Contents?
Reference List at the End?
Written in 3rd person and no slang?
5) Report Presentation

Well expressed + grammar/spelling (10%)

Well presented. Good “Readability (e.g. use of short paragraphs and
sentences + use of headings and diagrams or tables)

Referencing done within essay and supported by reference list at end

Within word limit
Princess Yachts (Plymouth,England)
You are required to Evaluate their Environmental Sustainability of Princess Yachts practices
against theory and best practice by:
•
Identifying at least 3 course concepts that can be used to evaluate the management
of your company’s environmental sustainability practices. Illustrate these course
concepts using contemporary examples (these examples can be linked to ANY
company – i.e. not just your chosen company) and critically evaluate the chosen
course concepts.
•
Evaluating the management of your company’s environmental sustainability practices
using the course concepts that you have identified.
You are to research the company using secondary sources and to make justified
conclusions and recommendations based on the issues evaluated.
The report should be approximately 2,000 words in length and must involve a review of
academic theory on the issues covered
List of Course Concepts covered in Class
Concept
Meaning & Application
1. Technological
innovation
Develop new technologies to produce energy, food, and other
necessities of human life more efficiently and with less waste.
Also happy for students to consider this where companies are
using innovative technologies although they did not themselves
develop them.
2. Changing patterns Individuals and organizations concerned about environmental
of consumption
impact could decide to consume less or choose less harmful
products and services
3. Voluntary Codes of Some of the leading voluntary universal codes include the
Environmental
following:
Conduct
• Business Charter for Sustainable Development – developed by
the International Chamber of Commerce
• CERES Principles – developed by the Coalition for
Environmentally Responsible Economies
• ISO 14000 – a series of voluntary standards developed by the
ISO, an international group based in Switzerland
• The Greenhouse Gas Protocol – to help businesses measure
and manage their greenhouse gas emissions
4. Life cycle analysis
5. Industrial ecology
6. Extended product
responsibility
7. Carbon neutrality
8. Technology
cooperation
There are others for particular sectors and students should be
rewarded as having unearthed this by research if they list an
alternative
Involves collecting information on the lifelong environmental
impact of a product, from extraction of raw material to
manufacturing to its distribution, use, and ultimate disposal
Refers to designing factories and distribution systems as if they
were self-contained ecosystems. Here the waste stream of one
process is used as the input for another process, e.g. waste is
used as an input for a waste-to-energy power plant.
Note that if it is waste food that is sent for use as animal feed this
is not industrial ecology as there is no processing
happening…instead, this is more like reuse, a concept linked to
the circular economy
Occurs when companies take continuing responsibility for the
environmental impact of the products and services, even after
they are sold.
For example, electric car manufacturers are leasing the batteries
sold with the cars so that they have control and responsibility for
these
An organization or individual produces net zero emission of
greenhouse gases; this is usually accomplished by a combination
of renewable energies, energy efficiencies and carbon offsets.
Sustainable development through long-term partnerships between
companies (usually but not necessarily in developed and
developing countries) to transfer environmental technologies
9. Stages of
Corporate
Environmental
Responsibility
Five Stages:
1. Compliance with Regulations Only
2. Pollution prevention (Focuses on minimizing or eliminating
waste before it is created)
3. Product Stewardship (Managers focus on all environmental
impacts associated with the full life-cycle of a product)
4. Clean Technology (Businesses develop innovative, new
technologies that support sustainability)
5. Ecologically Sustainable (Companies that operate consistently
with all principles of sustainable development).
10. & 11:
Environmental
Auditing and
Reporting
Can be used to classify an organisation’s environmental
sustainability practices.
A way for leading companies to track their progress toward
meeting sustainability goals.
•
•
12. Environmental
Partnerships
13. Circular Economy
14. Hierarchy of
Waste (Circular
Economy)
15. Resolve
Framework (Circular
Economy)
10. Integrated Reporting: More recently, many firms have
moved to integrate their social and environmental reporting
into a single sustainability report.
11. Triple bottom line reporting: occurs when companies
report to stakeholders not just their financial results but also
their environmental and social impacts
Draw on the unique strengths of the different partners to improve
environmental quality or conserve resources
Reusing inorganic Waste rather than sending to landfill. Returning
organic waste back to soil nutrients.
Five Steps:
1. Rethink and Redesign
2. Reduce
3. Reuse
4. Recycle
5. Dispose
Six Parts:
1. Regenerate
2. Share
3. Optimise
4. Loop
5. Virtualise
6. Exchange

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Tags:
Environmental Sustainability

4th Industrial Revolution

Princess Yachts 4th

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