Stephen Vincent 2015 Corporate Sustainability Assessment 1 Final

2015 THE PARADIGM SHIFTSUSTAINABILITY: THE TASTE OF A NEW GENERATION

By Stephen Vincent

Sustainability

“The concept that new development must meet the needs of the present without compromising those of the future…Measured in three interdependent dimensions…the society, the environment, and economically…people, planet and profit.” – (Fisk, 2010. p. 203.)

“Sustainability includes some of the greatest challenges of the present age… These are social and economic challenges…ecological ones… These are challenges…for business [and] wider society…” – (Blowfield, 2013. p. 23.)

Sources: Blowfield, (2013), Fisk, (2010).

Sustainability – The great challenge of our time

“…human actions are depleting the Earth’s natural capital to the extent we can no longer take for granter its ability to sustain future generations” – (Blowfield, 2013. p. 11-12).

Source: Blowfield, (2013).

Resource-constrained society

Sources: Blowfield, (2013), Fisk, (2010), Tang and Yeoh, (2007).

“A RCE wherein nature is treated as a finite resource…has important implications for the way we live and…organise society.” – (Blowfield, 2013. p. 34).

1. Innovation 2. Political Will 3. Consumer Pressure

Climate change - Low carbon society

Sources: Blowfield, (2013), Fisk, (2010), Tang and Yeoh, (2007).

1. Standard of living interrelated to energy consumption

2. US $30-40 Billion per year in insurance claims

3. Loss of 1.6% of Global GDP p/a

4. Climate change is a key driver of global change

“…the biggest challenge our civilisation faces….”– (Gore, 2014).

Water and food stress

Sources: Blowfield, (2013), Fisk, (2010).

“Freshwater shortages are a looming threat at a global level.”– (Blowfield, 2013. p. 45).

“The food challenge…is…to produce sufficient food in ways that do not have reprisals for other sustainability challenges…”– (Blowfield, 2013. p. 47).

1. Coca-Cola extracts 309 billion litres of water p/a

2. Glaciers which provide fresh water are disappearing

1. Deforestation for agriculture

2. 36 million deaths p/a from hunger

Who me???

Source: Cowspiracy, (2014).

Silly Cow

Industrial/ Consumer waste

Sources: Lawrence and Webber (2008), DEFRA (2014).

“The United States produces…five pounds of [solid waste] per person, per day.” (Lawrence and Webber, 2008. p. 256).

4. Great Pacific Garbage Patch

1. UK Commercial waste 48 millions tones p/a

2. UK Household waste 20 millions tones p/a

3. 5% of landfill comprised of e-waste

Poverty

Sources: International Monetary Fund (2014), World Bank (2014), Barnardo’s (2015)

“…global society is highly inequitable…about half of the world living in extreme poverty.”– (Blowfield, 2013. p. 49).

1. 2.2 Billion living on less than US $2 p/day

2. Widening wealth gap: The top 1% vs the 99%

3. UK 1.6 Million children living in severe poverty

4. 2.5 Times more likely to suffer chronic illness

Has the paradigm shifted?

The Five Capitals – (Blowfield, 2013. p. 29)

“…a ‘sustainable organization’ is one that maintains-and, where possible, enhances-these stocks of capital assets.” – (Blowfield, 2013. p. 29)

1. Sustainability now at the core of business strategy

2. CSR and the Triple Bottom Line

3. International political consensus growing

4. Innovative start up companies meeting the challenge

5. Ethical consumers

Sources: Webber (2008), DEFRA (2014), Blowfield (2013), Tang and Yeoh (2007), Fisk (2010).

Fossil fuels = Dinosaur business

1. Renewable Energy Source

2. Environmentally Responsible

3. Improves Communities

4. Protects Water Supply

5. Long-Term Business Model

“Fracking is the process of drilling down into the earth before a high-pressure water mixture is directed at the rock to release the gas inside. Water, sand and chemicals are injected into the rock at high pressure which allows the gas to flow out to the head of the well.” – Shukman (2013)

Sources: Tang and Yeoh, (2007), Shukman (2013), Fox, (2010)

Audience Participation Time

DANGER! POSSIBLE LEARNING AHEAD!For Your Own Safety Please

Remain Seated

Citizen Interface

“In leading Interface forward, founder Ray Anderson often likened achieving sustainability to climbing a mountain higher than Mt. Everest. With this in mind, we’ve laid out a path designed to achieve sustainability on seven ambitious fronts, and help us reach our Mission Zero goal by 2020.” – (Interface Global, 2014)

1. Eliminate Waste 2. Benign Emissions 3. Renewable Energy

4. Closing the Loop 5. Resource-efficient Transportation

6. Sensitising Stakeholders 7. Redesign Commerce

“Just The Facts’ is our campaign to see through the ‘greenwash’ and achieve full product transparency from all manufacturers” – (Interface Global, 2014)

Source: Interface (2015).

Enviro-Gym Flux 2014

“…business-led solutions to achieve social aims, and the reinvestment of surplus for community benefit.” – (Blowfield, 2013. p. 102)

Source: Blowfield, (2013).

• Not for Profit Organisation (NPO)

• No shareholders, only stakeholders

• Cooperative

• Social enterprise

Enviro-Gym FLUX 2014Turning man made kinetic energy into electricity

• Exercise bikes, treadmills and cross trainers can generate up to 100w per hour each

• 30% less electricity to run

• Resistance machines are self-powering with an energy surplus

• BPF Financial incentives to regenerate derelict buildings/sites and environmentally orientated businesses

Sources: Yilmaz (2013), BPF (2007)

“To empower communities by generating spirit as well as green energy. Healthy you, healthy community.” – (Enviro-Gym: Mission Statement, 2014)

Generating powerful communities

• City & Guilds offers hundreds of vocational courses

1. Hospitality and Catering 2. Sports and Recreation

Sources: City & Guilds (2014), Public Health England (2012), Paton (2013), NHS (2015), Cracknell (2010).

• Childhood obesity/ poverty

1. 28% of children aged 2-15 overweight or obese

2. School sports budgets cut

• Elderly health and social interaction

1. 51% of over 75s live alone 2. 10 Million over 65s in the UK

3. 1/7th of public expenditure for retirees.

3. Adverse affects on education and health

Reflection

• Sustainable?

• A game changer?• Not going to save the world• Highlights how a conventional business model can

adapt with ease

• Improvements?

1. Social capital 2. Human capital

3. Manufactured capital 4. Natural capitalThe Five Capitals – (Blowfield, 2013. p. 29)

5. Financial capital

Source: Blowfield, (2013).

Reference listBarnardo’s (2015). Child Poverty Statistics and Facts. [Online] Available at: http://www.barnardos.org.uk/what_we_do/our_work/child_poverty/child_poverty_what_is_poverty/child_poverty_statistics_facts.htm (Accessed: 12 Jan 2015).British Property Federation. (2007). Funding Regeneration: A Guide to Public Sector Grants. [Online] Available at: http://www.bpf.org.uk/en/files/bpf_documents/regeneration/Funding_regeneration_-_a_guide_to_public_sector_grants.pdf (Accessed: 08 Jan 2015).Blowfield, M. (2013). Business and Sustainability. Oxford. Oxford University Press.Cowspiracy (2014). Cowspiracy. [Online] Available at: http://www.cowspiracy.com/facts/ (Accessed: 22 Jan 2015).City & Guilds. (2014). What we Offer Employers. [Online] Available at: http://www.cityandguilds.com/what-we-offer/employers (Accessed: 08 Jan 2015).Cracknell, R. (2010). The Aging Population. [Online] Available at: http://www.parliament.uk/documents/commons/lib/research/key_issues/Key-Issues-The-ageing-population2007.pdf (Accessed: 12 Jan 2015).Department for Environment, Food & Rural Affairs (2014). UK Statistics on Waste – 2010 to 2012. [Online] Available at: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/363004/UK_Statistical_release_FINALv4_10_10_2014.pdf (Accessed: 11 Jan 2015).Fisk, P. (2010. People, Planet, Profit: How to Embrace Sustainability for Innovation and Business Growth. London. Kogan page.Interface. (2014). Mission Zero. [Online] Available at: http://www.interfaceflor.co.uk/web/sustainability/mission_zero (Accessed: 07 Jan 2015).Fox, J. (2010) Gasland. New Video Group. USA. NHS (2015). Loneliness in Older People. [Online] Available at: http://www.nhs.uk/livewell/women60-plus/pages/loneliness-in-older-people.aspx (Accessed: 10 Jan 2015).Paton, G. (2013). Blow to Olympic Legacy as ‘Schools are Forced to Cut Sport. [Online] Available at: http://www.telegraph.co.uk/education/educationnews/10062338/Blow-to-Olympic-legacy-as-schools-are-forced-to-cut-sport.html (Accessed: 11 Jan 2015).Public Health Engand (2012). Child Obesity. [Online] Available at: http://www.noo.org.uk/NOO_about_obesity/child_obesity (Accessed: 11 Jan 2015).Tang, K. Yeoh, R. (2007). Cut Carbon, Grow Profits: Managing: Strategies for Managing Climate Change and Sustainability. London. Middlesex University Press.Shukman, D. (2013). What is Fracking and Why is it Controversial? [Online] Available at: http://www.bbc.co.uk/news/uk-14432401 (Accessed: 11 Jan 2015).World Bank (2014). Poverty Overview. [Online] Available at: http://www.worldbank.org/en/topic/poverty/overview (Accessed: 12 Jan 2015).Yilmaz, K. (2013) UK Gym Converts Workout Energy into Building Power. [Online] Available at: http://www.forumforthefuture.org/greenfutures/articles/uk-gym-converts-workout-energy-building-power (Accessed: 08 Jan 2015).

Where does the road lead?

https://www.youtube.com/watch?v=nV04zyfLyN4