ECONOMICS AND THE

WORLD TODAY
1

UNIT 9
 Discussion topic
2

Discuss in groups how our economy affects due to the changes in global
economy. What changes it has brought over the years, including both
positive and negative impacts.
 PROMOTING CORPORATE
ENVIRONMENT AND SOCIAL
RESPONSIBILITY
3

UNIT 10
 Corporate Environment And Social Responsibility
4

Corporate social responsibility, often abbreviated "CSR," is

a corporation’s initiatives to assess and take responsibility for the
company's effects on environmental and social wellbeing

Corporate social responsibility (CSR) refers to business practices involving

initiatives that benefit society.

The term generally applies to efforts that go beyond what may be

required by regulators or environmental protection groups.
 Clean Tech green business revolution
5

Clean tech, also referred to as clean technology has emerged as an

umbrella term encompassing the investment asset class, technology,
and business sectors which include clean energy, environmental,
and sustainable or green, products and services.
Cleantech was popularized in large part through the work of Nick
Parker and Keith Raab, founders of the Cleantech Venture Network
(now Cleantech Group) from 2002 onwards.
It has grown to define a business sector that includes significant and
high growth industries such as solar, wind, water purification,
and biofuels.
 Clean Tech green business revolution
6

Cleantech is new technology and related business models offering

competitive returns for investors and customers while providing
solutions to global challenges.
Cleantech represents a diverse range of products, services, and processes,
all intended to:
 Provide superior performance at lower costs, while
 Greatly reducing or eliminating negative ecological impact, at the same time as
 Improving the productive and responsible use of natural resources.
 Clean Tech green business revolution
7

Cleantech spans many industry verticals and is defined by the following

eleven segments:
Energy Generation
Energy Storage
Energy Infrastructure
Energy Efficiency
Transportation
Water & Wastewater
Air & Environment
Materials
Manufacturing/Industrial
Agriculture
Recycling & Waste.
 Measuring carbon footprints
8

A carbon footprint measures the total greenhouse gas emissions caused

directly and indirectly by a person, organisation, event or product
A carbon footprint is measured in tonnes of carbondioxide
equivalent (tCO2e).
CO2e is calculated by multiplying the emissions of each of the six
greenhouse gases by its 100 year global warming potential (GWP).
A carbon footprint considers all six of the Kyoto Protocol greenhouse
gases: Carbon dioxide (CO2), Methane (CH4), Nitrous oxide
(N2O), Hydrofluorocarbons (HFCs), Perfluorocarbons
(PFCs) and Sulphur hexafluoride (SF6).

Avid College, Lecturer: Zaheena Rasheed

 Measuring carbon footprints
9

Types of carbon foot printing

The main types of carbon footprint for organisations are:
Organisational
Emissions from all the activities across an organisation, including buildings' energy use,
industrial processes and company vehicles.
Value chain
Includes emissions which are outside an organisation's own operations. This represents
emissions from both suppliers and consumers, including all use and end of life emissions.
Product
Emissions over the whole life of a product or service, from the extraction of raw materials
and manufacturing right through to its use and final reuse, recycling or disposal.

Avid College, Lecturer: Zaheena Rasheed

 Measuring carbon footprints
10

Types of carbon footprinting

The main types of carbon footprint for organisations are:
Organisational
Emissions from all the activities across an organisation, including buildings' energy use,
industrial processes and company vehicles.
Value chain
Includes emissions which are outside an organisation's own operations. This represents
emissions from both suppliers and consumers, including all use and end of life emissions.
Product
Emissions over the whole life of a product or service, from the extraction of raw materials
and manufacturing right through to its use and final reuse, recycling or disposal.

Avid College, Lecturer: Zaheena Rasheed