2.2.1: An Empirical Review of study by Fredrik Lyrstedt, on Measuring Eco-efficiency by a LCC/LCA Ratio; An Evaluation of its Applicability. A case study at ABB. 2005
The work reviewed the concept of eco-efficiency as established by the World Business Council for Sustainable Development (WBCSD), and described it as a continuous process of change in order to decrease environmental impacts in such a way that it would enhance the value of products or services.
It attempted to measure and evaluates the applicability of eco-efficiency concept with the aim of putting the eco-efficiency interpretations made by Steen (2004) into practice. The work stated two life cycle approaches towards the measurement of calculation of eco-efficiency the LCC and
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The costs categories and the principles for measuring needs to be carefully agreed upon before the assessment starts, the functional unit is typically expressed in one unit of the product. In the environmental LCC, the product or system studied are generally less complex and is described by a functional unit in accordance with ISO14040; e.g. 1m2 of floor. In contrast to the business LCC it is not used for tender decisions or controlling reasons; the method is typically applied for investigating the economic and environmental impacts caused by a product or system. The costs estimations are more simplistic than in business LCC and the prices of the product or system is usually a way of describing its costs. In the environmental LCC, a LCA is normally used for steering and may be broaden to also include costs. The societal LCC covers both the internal and external costs, further it deals with costs from more than one perspective e.g. different stakeholders i.e. industrials, peoples and authorities view. This type of LCC is closly related to the conventional LCC rather then the environmental …show more content…
The paper highlighted the several direct environmental problems and other associated issues identified to be directly connected to exploration activities. Some of the problems that were identified included a large scale of environmental pollution and degradation of agricultural lands which was seen as an income to the host community. The paper advocated for oil spills management plan, control, and clean-up of
For centuries the United States has been a beacon of hope for environmentalism, and it is imperative for our country that we preserve this identity. The Arctic National Wildlife Refuge or ANWR is in the secluded northeastern corner of Alaska and could contain large reserves of oil in the Prudhoe Bay region. The question of whether or not to drill for oil has been a controversial topic in American politics for decades, though the evidence will show that drilling for oil is a mistake for this country. This is because it will devastate and destroy the fragile environment. Additionally, drilling in Prudhoe Bay will not solve our oil problems.
Phillip Perez was incensed when he walked in the small apartment. He made his presence known by slamming the door open with an immense strength fueled by drunken rage. He has received some upsetting news that is the cause of this inappropriate entrance on this late night. His girlfriend, Melanie Krizek is flirting with another man according to a friend he was with at the club earlier. His unreasonable response to this rumor is to loudly enter the small apartment and wake the two ladies occupying the home.
1) The goals for energy vary in whether or not they are truly measurable. Some of them like 7.2, and 7.3 are in fact measurable. Both are searching for increases that are possible to document and record. 7.2 asks for a substantial increase in the share of renewable energy in the global energy mix. As long as the trend is increasing, target 7.2 is effectively succeeding.
Does one have the right to kill his or his family member (wife and children) or an unwanted relationship to just get out of one? If it seem the only way out of such relationship without it highly Impact one life? Well A highly-publicized incident is well know of one which is Peterson was convicted to the death in 2005 for the homicide of his wife, Laci Peterson, and their unborn child in California. Scott Peterson has been initiate guilty of first-degree murder in the death of his pregnant wife, Laci Peterson, and second-degree murder in the death of his unborn son Conner. The board reached a judgement in the occasion in its seventh day of discussions, because he did not want to give up his lifestyle to be tied down to a wife and baby.
While drilling, the oil can also pollute the ocean. Everyone is asking ‘Should The United States should Drill for Oil in Alaskan Wilderness?’ The best way to sort this out is by looking at the Economic factors, Environmental Factors, and Other Factors. Drilling in Alaskan wilderness would cause economic problems.
Environmental America urges citizens to reach out to the Obama Administration in saying “save our coast, no offshore drilling”. Meanwhile, smaller actions can be preformed, by holding companies personally responsible for clean up cost, which would entice them to do everything in their power to prevent future spills. Another option would be follow Federal Commissions recommendation, and undertake full environmental protection reviews at all offshore drilling locations. A lot can be accomplished to stop further risk of harming wildlife as a result of drilling. Likewise, there is a series of morally persistent reasons on why it is urgent to the health of our planet and all species that live on it.
Profitability is necessary not just for sustainability but also for expansion and growth. According to Parrino et al. (2012), profitability ratios measure management’s ability to efficiently use the firm’s assets to generate sales and manage the firm’s operations. These measurements are of interest to stockholders, creditors, and managers because they focus on the firm’s earnings. A profitability ratio is the net profit margin which is the percentage of sales remaining after all of the firm’s expenses, including interest and taxes, have been paid (Parrino et al., 2012).
The two factors that demonstrate that the traditional system may produce estimates that are different than that of the unit cost are high overheads and indirect cost
As time passes, the importance of environmental considerations is increasing more and more in the society. For projects like these, ExxonMobil must realize that they are affecting the ecosystem, air, biodiversity, human population, fodder, forests, agriculture etc. and this means a lot to Chad and
Therefore, I will examine the consequences of the oil spill and the reactions of the parties involved, such as BP, the government, the states involved, the fisheries and tourism industry and other parties affected by the oil spill. These consequences include environmental damage, litigation, cleaning costs and stricter
Environmentalists see the movie Avatar as a close depiction of our society's reality with the Alberta oil sands. James Cameron, the director of Avatar, created this blockbuster to bring awareness to a growing issue of Alberta’s oil sands. Undoubtedly, he has achieved this task as this movie shows numerous similarities, but also some differences regarding the current situation with the oil sands. Both show similarities when it comes to cultural and environmental sustainabilities. One environmental sustainabilities that both Avatar and the Alberta oil sands share is that in both situations mining companies decrease biodiversity.
The mine wastes were deposited along the 620 stretch of the river, leading to great loss of animal life and vegetation. The pollution is regarded as the most destructive environmental disaster. The main type of depletion at the mine is the loss of minerals and other natural resources such as vegetation. Compare and contrast the views of (a) an ecological ethic, (b) Blackstone's ethic of environmental rights, and (c) a utilitarian ethic of pollution control.
Alternatives and Evaluation ________________________________________ A. Selection criteria The triple bottom lines may serve as the foundation for green business, allowing firms like Patagonia to evaluate its business strategies in a more comprehensive manner, to take more stakeholders into account and can potentially contribute its sustainability. It also align with Patagonia’s business objectives including the followings: TBL Objectives of Patagonia Planet Reduce environmental harm Profits Achieve 10% sales growth People Educate the public B. Alternatives 1. Product Recycle Initiative with refined scope
Cost containment is the capacity of a system to control expenditure. This relate to sustainability
Introduction Sustainability has been mentioned as a goal of businesses. During the mid 1990s John Elkington created the triple bottom line plan under the concept of sustainability. Sustainability can be defined in many ways, but the simplest way is “Ability to sustain” (Sustainability, 2010). The triple bottom line is an accounting framework, and there are three dimensions of sustainability among them people, planet and profit (3Ps). The concept of TBL is to measure the profitable, social and environmental performance of the company.