Business Education in Emerging Markets - Integrating Environmental Issues for Business Success. Major consumer brand owners and retailers are adding ‘ecologically-friendly’ attributes to their products and thereby building a sustainable relationship with the clients.
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MYRA Business School, Mysore Business education in emerging markets - integrating environmental issues for business success - Pavan Sukhdev
1. Business Education in Emerging Market Economies Integrating Environmental Issues for Business Success Pavan Sukhdev McCluskey Fellow 2011, Yale University Founder-CEO, GIST Advisory
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3. Towards “Green Economy” ? Source : UNEP – GREEN ECONOMY INITIATIVE “ A Green Economy can be defined as one that results in improved human well-being and social equity, while significantly reducing environmental risks and ecological scarcities.” Wealth + Jobs + Poverty -
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5. Green Economy : reduces ecological scarcities… Source : UNEP – GREEN ECONOMY INITIATIVE
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8. UNEP – GREEN ECONOMY INITIATIVE UNEP – GREEN ECONOMY INITIATIVE Source: United Nations Human Development Index Green Economy: Two Pathways Meeting the dual goals of sustainability – High human development and low ecological impact Source : WWF Living Planet Report 2006
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15. private profits less subsidies Net of public costs of restoration after 5 yrs private profits 0 10,000 US$/ha private profits 5,000 If public wealth is included, the “trade-off” choice changes completely….. $584 ha $1220 ha $9632 ha $584 ha -ve $11,172 ha $12,392 ha Source: Barbier 2007 After adding public benefits from mangroves Environmental impacts : A local example PRIVATE PROFITS PUBLIC LOSSES Shrimp Farm Mangroves
16. Adding up life cycle impacts along a global value chain….
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20. PUMA : Measuring Environmental Impacts Along the Supply Chain Source : PPR / PUMA Press Release, May 16 th 2011
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22. Estimate of Annual “Human Capital Creation” by an Indian Software and Consulting Major in 2007