The document discusses environmental entrepreneurship and ecopreneurship, including their key pillars of innovation, caring for the environment, and long term sustainability. It provides examples of green businesses and opportunities for aspiring ecopreneurs in areas like clean energy, sustainable agriculture, composting and recycling. The document also discusses servitization business models and sustainable infrastructure development, including green building standards and certifications.
The document discusses environmental entrepreneurship and ecopreneurship, including their key pillars of innovation, caring for the environment, and long term sustainability. It provides examples of green businesses and opportunities for aspiring ecopreneurs in areas like clean energy, sustainable agriculture, composting and recycling. The document also discusses servitization business models and sustainable infrastructure development, including green building standards and certifications.
The document discusses environmental entrepreneurship and ecopreneurship, including their key pillars of innovation, caring for the environment, and long term sustainability. It provides examples of green businesses and opportunities for aspiring ecopreneurs in areas like clean energy, sustainable agriculture, composting and recycling. The document also discusses servitization business models and sustainable infrastructure development, including green building standards and certifications.
The document discusses environmental entrepreneurship and ecopreneurship, including their key pillars of innovation, caring for the environment, and long term sustainability. It provides examples of green businesses and opportunities for aspiring ecopreneurs in areas like clean energy, sustainable agriculture, composting and recycling. The document also discusses servitization business models and sustainable infrastructure development, including green building standards and certifications.
Ecopreneurship or Eco–Capitalism Berle’s (1991) Book – “The Green Entrepreneur” Creates businesses that solve environmental problems to operate sustainably
Three pillars of Ecopreneurship
• Innovation – Product, Process and Business model • Caring for environment • Long term sustainability of the business – extraction, production and consumption Ecopreneurship
• Innovative technology • Bio-mimicry – Product design • Systems thinking • Triple bottom line accounting • Legal forms Theory of Constraints TOC – Drum Buffer Rope approach Lean Management Principles Examples of biomimicry Ecopreneurship Examples - Green Business • RePack – Deposit scheme for online retailers • Banana Pinger – Device used in fishing nets • Solmove – Electricity from roads • City tree – Green city solutions • Wetell – Sustainable mobile network provider City Tree Opportunities for an aspiring ecopreneur • Clean energy (First Solar, Tesla, Vestas) • Sustainable agriculture (Lake-o-Lakes, Freight farms) • Compost and food waste recycling (Recycled city, Compost lab, Replate) • Bio-degradable, reusable and eco-friendly consumer products (7th Generation, Great wrap, Living ink, Yay for Earth) • Eco-friendly shipping, distribution and packaging (Eco enclose, DHL, Tesla) • Consulting and advisory (Wood Mackezie, Rodale Institute, Sustainable Ocean Alliance) • Finance and startup development (Generation Investment Management, Echoing Green, Green Business Bureau) Freight Farms SERVICIZATION • Business Strategy that sells the functionality of the products rather than the product itself Ex: Installation of washing machine in a residential building • Manufactures takes more responsibility for a product throughout its life cycle – More durable products • Offering of customer focused combination of goods, services, continuous performance maintenance, hardware/software upgrades whenever required Advantages of servicizing model • Customers less likely change their suppliers • Services offsets declining product element • Attract new customers – environmental friendly products and services Challenges faced in servicizing model • Changing business model – cultural shift • Resistance to change – both supplier and customer • Customers’ work pattern and assumptions at operational level Sustainable Infrastructure • UNEP - To achieve SDG by 2030 and net zero emissions by 2050, Organization for Economic Corporation and Development (OECD) – $6.9 trillion/yr until 2050 • Sustainability Infrastructure Partnership (SIP) was launched in 2018 as a platform to promote and support integrated approaches to sustainable infrastructure planning and development Renewable energy projects Sustainable transportation Waste and water management Smart grids Green Building Green Buildings – Buildings - Direct and Indirect Impact on environment like raw materials, energy and water consumption and Indoor environment quality – Mitigated through sustainable design - green building standards, certifications, and rating systems Goals of building certification • Provide a way to quantify a building's environmental effects • Set standards and benchmarks to assess buildings objectively • Optimize building performance and minimize environmental impacts BREEAM rating levels and LEED rating levels and points percentage scores required LEED for Building Design and Construction (LEED BD+C) LEED for Interior Design and Construction (LEED ID+C) LEED for Operations and Maintenance (LEED O+M)
Building a Strong Foundation: Pioneering Advances in Architecture and Civil Engineering for the Future (Foundations for the Future: Advances in architecture and civil engineering 2)
Building a Strong Foundation: Pioneering Advances in Architecture and Civil Engineering for the Future (Foundations for the Future: Advances in architecture and civil engineering 2)
