Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Please complete the Case Study readings in the textbook forGoing Green, the Pfizer Freiburg Energy Initiative and FIJI Water and Corporate Social Responsibility, please include in your responses,...

1 answer below »
Please complete the Case Study readings in the textbook forGoing Green, the Pfizer Freiburg Energy Initiative and FIJI Water and Corporate Social Responsibility, please include in your responses, justification (research) and also respond to others.Comment on the role of corporate governance and business ethics in any of the assigned readings.
Document Preview:

Social Innovation Centre Going Green: The Pfizer Freiburg Energy Initiative (A) 03/ XXXXXXXXXX This case was written by Sam Aflaki, PhD candidate, in collaboration with Paul R. Kleindorfer, the Paul Dubrule Chaired Professor of Sustainable Development and Academic Director of the Sustainability Programme at the INSEAD Social Innovation Centre. Useful input on this project was provided by Domenic Van Planta and Andreas Osbar, MBA students at INSEAD, and by Dr. Ulrich Kaier, CEO of EC Bioenergie GmbH. The case is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 2010 INSEAD TO ORDER COPIES OF INSEAD CASES, SEE DETAILS ON THE BACK COVER. COPIES MAY NOT BE MADE WITHOUT PERMISSION.In December 2008, the Capital Budgeting Committee of Pfizer was about to consider a request to finance a portfolio of energy-related projects to be implemented at its production facility in the city of Freiburg, Germany. The Pfizer Freiburg Energy Portfolio, a set of interrelated energy conservation and carbon reduction projects prepared by the Site Energy Conservation team, had been spearheaded by Michael Becker, Director of Engineering. These introduced innovations aimed at energy efficiency and involved major technology changes in the way energy would be generated, utilised and distributed at the plant. Estimated total capital expenditure was modest, at least by the standards of ‘big pharma’, and the projected synergies were designed to shrink energy costs and the carbon footprint of the Freiburg plant. More importantly, if the process Becker had put together for identifying profitable projects was validated and replicated across Pfizer’s other facilities, it would advance corporate sustainability objectives to optimise the company’s ecological and economic impact, as well as its vision of creating a “healthier world”. Given the increasing cost...

Answered Same Day Dec 29, 2021

Solution

David answered on Dec 29 2021
116 Votes
Role of corporate governance and business ethics
Moving towards sustainability as a core value both for the public image and with the
strategic objective or increasing the flexibility to face the future dynamics of the corporate
environment. For the purpose of Go Green, Becker and Site Energy Conservation Team
(SECON) had worked with site process owners as well as external service providers to form a set
of alternative options for the facility’s energy needs and manufacturing processes in order to
increase energy and ca
on efficiency. The process he had developed over several years was
ased on four basic principles:
1. Integration of all projects into a transparent...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here