Novartis: Demonstrating Leadership through Emissions Reductions
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Authors
Mathews, Helen
Author (Corporation)
Publication date
01.11.2008
Typ of student thesis
Course of study
Collections
Type
04A - Book part
Editors
Sullivan, Rory
Editor (Corporation)
Supervisor
Parent work
Corporate Responses to Climate Change. Achieving Emissions Reductions through Regulation. Self-Regulation and Economic Incentives
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
220-234
Patent number
Publisher / Publishing institution
Greenleaf Publishing
Place of publication / Event location
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
This chapter analyses the reasons for Novartiss voluntary commitment to significantly reduce its greenhouse gas emissions. It explores firstly the background to the corporate feeling of a moral imperative to reduce emissions. The wide range of internal measures taken to achieve the reduction target are then discussed, along with the challenges of implementing them in a decentralised firm. These internal measures include energy efficiency improvements, raising employees energy awareness and transitioning to a cleaner car fleet. As internal emission reductions are projected to be insufficient to achieve the target in the given time-frame, investments have also been made in external emission reduction projects. The chapter concludes that the implementation of the voluntary target may have increased shareholder value by lowering employee turnover, improving reputation, lowering exposure to future costs of carbon and lowering the cost of capital. Improvements in data capture systems are required to accurately quantify these effects.
Keywords
Subject (DDC)
330 - Wirtschaft
650 - Management
650 - Management
Event
Exhibition start date
Exhibition end date
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Date of the last check
ISBN
978-1-906093-08-2
ISSN
Language
English
Created during FHNW affiliation
Unknown
Strategic action fields FHNW
Publication status
Published
Review
No peer review
Open access category
License
Citation
MATHEWS, Helen und Claus-Heinrich DAUB, 2008. Novartis: Demonstrating Leadership through Emissions Reductions. In: Rory SULLIVAN (Hrsg.), Corporate Responses to Climate Change. Achieving Emissions Reductions through Regulation. Self-Regulation and Economic Incentives. Greenleaf Publishing. S. 220–234. ISBN 978-1-906093-08-2. Verfügbar unter: https://doi.org/10.26041/fhnw-2838