Unit 6: Mixed questions

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Questions and Answers

What amount has Amazon established as a fund to support carbon neutrality technologies?

$2 billion (correct)

$1 billion

$4 billion

$3 billion

Amazon includes all its logistics-related emissions in its scope 3 calculations.

False

What are the three scopes of emissions identified?

Scope 1, Scope 2, Scope 3

Scope 1 emissions are the easiest to reduce because they result directly from the company's _______.

activities Signup and view all the answers

Which type of emissions is considered the toughest to address?

Scope 3 Signup and view all the answers

Proactive responses to sustainability allow for more strategic control.

True Signup and view all the answers

Match the type of response orientation with its characteristic:

Proactive = Possibility of over-expenditure Reactive = Possibility of cost savings but large reputation damage Signup and view all the answers

What is the primary benefit of a proactive approach towards sustainability?

Better targeting of sustainability efforts Signup and view all the answers

Amazon's cloud business sales indirectly support the fossil fuel industry to explore, drill, and extract _______.

oil and gas Signup and view all the answers

Companies should not engage stakeholders when addressing sustainability issues.

False Signup and view all the answers

What are the two criteria for classifying stakeholders?

Power and influence, Interest Signup and view all the answers

The _________ approach involves requiring suppliers to meet certain certifications.

standards based Signup and view all the answers

Match the following companies with their approach towards supply chain engagement:

Nike = Standards based approach Coca Cola = Developmental approach McDonalds = Standards based approach Various companies = Developmental approach Signup and view all the answers

What is a risk associated with having multiple certifications in the market?

Inefficiency due to confusion Signup and view all the answers

Collaboratively engaging in shared problem solving can lead to improved performance.

True Signup and view all the answers

What is the goal of accurately predicting sustainability demands?

To avoid overexpanding resources and focus on the right priorities Signup and view all the answers

Study Notes

Amazon and Corporate Sustainability

Many stakeholders advocate for taxation on companies based on climate emissions.
Amazon established a $2 billion fund to support technologies for carbon neutrality.
Amazon aims to achieve climate neutrality a decade ahead of the Paris Agreement requirements.
Lack of transparency exists as Amazon does not disclose complete emissions data.
Amazon reports relative emissions rather than absolute figures, masking underlying issues.
Emissions calculations are contentious; production emissions from external products are counted in sales but excluded from direct emissions.
Significant logistics-related emissions (Scope 3) are not fully accounted, including those from consumer product use.
Scope 1 emissions are the simplest to mitigate, stemming directly from company operations.
Scope 2 emissions arise from purchased electricity and can be addressed through renewable energy procurement.
Scope 3 emissions are the most challenging, linked to the supply chain and customer usage.
Amazon's cloud services support fossil fuel companies, indirectly facilitating oil and gas extraction.

Corporate Response Orientations

Companies can adopt proactive or reactive strategies towards sustainability.

Proactive Approach

Greater control and strategic integration of sustainability into corporate priorities.
Risks of over-expenditure but potential for comprehensive sustainability goals.
Encourages proactive prediction of future sustainability demands to optimize resource allocation.

Reactive Approach

Companies respond to external expectations rather than shaping their own sustainability goals.
Opportunity for cost savings exists, but reputation may suffer from lack of proactive measures.
Reactive strategies allow for targeted efforts in response to minimum compliance requirements.

Importance of Stakeholder Engagement

Identifying relevant stakeholders is essential for effective communication.
Stakeholders must be classified based on their power, influence, and interest in sustainability demands.

Approaches to Supply Chain Engagement

Standards-Based Approach: Organizations set minimum certification standards for suppliers, feasible only with sufficient bargaining power (e.g., NIKE, McDonald's).
- Industry collaboration is encouraged to mitigate inefficiencies from multiple certifications.
Developmental Approach: Businesses engage collaboratively with partners to solve problems and enhance performance.
- Example: Coca-Cola focused on developing new procedures and incentives instead of punitive measures against partners.

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Description

Test your knowledge on Amazon's efforts towards corporate sustainability and climate neutrality. This quiz covers various aspects including emissions transparency, funding for carbon neutrality technologies, and challenges related to different scopes of emissions. Challenge yourself with questions that delve into the complexities of corporate environmental responsibility.