Unit 6: Matching questions

Questions and Answers

Match the types of emissions with their definitions:

Scope 1 = Direct emissions from a company's activities Scope 2 = Emissions from purchased electricity or heat Scope 3 = Emissions traced to supply chain and consumer use Carbon Neutrality = Reducing net greenhouse gas emissions to zero

Match Amazon's responses to sustainability demands with their characteristics:

Proactive = Strategic focus and integration of priorities Reactive = Response based on external expectations Climate Neutrality Fund = Support for carbon neutrality technologies Logistics Emissions = Neglected emissions related to product use by customers

Match the scope of emissions with their challenges:

Scope 1 = Easiest to reduce Scope 2 = Increasingly manageable with renewable energy Scope 3 = Toughest to tackle due to external factors Production Emissions = Not included in Amazon's calculations

Match the implications of responses to sustainability with their aspects:

Proactive Response = Possibility of over-expenditure Reactive Response = Potential for cost savings Strategic Control = More control over sustainability efforts Reputation Risk = Large damage to reputation for reactive strategies Signup and view all the answers

Match the following statements about Amazon's practices:

Climate Neutral Aspiration = Decade ahead of Paris COP requirements External Product Emissions = Not counted in sales emissions Cloud Business = Exploits fossil fuel industry indirectly Public Data Transparency = Limited sharing of fundamental data Signup and view all the answers

Match each type of emission with the correct example:

Scope 1 = Emissions from company vehicles Scope 2 = Electricity usage in headquarters Scope 3 = Emissions from customer product use Production Emissions = Manufacturing processes not owned by the company Signup and view all the answers

Match the terms related to sustainability responses with their meanings:

Proactive Orientation = Anticipating sustainability challenges Reactive Orientation = Responding to challenges as they arise Control and Strategy = Integrating sustainability into business plan Cost-saving Opportunities = Identifying financial benefits post-reaction Signup and view all the answers

Match the following sustainability-related aspects with their classifications:

Transparency in Emissions = Critical for public trust Carbon Neutrality Fund = Investment in green technology Logistics Emissions Scope = Underrepresented in current practices Sustainable Strategy Development = Long-term planning for environmental impact Signup and view all the answers

Match the following approaches to their descriptions:

Standards based approach = Requires certain certifications from suppliers Developmental approach = Collaborative problem-solving with partners Proactive response orientation = Orientation towards sustainability Stakeholder classification = Classifying stakeholders by power and interest Signup and view all the answers

Match the following concepts with their meanings:

Power and influence = Key factors in stakeholder classification Interest = Level of concern stakeholders have Economic disadvantages = Risks of overexpansion in sustainability Value chain engagement = Importance of collaboration with stakeholders Signup and view all the answers

Match the companies to their approaches:

NIKE = Utilizes a standards based approach Coca Cola = Employs a developmental approach McDonald's = Requires adherence to minimum standards Smaller firms = May lack bargaining power Signup and view all the answers

Match the following terms with their corresponding roles:

Stakeholders = Those who can affect or are affected by an organization Industry collaborations = Efforts to standardize certifications Sustainability demands = Evolving requirements firms must predict Shared problem solving = Cooperative method to improve performance Signup and view all the answers

Match the following challenges to their descriptions:

Overexpansion of resources = Potential economic disadvantage for firms Inefficiency risk = Problem from multiple certifications in the market Minimum standards = Basic requirements for suppliers External stakeholders = Those outside the organization to engage with Signup and view all the answers

Match the approach with its key focus:

Standards based approach = Focus on supplier certifications Developmental approach = Focus on joint initiatives Proactive approach = Focus on anticipating sustainability demands Reactive approach = Focus on responding to existing issues Signup and view all the answers

Match the following terms with their effects in sustainability:

Accurate predictions = Help prevent resource overexpansion Stakeholder engagement = Essential for addressing sustainability issues Focus on right priorities = Improves sustainability efforts' effectiveness Certification standards = Help ensure compliance among suppliers Signup and view all the answers

Match the following companies with their examples of engagement:

Coca Cola = Developed new procedures collaboratively NIKE = Exercised bargaining power over suppliers McDonald's = Set minimum certification standards Smaller companies = May struggle with stakeholder relationships 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

This quiz explores the corporate strategies employed by Amazon in response to sustainability demands. It examines their initiatives, including a $2 billion fund for carbon neutrality technologies and their commitment to climate neutrality before the Paris COP timeline. The discussion also addresses the transparency issues regarding their emission data.