Sustainability and Wicked Problems Quiz

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Questions and Answers

What is a hallmark of a simple or tame problem?

It requires multiple algorithms to solve.

There is a clear Stopping Rule indicating completion. (correct)

It often leads to unintended consequences.

It can be addressed by a collaborative approach.

Which of the following pillars do John O'Shea's works impact?

Pillars 2, 4, and 16

Pillars 1, 2, and 16 (correct)

Pillars 1, 3, and 5

Pillars 7, 8, and 9

Which of the following best describes ESG?

Environmental, Sustainable, and Governance

Environmental, Social, and Governance (correct)

Economic, Social, and Governance

Ethical, Social, and Governance

What percentage of products are estimated to be part of the circular economy?

8% Signup and view all the answers

What is a characteristic of wicked problems?

They often involve multiple stakeholders and complexities. Signup and view all the answers

What does circular recycling aim to improve compared to linear recycling?

Retaining the value of materials for longer Signup and view all the answers

What does the concept of 'the business of business is no longer just business' imply?

Businesses have a responsibility towards society and the environment. Signup and view all the answers

Which month has recently become the fourth consecutive month to break global temperature records?

September Signup and view all the answers

What is the primary focus of John O'Shea's organization, GOAL?

Addressing humanitarian crises Signup and view all the answers

What percentage of inputs in products or services are estimated to be waste?

94% Signup and view all the answers

What part of the business ecosystem does the environment not rely on?

Business Signup and view all the answers

Which of the following is a characteristic of wicked problems?

They are complex and interconnected. Signup and view all the answers

What does circular recycling aim to address compared to linear recycling?

Minimizing waste and maximizing resource use Signup and view all the answers

Which figure represents intangible assets making up a significant part of firm value?

80% Signup and view all the answers

Which of the following issues is NOT typically associated with wicked problems?

Simple tax calculations Signup and view all the answers

What significant global event occurred four days ago before the lecture?

Hurricane Milton Signup and view all the answers

Study Notes

Lecture 3: Understanding ESG

Course: Vevox ENI 1009
Topic: ESG (Environmental, Social, Governance)

Introducing John O'Shea

Role: Renowned humanitarian, activist, and hero
Organization: Founder of GOAL
Work: GOAL's work predates the SDGs but impacts pillars 1, 2, 4, and 16.

Introducing Sibéal Bird

Role: Global Sustainability Lead for Kerry Group
Education: Graduate of Maynooth University and Smurfit College
Background: MSc Business & Management, Maynooth University, Sustainability Lead

Sustainability Jobs in Ireland

Number of jobs: Over 400 job postings
Locations: Dublin, Cork, Kildare, and more
Job examples: Sustainability Executive, Group Environmental/Sustainability Manager, Senior Sustainability Consultant / LEED AP
Additional details: Job specifications, company names, and locations for various roles

Energy Management Auditor Job

Company: Amtivo Group Ltd
Location: Ireland
Type: Full-time
Salary: €600-€750 a day

Hurricane Milton

Location: Florida
Date: 4 days prior (relative time)
Impact: Flooding was shown

Climate Actions Work

Source: National website of Ireland (gov.ie)
Topic: Climate change and actions taken

UN Climate Change Conference Baku

Dates: November 11-22, 2024
Location: Baku

Introduction

Topic: Introduction to lesson content

Brundtland Report (Our Common Future)

Year: 1987
Concept: Development that meets the needs of the present without compromising the ability of future generations to meet their own needs

September 2023 Extreme Heat Month

Record: September 2023 was the most extreme month for heat ever recorded
Location: Global

September Global Temperature Records

Frequency: September has smashed global temperature records for the fourth month in a row

Global Coverage of Climate Crisis

Newspapers: Major newspapers cover global climate crisis, it is inevitable, and irreversible
Issue: The crisis is covered by headlines of many newspapers

Code Red for Humanity

Topic: A crisis regarding climate change

Sky News Report on Climate Concerns

Visuals: Displays global temperature levels and percentages

Wicked Problems & Design Thinking

Topic: Overview of Wicked Problems and Design Thinking (Presentation slide title)

Simple Problems

Definition: A problem that can be solved by choosing and applying the correct algorithm

Wicked Problems

Characteristics: No stopping rule, no single right answer, solutions change the problem itself
Source: Buchanan (1992), in presentation notes discussing Wicked Problem types

Natural Disasters

Specific events: Examples shown include fire, flooding, coastal storms, city storms, extreme rainfall in China

Drought

Description: Visual of a drought-ridden cornfield

Hunger

Description: Group of starving children

Conflict

Visual: A visual depicting conflict

Poverty

Description: Image portraying poverty

Global Weather Mega-Disasters (1980-2021)

Cost: Costing $20+ billion
Source: Data from NOAA (U.S.) and EM-DAT (non-U.S.)

Grief

Description: Image of a funeral procession

Trust

Description: Image showing a dial adjusting to reflect the concept of trust, potentially referring to trust in ESG measures

ESG and CSR

Meaning: Environmental, Social, Governance
Context: Introduction to a topic regarding or encompassing Environmental, Social, Governance

EU Green Deal

Description: Topic related to the European Union's environmental efforts
Content: Introduction to a topic encompassing Environmental Policy

Description: Report on corporate sustainability and reporting, potentially related to or including Environmental, Social, Governance aspects

Mandatory ESG Reporting in the EU

Context: Introducing legislation mandating environmental, social, and governance reporting (ESG) in the European Union

CSRD (Corporate Sustainability Reporting Directive)

Timeframe: Ruling of European Commission till 2024
Scope: Companies with 250+ employees, total balance of 20 million, and/or revenue of 40 million are impacted

CSRD Scope, Content, Format, and Audit

Scope: 11,600 companies (listed firms, banks, and insurance companies with over 500 employees)
Content: Basic disclosure of environmental, social, and governance (ESG) information
Format: Non-interoperable data are non-standardized
Format: Interoperable data are standardized
Audit: Non-mandatory (no external audit required)
Audit: mandatory for relevant companies/entities

Reporting Standards (GRI, ISO, etc.)

Organizations: Various organizations including GRI, DNK, ISO, ILO, OECD, and more
Scope: These various organizations have reporting standards that are involved within reporting in companies and countries

Timeline for CSRD Implementation

Dates: Timeline showing key dates for the implementation of the CSRD (Corporate Sustainability Reporting Directive).
Stages: Stages of draft standards, announcements, agreements, and implementation by various entities

EU Actions / EU Green Deal Summary

Focus: Initiatives related to sustainability

Sustainability Strategy/Roadmap

Components: Introduction, Vision & Goals, Gap Analysis, Actions, Stakeholder Engagement, Monitoring & Evaluation, and Conclusion.
Principles: Align with global frameworks and scientific standards(SMART approach)

Sustainability Strategy/Roadmap Vision & Goals Examples

Examples: Tesla, Patagonia, IKEA, Starbucks, Coca-Cola, and the Walt Disney Company.

Topic: A gap analysis, potentially related to expectations vs. what is achievable in social targets/expectations.
Framework: A framework for change

Linking aspects of Sustainability Efforts

Aspects: Treaties, lifestyle changes, and innovations/technologies

Social Dynamics: Descriptions about Concepts of Fatalism, Hierarchy, Individualism, Egalitarianism and Group, within the context of social structures.

Can Nature Help?

Context: Potential for utilizing nature in solving sustainability issues

Tools for Nature/Sustainability

Tool: Biomimicry
Description: Using nature as a model for creating solutions

Innovation examples

Concepts: Velcro, as an example of innovation based on nature, and possible other examples not listed

Getting to Net Zero

Description: Topic/concept of reaching/achieving net zero targets.

Studying That Suits You

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Description

Test your knowledge on contemporary issues surrounding sustainability, circular economy, and wicked problems. This quiz covers various aspects of environmental governance, including John O'Shea's contributions and recent climate data. Challenge yourself to understand the evolving definition of business in today's context.