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Business Environment Dr. Aravind Banakar –

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Presentation on theme: "Business Environment Dr. Aravind Banakar –"— Presentation transcript:

1 Business Environment Dr. Aravind Banakar 9901366442 – 9902787224

2 Business Environment CASE STUDY (20 Marks) Connex’s environmental mandate to use energy and resources wisely was achieved by implementing Prima Consulting’s Sustainability Management solution – Sustainability SCO2recard. All relevant data is collected in a centralized database which enables Connex to automatically monitor and assess its carbon emissions. The cost of carbon has been minimized at four levels: Reduced energy consumption bills. Reduced administration overheads. Compliance with NGER, EREP & GRI legislation. A reduction in the number of carbon permits that need to be purchased. Utilizing carbon management software to automate reliable, accurate reporting and financial forecasting is essential to enable organizations to understand the impacts of possible ‘what if’ scenarios.

3 It also provides an invaluable resource for the benchmarking of emission reduction initiatives over time, providing tangible results that demonstrate improvements made. Featured Organizations Connex is Australia’s largest commuter rail network which operates 331 train fleet, travelling across 15 train lines to provide 12,664 services to the people of Melbourne each week. Prima Consulting is a professional services company that specializes in Information Management. Prima Consulting provides services to major Australian organizations as well as key government departments. The Problem to be Addressed Connex has an environmental mandate to use energy and resources wisely and as such, required a framework to support an ongoing commercial strategy for the integration of Carbon Management.

4 Tracking consumption and emissions obligations under the current National Greenhouse Emission Reporting (NGER) was creating a mass of data entry, with up to 70 percent of Connex’s sustainability department’s time being spent on collating reports. Connex’s obligations include adhering to the Australian Governments greenhouse gas reporting system (OSCAR) and meeting the Victorian Government’s requirements for an Environment and Resource Efficiency Plan (EREP), whilst keeping the long term view of the Global Reporting Initiative (GRI) for Sustainability Reporting.

5 Answer the following question. Q1. How Prima Consulting’s Sustainability Management solution helped Connex in sustainability? Explain Q2. Discuss the role played by Connex in relation to NGER, OSCAR and GRI.

6 Global Study Solutions Dr. Aravind Banakar aravind.banakar@gmail.com www.mbacasestudyanswers.com 9901366442 – 9902787224


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