eli lilly - sustainability challenge project
TRANSCRIPT
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Greenland
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Carbon Emission
Picture Taken Recently- Greenland
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Team 1 Diana Wang, Jiao Cui, Panchito Daskalov, Stanley Igwedibia, Sumei Zheng, Teja Reddy Chinnam, Yan Huang
Eli Lilly and Company
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Industry Overview
● Worth US$300 billion a year
● Profit margin of 18%
● Huge cost on developing R&D
Source: http://www.bbc.com/news/business-28212223
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Industry Overview
Source: http://www.genengnews.com/gen-articles/emerging-markets-turn-to-innovation/4120/
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Industry Environmental Issues
High water Usage
Waste Landfill Energy
Water Pollution
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Company Background
•Founded by Colonel Eli Lilly
•Year: 1876
•Publically traded company
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Company Environment GoalGoal:
25%
Water Intake
Goal: 20%
Energy
Goal:
40%
Waste
Goal:
15%Gas Emission
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Long-term Sustainability of Business
Profit
PeoplePlanet
Sustainable Business
Eco-Efficiency
Triple Bottom-Line
Socio-Economic
Socio-Environmental
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CSR Sustainability
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Eco-EfficiencyGoal:
25%
Water Intake
Goal: 15%
Energy
Goal:
40%
Waste
Goal:
15%Gas Emission
35% 74%
17% 15%
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Long-term Benefits ReputationIncreased
MarketSize
Increased
Revenue Increased
ProfitMargin
Increased
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Challenges
● High spending on R&D
● Green Wash
● Tracking Chemical Substances
● Long-term Benefits only
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Recommendation
● Auditing/Monitoring
● Product Life Cycle Manage environmental performance
Sustainable packaging
● Global Chemical Mangement
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Eli Lilly and Company
Q&A
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Reference
http://www.bbc.com/news/business-28212223
http://www.lilly.com/Responsibility/environmental-sustainability/P
ages/environmental-
sustainability.aspx
http://www.lilly.com/Documents/Lilly_2012_2013_CRreport.pdf
http://www.lilly.com/Responsibility/operating-responsibly/environ
mental-stewardship/Pages/sustainability-
goals.aspx
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Competitors
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StakeholdersStakeholder
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Balance Scorecard
Society
And
Environment
Society and EnvironmentObjective
sMeasures Target Initiatives
Water intake
Water usage
5% Reduce water generation per unit of production
waste to landfill
The amount of waste produced
20% Developing sustainable packaging practices
Energy Energy intensity per square foot
15% Using green chemistry
Gas emission
Greenhouse gas emissions intensity
20% Improve energy efficiency
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StakeholdersCSR Ranking
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