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Currently Skimming:

4 Organizational Change and the Greening of Business
Pages 61-72

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From page 61...
... One discussant considers recent legislation aimed at changing business behavior and concludes by noting the need for social scientific study of business decision making to provide a basis for more effective legislation. INTRODUCTORY COMMENTS Andrew Hoffman University of Michigan Andrew Hoffman opened the session by emphasizing the importance of business organizations for supporting policy and for implementing so 61
From page 62...
... . Several cognitive biases explain predictable surprises: 1.
From page 63...
... Political barriers to action include the dysfunctional role that special interest groups play in preventing adoption of wise legislation. In the discussion, a participant asked if there is danger of not having the big event that gets people to attend to climate change.
From page 64...
... The other is an underlying institutional infrastructure that enables individualism, including distributed shareholders, boards of directors controlled by the CEO, and compensation arrangements focused on individuals. Greenwood described the institutional context as having three components or pillars: (1)
From page 65...
... BUSINESS ACTIONS ON ENERGY EFFICIENCY Clay Nesler2 Johnson Controls, Inc. Clay Nesler spoke about the Johnson Controls Energy Efficiency Indicator (EEI)
From page 66...
... Nesler noted that when Johnson Controls does energy performance analyses for retrofitting buildings, it usually estimates 15-25 percent savings. In their project to retrofit the Empire State Building, Johnson Controls expects to save 38 percent of energy, with a 3-year incremental payback.
From page 67...
... Nesler spoke more about the Johnson Controls project to renovate the Empire State Building The building today has hundreds of tiny offices, and the company that owns it wanted to attract larger and more up-scale tenants. The management company offered the building to the Clinton Climate Initiative (CCI)
From page 68...
... De Fontaine added that when Walmart started rating its suppliers on their carbon footprints, that created a lot of change. Hoffman then asked what happens when one company diverges from the rest of its industry.
From page 69...
... There also need to be stronger building codes, appliance standards, incentives for retrofits, and renewable portfolio standards to get immediate emissions reductions. He said that the efficiency market is inelastic -- there would be little impact on the demand for energy efficiency for any carbon price under $40 per ton.
From page 70...
... WHAT YOU DON'T KNOW ABOUT HOW PROPOSED FEDERAL CLIMATE CHANGE LEGISLATION WOULD HARNESS CORPORATE AND INDIVIDUAL BEHAVIOR John Dernbach4 Widener University Law School John Dernbach began by saying that law is all about behavior. However, those who draft legislation guess about how people and organizations will respond to what they are doing.
From page 71...
... One of the key behavioral provisions is a State Energy and Environment Development Account in H.R. 2454 that would fund energy efficiency programs, such as building codes, building energy performance labeling programs, and low-income community energy efficiency programs.


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