eli lilly - sustainability challenge project

Greenland

Carbon Emission

Picture Taken Recently- Greenland

Team 1 Diana Wang, Jiao Cui, Panchito Daskalov, Stanley Igwedibia, Sumei Zheng, Teja Reddy Chinnam, Yan Huang

Eli Lilly and Company

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

Industry Overview

Source: http://www.genengnews.com/gen-articles/emerging-markets-turn-to-innovation/4120/

Industry Environmental Issues

High water Usage

Waste Landfill Energy

Water Pollution

Company Background

•Founded by Colonel Eli Lilly

•Year: 1876

•Publically traded company

Company Environment GoalGoal:

25%

Water Intake

Goal: 20%

Energy

Goal:

40%

Waste

Goal:

15%Gas Emission

Long-term Sustainability of Business

Profit

PeoplePlanet

Sustainable Business

Eco-Efficiency

Triple Bottom-Line

Socio-Economic

Socio-Environmental

CSR Sustainability

Eco-EfficiencyGoal:

25%

Water Intake

Goal: 15%

Energy

Goal:

40%

Waste

Goal:

15%Gas Emission

35% 74%

17% 15%

Long-term Benefits ReputationIncreased

MarketSize

Increased

Revenue Increased

ProfitMargin

Increased

Challenges

● High spending on R&D

● Green Wash

● Tracking Chemical Substances

● Long-term Benefits only

Recommendation

● Auditing/Monitoring

● Product Life Cycle Manage environmental performance

Sustainable packaging

● Global Chemical Mangement

Eli Lilly and Company

Q&A

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

Competitors

StakeholdersStakeholder

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

StakeholdersCSR Ranking