Eco Friendly Electric Car PowerPoint Templates (2).pptx

1,326 views 75 slides Jan 19, 2024
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About This Presentation

The presentation is about electric car sector


Slide Content

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Introduction 01 Background 02 Brief Literature Review 03 Analysis & Findings 04 Contents Outline Strategy 05 Conclusion 06 References 07

Introduction About JLR, Sustainability Initiatives & Suppliers

Company Overview 1 Global Powerhouse Jaguar Land Rover (JLR) stands as a leading manufacturer of luxury cars and SUVs, employing over 40,000 individuals across 30 countries. 2 Iconic Portfolio JLR boasts two distinct brands, each captivating a unique segment of the luxury car marke 3 Performance Renowned for its sleek design, exhilarating performance, and sophisticated driving experience, Jaguar caters to the urbanite seeking unparalleled luxury and dynamism. 4 Global Reach JLR's production facilities are strategically located in the UK, China, Slovakia, and Brazil, ensuring efficient manufacturing and distribution to meet diverse customer demands across the globe.

Current Sustainability & Ethical Initiatives Comprehensive Sustainability Journey: Emphasize JLR's proactive approach to sustainability, moving beyond simply complying with regulations. EV Leadership: Highlight the development and launch of electric models like the I-PACE and Evoque PHEV, showcasing JLR's dedication to electrifying its future. Circular Economy Principles: Explain how JLR implements closed-loop material management and resource efficiency through programs like aluminum recycling. Community Partnerships and Ethical Practices: Underscore JLR's commitment to social responsibility through community engagement and a focus on diversity and inclusion.

Suppliers JLR recognizes that its sustainability journey cannot be achieved alone. The company collaborates with a global network of over 1,000 suppliers , spanning diverse industries like battery manufacturing , material sourcing, and technology development. 1. Global Supplier Network  JLR fosters a culture of sustainability throughout its supply chain. The company sets clear expectations for its suppliers regarding responsible sourcing, ethical labor practices, and environmental impact reduction. 2. Embedded Sustainability Expectations JLR recognizes the potential for innovation through collaboration with its suppliers. The company actively seeks partnerships with suppliers developing cutting-edge technologies like lightweight materials or efficient battery systems, aiming to accelerate its own sustainability efforts . 3. Innovation Through Collaboration JLR demonstrates transparency in its supplier relationships by publishing a supplier code of conduct and sustainability reports. The company holds itself and its suppliers accountable for achieving shared sustainability goals. 4. Transparency and Accountability

Background Challenges, Industry Competition and Importance of Sustainability for JLR

Sustainability for JLR A B The global landscape is grappling with unprecedented environmental challenges, from climate change and resource scarcity to pollution and biodiversity loss. These issues pose significant threats to human well-being, economic prosperity, and the very future of our planet. The Urgency of Sustainability For JLR, sustainability is not simply a compliance obligation or a competitive differentiator. It represents a fundamental shift in responsibility towards a more sustainable future. Embracing sustainability is essential for ensuring JLR's long-term success and preserving the natural resources that underpin its operations. Beyond Compliance, Beyond Competition

CARBON NET ZERO BY 2039 CIRCULAR ECONOMY BIODIVERSITY & NATURE REDUCED INEQUALITIES EDUCATION, LIVELIHOODS & SKILLS SUPPORTING THE VULNERABLE CLIMATE CHANGE, CIRCULARITY & BIODIVERSITY Doing business responsibly and with integrity PROACTIVE ESG RISK MANAGEMENT TRANSPARENT REPORTING CLEAR STANDARDS & POLICIES THE CHALLENGE THE IMPACT OF OUR INDUSTRY 50 billion tonnes of greenhouse gases are emitted each year (measured in co2e – carbon dioxide equivalents) by human activities The global road transport sector is responsible for 11.9% of those 50 billion tonnes of greenhouse gas emissions.  Road transport emissions come from the burning of petrol and diesel 60% of our sector’s emissions come from passenger travel (cars, motorcycles and buses); and the remaining 40% from road freight (lorries and trucks) In addition, as a business we contribute to other emissions by the purchase of goods and services, such as iron and steel, shipping. JLR 35.1MT CO2e annual 0.1% Global Emissions New Zealand / Slovakia 11 M UK Households 3.34 Billion Trees

Internal Drivers 1 2 3 The scarcity of critical resources like lithium and aluminum poses supply chain challenges and price volatility. Adopting circular economy principles, like closed-loop material sourcing and responsible recycling, can secure reliable access to resources and mitigate risks. Resource Scarcity Rising fuel costs and tightening emission regulations pose significant financial risks for JLR. By investing in electric vehicles and sustainable manufacturing practices, JLR can reduce its operational costs and ensure compliance with future regulations. Economics Pressures In an increasingly environmentally conscious market, a poor sustainability record can damage JLR's brand reputation and alienate consumers. Conversely, leading the way in sustainable luxury can attract new customers and strengthen brand loyalty. Brand Reputation and Consumer Preferences

External Drivers 1 2 3 Stringent emission regulations and increasing government support for electric vehicles are shaping the automotive industry's future. JLR must adapt to this changing landscape to remain competitive and avoid market Regulatory Landscape The urgency of addressing climate change and environmental degradation is undeniable. JLR's contribution to greenhouse gas emissions necessitates proactive action towards reducing its environmental footprint. Climate Change & Environmental Concerns Socially responsible investors and environmentally conscious employees are increasingly demanding sustainable practices from companies they invest in or work for. JLR's commitment to sustainability can attract talent and secure investments. Investor & Employee Expectations

Why Sustainability? Securing the Future Enhancing Brand Image Unlocking New Markets By embracing sustainability, JLR can future-proof its business by complying with regulations, minimizing environmental impact, and attracting investors and talent who value responsible practices. Sustainability can be a powerful differentiator for JLR, attracting environmentally conscious consumers and solidifying its position as a leader in responsible luxury. JLR's commitment to sustainability can open doors to new markets with stricter environmental regulations and growing demand for sustainable luxury products.

Literature Review Barriers to Sustainability, Relevance to JLR

Eco Friendly Electric Energy Literature  Review JLR's sustainability journey, like any ambitious endeavor, is not without its roadblocks. Understanding the key barriers to achieving sustainability is crucial for developing effective strategies and navigating this complex landscape. Consumer Affordability While demand for sustainable vehicles is growing, cost concerns can still affect consumer uptake (Heine & Shonberger , 2021). Ensuring affordability of sustainable JLR models will be crucial for widespread adoption. High Upfront Costs Transitioning to sustainable technologies like electric vehicles and renewable energy can be expensive (Seidel et al., 2021). This can pose a financial challenge for JLR, particularly in the short term Lack of Financial Incentives Government policies and subsidies can incentivize businesses to invest in sustainable practices (Chen et al., 2022). Limited financial incentives in certain regions could potentially hinder JLR's sustainability efforts.

Technological Roadblocks – Innovation and Infrastructure Transitioning to a sustainable future requires a workforce equipped with specialized skills and knowledge (World Economic Forum, 2020). Bridging the gap in JLR's workforce might require training programs and talent acquisition strategies. Skill Gap in Green Workforce 03 Some critical technologies for sustainable automotive development, like long-range batteries and efficient recycling processes, are still under development (Leising et al., 2022). This can limit JLR's options and increase reliance on existing, less sustainable solutions. Limited Clean Technologies 01 Widespread adoption of electric vehicles hinges on the availability of reliable charging infrastructure (Alberti et al., 2020). Limited infrastructure in certain regions could impede JLR's electric vehicle sales and overall sustainability goals. Lack of Charging Infrastructure 02

Behavioral and Perception Hurdles – Shifting Mindsets and Habits Consumer Skepticism and Green Washing Concerns Some consumers may remain skeptical of companies' sustainability claims or perceive them as greenwashing (Bhattacharya et al., 2011). JLR needs to build trust and demonstrate genuine commitment to sustainable practices. Change Resistance Within the Organization Internal resistance to change can impede the implementation of sustainability initiatives (Hoffman, 2011). Engaging employees and fostering a culture of sustainability within JLR is crucial. Lack of Awareness and Education Limited public awareness about sustainability issues and the benefits of eco-friendly choices can hinder consumer adoption of sustainable JLR models. Educational initiatives can play a key role in addressing this.

Sustainability Concerns at JLR Affordability Commitments Resistance Internal resistance to change within the organization could impede JLR's transition to sustainable practices (Hoffman, 2011). Engaging employees in the sustainability journey, offering training programs on new technologies and processes, and incentivizing sustainable behaviors can help overcome this barrier. Consumer skepticism towards luxury brands' commitment to sustainability is a potential hurdle (Bhattacharya et al., 2011). JLR needs to go beyond claims and showcase its genuine efforts through transparency, partnerships with environmental organizations, and measurable impact reports. JLR's high-end brand image and premium price point may create affordability concerns for some consumers seeking sustainable vehicles, even with increasing demand (Heine & Shonberger , 2021). Addressing this through innovative financing options and highlighting the long-term cost benefits of electric vehicles can be crucial.

01 02 03 Learning from the Landscape By recognizing and understanding the key barriers to sustainability, JLR can equip itself with the knowledge and foresight to navigate the complex path towards a greener future. Strategic Solutions, Sustainable Success Addressing JLR's specific challenges through innovative financial models, technological advancements, consumer education, and internal cultural transformation will pave the way for long-term sustainable success. A Journey of Collaboration Embracing collaboration with stakeholders, including consumers, suppliers, and policymakers, can create a collective force for driving positive change and accelerating JLR's sustainability journey. How Sustainability?

Analysis & Findings Strategic Objectives, Actionable Initiatives, Implementation Timeline, Performance Metrics

What is Circular Economy? Supports CO 2 e reduction Waste avoidance Security of supply Compliance / legislation Commercial opportunity Sustainability leadership Take Make Dispose RESOURCE EXTRACTION DISTRIBUTION WASTE CONSUMPTION PRODUCTION Reuse Repurpose Remake Recycle Circular Business Model Linear Business Model

JLR Circular Econom y Overview JLR has made significant strides in its sustainability journey, implementing various initiatives across its operations and product lifecycle. However, a critical analysis is crucial to assess the alignment of these efforts with circular economy principles. Embracing a Green Future JLR demonstrates strong potential for circularity through its focus on electric vehicles, aluminum recycling, and partnerships with battery manufacturers. These initiatives can be further leveraged to close resource loops and minimize waste. Strengths and Opportunities While JLR shows promising steps, certain aspects of its strategy could benefit from greater circularity integration. Exploring end-of-life vehicle management, adopting closed-loop material sourcing for non-metallic components, and promoting service-based models present valuable opportunities for advancement. Areas for Improvement Sustainability Strategy – A Critical Look Transitioning from linear to circular business models represents a transformative shift for JLR. Implementing models like vehicle subscription services, component remanufacturing, and take-back programs can unlock significant resource recovery and value creation opportunities. Beyond Products, Towards System Circular business models offer distinct advantages for both JLR and its customers. Subscription services provide flexibility and reduced upfront costs, while take-back programs can incentivize responsible end-of-life management. Consumer Engagement and Value Embracing circular models requires continuous innovation and collaboration. JLR can partner with research institutions, recycling companies, and technology providers to develop efficient closed-loop processes and unlock new business opportunities. Innovation and Collaboration Circular Business Models

JLR Adoption of Circular Economy

JLR Adoption of Circular Economy

JLR Adoption of Circular Economy

Outline Strategy Strategic Objectives, Actionable Initiatives, Implementation Timeline, Performance Metrics

Strategic Objectives Reduce carbon footprint by 50% by 2030 JLR's commitment to sustainability can open doors to new markets with stricter environmental regulations and growing demand for sustainable luxury products. Transition to 100% electric vehicles by 2035 This objective tackles the reliance on fossil fuels and positions JLR as a leader in sustainable mobility. Implement a closed-loop material lifecycle for all key components by 2040 This ambitious goal aims to minimize waste and maximize resource efficiency, embracing circular economy principles. Foster a culture of sustainability within JLR This objective recognizes the importance of employee engagement and behavioral change in achieving long-term success. 100% Electric Vehicles Reduce Carbon Footprint by 50%  Closed Loop Material Life-Cycle Culture of Sustainability 01 02 03 04

Actionable Initiatives Transparency and accountability through regular sustainability reports: Building trust and demonstrating progress is key to maintaining stakeholder support. Transparency and Accountability Employee training and education programs on sustainability: Fostering knowledge and engagement among employees is crucial for cultural transformation. Training and Education Partnerships with suppliers committed to sustainable practices: Collaboration throughout the supply chain is essential for achieving circularity. Partnership for Sustainable Practices Development of long-range, affordable electric vehicles: Addressing range anxiety and affordability concerns is crucial for wider EV adoption. Development of Affordable Electric Vehicles Establishment of a robust battery recycling program: This aligns with the closed-loop material lifecycle goal and minimizes environmental impact. Robust Battery Recycling Investment in renewable energy sources for production facilities: This reduces reliance on fossil fuels and minimizes operational emissions. Investment in Renewable Energy 06 05 04 03 02 01

Implementation Timeline Mid-Term Accelerate the transition to electric vehicles, expand the closed-loop material lifecycle for key components, and intensify employee engagement programs. Short-Term Focus on prioritizing investments in renewable energy sources, initiating battery recycling programs, and launching new electric vehicle models. 2024-2025 2026-2030 2031-2040 Long-Term Achieve the ambitious goal of 100% electric vehicles and a fully closed-loop material lifecycle, continuously refine and innovate sustainable practices.

Performance Metrics Reduction in Carbon Footprint Tracking progress towards the 50% reduction goal by monitoring emissions from operations and supply chain. Employee Engagement & Satisfaction Conducting surveys and assess participation in programs to gauge cultural change. EVs Sales and Market Share Monitor the adoption rate of electric vehicles and JLR's position in the market. Usage of Recycled Material Tracking the progress towards achieving a closed-loop material lifecycle for key components. Public Perception on Sustainability Monitor media coverage and consumer sentiment to measure the impact of transparency initiatives.

Stakeholder Engagement Engagement Engage with investors and financial institutions: Highlight the financial benefits of sustainability and attract investment for green initiatives. Partnership Partner with environmental organizations and NGOs: Share knowledge, resources, and expertise to accelerate collective impact. Collaboration Collaborate with policymakers and regulators: Advocate for supportive policies and regulations that promote sustainable practices in the automotive industry. Empowerment Educate and empower consumers: Provide clear information about JLR's sustainability efforts and encourage responsible purchasing decisions.

Conclusion & Recommendation

Findings & Recommendations Investment Circular Service Management Collaboration Prioritizing the development of closed-loop material sourcing and recycling systems across all vehicle components is crucial for minimizing virgin material use and waste generation. Investing in Closed Loops Implementing subscription services, pay-per-use models, and extended warranties can create greater customer value while aligning with the principles of circular economy. Circular Service-based Models Establishing efficient take-back programs and exploring opportunities for component remanufacturing and refurbishment can extend the life cycles of JLR's vehicles and maximize resource recovery. Rethinking End-of-Life Management JLR should actively engage with stakeholders, including suppliers, consumers, and policymakers, to promote transparency and knowledge sharing on its circularity journey. Transparency and Collaboration

Justification for Recommendations 1 2 3 4 The strategy prioritizes initiatives that address JLR's identified barriers, such as high upfront costs of sustainable technologies and consumer skepticism. Addressing Key Barriers The emphasis on closed-loop materials, resource efficiency, and collaboration throughout the value chain aligns with circular economy principles. Circular Economy Principles Embracing sustainability can enhance JLR's brand image, attract environmentally conscious consumers, and drive innovation in the automotive industry. Competitive Advantage Investing in sustainable practices not only benefits the environment but also ensures JLR's long-term financial and operational resilience. Long-Term Success

Why Sustainability? Securing the Future Enhancing Brand Image Unlocking New Markets By embracing sustainability, JLR can future-proof its business by complying with regulations, minimizing environmental impact, and attracting investors and talent who value responsible practices. Sustainability can be a powerful differentiator for JLR, attracting environmentally conscious consumers and solidifying its position as a leader in responsible luxury. JLR's commitment to sustainability can open doors to new markets with stricter environmental regulations and growing demand for sustainable luxury products.

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The Urgency of Sustainability The global landscape is grappling with unprecedented environmental challenges, from climate change and resource scarcity to pollution and biodiversity loss. These issues pose significant threats to human well-being, economic prosperity, and the very future of our planet. Beyond Compliance, Beyond Competition For JLR, sustainability is not simply a compliance obligation or a competitive differentiator. It represents a fundamental shift in responsibility towards a more sustainable future. Embracing sustainability is essential for ensuring JLR's long-term success and preserving the natural resources that underpin its operations. Sustainability for Jaguar Land Rover

The Urgency of Sustainability The global landscape is grappling with unprecedented environmental challenges, from climate change and resource scarcity to pollution and biodiversity loss. These issues pose significant threats to human well-being, economic prosperity, and the very future of our planet. Beyond Compliance, Beyond Competition For JLR, sustainability is not simply a compliance obligation or a competitive differentiator. It represents a fundamental shift in responsibility towards a more sustainable future. Embracing sustainability is essential for ensuring JLR's long-term success and preserving the natural resources that underpin its operations. Sustainability for Jaguar Land Rover

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