Subject category:
Ethics and Social Responsibility
Published in:
2024
Length: 13 pages
Data source: Field research
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Abstract
The question of how service companies should deal with decarbonization haunts every sustainability class, from undergraduate to executive. International regulations have outlined a pathway, through 'push-&-pull' mechanisms (such as the 'cap-and-trade' set by European Emission Trading system), that is applicable for manufacturing firms - the ones where Greenhouse Gas (GHG) emissions are clearly traceable, at least in their direct form, to chimney emissions. But what if you don't have a chimney? Coopservice is one such case: a cooperative company with over half of its activities involving facility cleaning and 'soft' services. Coopservice handles the cleanliness, hygiene and healthiness of workplaces, hospitals and health facilities, schools, and many other meeting places. On the basis of standard financial metrics, the business has grown steadily in recent years (eg, the total production growth ranges between 4 and 8%, year over year and the company is constantly hiring new employees, 3% year over year). The company has already begun its sustainability transition by structuring its sustainability reporting and developing Scope 1 emission (see Appendix 2) registration. However, a stronger effort to pursue carbon neutrality may represent a competitive advantage that could ensure a stronger position in the market. But how to pursue carbon neutrality? Where to focus first? How should the firm reasonably prioritize possible actions and thereby derive a roadmap? These are the basic questions to answer when delineating a company's decarbonization strategy. Students are called to provide structured answers about the critical elements that support these decisions, as well as the Key Performance Indicators (KPIs).
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2022.Geographical setting
Region:
Europe
Country:
Italy
Location:
Reggio Emilia
Featured company
Coopservice
Employees:
10000+
Turnover:
EUR 691,000,000
Type:
Partnership
Industry:
Service
Other keywords:
Cleaning; Security service
Featured protagonists
- Sabrina Zaunelli (female), Consultant
- Luca Baracchi (male), CEO
- Giulia Castelletti (female), Sustainability Manager
- Giorgio Zucchi (male), Facility Manager
- Elena Saccani (female), Head of Purchasing Dept
About
Abstract
The question of how service companies should deal with decarbonization haunts every sustainability class, from undergraduate to executive. International regulations have outlined a pathway, through 'push-&-pull' mechanisms (such as the 'cap-and-trade' set by European Emission Trading system), that is applicable for manufacturing firms - the ones where Greenhouse Gas (GHG) emissions are clearly traceable, at least in their direct form, to chimney emissions. But what if you don't have a chimney? Coopservice is one such case: a cooperative company with over half of its activities involving facility cleaning and 'soft' services. Coopservice handles the cleanliness, hygiene and healthiness of workplaces, hospitals and health facilities, schools, and many other meeting places. On the basis of standard financial metrics, the business has grown steadily in recent years (eg, the total production growth ranges between 4 and 8%, year over year and the company is constantly hiring new employees, 3% year over year). The company has already begun its sustainability transition by structuring its sustainability reporting and developing Scope 1 emission (see Appendix 2) registration. However, a stronger effort to pursue carbon neutrality may represent a competitive advantage that could ensure a stronger position in the market. But how to pursue carbon neutrality? Where to focus first? How should the firm reasonably prioritize possible actions and thereby derive a roadmap? These are the basic questions to answer when delineating a company's decarbonization strategy. Students are called to provide structured answers about the critical elements that support these decisions, as well as the Key Performance Indicators (KPIs).
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2022.Geographical setting
Region:
Europe
Country:
Italy
Location:
Reggio Emilia
Featured company
Coopservice
Employees:
10000+
Turnover:
EUR 691,000,000
Type:
Partnership
Industry:
Service
Other keywords:
Cleaning; Security service
Featured protagonists
- Sabrina Zaunelli (female), Consultant
- Luca Baracchi (male), CEO
- Giulia Castelletti (female), Sustainability Manager
- Giorgio Zucchi (male), Facility Manager
- Elena Saccani (female), Head of Purchasing Dept