Subject category:
Strategy and General Management
Published by:
Ivey Publishing
Version: 2024-10-03
Revision date: 18-Nov-2024
Length: 16 pages
Data source: Field research
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https://casecent.re/p/201736
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Abstract
In September 2024, the board of governors of the Indian Institute of Management, Visakhapatnam was holding a meeting to review, discuss, and deliberate on various experiences and learnings from phase 1 of the project to build a new permanent campus in Visakhapatnam, Andhra Pradesh, India. The first phase of the project had successfully achieved various objectives in terms of energy innovation, water and wastewater management, solar energy efficiency, rainwater harvesting, and other sustainability measures. It had made great strides toward achieving net zero carbon levels for the fight and adaptation against the challenges of climate change. The head of projects, was tasked with highlighting the importance of sustainability and innovation in energy efficiencies in the upcoming board meeting. He planned to demonstrate how the institute could benefit from and apply the five-star rating received by the Green Rating for Integrated Habitat Assessment to future phases of the project. He also wanted to emphasize how the institute could expand the scope of its sustainability strategies into future projects, considering the impact of potential changes in regulations, technology, finances, and other challenges.
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Abstract
In September 2024, the board of governors of the Indian Institute of Management, Visakhapatnam was holding a meeting to review, discuss, and deliberate on various experiences and learnings from phase 1 of the project to build a new permanent campus in Visakhapatnam, Andhra Pradesh, India. The first phase of the project had successfully achieved various objectives in terms of energy innovation, water and wastewater management, solar energy efficiency, rainwater harvesting, and other sustainability measures. It had made great strides toward achieving net zero carbon levels for the fight and adaptation against the challenges of climate change. The head of projects, was tasked with highlighting the importance of sustainability and innovation in energy efficiencies in the upcoming board meeting. He planned to demonstrate how the institute could benefit from and apply the five-star rating received by the Green Rating for Integrated Habitat Assessment to future phases of the project. He also wanted to emphasize how the institute could expand the scope of its sustainability strategies into future projects, considering the impact of potential changes in regulations, technology, finances, and other challenges.