Radiation Management Carbon Dioxide Removal: Discussion And Stakeholder Analysis

Discussion

Discuss About The Radiation Management Carbon Dioxide Removal?

Hotel Hilton Sydney is located at the heart of the city and offers access to the best tourist attractions in Sydney like the Sydney Opera House.  The hotel has luxurious room for guests, gourmet restaurants and guests are provided with amenities like fitness center and Alysium spa. However, the local community in Australia, the society in the neighborhood, government and suppliers are important stakeholders of Hotel Hilton. The hotel should adopt Stakeholder Value Analysis Model and publish sustainability reports to resolve issues like Green house gas emission, Waste management which includes reduction of food waste (Agrawal, Kaushik and Rahman 2015).

Hotel Hilton should not only focus on creating value for shareholders and customers but the management of the famous hotel should focus on creating value for its stakeholders which includes the local people in Australia, society, neighborhood and government. The management of the hotel should focus on reducing greenhouse gas emission and on using renewable energy.  The management of Hotel Hilton should address issue related to the waste management which includes food waste (Steg et al 2014).

The issues that are faced by Hotel Hilton can be fit into the Clifton Model for analysis of stakeholders.

The purpose of the stakeholder mapping and model is as follows

 The models of stakeholder analysis help in the identification of the stakeholders of the organization

 Models of stakeholder Analysis help to categorize and prioritize the stakeholders of an organization

Modes of stakeholder Analysis help in determination of the actions that managers of an organization should adopt towards each stakeholder.

 According to the Mitchell et al model, the stakeholders of the company can be categorized into stakeholders who have attributes of power, urgency and legitimacy.

According to the Mitchell et al model, managers of an organization give more attention and importance to the stakeholders who hold two or all three of the attributes of power, urgency and legitimacy The Mitchell et al. and other models of stakeholder Analysis act as practical tools for stakeholder analysis for managers.

The Clifton Model suggests that the models of stakeholder analysis which give preference to stakeholders with high power are not consistent with the sustainable world and they violate the idea of justice. Organizations should not give importance to stakeholders with high power as it is morally incorrect.

The Clifton Model also suggests that other attributes like legitimacy, interests and urgency are also troublesome.

Stakeholder Theory

The Clifton Model suggests that the models of analysis of stakeholders like Mitchell et al and Johnson et al are against the basic principles which are fundamental to create a sustainable world.

The management of Hotel Hilton should focus on creating value for stakeholders like employees, customers, communities, government, suppliers. The management should not only focus on short term profitability by creating value for its shareholders but should focus on long term sustainability by enhancing value for its stakeholders(Benn, Dunphy and Griffiths 2014)

The Triple Bottom Line of Business (TBL) are people, planet and profit and the sustainable development is broadly classified into three sectors like the economy, systems and environment. The organizations adopt the Triple Bottom Line Model to evaluate their performance and create value for stakeholders. The three sectors economy, systems and people are interconnected and should not be considered as separate units.

Green house gas emission, disposal of waste and improper management of food waste can impact major stakeholders of Hotel Hilton like society, the Australian community, people of neighborhood, employees, customers and government (Reypens, Lievens and Blazevic 2016).

The management should focus on wastage of food and should focus on recycling of waste from the operational activities in the hotel. Stakeholders involved in this issue are the customers, management, employees and the society and Australian community is impacted by this issue. The food waste impacts stakeholders because when the customers of the hotel waste food the manpower involved in preparing, storing and transporting the food is wasted. Rotting of food produces methane which has 21 times threat to global warming that carbon dioxide (Preston 2013).

There are a lot of wastes produced in the day-to-day operational activities of the hotel. The guests of the Hotel Hilton are its major stakeholders who generate wastes in the form of cardboard, paper and plastic. The management should focus on managing these wastes to create value for stakeholders like the society, neighborhood, community and government. Land-filling of wastes is harmful for the environment and leads to emission of carbon dioxide and methane in the air and pesticides into groundwater and earth. Land-filling is also a costly process and  the wastes have to be taken to the land filling sites which might be far from the premises of Hotel Hilton resulting in consumption of fuel and emission of green house gas. The management can create value for stakeholders by addressing these issues (Pera, Occhiocupo and Clarke 2016).

Brief introduction of Clifton Model

The management of Hotel Hilton should also focus on creating value for its stakeholders like the society and community at international and national level by addressing issues of climate change.  Hotel Hilton Sydney should create value for stakeholders by addressing issues like global warming and ozone depletion. The emission of greenhouse gas like chloro-fluro carbons, carbon dioxide   from the premises of Hotel Hilton and use of non-renewable energy in projects of the hotel prevents the hotel to create value for stakeholders (Adger et al 2013). Australia is already a warm place and is vulnerable to change of the climate and most of the population in Australia lives by the coast (Clayton and Myers 2015).Climate change can have a serious impact on the economy and environment of the Australian community and Hotel Hilton should address this issue to enhance value for the stakeholders including customers, employees and community.

Hotel Hilton Sydney should also create value for its stakeholders like employees and customers and community by managing water waste. The hotel pays utility bills for water once it purchases water and again when water is disposed. Hotel Hilton can create value for these stakeholders by controlling the amount of water consumed by its employees and guests.  Community in Australia faces pressures for supply of water and the Hotel. The hotel can create value for stakeholders like community, government and employees by waste water management (Singaraju et al 2016).

The Hotel Hilton Sydney should engage internal stakeholders like employees and management by applying the method of carbon offsetting.  This method will enable Hotel Hilton to address the issue of global warming by controlling greenhouse gas emission and investing in projects of the hotel that has less greenhouse gas emission.  The hotel can involve its stakeholder to purchase credit of renewable energy. One credit of carbon is equivalent to one tone of Carbon Dioxide. The Hotel Hilton Sydney can make use of renewable energy from wind and solar power source. The company can provide solution to climate change by involving its stakeholders to support the move to clean and renewable energy.

The Company should focus on creating value for its stakeholders by engaging customers and employees in managing food waste. Food waste can be measured by collecting the waste in 3 separate bins and employees of the hotel should be encouraged to avoid food and water wastes in kitchen. The waste should be recycled and awareness should be spread among guests visiting the hotel to reduce wastes in the form of plastic and cardboard.

Conclusion

Travelers especially business travelers and corporate groups search for credentials of sustainability before staying in a hotel. The Hotel Hilton Sydney should focus on creating value for stakeholder by focusing on long term sustainability. Corporate Social Responsibility, addressing environmental issues should be of prime importance to the hotel. The hotel should focus on addressing issues related to greenhouse gas emission, climate change, waste management including food waste and water waste. Society, community and government are important stakeholders of Hotel Hilton and thus the hotel should not only focus on creating profitability for shareholders but should also create value for its stakeholders by addressing issues of environment and climate change.

References

Adger, W.N., Barnett, J., Brown, K., Marshall, N. and O’brien, K., 2013. Cultural dimensions of climate change impacts and adaptation. Nature Climate Change, 3(2), p.112.

Agrawal, A.K., Kaushik, A.K. and Rahman, Z., 2015. Co-creation of social value through integration of stakeholders. Procedia-Social and Behavioral Sciences, 189, pp.442-448.

Benn, S., Dunphy, D. and Griffiths, A., 2014. Organizational change for corporate sustainability.Routledge.

Clayton, S. and Myers, G., 2015. Conservation psychology: Understanding and promoting human care for nature. John Wiley & Sons.

Pera, R., Occhiocupo, N. and Clarke, J., 2016. Motives and resources for value co-creation in a multi-stakeholder ecosystem: A managerial perspective. Journal of Business Research, 69(10), pp.4033-4041.

Preston, C.J., 2013. Ethics and geoengineering: reviewing the moral issues raised by solar radiation management and carbon dioxide removal. Wiley Interdisciplinary Reviews: Climate Change, 4(1), pp.23-37.

Reypens, C., Lievens, A. and Blazevic, V., 2016.Leveraging value in multi-stakeholder innovation networks: A process framework for value co-creation and capture. Industrial Marketing Management, 56, pp.40-50.

Singaraju, S.P., Nguyen, Q.A., Niininen, O. and Sullivan-Mort, G., 2016. Social media and value co-creation in multi-stakeholder systems: A resource integration approach. Industrial Marketing Management, 54, pp.44-55.

Steg, L., Bolderdijk, J.W., Keizer, K. and Perlaviciute, G., 2014. An integrated framework for encouraging pro-environmental behaviour: The role of values, situational factors and goals. Journal of Environmental Psychology, 38, pp.104-115.