Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Create Stakeholder and Impact Maps for a real Social and Cultural Enterprise (provided in class or one that you select) and analyse the global sustainability

Create Stakeholder and Impact Maps for a real Social and Cultural

Enterprise (provided in class or one that you select) and analyse the global sustainability

challenges that the SCE is aiming to contribute to, through its activities and business model.

This task is designed to assess your understanding of the processes involved in developing

Impact and Stakeholder Maps and applying these to SCEs with missions related to making a

meaningful impact towards the United Nations Sustainable Development Goals. These useful

tools and frameworks assist enterprises to clearly identify their intended impact and what they

could do to achieve it. The assessment focuses on:

1. The logic of how you identify and link the elements in the Stakeholder and Impact Map

together, and

2. Your analytical report which addresses the question: To what degree does it appear

that this SCE is making a meaningful impact towards the SDG/s?

. Research the Impact Map elements for your example by answering these

questions and completing the Impact Map template:

What local, regional, national SDG-related challenge are they seeking to address?

What is the enterprise doing (i.e. their activities) and how do these activities

contribute to positive impacts which help to respond to the identified

challenge/goal?

What does the enterprise think will result from these activities (in measurable

terms)? These are referred to as the outputs of the activities and they should be as

specific as possible.

What are the potential and eventual outcomes of the activities over time? The

outcomes may be broader and less attributable to the activities, but the enterprise

often hypothesises that their contributions will make a meaningful impact towards

the identified challenge or SDG/s.

What is the broad SDG/s that the enterprise is hoping to contribute to? This is their

ultimate aim in making a difference to the identified SDG/s.

What are the critical assumptions that need to be present for the SCE to make

progress towards contributing to the SDG-related challenge?

3. Conduct desk-top research on relevant stakeholders (individuals and

organisations) and complete the Stakeholder Map using the supplied template.

4. Write a 1,000-word report which addresses this critical question: To what degree

does it appear that this SCE is making a meaningful impact towards an SDG/s? (see

writing tips below)

Hepburn Wind is the trading name for the Hepburn Wind Community Wind Park Co-operative

Ltd, which was established in 2007. It is located near Daylesford, about 100 kms north west of

Melbourne, and manages a 4.1 mega-watt (MQ) wind farm with two wind turbines (Gale and

Gusto) that generate power for more than 2000 homes.

Revenue is generated through electricity sales. Hepburn Winds Large-scale Generation

Certificates (LGCs) can also be used to offset carbon footprints available to individuals,

businesses, community groups, events and for micro products. In partnership with Powershop, a

100% renewable energy product has been made available to all Victorians.

Community energy enterprises provide local groups with a concrete way to contribute to

reducing the impacts of climate change, whilst also delivering long-lasting economic and social

benefits to the local community in which they are based. Profits remain in the community

distributed as dividends to individual members, and through the Community Fund. $15 000 per

turbine is invested each year to fund projects that contribute to strengthening the environmental,

wellbeing, recreational, cultural and educational sustainability of the local area.

The co-operative structure was chosen as it was considered to best match the values and

culture envisaged for the enterprise. Community energy initiatives employ a wide range of

initiatives and activities to educate, grow knowledge and skills, and secure a mandate to build

within the local community. These activities are considered central, as it is through community

engagement that the member base is secured and maintained. In addition to its co-operative

legal structure, Hepburn Wind is a Certified B-Corporation.

Almost 2000 co-operative members contributed $9.8m to construction; the Victorian

Government has provided grants totalling $1.725m; and Bendigo Bank extended a $3.1m loan.

Raising this amount of capital was a significant achievement for the enterprise, particularly as

nothing similar had been attempted in Australia at the time. Today Hepburn Wind is one of a

growing number of community energy enterprises across Australia, and its example has helped

to show how community-based models can be designed and delivered.

Hepburn Wind is also a partner in Hepburn Z-NET, a community transition pilot seeking to make

the Hepburn Shire the first zero-net emission shire in Australia. A range of initiatives are being

supported including the development of a mid-scale solar farm that will generate energy for

approximately 1500+ residential homes and deliver further benefits through the Community

Fund.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Finance With Excel

Authors: Simon Benninga

2nd Edition

0199755477, 9780199755479

More Books

Students also viewed these Finance questions

Question

Why did the Pima begin gaining weight in the mid-1900s?

Answered: 1 week ago