Engineering Business Environment: Disruptive Low Carbon Innovation

Running head: ENGINEERING BUSINESS ENVIRONMENT
Module Name: Engineering Business Environment
Module Code: ENGT5219
Title of the Assignment: Assignment B – Disruptive Low Carbon
Innovation
Name of the Student
Name of the University
Author note

1ENGINEERING BUSINESS ENVIRONMENT
Table of Contents
Introduction......................................................................................................................................3
Selection of business type and identification of threats to the business form Climate change.......3
The policy and regulatory framework designed to mitigate climate change...................................4
Innovation theory and disruptive innovation...................................................................................6
Incremental innovation, breakthrough innovation and game changing innovation........................9
Breakthrough innovation...............................................................................................................10
Conclusion.....................................................................................................................................11
References......................................................................................................................................13

2ENGINEERING BUSINESS ENVIRONMENT
Introduction
Disruptive innovation offers important promise about the expedited global low-carbon
transition and set against the inadequate efforts. Hence, in order to analyze and appreciate its
importance, disruptive low-carbon innovation need to be analyzed in the key shifts in perspective
like for analyzing system transition as well as low-carbon innovation in terms of power, making
appraisal of the importance of digital innovation as well as embryonic convergence with the
process of disruptive innovation. In the present study, McLaren Technology Group has been
selected as case study organization. The threats due to climate change, policy and regulatory
framework designed in order to mitigate climate change are discussed in the present study.
Incremental innovation, breakthrough innovation and game changing innovation are discussed in
the paper along with recommendations for disruptive innovations.
Selection of business type and identification of threats to the business form Climate change
Physical impact from climate change poses a major issues for the organizations as well as
arising trends. The theorists of organizations have started to consider impact of the organization
as well as increasingly change of climate. On the other hand, there are organizational related
dimensions of the climate that has impact on severity, temporal scale as well as spatial scale. On
the other hand, it is important to focus on the climate change as it has an impact on the capital
expenditures needed for the emission of control systems. There are several organizations that
may have to invest on the considerable funds into the process of upgradation of polluting
facilities as well as installation of emission control systems for complying with increasingly
stringent regulation on the procedure of emission of greenhouse gases into atmosphere (Urabe,
Child and Kagono 2018.). It would have an important role for energy as well as utility
organizations that are operating polluting facilities such as refineries as well as power plants.

3ENGINEERING BUSINESS ENVIRONMENT
On the other hand, potential domestic legislation has an important role in minimization
legislation that is considered. The organizations would be allotted a specific amount of emissions
credit and allows to release only a specific quantity of greenhouse gases into air. The
organizations can emit more credits that allow to buy extra credits and hurting facilities.
Changing Demand for Goods is one of the major impact for climate change on McLaren
Technology Group (Chan and Vasarhelyi 2018.). The combination of changing prices as well as
changing patterns of weather would cause the changing demand for products. Whether global
temperatures rise, like, demand for getting cold weather products like heating oil might be
declined. Apart from these, changing the public perceptions of the organizations is influenced by
change of climate. There are more public opinions that seem to be turning the process and
promote green image.
The policy and regulatory framework designed to mitigate climate change
Climate change mitigation refers to the activities and action that takes in order to limit the
degree or percentage of stretched term worldwide heating and its connected belongings. There
are various kinds of ways through which government and other body can engage with
mitigations. In the context of weather alteration mitigation, decreases in humanoid emission of
greenhouse gases are one of the best options (Singh and Armo 2016). By increase the volume of
carbon sinks such as cultivation, extenuation can occur. Furthermore, government has designed
various kinds of mitigation policies, practices and regulatory framework through which risks
associated with human induced global warming can reduce.
There are many European countries that have adopted national program that has main aim to
overcome the emission. In the context of policies and measures, various regulatory practices has
designed that are discussed below-