company program. why does sustainability matter?
TRANSCRIPT
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Company Program
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Why Does Sustainability Matter?
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Ever increasing demand from the market is favouring companies who have embedded sustainability practices into their business.
Practices such as:
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Ethical working conditions
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Sustainable resource use
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Manufacturing with lower environmental impact
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In short, consumers don't just want the cheapest product;
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They want the best quality that they can afford.
And their notion of quality includes addressing sustainability concerns.
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Amidst a massive rethink of how we do business, global markets have begun embracing sustainability as an…
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Integral part of strategy and a driver of profitability.
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As a new opportunity.
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As essential to competitiveness.
In 2012, The World Economic Forum also released the Sustainability-Adjusted Global Competitiveness Index (GCI).This new measure aims to assess the “the set of institutions, policies and factors that make a nation remain productive over the longer term while ensuring social and environmental sustainability”.
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As the “best’ practices.
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As a way to differentiate between companies.
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As a way to reduce waste and energy which translates to savings.See 3M’s logo below
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Consider this…
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Within two years, you will be able to take your iPhone and zap the bar code on a pair of jeans to get a sustainability index that will let you choose the most sustainably made jeans.
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Will you want to know? Will you give your business to companies with excellent sustainability practices?
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Should companies care about sustainability?
Should companies take responsibility for their products from birth to re-birth:
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Shouldn’t companies take responsibility forclosing the loop on consuming and discarding?
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“Understanding what we can do to improve our relationship with the environment can be a well-spring of business innovation…
Companies that eschew waste, prize efficiency, and innovate are the ones that will make it in the long run.” (D. Struhs)
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How will you address sustainability practices in
your company?
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