Sustainability

FIVE STAGES TO SUSTAINABILITY

• 1. Compliance: Improve environmental, health, and safety considerations through effective Risk Management and Compliance practices.
  2. Integration:  Integrating waste reduction and resource efficiencies into business processes throughout the value chain to reduce costs.  Additionally, it involves the consideration of the social, economic, and environmental impact of business activities and how they can be integrated into business processes to fuel innovation and cut costs.
  3. Measurement:  Establish baselines and develop assessment methods so that starting positions can be identified and progress measured.  This involves tangible assessments of physical activities such as waste and energy efficiency but also establishing ways of quantifying the impact of sustainability on brand, innovation, productivity, and the ability to attract and maintain talent.
  4. Transformation:  Transform the supply chain by creating more energy-efficient and ethical ones, yielding products of greater value to consumers.
  5. Systemic Change:  Involves integrating sustainability issues into business development.  Develop strategies that deliver new customers for goods and services, provide access to new markets, increase market share and profit margins in existing markets, and improve brand reputation.