Uploaded on Mar 31, 2021
PPT on The Strategy of Corporate Sustainability.
The Strategy of Corporate Sustainability.
The Strategy of
Corporate
Sustainability
Introduction
• Sustainable and efficient operations are a competitive advantage. Corporate
Sustainability Strategies works with clients to strategically leverage the value of
sustainability.
Source: www.corporatesustainabilitystrategies.com
Embedding sustainability
• Corporate sustainability demands a broad view of issues and impacts, as well as a
working understanding of what the company does and how it does it. Embedding
sustainability means joining the two together through a series of concrete steps.
Source: www.corporatesustainabilitystrategies.com
Understand sustainability and recognize
what it means to the company
• As a first step, it is important to define what sustainability means for every area in the
company and to identify its benefits. From investment decisions, developing new
products or services to changing procurement practices, sustainability has an
increasingly central role in these decisions.
Source: http://www.pgsadvisors.com
Engage with stakeholders
• Depending on its line of business, a company’s impact can vary among stakeholders.
Generally, companies engage with the most influential groups, keeping close ties and
a constant dialogue.
Source: http://www.pgsadvisors.com
Set goals and commitments
• Once key environmental, social and governance issues have been identified and
engagement methods for each stakeholder group have been defined, efforts must
focus on reducing risks and seizing opportunities around these issues centered on
sustainable practices.
Source: http://www.pgsadvisors.com
Establish systems and processes
• Once the goals are established, specific systems and detailed processes need to
guide the implementation of each initiative.
• Throughout the design, processes and policies in place must be taken into
consideration and collaboration among areas encouraged.
Source: http://www.pgsadvisors.com
Track progress, communicate actions and
meet expectations
• It is important to set a system that measures the performance towards each goal.
Defining key performance indicators to meet the identified goals will allow to detect
areas for improvement and will gather relevant data to track progress.
Source: http://www.pgsadvisors.com
Unilever’s Sustainable Living Plan
• Unilever’s Sustainable Living Plan was launched in 2010. Under the leadership of its
CEO Paul Polman, this ten-year sustainability plan has already accomplished
considerable progress in its first two years.
Source: http://www.pgsadvisors.com
Wal-Mart goals on sustainability
• For Wal-Mart, most of its commitments and goals on sustainability are focused on the
use of renewable energy and the adoption of energy efficiency.
• Initiatives in these areas have resulted in the recognition of Wal-Mart as the largest
on-site green electricity generator in the U.S.
Source: http://www.pgsadvisors.com
Conclusion
• Corporate sustainability needs to adapt to the maturity of the business and the
company’s willingness to treat sustainability as a strategic opportunity.
• These steps are only the beginning of a process that can eventually transform a
company’s entire business strategy into a sustainable business strategy.
Source: http://www.pgsadvisors.com
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