Sustainability Flashcards
In the corporate world, sustainability is more than environment
Environmental - To protect and restore the Earth. For example, by controlling climate change, preserving natural resources, and preventing waste.
Economic - To help people and businesses meet their economic needs. For people: securing food, water, shelter, and greater comforts. For businesses: turning a profit.
Social - To address conditions that affect us all, including poverty, violence, injustice, education, public health, labor and human rights.
Cultural - To protect and value the diversity through which communities manifest their identity and cultivate traditions across generations.
Sustainability opens up 3 large sources of value – industry characteristic define whether it poses a risk or opportunity
Sustainable reputation- Regulatory & Compliance Management, Internal Stakeholder Management, External Stakeholder Management, Operational Risk Management.
Sustainable Ops & Financing- Sustainable Marketing, Sustainable Value Chains, Sustainable Operations, Sustainable Financing.
Sustainable Portfolio- Differentiated Brand, New Markets, New Products & Innovation, Business Portfolio
