Wednesday, 4 January 2017

How to make your business more sustainable in 2017

Sustainable development means minimising the environmental and social impact of your business and ensuring financial stability.

It’s a strategic approach that will help you to:
  • Reduce Costs
  • Control Risk
  • Improve your reputation
  • Help with business growth

7 steps to business sustainability
  1. Achieve buy-in from all senior management to ensure that sustainability is at the heart of all business processes and decisions.
  2. Involve stakeholders including employees, clients and suppliers. Employees like to work for businesses that care about their environment and community, customers prefer to source from sustainable suppliers.
  3. Review your environmental and social impact. Including:
    • your use of raw materials, water and other resources
    • your energy use and its impact on climate change
    • the waste and pollution your business produces
    • the impact your business has on your employees and the local, wider and international community
    • Do you source sustainable materials from suppliers who are committed to sustainable development?
    • Do your suppliers treat their employees fairly and ethically?
    • How much energy is used producing and delivering materials to you - and delivering products to your customers?
    • How are your products used and disposed of? Can your products and packaging be easily recycled or reused?
  4. Create a sustainability plan with short and long term targets. Look at the short terms wins but create a more detailed action plan for ambitious changes.
  5.  Monitor and review regularly and report success to stakeholders.
  6. Review the social impact of your business as an employer and as a neighbour. Employing local staff, treating them fairly and helping them develop will improve your profile within the community.
  7.  Become involved in local community initiatives, help with fund raising or allow staff to volunteer.

Out of little acorns, great oaks grow. The first steps to sustainability will provide the firm roots from which your business will flourish and help secure the future of our environment.

1 comment:

  1. I would also say actually do something! Better to take an action that reduces power usage or waste than to tick any number of boxes...