If properly implemented, sustainability can have positive financial impact – there’s a reason it’s called the green economy. This typically starts out by optimising resources consumed and is extended to efficiencies (i.e. energy, water, waste). Most businesses have space to become more streamlined and to optimise their operations. There is a misconception that sustainability costs. Quantifying impacts by looking at ROI (return on investments), revenue generated and savings achieved help show this clearly.
The easiest way to maximise impact is to work together with your stakeholders. There is significant value in developing quality relationships that allow dynamic collaboration with key stakeholders within the supply chain. Working with the supply chain opens up opportunities to further engage with experts to help build tangible green business outcomes. The benefits range from resilience to financial opportunity.
There is growing pressure from international markets. Focusing on sustainability and incorporating it into your core business and values helps you stand out from the crowd. It’s a way for customers to see a different value-adding side. The brand recognition also helps generate a fair amount of excitement – once a sustainable value-add has been realised, what else will they do.
Having a sustainability strategy means having a plan. More and more employees are looking for a place they belong, a company with a purpose that shares their value system. A company with a strong sustainability strategy can be a good drawcard. It’s a way to get people excited about changing and improving the way they do things.
A good sustainability strategy goes hand-in-hand with a strong innovation strategy. Opportunities around sustainable innovations abound. There is a growing shift around topics like packaging innovations, alternative materials, resilient supply chains. Additionally, extending the “great place to work” includes developing intrapreneurs that bring significant value and ideas to your organisation.
The key takeaway: There is a misconception that sustainability costs. While there is a need to look at the affordability of certain types of solutions, sustainability in itself is all encompassing. It has an overall positive impact on the sustainability of your business. You don’t need to spend money but you can definitely make money from it.
To learn more and start working on your innovative & robust sustainability strategy, get in touch with us.
TOMA Tomorrow Matters Now does not and shall not discriminate on the basis of race, colour, religion (creed), gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. These activities include, but are not limited to, hiring and firing of staff, selection of volunteers and vendors, and provision of services. We are committed to providing an inclusive and welcoming environment for all members of our staff, clients, volunteers, subcontractors, vendors, and clients.
TOMA-Now is an equal opportunity employer. We will not discriminate and will take affirmative action measures to ensure against discrimination in employment, recruitment, advertisements for employment, compensation, termination, upgrading, promotions, and other conditions of employment against any employee or job applicant on the bases of race, colour, gender, national origin, age, religion, creed, disability, veteran’s status, political affiliation, sexual orientation, gender identity or gender expression.
© 2023 TOMA-Now | Privacy Policy
Website Designed & Developed by CrossCreative
Provide us with your details below after which you will be directed to the case study PDF.