Leveraging Sustainability Principles to Create Profit and Environmental Value
In today’s changing world, consumers expect companies to take a proactive stance for positive social and environmental changes.
By adopting sustainable practices, companies can gain a competitive edge, increase their market share, and boost shareholder value.
BANKING ON SUSTAINABLE SOLUTIONS
By focusing on reusing and recycling, business leaders are closer to creating a closed-loop system that minimizes the use of resource inputs and reduces inefficiencies and, in doing so, creates opportunities for profit.
For businesses, sustainability is more than mere window dressing. The growing demand for "green" and "sustainable" solutions has created significant markets in which sharp-eyed entrepreneurs reap the rewards.
Formerly referred to as "Corporate Social Responsibility," the concept of responsible business is underpinned by the idea that corporations cannot act as isolated economic entities detached from broader society. Traditional views about competitiveness, survival, and profitability are being swept away.
In today’s changing world, consumers expect companies to take a proactive stance for positive social and environmental changes. This growth in mindset is one of the primary reasons the ‘Circular Economy' has become a driving factor in today’s business landscape.
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- GREENHOUSE GAS EQUIVALENCIES CALCULATOR -
Did you ever wonder what reducing carbon dioxide (CO2) emissions by 1 million metric tons means in everyday terms? The greenhouse gas equivalency calculator can help you understand just that, translating abstract measurements into concrete terms you can understand, such as the annual emissions from cars, households, or power plants.
This calculator may be useful in communicating your greenhouse gas reduction strategy, reduction targets, or other initiatives to reduce greenhouse gas emissions.
Based on our Embodied Energy Analysis, the manufacturing of an average ATM (weighing 1751 lbs.) generates approximately 7.35 tons of CO2e – nearly one-half of that of a new car or seven months' worth of gas and electricity consumed in the average US home.
Likewise, the process of refurbishing ATM unit produces, in most cases, a like-new ATM unit but generates only 1.62 tons of CO2e, an 80% reduction in CO2e.
Read about our methodology and the environmental impact of using refurbished technologies.
TRACKING E-WASTE MATERIAL OVERTIME
Moving from intention to results is the next evolution that investors are looking for. The only way to outperform in this new era will be for companies to make material sustainability issues central to their strategy and operations, go above and beyond their competitors, and measure and communicate their superior performance. Global society faces enormous challenges. But if companies are bold and strategic with their sustainability activities, they will be rewarded.
A CLOSER LOOK AT THE CIRCULAR ECONOMY
The linear economy puts a strain on our natural resources, creates large amounts of waste that become increasingly difficult to dispose of, and eliminates the possibility of using the full value of raw material.
On the other hand, the circular economy allows companies and individuals to extract additional value from our existing materials and resources.
- PROFIT AND SUSTAINABILITY -
NO LONGER AN "EITHER/OR" PROPOSITION
Until recently many felt corporate profits and sustainability initiatives were opposing forces. However, with recent global environmental and cultural events dominating the headlines, it’s clear that sustainability issues are no longer simply ‘nice to have.’
A recent review of over 3000 businesses by the Harvard Business Review found that companies the public viewed as behaving more responsibly had less negative stock returns than their competitors. And, increasingly, sustainability data is widely used by investors to screen out poor-performing companies.
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