Sustainability The Mandate 7 Billion People Global Warming
Sustainability – The Mandate 7 Billion People Global Warming Today it is critical that businesses and the products & services they provide are more sustainable Growing Waste Rare Materials Growing Waste
How to quantify the business benefits of sustainability
Business Value of Sustainability Framework Brand Revenue • Revenue Growth • Revenue Resilience • Sustainability driven Innovation Innovate • Reputation Management • Employee Attraction • Employee Retention Certain/Short Term Less Certain/Long Term Risk Management Cost Reduction • Operational Efficiency • Employee Productivity • Value Chain Efficiency Mitigate © thinkstep • Operational Risks • Value Chain Risks • Societal Risks • Regulatory Management 3
Business Value of Sustainability Process 1) Screen – Leverage existing data, knowledge and expertise 2) Scope – Refine the Source and Quantify the value for you 3) Scale – execute to realize business value 4
Business Value of Sustainability Tool Benefits • • Guides users through the Process Accessible and Transparent Excel based for easy engagement and facilitation Graphical output and summary of key business case data points 5
Business Value of Sustainability Potential Revenue Brand 1. 5 -3%of Sales 10% of new brand value 7% contribution to attraction and retention Innovate Certain/Short Term Less Certain/Long Term Risk Management Cost Reduction 1 -4% of Costs Mitigate 1 -10% of Sales © thinkstep 6
Lessons Learned to Date • Paradigm shift • Framework provides a process • Iterative process • Intangible value a challenge to quantify • ‘Contributing to’ • Powerful process and tool for engagement 7
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