Sustainability in business

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Information about Sustainability in business
Technology

Published on February 28, 2014

Author: JBAConsulting

Source: slideshare.net

Sustainability in business Findings from Opportunities in a resource constrained world: How business is rising to the challenge (Carbon Trust) IN THE YEAR THE FINANCIAL CRISIS BEGAN, THE WORLD WAS ALREADY USING RESOURCES AT A RATE 50% FASTER THAN IT CAN RENEW By 2050, population is expected to reach NINE BILLION By 2030, there could be a 40% gap between available water supplies and water needs Some critical materials could be in short supply AS SOON AS 2016 Current RELIANCE ON FOSSIL FUELS (80% of the global energy mix) is UNSUSTAINABLE 68% OF PUBLIC UNABLE TO NAME A COMPANY THAT IS TAKING ENVIRONMENTAL SUSTAINABILITY SERIOUSLY 37% of companies say that the lack of link between sustainability and business value is the key barrier to further action 5% of companies see their response to sustainability as that of a global pioneer By contrast… 40% of companies see their response to sustainability as reactive BIGGEST INCENTIVES FOR BUSINESSES Standing apart from the competition One way businesses can set themselves apart from competitors is by highlighting their environmental committment. This will provide a unique edge that can raise the company profile and strengthen their position in the market. Positioning as leaders in sustainability Companies who embrace and promote sustainability as part of their ethos can be leaders in their field and simultaneously enhance reputation; Cost savings and growth opportunity Low or no cost monitoring of energy use, maintenance of equipment, and engaging staff to optimise energy use can deliver emissions reductions of 5-10%. More complex measures, such as investing in new motors, refrigeration, lighting and ventilation systems can often pay back within 2 years. To find out how you can rise to the sustainability challenge, contact andrew.collier@jbaconsulting.com Data from Opportunities in a resource constrained world: How business is rising to the challenge, Carbon Trust and and YouGov Plc, available at http://www.carbontrust.com/media/468325/ctc828-opportunities-in-a-resource-constrained-world.pdf

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