gp works sustainability pres
TRANSCRIPT
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SUSTAINABILITY Economic Rewards of
Managing Sustainability.
By MSMP 47 group 2
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Sustainability- Our Team List(putting the climate first….)
• EL Rufai• Mark• Gbenga• Onoh• Jare• Steve• King• Chris• Danjuma• Maggie• Ibim• Dele
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Contents
Sustainability Rewards
Vital Facts
Summary
Close
Definition, Concepts and Introductions
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What is Sustainability?(putting the environment first….)
• The simple definition -Sustainability is improving the Quality of Human Life while living within the carrying capacity of supporting eco-systems.
• The long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of union, an interdependent relationship and mutual responsible position with all living and non living .
-Sustainability is also a call to action, a task in progress or “journey” and therefore a political process, so it has common goals and values.
- The Earth Charter speaks of “a sustainable global society founded on respect for nature, universal human rights, economic justice, and a culture of peace.”
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Sustainability- Who has responsibilities.?
Individuals
Government
Organizations
• Impact of choices
• Regulations And Monitoring
• Analyze and Reduce
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• Achieving sustainability will enable the earth to continue supporting human life
• Sustainable Businesses assess the impact of their products and activities on the Environment
Sustainability
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Sustainability- Business impact on the Environment. -Life Cycle Assessment Tool?
• Tools for monitoring , Evaluating and Decision Making. – Considers quantifications analysis of
Inputs and Outputs– The Cycle considers 3 phases of
analysis• Cradles to Gate• Cradle to Grave• Cradle to Cradle
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Sustainability Practices?
• Recycle
• Reuse
• Reduce
• Substitute
• Source•R
ecover • Cre
ate
• Collect• Circular Economy
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Sustainability – The Rewards/Benefits?
• Improved company or brand image
• Cost savings
• Competitive advantage
• Improved employee satisfaction,
morale or retention
• Product, service or market innovation
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Sustainability – The Rewards/Benefits?
• Business model or process innovation
• New sources of revenue
• Effective risk management
• Enhanced stakeholder relations
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Sustainability- Pepsico way
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Some Facts on Sustainability Rewards
• Sustainability focused companies outperform their peers.
- A.T. Kearney (strategic mgt consultant.).- Companies committed to corporate sustainability
practices achieved above average performance in the financial markets during the financial crisis of 2008. The performance differential translated to an average of $ 650 million in market capitalization per company.
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Some Facts on Sustainability Rewards
• We've found a new way to win in the marketplace — one that doesn't come at the expense of our grandchildren or the earth, but at the expense of the inefficient competitor.’
-Ray AndersonCEO, Interface Inc
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Sustainability-More facts
• The more enlightened businesses are seeking long-term future-proofing by aiming to decouple business growth from increasing damage, produce all-round zero negative impacts, or even generate restorative/net-positive social and environmental impacts. Others are going even further, to innovate into entirely new resilient ways of working.
-Dax Lovegrove, head of business and industry, WWF-UK
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In Summary
• Take - Make and Dispose is Linear economy and is not Sustainable.
• Circular Economy as depicted in the R’s is much more rewarding and sustainable.
• We should embrace a shift from Linear economy to Circular economy
• By:- – Creating value in product life cycle.– Designing value with the transformation system– Using recoverable resources.– Designing products to make consumer “Good” and NOT “King”.
