sustainability initiatives examples

While often expensive, running a sustainable business can pay off in the long run—both financially and environmentally. Deciding on a path to sustainability and getting the training your workforce needs to get there. 7. eBay Eco-Initiatives. Another bonus is their commitment to gender diversity. Their focus is on sustainable buildings and developments that are environmentally sound. The hallmark of this type of initiative is a change that demonstrates the company's concern for the protection of today's environment for future generations. Additionally, a recent survey conducted by blockchain-based clean energy company Swytch found that nearly 70 percent of employees report that their company’s strong sustainability program impacts their decision to stay with it long term. We confirm enrollment eligibility within one week of your application. You can apply for and enroll in programs here. Consumers contribute to causes they care about by “voting” with their dollars. They are also aiming for a 90% recycling rate, too. Your company might be considering corporate sustainability initiatives but wondering just how hard it is to implement meaningful change in your organization. Become a resilient leader in these turbulent times. The company outlines global goals for everyone to work toward, including: The company’s goal is to use 100 percent clean energy by 2025, which it’s on its way to accomplishing through solar panels, bio-digesters that turn emissions into clean energy to power ice cream plants, and new green freezer technology. Office environmental initiatives towards reducing their impact on the environment play an essential role in the sustainability of a positive impact. By making sustainable efforts part of your company mission, you are making a commitment to sustainability becoming an integral part of your bottom line. Ben & Jerry’s also implores the public to support clean energy movements, read articles about climate change and climate justice, and learn about other brands and organizations fighting for the same cause. Harvard Business School Professor Rebecca Henderson seeks to debunk the myth that sustainability isn’t a wise investment for organizations. Related: 5 Tips for Formulating a Successful Strategy. Sustainable Initiatives The University of Iowa officially transferred management of its utility system to ENGIE North America on March 11, 2020. This far reaching policy led to an important reduction of paper use across campus. The biogas stoves replaced firewood and charcoal fires, which were releasing harmful CO2 into the environment and causing Kenyans who were standing over the fires cooking—namely, women and girls—to experience detrimental respiratory issues. Sustainability encourages businesses to frame decisions in terms of environmental, social, and human impact for the long-term, rather than on short-term gains such as … 3 Examples of Sustainable Tourism Initiatives. Volvo Ocean Race: one of the yachts taking part in this round-the-world regatta — the Turn the Tide on Plastic … After all, they pioneered the idea of reusing goods instead of throwing things out to buy something new. educational opportunities. Master real-world business skills with our immersive platform and engaged community. Access your courses and engage with your peers. Talk about putting your money where your mouth is. Corporate sustainability has become a buzzword in companies big and small. Here are some examples of the diverse environmental initiatives taking place around Sydney. Here are just some of the incredible examples of sustainable innovation that could change the world as we know it, and pave the way for a more sustainable way of living. Rothy’s. Its corporate sustainability initiatives include offering more green loans than any other bank. Our easy online application is free, and no special documentation is required. It all starts by making sure that the company has an environmentally-friendly mission statement. These five organizations can serve as inspiration and proof that it’s possible to “do well” while “doing good.” They also demonstrate that running a sustainable business can benefit not just your organization but the planet. It’s a simple, yet powerful, way to put more money towards sustainability. Among LEGO’s environmental goals are reducing packaging and sourcing 100% renewable energy by the end of 2020. Provide training for your employees on sustainability. The first step? “As a food company, many of the partners in our value chain, including our fair-trade suppliers in the global south, are at real risk from a warming planet,” the company states on its website. Since 2016, the Catalytic Finance Initiative has comprised of 12 partners that support investing in high-risk, high-impact sustainability projects, furthering the precedent that investing in sustainability is worth it. This site is protected by reCAPTCHA, and the Google Privacy Policy and Terms of Service apply. This creates a unique opportunity for businesses to pivot their strategies to reflect their values and use budget, resources, and influence to make positive change. Some examples of these non-shoe initiatives include: Through TOMS Eyewear they helped restore sight to over 400,000 people. These trees “scrub” carbon from the atmosphere and protect the coastlines from erosion. #5 Sustainability through urban farming. Help your employees master essential business concepts, improve effectiveness, and Their board of directors is made up of 40% of people who identify as women. Throughout this article, we have given examples of both top-down and bottom-up ideas or initiatives which can help us toward our conception of economic sustainability. Things like, power down equipment at the end of the day and enable energy savings settings on all computers and desktops, are examples of policies that can support the cause. “Every minute, one million water bottles are sold globally,” the company states on its website. “Which is why we knit our styles to shape with recycled materials like plastic water bottles.”. In fact, they are number three in the world on the Corporate Knights’ Global 100 list of the world’s most sustainable corporations. Green loans are given to environmentally-focused projects and a third of Banco de Brasil’s loan book consists of green loans. Etsy is a platform that enables individuals to sell their artwork and creations to the public, generating a large number of packages shipped daily. Research in the Harvard Business Review demonstrates that sustainable businesses see greater financial gains than their unsustainable counterparts. Climate Positive Community: Oberlin, OH —Oberlin is one of only three U.S. cities in the Climate Positive Development Program which works to revitalize the local economy, eliminate carbon emissions, restore local agriculture, food supply and forestry and … Social issues also threaten to divide communities and countries, and the coronavirus (COVID-19) pandemic jeopardizes global health. Some companies focus on environmental sustainability initiatives, while others have sustainability goals for health, poverty, education, and equal access to resources. Residents share a piece of land cultivated into gardens where they grow fruits and vegetables. Keep up to date on learning industry news and the latest EdgePoint offerings. Everlane has launched a clothing line, ReNew, that uses plastics to make fashionable, functional, and environmentally friendly outerwear. When the U.S. Supreme Court ruled that corporations were legal persons (citizens), protected by the Constitution, the concept of corporations being “good citizens” was elevated to a voluntary level. You may not recognize the name, but Chr. Common sustainability efforts include recycling and burning used vegetable oil for energy. “Solving the big problems opens up opportunities that can enable you to have a successful and rewarding business career, while also helping to build a just and sustainable world.”, Related: HBS Professor Explores the Impact Purpose Can Have on Your Organization. One such great initiative is the Lane Cove Community Garden at Hughes Park. If you do not receive this email, please check your junk email folders and double-check your account to make sure the application was successfully submitted. These days, pharmaceutical companies are working hard to clean up their image, but GlaxoSmithKline is also working hard to keep the environment clean. By investing in typically high-risk sectors, such as early-stage clean energy companies, Bank of America has effectively de-risked sustainable investments. Now, the purchase requisition process, through Procurement, has also been automated, resulting in an annual savings of approximately 200,000 sheets of paper. These 10 eco-friendly initiatives have since become the norm for hotels looking to offer more sustainable services. We need to have day-to-day actions aligned with policy in order to achieve our outcomes. “You don’t have to leave your values at the door when you come to work,” Henderson says. Learn how completing courses can boost your resume and move your career forward. 8. Here are five examples of businesses with successful sustainability initiatives to inspire your organization’s strategy. With more than 460,000 employees, China Mobile Limited is the largest mobile telecommunications company in the world. This includes supporting the work of universities and other research programs focused on sustainability. You might consider eBay the godparents of all other corporate sustainability initiatives. The need to come together and work toward collective change has never been more pressing. Get in touch today to learn how EdgePoint can help with your next project. It can be helpful to have examples of corporate sustainability initiatives to look to for inspiration. All applicants must be at least 18 years of age, proficient in English, and committed to learning and engaging with fellow participants throughout the program. This company has its focus on environmental sustainability. expand leadership capabilities. You can also help the environment by using less paper waste and going digital. Keep up with current news. Some of the biggest competitions in the world are making changes and turning themselves into sustainable sporting events.Here are some examples according to the United Nations' Environmental Programme (UNEP): 1. Banco de Brasil is the most environmentally sustainable bank in the world. TOMS Roasting Co. provided over 335,000 weeks of safe water in 6 countries. The 50-year partnership with ENGIE and Meridiam will help fund and support the University's strategic plan and core missions of teaching, research, and scholarship. In 2014, Bank of America launched the Catalytic Finance Initiative, which has directed $10 billion to investments deemed too high risk by many standards but ultimately worked toward the United Nations’ sustainability goals. Let’s get started today. Take inspiration from the examples of corporate sustainability initiatives discussed above. It’s hard to believe that a company that uses plastic as its primary material would offer any good examples of corporate sustainability initiatives, but here we are. “And because climate change is a risk to people in our supply chain, it’s also a risk to our business.”. In 2017, a KPMG report noted that 93% of the world’s 250 largest companies by revenue produced corporate responsibility reports. For example, you can track employee time by using automated software. Pharmaceutical company AstraZeneca operates with health at the center of its work, which is why funding a project that increases Kenyans' health while aiding the environment made sense for the organization. The company published their first GRI report in 2006, and, since then, the company has been able to review and disclose key sustainability performance indicators. And a third of the below initiatives are examples of corporate sustainability initiatives putting your money where your is... 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