Sustainability is a web of interconnecting systems – social, economic, environmental and institutional – that work together to produce and enhance our world both now and for future generations.
Key realms of this web include:
- Economic – Production Costs, Profit vs Loss, Compliance Costs (Penalties, Enforcement, Prevention), Sales.
- Environment – Waste, Energy Efficiency, Environmental Degradation.
- Social – Employee Benefits, Health Care, Community Involvement, Housing, Education.
- Institutional – Disaster Preparedness and Response, Safety Training, Information Access.
As the world has become more industrialized there have been increasing environmental pressures such as harmful emissions and waste, which have had local, regional, ands global impacts. There is a mutually reinforcing relationship between social and industrial development; in this regard, the challenge facing industry is to promote the positive influence of industrial activities on economic and social development, while minimizing the negative impact of production and consumption on the environment.
Managing for Sustainability
To maintain a competitive edge and ensure longevity, companies need to adopt a management system / plan addressing not only economic issues, but also the environmental, social, and institutional impact.
One such principle that addresses these issues is sustainable development (SD). The most commonly accepted definition of SD is the Brundtland Commission’s (1987): “Development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”
Developing a management system / plan enables companies to expand operations in a sustainable manner. By incorporating SD practices into the business model, companies can expect increased productivity, profits, efficiency, and reduced environmental degredation and liability, while simultaneously ensuring a secure place in future markets.
Sustainability: A Top Company Priority
Company survival – as other companies implement and practice sustainability, those that do not will fall behind and lose the ability to aggressively compete.
Save your company money – less energy, less water, less waste, less clean up, less liability and exposure.
For your kids and your community – setting a moral and ethical example.
Enhance market share – client and public relations, and company reputation.
Excel and Exceed
Going beyond compliance – setting and exceeding industry standards, and having a tangible impact on rival businesses.
Envirosure understands sustainability…if this is a priority for your organization, we look forward to hearing from you.