1 / 14

Sustainability

Sustainability. Dr. Ron Lembke. What is “Sustainability?”. The ability to keep doing something for the indefinite future If it’s not profitable, it’s not sustainable What allows a company to survive? Meeting customer demands Developing new products Keeping costs low. Treehugger Fringe.

stu
Download Presentation

Sustainability

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sustainability Dr. Ron Lembke

  2. What is “Sustainability?” • The ability to keep doing something for the indefinite future • If it’s not profitable, it’s not sustainable • What allows a company to survive? • Meeting customer demands • Developing new products • Keeping costs low

  3. Treehugger Fringe

  4. Industry Thinks it’s Important

  5. Students Care • Stanford MBA survey • 97% of students say they would take lower pay for a company with good CSR policy (Corporate Social Responsibility)

  6. What is “Sustainability?” • Brundtland Commission (1987): • “development that meets the needs of the present without compromising the ability of future generations to meet their needs” • ESG • Environmental – Energy, Carbon, GHG, Water, etc. • Social • Corporate Social Responsibility: quality of life for employees, their families, and the community • Labor practices, healthcare, education, diversity, safety • Governance • Ethics, responsibility, Sarb-Ox • Tyco, Enron, WorldCom • Sustainable Economic Development

  7. Triple Bottom Line • Environment (Planet) • What is your impact on the planet? • Society (People) • What is your impact on people? • Economic Performance (Profits) • How are your profits? Measurement • Clearer alignment to corporate strategy • Long-term targets, measurement systems • Transparent reporting

  8. Corporate America Catches On • GE – Frank Mantero, Director Corporate Citizenship Programs • Investing and Delivering in Citizenship • Audited, like financial statements • 40% of value based on reputation • It’s not “giving” back – it’s a partnership • Wal-Mart • Sustainable Supply Chain • “We’re making money at this” • 600% increase in carbon reporting consulting

  9. Corporate Reporting

  10. Conclusions • Companies are increasingly taking “Sustainability” more seriously • Exactly what does that mean? • Stay tuned. More in the next talk.

More Related