The New Sustainability Advantage
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Beschreibung:
The New Sustainability Advantage shows how the benefits of the "triple bottom line" can increase a typical company's profit by at least 51 to 81% within five years, depending on the company's size and industry sector, while avoiding risks that could jeopardize its financial wellbeing.
Fully revised and updated, this 10th anniversary edition clearly demonstrates that, by focusing on seven powerful yet easy-to-grasp sustainability strategies, businesses can:
- Increase revenue
- Improve productivity
- Reduce expenses
- Decrease risks.
Expressed in clear business language and presented in an appealing, graphically rich format, this practical guide and the accompanying online Sustainability Advantage Simulator Dashboard enables executives to enter their own data and quickly identify high-leverage benefit areas for their organization. More detailed downloadable Sustainability Advantage Simulator Worksheets help them drill down into specific areas of interest and fine-tune the assumptions to their specific situation.
An indispensable tool for both sustainability champions and senior management, The New Sustainability Advantage proves that the quantified business case for sustainability is more compelling than ever before.
Acknowledgments
Preface to the Second Edition
Preface
Introduction
Introduction
The Premise
Definitions, Terminology, and Frameworks
Definitions of a Sustainable Society
The Need for a Relevant, Aligned Business Case
Typical Companies and Time Horizons
Benefit 1: Increased Revenue and Market Share
Introduction
More Revenue from Current Products and Markets
Revenue from New Products and Markets
Revenue from Services and Leasing
Potential Benefit from Increased Revenue and Market Share
Benefit 2: Reduced Energy Expenses
The Lowest-Hanging Fruit
Saving Energy in Buildings: An Inside Job
Computing Energy Savings in IT
Driving Energy Savings in Transportation
Renewing Energy Savings with Substitutions
The Secret Sauce of Energy Savings: People
Energized Energy Expenses
Benefit 3: Rethinking Waste Expenses
In Bed with Embedded Waste
The Four-Factor Formula for the Full Cost of Waste
Company Efforts to Avoid Waste
Bonus: Revenue from Selling Waste
Waste Savings Help Fund Other ESG Projects
Benefit 4: Reduced Materials and Water Expenses
Saving Natural Capital Saves Financial Capital
Savings on Water
Savings on Consumables and Paper
Materials Savings Help Fund Other ESG Projects
Benefit 5: Increased Employee Productivity
Purpose Powers Performance
Engagement Drives Business Results
Increased Productivity from Reduced Absenteeism
Increased Productivity from More Telecommuting and Less Travel
Increased Productivity from Green Buildings
Increased Productivity and Innovation from Improved Collaboration
Increased Productivity and Innovation from Higher Engagement
Potential Increased Employee Productivity
Benefit 6: Reduced Hiring and Attrition Expenses
The War for Talent Still Rages
A Sustainable Enterprise is a Talent Magnet
Paying the Price for Voluntary Turnover
Healthy Hiring Savings on Involuntary Turnover and New Hires
Benefit 7: Reduced Risk
Standard 2-Part Business Case
Four Categories of Risk
Strategic Risk Mitigation
Operational Risk Mitigation
Compliance Risk Mitigation
Financial / Stock Price Risk Mitigation
The Burning Platform of Risks
Conclusion
Bottom-Line Benefits for M&D Inc.
Bottom-Line Benefits for Sam’s Services
What’s In It for You?
What about the Costs?
Why the Business Case Is Hopeless
Why the Business Case Is Perfect to Get Us to the Tipping Point
Notes
Index
About the Author