Our Sustainability section discusses how a company can benefit from monitoring there resources while contributing to their community.
  • Why following a sustainability strategy makes good business sense


    The first thing that comes to mind when I think of sustainability is environmentalism and that we should seek to make sure, there are enough resources for future generations. We should maintain the environment and try to reduce our impact. In business, I believe that sustainability is ensuring the long-term survival of the business through effective use of resource management in both financial and human capital. Using research and development to increase efficiencies and use new renewable materials. Ensuring that they have the resources they need by maintaining strong relationships with both supplier and customer. It is in the best interests of organizations to think sustainably. Li...
  • Who are the biggest players in sustainability?


    I believe that the two biggest players in sustainability are government and consumers. Corporations indeed have a role to play as they have the ability to research and develop new technologies to solve issues but I believe it is the consumer that drive these changes. Corporations can lead the market but if the consumer is not ready to accept new ideas they will fail. Consumers are the ones that vote for corporations, and technologies by buying products and services. Consumers are also the ones that elect their government who both creates new regulations and enforces them upon corporations. The truth is that all three groups influence each other. Corporations hire lobbyists to influe...
  • What influence do shareholders have on sustainability efforts?


    It is important that the investors believe in the company and its management. Shareholders react to gossip, news and rumors. If they feel that a company is being mismanaged or trying a new strategy far outside the element of the company’s core business shareholders will run fast. This means selling the company’s stock. Investors themselves may be interested in companies that work towards sustainability. Any effort to work towards sustainability can be seen very positively to potential investors. It may draw in more investments increasing the share price. Even though the stock price is not really the best indicator of the company’s value especially in the short term the company must ...
  • What is social responsibility and what are the benefits?


    Social Responsibility gets businesses to think externally and look for ways they can contribute to the community. The goal is to preserve our natural resources and show your business is committed to improve the local community. There are many ways small business can adjust to open up to social responsibility. Waste Reduction Using green can and recycling can greatly reduce the waste produced. Less printing and use electronic formats. If the business is in the food industry a better, handle of inventory tracking to limit wastage. Reduction in Energy Usage Using appliances and electronics with better energy ratings. Using efficient light bulbs. Contribute To Global Causes Focus on a...