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Evaluation
Objective
Scope
Action
Branding
Coding
Evaluation
Understanding where you are. A thorough assessment of current operations to identify areas for improvement.
Objective
Understanding where you want to go. What success would look like and how it would be measured.
Scope
Exploring all the different pathways on how to get there and aligning resources with objectives.
Action
Identify which pathway to take. What actions would minimase negative impact and maximise the positive impact.
There is no one-size-fits-all approach to incorporating sustainability into a business. The best strategy will depend on the specific goals and needs of the business, as well as its industry and location.
However, some general steps that businesses can take to become more sustainable include conducting a thorough assessment of their current operations to identify areas for improvement, setting clear sustainability goals and targets, implementing policies and practices that promote sustainability, engaging with stakeholders (including employees, customers, and the local community) to build support for sustainability efforts, and regularly monitoring and reporting on progress towards sustainability goals.
Additionally, businesses can look for opportunities to partner with other organisations, such as non-profits or government agencies, to leverage their expertise and resources to advance sustainability initiatives.
Guiding Principles
Legislation is the first step in ensuring that businesses operate sustainably and ethically. By complying with relevant environmental, social and governance legislation, as well as addressing issues such as modern slavery, businesses can mitigate risks associated with non-compliance and lay the foundation for implementing new sustainability strategies.
Sustainable Development Goals (SDGs) are a set of 17 goals established by the United Nations to achieve a sustainable future for all. Businesses can align their strategies and activities with these goals to contribute to a more sustainable future, and to demonstrate their commitment to sustainability.
Global Reporting Initiative (GRI) is an international standard for sustainability reporting that provides guidance on reporting sustainability information. By using this framework, businesses can report on their sustainability performance in a consistent and transparent manner.
Life Cycle Assessments (LCA) involve assessing the environmental impact of a product or service throughout its entire life cycle. By conducting LCA, businesses can identify opportunities to reduce the environmental impact of their products and services.
Science Based Targets Initiative (SBTi) is a collaborative initiative between the United Nations Global Compact, CDP, World Resources Institute (WRI), and the World Wildlife Fund (WWF) that aims to help businesses set science-based targets to reduce greenhouse gas emissions. By setting these targets, businesses can contribute to the fight against climate change and demonstrate their commitment to sustainability.