We hope you enjoyed the 2013 Commit!Forum and returned to your business ready to create new opportunities and strategies. We appreciate your interest in Framework’s services.
As specialists in helping businesses manage for sustainability, we’ve identified many ways in which companies can position themselves to be competitive in the modern marketplace, whether they’re purchasers or suppliers (and most companies are both at least part of the time). So, we’ve created this page to offer you a few resources that summarize some of the benefits of an effective sustainability strategy.
Once you’ve scanned them, click the link further down the page to learn more about the 8 Essential Elements of Integrative Thinking and how Framework can help you develop your own Sustainable Advantage.
Sustainability-Focused Companies Outperform Their Peers
A Harvard Business School study that tracks the performance of 180 public companies over 18 years—the first of its kind to follow companies for decades—finds definitively that those that adopted environmentally and socially responsible policies significantly outperformed their peers. Every dollar invested in a portfolio of sustainable companies in 1993 would have grown to $22.60 by 2011, 47% more than the $15.40-per-dollar return of a portfolio composed of companies less focused on sustainability.
The Value of Sustainable Procurement Practices
PriceWaterhouseCoopers, December 2010
Sustainable procurement, as defined by PWC in their research of the practice, means taking into account economical, environmental and social impacts in buying choices. Their study finds that such programs pay back up to 85 times their cost of implementation in the form of risk and cost reductions and new revenue-driving opportunities. Given these facts, it’s not surprising that an increasing number of both purchasers and providers are paying careful attention to performance in these areas.
Advocating for Impact: What Workers Want
Net Impact, 05.28.12
Talent Report: What Workers Want in 2012, a nationwide U.S. study conducted by Net Impact (an association for sustainability management professionals and recent business-school graduates) and Rutgers University, provides a revealing picture of what students and professionals most value in a job. Employees who have the opportunity to make an impact on social or environmental issues on the job are more satisfied with their jobs than their colleagues who don’t by almost a 2:1 ratio, and nearly 60% of recent graduates would take a pay cut to work at a company with values similar to theirs.
Supplier Self-Assessment Questionnaire (SAQ): Building the Foundation for Sustainable Supply Chains
With the release of the CERES SAQ, companies have access to a valuable resource to better engage their suppliers. The SAQ is a streamlined, standardized questionnaire that can be distributed across the supply chain to collect data on environmental, social, and governance practices and performance. Suppliers benefit from an “early look” at the SAQ in order to prepare for requests for sustainability information they may receive from key customers.
To learn about the key elements of an integrated and sustainable business model, see Framework’s 8 Essential Elements of Integrative Thinking.