GREENING YOUR BUSINESS: WHYS AND HOWS Global Summit of Women, 2018 - PowerPoint PPT Presentation

instituteforsustainableleadership.com GREENING YOUR BUSINESS: WHYS AND HOWS Global Summit of Women, 2018 Professor Gayle Avery Co-Director, Institute for Sustainable Leadership

KEY ISSUES Why be green? • Enlightened self-interest • Help planet, country, your business Is being green at the expense of profits? • No, on the contrary What are businesses doing? What can you do? • Plenty

BEING GREEN RAISES PERFORMANCE Countries that perform well focus on environment , society and economics. Download our research paper for free at https://link.springer.com/article/10.1007/s10551-018-3805-6

Selected countries ranked on 29 indicators (big numbers = worse performance) 7 European countries Dev Cs 6 Anglo countries SWI NOR DEN AUT SWE GER HOL PRC IND NZ AUS IRE CAN UK US Overall score 1 2 3 4 5 6 8 13 37 16 21 28 35 40 57 o/o 100 Average environ- 60 68 59 63 71 69 79 61 12 73 94 75 98 82 97 mental score (9 indicators)

SUSTAINABLE ‘HONEYBEE’ BUSINESSES Honeybees & Locusts Honeybee companies focus on: • Environment • All stakeholders • Their employees • Society • Ethics • Long-term • Innovation • Quality

BMW product redesign: Hydrogen car

Being green improves business via • Lower production costs • Enhance brand/reputation • Attract talented employees • Appeal to customers • Reflect good management practices • Improve share performance • Manage risk • Appeal to lenders/investors • And more

What can you do? 1. Audit your use of water, gas, energy, procurement, waste, plastic use, noise, ecological footprint…. 2. Switch to renewable energy 3. Minimise use of scarce resources 4. Design products for disposal/reuse 5. Redesign packaging 6. How polluting is your fleet ? 7. Examine your supply chain 8. Share resources eg transport and logistics 9. Examine your business model re climate change 10. Develop a climate change strategy

Climate change strategy You need a climate change strategy • Directors’ liabilities • Some industries very exposed eg mining, agriculture, insurance • May require new business model • Clients? • Suppliers?

Thank you! @Honeybeeleaders Email: gayleavery@gmail.com