For businesses, sustainability is more than mere window dressing.
The growing demand for "green" and "sustainable" products has created major new markets in which sharp-eyed entrepreneurs are reaping rewards.
Formerly referred to as "Corporate Social Responsibility," the concept of responsible business is underpinned by the idea that corporations cannot act as isolated economic entities detached from broader society. Traditional views about competitiveness, survival, and profitability are being swept away.
Positive outcomes that can arise when businesses adopt sustainable and responsible practices include:
1. Company benefits:
- Improved financial performance
- Lower operating costs
- Enhanced brand image and reputation
- Increased sales and customer loyalty
- Greater productivity and quality
- Greater ability to attract and retain employees
- Reduced regulatory oversight
- Access to capital
- Workforce diversity
- Product safety and decreased liability.
2. Benefits to the community and the general public:
- Charitable contributions
- Employee volunteer programs
- Corporate involvement in community education, employment, and homelessness programs
- Product safety and quality.
3. Environmental benefits:
- Greater material recyclability
- Better product durability and functionality
- Greater use of renewable resources
- Integration of environmental management tools into business plans, including life-cycle assessment and costing, environmental management standards, and ecolabelling.
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This toolkit aims to help governments develop strategies for the effective engagement of private sector actors in the NAP process.
New Climate Action Toolkit Helps Manitoba Business Leaders Seize Opportunity and Mitigate Risk in a Changing Climate
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On February 29, more than 150 leaders from the minerals industry—from governments, civil society and the private sector—came together to find solutions for sustainable development at the Sustainability Forum.
An Investigation Into the Triple Bottom Line Performance of Micro and Small Social and Environmental Enterprises in Developing Countries: Year 2
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2012 SEED Symposium and SEED Winners Workshop: The Green Economy in Africa: Climate change and energy, agriculture and food security, and the role of grassroots entrepreneurs
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A Three-Year Investigation Into the Triple Bottom Line Performance of Small and Micro Social and Environmental Enterprises in Developing Countries
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Education for Sustainable Development at Manitoba Colleges and Universities: Results from an institution-wide survey and president interviews across Manitoba's 11 institutions of higher education
In response to the UN Decade of Education for Sustainable Development (ESD), Manitoba's Department of Education has made a commitment to reorient the formal K-12 education system towards sustainability.Manitoba Education asked the International Institute for Sustainable Development (IISD) to…
Performance Improvement and Assessment of Collaboration: Starting points for networks and communities of practice
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Technical-Vocational Education for Sustainable Development in Manitoba
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In 2010-11, IISD's Global Connectivity program reviewed IISD's partnership practice, exploring IISD's definition of what constitutes an IISD partner organization.At that time, the team also developed of a list of IISD partner organizations and noted changes in IISD's practice since the first review…
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Standards and Value Chains
Voluntary sustainability standards contribute to biodiversity conservation, poverty reduction, and gender equality.
Depending on how trade policy is designed and implemented, it can either advance or be a hindrance to sustainable, low-carbon development.
Government purchasing power should be leveraged towards buying the most sustainable goods, services, and works.