10 Tips to Drive Sustainable Business Growth
Sustainability and corporate citizenship have become business necessities in our rapidly-changing world. Purpose-driven companies recognize that focusing on sustainability and ESG manages risk, maximizes opportunity, and drives long-term value. Here are ten important tips to drive sustainable business growth and meet the United Nations Sustainable Development Goals by 2030:
1. Integrate purpose into your core business strategy to make a positive impact on society and our planet.
2. Apply a purpose-driven mindset to achieve measurable goals and transparently report on progress.
3. Harness the power of purpose to innovate and leverage disruptive innovation to drive sustainable growth.
4. Embed sustainability, corporate social responsibility, and diversity, equity & inclusion into your corporation’s DNA; Integrate ESG into your business model.
5. Walk the talk—live your values by linking employees’ day-to-day work to a larger, shared purpose and encouraging employee engagement around climate and social issues.
6. Engage and mobilize stakeholders across the entire value chain around purpose and collective action including suppliers, distributors, employees, consumers, investors, and communities in which you operate.
7. Take a stand with policymakers—lend your voice for human rights stewardship and environmental sustainability.
8. Leverage technology and innovation and foster creativity and an intrapreneurial mindset to lower your carbon footprint, recycle as much raw material as possible, steadily increase the efficiency of the manufacturing processes, and continue to reduce waste and consumption of energy and water.
9. Collaborate across companies, stakeholders, and industry sectors to make a difference and drive positive change.
10. Create circular business models, including circular supply chains, circular products, and circular customer journeys.