Welcome to the Sustainable Business Network where companies in South Eastern Wisconsin share their ideas, challenges and best practices for committing to sustainability and social responsibility.
In tough economic times is sustainability a distraction for businesses just trying to keep their enterprise going? The answer depends on your approach.
If you think of sustainability as “being green,” then the answer is yes. Everyone’s been going green lately. It’s a hot, feel-good trend. Mostly, however, it can be a lot of hype and for most businesses a distraction. Lake Superior State University put “green” and “going green” on their annual list of words submitted by people all over the world to be banned from use. Terra Choice did an analysis of claims made by manufacturers of more than 1000 consumer products and found only one product didn’t violate in some way one or more of their six sins of greenwashing. Greenwashing will kill the green movement because consumers will either become desensitized or simply not believe all the green messaging.
But if you think of sustainability as a comprehensive approach to driving out cost and driving up revenue, then of course your answer is no. It’s not a distraction; it’s an essential way of doing business. A growing number of companies in SE Wisconsin are embedding sustainable business practices in their operations to reduce energy and resource use, to watchdog their supply chain, and to manage regulatory, litigation and reputation risks. They’re also adopting sustainability in product and process development and innovation to create competitive advantage and grow their business. This approach takes sustainability way beyond a mere fad and into a megatrend for conducting business in the 21st century.
Here’s a question: Do we make the business case for sustainability or do we make the sustainable case for business? Let’s discuss!
Greg Bell
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