Sustainability strategy: planning in 4 steps (ABCD) - YouTube

What is the best way to address global environmental problems? It is sad that although most environmental challenges, from high pollution to loss of species, are known, yet the globe is hauling fast on the road to “self-destruction.” As a corporate entity, you have a role to play in helping to make the world a better place, and the surest way to achieve this is through sustainability planning and reporting. Here are the main components that you should include in sustainability planning. 

Why is Sustainability Planning Important?

Notably, sustainability issues on the globe can be complex and indeed, crafting a good strategy for addressing them can be more challenging. For example, energy costs only come third, after labor and materials, in most companies. Indeed, the US Department of Energy indicates that most companies use a large percentage of their budgets on energy, but it is sad that about 30% of it is wasted via inefficiencies. See, adopting sustainable practices can help to cut down energy costs without affecting overall productivity.  

Sustainability planning makes it easy for you to set clear goals and follow them. These are the goals that you need to measure after some time and determine how successful your efforts were. Check through to identify the main components to include in the sustainability reports

Data 

After deciding to operate sustainably, we must indicate that you cannot manage what you cannot measure. It is paramount to adopt an appropriate sustainability reporting strategy to help you with two things; crafting the right goals and tracking progress. This will also help you to tell the world, “look, we are doing our part, do something too to make the globe a better place because it is our home.” 

People 

These are the persons who are at the front line in ensuring that your sustainability goals are achieved. In some cases, this may entail bringing some new staff on board, but it does not always have to be that way. You can train your staff on sustainability and give them specific roles of ensuring the targets are achieved. Indeed, it would be best if you considered including all staff because what they do, be it simply turning off the lights when not in use or using the chat instead of written memos can have a huge impact on company sustainability and profitability

Infrastructure 

Effective sustainability plans arise from looking at issues broadly, including water, energy, wastes, transportation efforts, and supply chains. Comprehensive infrastructural audits and gaps assessment can help you know which areas need more focus to make environmental sustainability achievable. Do not shy away from making some adjustments to your strategy because they are likely to yield impressive results, not just for your organization but the entire planet. 

Continued Improvement and Reporting 

When it comes to sustainability, the only way to overcome the issues is by adopting continuous improvements. This implies that once you have set the targets, that should be the starting line, and you should focus on achieving more. If you can increase the energy efficiency of your facility and optimize profits, why not move to other areas of operations, such as working with conservation groups to promote restoration of degraded habitats. 

As you can see, crafting a good sustainability program requires an inherent understanding of environmental, social, and governance issues and adopting achievable goals. More importantly, you need to ensure that sustainability reporting is part of your efforts to easily understand, focus, and improve your commitment to improvement. Consider working with a reliable sustainability reporting software to make sustainability planning more effective.