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Sustainability Consulting Round-Up: Best of Our Blog from June 2018

The SSC Team July 3, 2018 Tags: , , , , , , , , , , , , , , , , , , , , Strategic Sustainability Consulting No comments
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We try to post a new blog at least once a week, just to share our insights into the world of sustainability strategy and what it takes to be a sustainability consultant or professional today. Here are our most-read posts from June.

 

Mining Companies Can Care

 

Triple Bottom Line: The Science of Good Business

 

Keeping Your Sustainability Team Engaged- Words to Live By

 

Taking the Trash to a Whole New Level

  

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TEDTalk The Business Benefits of Doing Good

The SSC Team June 21, 2018 Tags: , , , , , , , , Strategic Sustainability Consulting No comments
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Everyone loves a good TED Talk! Here’s one of our favorites

In a talk from earlier this year, social impact strategist Wendy Woods explored assessing the impact the various aspects of business can have on various aspects of society, and how we can make adjustments in order to not only do less harm, but to actually improve things. Woods discusses how executives can move beyond corporate social responsibility to "total societal impact" — which will not only benefit a company's bottom line but also society at large. 

Triple Bottom Line: The Science of Good Business

The SSC Team June 14, 2018 Tags: , , , , , , , , Strategic Sustainability Consulting No comments
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We couldn’t wait to share Alexandre Magnin’s Triple Bottom Line: the Science of Good Business. Check out Magnin’s idea of looking at the triple bottom line from a scientific angle. This viewpoint can provide businesses with more insight into why integrating sustainable efforts into business operations can be a great thing for more than one reason. And it’s less than 5 minutes! Check it out.

Sustainability Strategy Isn’t a Checklist

The SSC Team May 3, 2018 Tags: , , , , , , Strategic Sustainability Consulting No comments
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Enjoy this post from the SSC Archives. 

 

There are a lot of business books out there that provide templates for business plans and checklists. And having a plan and a checklist is important for any project or start-up, but developing a business strategy or incorporating sustainability into a business strategy isn’t a series of items to check off of a “to-do list.”

Even if you went through and commissioned and then checked off an annual sustainability report, a carbon footprint, a life-cycle analysis, et cetera, there is no guarantee that your organization would even be close to executing a true sustainability strategy.

Sustainability strategy should be based on an organizational understanding of why you need to invest in assessing and reducing your environmental impact. Without understanding why, you risk wasting time and money on projects that don’t align with the overall business strategy and stakeholder needs.

After determining why sustainability is important to the organization, you should focus on materiality, or what are the most important or impactful steps the organization can make inside of a realistic timeframe or budget or deadline.

Finally, look to experts to develop a proven path forward that speaks to both the materiality and the underlying corporate strategy on this issue.

For example, if your company is a small manufacturing firm held accountable to demanding suppliers or upcoming environmental regulations, but you have no clear idea on your environmental impact, then your why may be “we need to know what we are facing so we can answer questions of our stakeholders with honesty and confidence.”

Next, is materiality – are suppliers or regulators more important? Can they be addressed through the same sustainability tool or report?

If you determine through a materiality assessment that your suppliers are the most important stakeholder group to address first, next, consider what information they are demanding, in what format, and by when. In the example case of manufacturing, this may be be collecting LCA data for a supplier scorecard or more pulling together even more thorough data for a third-party environmental or human product declaration (EPD/HPD) report.

Essentially, sustainability strategy should be tailored as carefully as marketing strategy or pricing strategy.

Company leadership should clearly understand why the sustainability efforts are integral to the success of the company, how important they are to the stakeholders who drive that success to help prioritize efforts, and which strategic path forward to take to meet stakeholder needs best.

SSC not only delivers excellent sustainability consulting services, we are focused on ensuring our clients choose the service, and level of service, that will meet their real business goals

Sustainability Consulting Round-Up: Best of Our Blog from April 2018

The SSC Team May 1, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
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We try to post a new blog at least once a week, just to share our insights into the world of sustainability strategy and what it takes to be a sustainability consultant or professional today. Here are our most-read posts from April.

 

Guests, Properties Need to Coordinate in Minimizing Food Waste

 

5 Ways You can Promote Sustainability by Instilling Values In Your Organization

 

Listen Up: Companies Should Not Be Afraid to Get Political

 

Becoming a Better Sustainability Consultant: Understanding Your Client’s Industry

 

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Listen Up: Companies Should Not Be Afraid to Get Political

The SSC Team April 10, 2018 Tags: , , , , , Strategic Sustainability Consulting No comments
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Over the past two years, it seems like everything is political, from coffee makers to the color red, and as sustainability experts we desperately need to be advocates for climate change policy.

 

You might think jumping into the world of politics isn’t a good move if you’re not in an advocacy industry, but just “selling good products to good people.” Concerns about alienating some of your clients are real, but here’s the thing: fighting for what your business values likely won’t be offensive to your core clientele.

 

Here are some tips to help you commit to your goals so you can make a difference in the long term and continue doing important work in your day-to-day life.

 

A recent piece about how getting political has impacted companies following the Parkland shooting outlined some valid points for any industry or organization that intends to take a stand. The benefits that come with making your opinions known can be greater than sitting on the sidelines.

 

Time has shown that corporate responsibility can actually have a positive impact on business, including political advocacy and issue alignment.

 

Understanding the values and motivation of a company can deepen the relationship a business has with its customers, employees, and other stakeholders.

 

The four elements of sustainability consulting that we center our own work around — transparency, consistency, materiality, and leadership — are the same elements that frame a company’s plan to “go political.”

 

Relationships between companies and their stakeholders are based on trust — and transparency when it comes to areas that you feel your business should take a stand. If you are forthright with your ideas, clients are likely to accept them long term.

 

This is where consistency comes in. You can’t change your mind over time. For example, Patagonia has long been a vocal supporter of environmental legislation. When President Trump noted that he would eliminate federal protections for national monuments in Utah, Patagonia’s clear message that they opposed this decision was what customers and other stakeholders expected to hear. In fact, they likely would have been disappointed in Patagonia if the company had not responded in this manner.

 

Organizational leaders worry that speaking out might damage the bottom line, but consumers actually expect companies to be driven in part by profits —“Rent-seeking is not only tolerated, but admired, so long as a company is transparent, consistent, and shows leadership in its industry.”

 

And leadership plays a vital role. Stakeholders are more likely to purchase from, work for, and invest in companies that have social and environmental impact where leaders are genuine and firm in taking sides.

 

While it may seem like avoiding the political spotlight is the best choice, companies that are transparent, consistent, and can make a business case for political positions are sometimes better off standing out in the crowd.

 

And it’s true, sometimes a company might regret making their values known. But maybe that’s because the company needs to take a hard look at its values.

Sustainability Consulting Round-Up: Best of Our Blog from March 2018

The SSC Team April 3, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
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We try to post a new blog at least once a week, just to share our insights into the world of sustainability strategy and what it takes to be a sustainability consultant or professional today. Here are our most-read posts from March.

 

The Importance of Creating a Diverse Work Team

 

How to Earn the Respect as a Sustainability Leader

 

How Does HR Fit into Sustainability?

 

Free Learning Resources for Aspiring Sustainability Professionals

 

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How to Earn Respect as a Sustainability Leader

The SSC Team March 13, 2018 Tags: , , , , , , , , Strategic Sustainability Consulting No comments
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Enjoy this post from the SSC Archives

When trying to lead a sustainability program from the inside, you may find that getting internal buy-in from your peers, managers and executives is the toughest part of the job. This is especially true when sustainability and CSR don’t get a lot of respect as a corporate priority.

Consider the situation from nay-sayers perspectives, though, and you can begin to see why sustainability (and you) aren’t favorites at work:

  • The CFO may be thinking: why was sustainability “forced” on my, and why does it always seem to be spending more money than it saves?
  • The COO may be thinking: have CSR programs really delivered anything meaningful to the company, or is it just a feel-good initiative that’s taking people away from their “real” jobs?
  • Department heads may be thinking: Do sustainability people do anything except for harp about recycling all the time?
  • The Director of Communications may be thinking: I just want to tell a good story. Why do the sustainability managers always want to bring up our weaknesses?

The industry, the corporate culture, the history of the company’s performance, the physical location, and many other factors may contribute to how your co-workers, subordinates, and leadership view the role of the sustainability leader.

In a recent article in the Harvard Business Review, Jim Whitehurst, the CEO of Red Hat, a security software company, gives some solid advice about earning respect inside a corporate culture.

Sustainability leaders may want to pay special attention to Whitehurst’s advice.

  • Show passion for the purpose of your organization and constantly drive interest in it. Even though you may have a TON of ideas on how your company can quickly change and make significant environmental gains, you should frame those ideas and the positive change they can create in language that speaks to the purpose of the organization itself. If internal stakeholders see sustainability programs as strengthening the business as a whole, and not just some ancillary reporting department, they will begin to respect sustainability’s role in the organization.
  • Demonstrate confidence. You may be asking employees who are not under your direct supervision to make changes to purchasing habits, reporting protocols, and behavior. You need to ask them with respect and confidence. Conveying confidence for a program that is supported up the chain-of-command will help establish you – and the programs you are implementing – will encourage others to follow your lead.
  • Engage your people. One of the biggest complaints about sustainability may stem from the top-down approach to change. Of course, you’re gathering the data, interpreting the reports, and making recommendations – but those who have to change because of a recommendation may come to see your role as an arbitrary rule imposer. As you look at programs and policies that affect department function or employee behavior, ask for input, ideas, and thoughts about how to implement change. You may get some great ideas from unexpected places.
  • Don’t be a know-it-all. You may know a bit about sustainability, but you probably don’t know a lot about the detailed work of the different functional areas in your company. By showing passion for shared company goals and values, being confident in your own role, and engaging people in different areas of the company, you will begin to build a positive reputation. But, you may also misstep. By “owning up” as Whitehurst says, you should frankly address when something doesn’t go as planned and help the team build a work-around together.

Managing sustainability is a difficult role in many corporate systems as sustainability is not a supervisory, but more of an advisory, department. This makes it even more important to earn respect with internal stakeholders. By doing so, you will really see the full effects of sustainability programs and help integrate sustainability into the fabric of the company’s culture.

Working on a tough sustainability project where internal stakeholders are pushing back? Let us know in the comments. 

Sustainability Consulting Round-Up: Best of Our Blog from January 2018

The SSC Team February 1, 2018 Tags: , , , , , , , , , , , , Strategic Sustainability Consulting No comments
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We try to post a new blog at least once a week, just to share our insights into the world of sustainability strategy and what it takes to be a sustainability consultant or professional today. Here are our most-read posts from November.

 

The Obstacles with Sustainability Strategy

 

Creating Partnerships Can Be Useful for Your Company

 

Is Vanpooling a Good Choice for Your Company?

 

 

 

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Where Sustainability and Boards of Directors Intersect

The SSC Team January 25, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
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With consumers and Wall Street continuing to put pressure on companies to be open about their sustainable practices, boards of directors are feeling the pinch. Investors certainly expect that board members understand and help prepare for challenges. Investing in sustainability is increasingly seen as a risk mitigation strategy, particularly now that it is clear that there is a connection between sustainable efforts and how companies perform.

There are a number of sustainability issues — climate change, water scarcity, labor inequality, product safety — that impact the bottom line. By understanding the impact of these risks on their companies and incorporating that information into the decision making process, boards can meet the demands of a growing number of investors around the world — and unlock real business opportunities.

This Greenbiz.com article, How to Build a Board that’s Competent for Sustainability, was an excellent round up of how to manage boards effectively when it comes to sustainability issues.

 

When an environmental or social issue impacts production and more, board members must respond. And it’s the job of the corporate staff, from investor relations to corporate secretaries to sustainability officers, to help the board become fluent in these sustainability risks — so that directors can understand why it matters to their business and what they can do about it. While some would say you could simple add a member or two to the board who is well versed in sustainable issues, a report recently release by Ceres suggest you should build a sustainably competent board.

 

How to build a sustainably competent board

Key suggestions include integrating sustainability issues into board recruitment and educating directors on sustainability issues and why it’s critical for them to engage with external stakeholders, including investors and experts on sustainability issues. The end goal is totally straightforward and by tackling material sustainability risks as a group, the board can ask the right questions, support or challenge management as needed and make knowledgeable decisions on strategy and risk.

 

There are other important elements that can assist in this process such as investor relations. Investors have long paid attention to board composition, including leading the charge calling for more diversity on corporate boards. Now that focus has grown to include climate competency, with major investors including CalPERS, CalSTRS, Blackrock and State Street (PDF) demanding that boards bring on climate-competent directors.

To work on this transition, the sustainability department and investor relations team can pair up to help educate directors when it comes to sustainability issues. They can prepare educational materials and sessions, report on material sustainability issues and discussion to boards and involve boards in materiality assessments, including ongoing updates of the business case for managing sustainability issues. Materiality assessments are particularly important. A growing number of companies are putting in place formal process to assess materiality sustainability issues. Board members should be involved in these processes to provide input, as well as to vet the results.

Finally, corporate staff can help the board engage with investors and other expert stakeholders on the topics important to the company through outreach to stakeholders or by creating advisory councils that have sufficient expertise to engage with directors and help brief and prepare board members for investor engagements on sustainability issues.

If a board wants what is best for the company, it’s clear that establishing a focus on sustainability issues will be good for business. Would you like help making the case to leadership on the power of sustainability, contact us!