Tag <span class=strategy" src="/wp-content/uploads/2014/04/cropped-office-building-secondary-1.jpg">

Tag strategy

What “Sustainability Consulting” Is (and Isn’t)

The SSC Team September 20, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
matthew-kane-77216.jpg

Enjoy this post from the SSC Archives.

In today’s marketplace, sustainability consulting is a catch-all term, used to describe multiple professions. It is important for readers to pay careful attention when an author predicts the growth of the “sustainability consulting industry” since it can be defined in so many ways.

We believe that many of the firms that claim to offer sustainability consulting services are, in fact, offering something quite different. Sometimes it is a narrower subset of services (like energy auditing); in other cases it is simply traditional services (like public relations) focused on sustainability initiatives. 

So how do we define sustainability consulting?

In general, organizations purporting to offer sustainability consulting services fall into the following broad categories.

Sustainability Strategy: these consulting firms provide planning and strategy services—usually for an entire organization or division. Sustainability strategy firms help businesses use sustainability as a lens through which to make good business decisions. Their goal is to help clients innovate, gain competitive advantage, satisfy stakeholders (especially customers), and empower employees to integrate sustainability into their day-to-day jobs. This type of firm usually has staff with extensive training in management, business administration, organizational development, and/or change management. Example: Strategic Sustainability Consulting.

Technical Support: these firms focus on one or more technical aspects of sustainability, such as green building design and construction, renewable energy and energy efficiency, waste diversion and recycling, and water and wastewater services. Rather than help the company integrate sustainability into its overall business decision-making processes, these firms tend to tackle discrete projects within a facility or division. Their staff generally has engineering or other technical degrees. Example: ERM.

Testing, Auditing and Verification: these firms provide third-party review of sustainability data—either on a corporate/facility level or a product level—and may provide assurance, auditing, or verification services. A firm in this category may exclusively cater to sustainability data (e.g. third-party assurance of a sustainability report), but will often provide non-sustainability services as well (e.g. third-party assurance of annual reports). Example: UL Environment.

Visioning and Facilitation: these firms focus on the “big picture” of sustainability, working with clients to brainstorm and create new mental models for companies, communities, and societies. These firms tend to be smaller and more radical, since the market for their services is smaller and their goal is to push the boundary of “business as usual.” The principals of these firms come from a variety of backgrounds, but often have training in facilitation techniques like Open Space, World Café, and the Art of Hosting. Example: The Natural Step.

Sustainability Marketing: these firms help clients tell their sustainability story. They range from public relations firms to graphic designers, and have varying involvement in the crafting of the story versus the delivery of the message. Staff at these firms usually has marketing, advertising, design and communications degrees. Many smaller firms in this category will focus exclusively on sustainability marketing, but larger companies will often have only one division devoted to sustainability and focus most of its effort on other communication areas. Example: J. Ottman Consulting.

Sustainability Software: one of the fastest growing areas of the sustainability marketplace is the development and sales of sustainability software—including carbon accounting, EHS management, and sustainability reporting platforms. Many of these companies offer some kind of consulting support, but it is generally related to the set-up and implementation of the sustainability software. While there is some overlap between this category and the Technical Support category, we distinguish the two because the Technical Support companies generally provide a service (e.g. an energy audit) while Sustainability Software companies generally sell a distinct product. Example: Credit360.

Check out our past blog “State of the Sustainability Consulting Industry” to learn more on the background for these findings.

VERGE: Where Technology Meets Sustainability

The SSC Team September 11, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
joey-kyber-91823.jpg

Summer is over and it is time to get ready for the VERGE 18 conference and expo in Oakland this October. The conference is the platform for accelerating a clean economy and convenes a high-powered audience of more than 2,500 leaders who will explore scalable solutions at the intersection of technology and sustainability within three dynamic and influential markets: clean energy, transportation and mobility and the circular economy.

This year, there are three concurrent VERGE 18 conferences: VERGE Circular, VERGE Energy and VERGE Transport. Each one offers deeper, focused learning opportunities and networking experiences. 

 https://www.greenbiz.com/events/verge-conference/oakland/2018

 

Use a “Pitch Deck” Format for Your Sustainability Project

The SSC Team August 30, 2018 Tags: , , , , , , , , , , , , , Strategic Sustainability Consulting No comments
chuttersnap-481496.jpg

Enjoy this post from the SSC Archives. 

 

Investors and C-suite leaders are used to seeing pitch decks. They’re used to getting high-level information that is well presented, organized, and clear, and quickly analyzing it to ask the right questions.

If you bog your ideas or proposals down in data, as we sustainability professionals do love the data, you risk losing the attention of the decision makers and not winning the work or getting the green-light on your big idea.

Instead, consider crafting a pitch deck style presentation to get your idea off the ground. Entrepreneur published a 14-point checklist for investors, and we think it’s easily molded for any project-pitching presentation. Not all 14 are relevant here, but we pulled out the best ones!

1. Cover page.

If you are an outside consultant pitching a project, include personal contact information, logo, and business name to establish your identity. And even if you’re an internal employee, put your name and title on the front page (just in case someone in the board room spaces on your name. Save everyone the embarrassment).

2. Elevator pitch.

Briefly summarize the scope of the project, the goals, and the impact on the company, specifically in terms of this project’s alignment with the company’s strategy (or lack of strategy) in sustainability. Keep this part short.

3. Describe the problem.

Outline why you’re proposing this particular sustainability effort for the company in the first place, using peer benchmarking, risk profiles, and/or stakeholder pressure to demonstrate how this project is a “worthy investment.” For example, if you’re going for a life-cycle assessment for a small manufacturing firm or supplier to a major retailer, talk about supplier scorecards and stakeholder pressure.

4. Propose a solution.

Explain why this sustainability effort is the best next (or first) step toward a marked solution to the problem. Be realistic and don’t over-promise.

5. Competition.

Bring up other case studies from companies similar to the one you’re pitching and demonstrate how a project of this type has been successful to others.

12. Critical risks and challenges.

In a traditional pitch deck, you would want to “address every obstacle and stumbling block you can foresee,” but in this case use this area to demonstrate that the scope of work might grow or change based on discoveries along the way.

6. Market opportunity.

If you’re a consultant, be sure to point out what makes you different from the competition, whether it’s your extensive industry knowledge, your data collection gurus, or your long performance record.

11. Press mentions and accolades (and case studies or references).

Keep this short, but provide references or a case study that demonstrates your expertise.

9. Team (and budget).

Outline how many of the company’s employees will need to set aside time to support this project (or just the budget if you’re pitching as a consultant).

A solid presentation that is well organized and clear will get your point across quickly and give you more time to answer specific questions if the need arises.

We like to provide clear proposals to our clients to clarify and demystify the processes, benefits, application, and cost of services like life-cycle assessments and sustainability reporting. Although every company is unique, we have more than 10 years of experience delivering valuable results for a modest investment. 

Companies Collaborating Could Mean Everyone Wins

The SSC Team August 14, 2018 Tags: , , , , , , , , , , Strategic Sustainability Consulting No comments
ignacio-valdes-194612.jpg

In a rapidly evolving, globalized world, collaboration between companies has become inevitable and necessary. Corporate partnerships can create many mutually desirable outcomes, like fostering innovative and lucrative ideas, lowering overhead costs, immediately increasing available capital for project expansion, among others.

 

While the financial benefits of corporate collaboration have long been touted, these partnerships also have significant potential to impact our world for the greater good. Recently, several companies have banded together to form formidable forces against various environmental threats.

 

For example, the Fazendas São Marcelo cattle farm in Brazil has collaborated with other supplier ranches to address the significant deforestation in their area caused by cattle farming. Violaine Berger of GreenBiz describes this as a “jurisdictional approach”, as it engages stakeholders across entire regions or landscapes, rather than individual farms or businesses. By working together, suppliers can co-create joint sustainable land-use plans, which can “balance economic growth, social development and environmental protection and can attract new sources of finance” in their distinct locations.

 

Instead of competing, the Fazendas São Marcelo cattle farm and other farms like it, can reap the benefits of new buyers interested in satisfying consumers’ heightened demand for sustainably sourced beef, all while ensuring a long term supply for each of their businesses and helping to preserve vital ecosystems.

 

Similarly, the Global Salmon Initiative (GSI) challenges CEOs of salmon production and distribution companies worldwide to work together to reshape the farming industry to address a growing population and necessity for sustained food sources. The aquaculture industry faces the delicate task of satisfying an increased demand for protein, as well as producing it in a way that minimizes damage to the natural world.

 

The GSI allows companies to share best practices and strategize around shared sustainability challenges. They recognize that success of an individual company can in turn bolster the reputation of the entire sector. Due to this partnership, 40% of the GSI’s members have reached the rigorous ASC standard, meaning they are certified as environmentally and socially responsible producers and retailers.

 

Even large companies like Borealis, the world’s 8th largest plastic producer, are jumping on the sustainability collaboration train. Recently, the company partnered with other European packing corporations like Henkel and Mondi, as well as the German recycling firm APK, in attempts to solve the problem of recycling multi-layer packing. Although they are extremely popular due to their light weight and ability to extend shelf life, multilayer packages consist of layers of polyethylene, making them difficult to separate in ways necessary for reprocessing, resulting in substantial waste.

 

APK has suggested its its newcycling solvent-based system to separate the layers, while Mondi

has designed a low-density polyethylene and is hoping to test it on commercial products, including Henkel’s Persil detergent pods as early as next year.

 

Consumers are becoming more and more attuned to the ways plastics are contributing to pollution and companies are beginning to respond to meet their demands for change. By teaming up, these European corporations are able to join the ranks of socially-minded businesses doing their small part to protect our oceans.

 

When it comes to saving the planet, there is so much work to be done and there is no reason any one company should be trying to do it alone. Collaboration just makes sense. But why should the work stop at the environmental level?

 

Just as these companies did, surely strategic partnerships in other sectors should be able to address world sustainability issues like poverty, access to clean water and health care disparities. Putting competition on the back burner and prioritizing collaboration just might be the solution to our world’s biggest problems. 

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

The SSC Team August 7, 2018 Tags: , , , , , , , , , Strategic Sustainability Consulting No comments
elena-prokofyeva-17909.jpg

Enjoy this post from the SSC Archives. 

 

It's a common problem in sustainability consulting: how do you get employees to pay attention to sustainability and integrate social and environmental considerations throughout their job responsibilities and daily behavior? New research in psychology has some insight, and we're diving in for a closer look at how focus on values and virtues can help drive organizational success.

In 5 Reasons You Need to Instill Values in Your Organization, Jessica Amortegui outlines the connection between good intentions and effective transformation in the workplace. "It is an old truism: employees do not turn to written statements on the company intranet for clues about how to behave--they look to each other," Amortegui writes. "If your goal is to intentionally shape the actions and interactions of employees, you know the importance of creating a 'values-based' culture. However, you also know how difficult it is to implement one."

She further adds: "For companies to truly close the chasm between their stated and lived values, they must enter the human psyche to extract excellence from the inside-out, not dictate it from outside-in. This requires organizations to pivot their approach: rather than get people to live the values, they should focus on the values that live in the people. This taps into the innate qualities that exist across mankind: human virtues."

There a lot more great information in the article (read it in its entirety here) with many helpful links to additional studies and research, but what caught our eye was how Amortegui's thinking could easily be applied to the sustainability work we do with clients. Below, we take excerpts from her list (in italics) and add our own commentary on how it applies to sustainability-oriented change management.

1. Virtues Are a Workplace Game Changer

Amortegui: Employees who feel welcome to express their authentic selves at work exhibit higher levels of organizational commitment, individual performance, and propensity to help others.

Just as Walmart found with their Personal Sustainability Projects, allowing employees to identify a sustainability-related behavior that was personally relevant and valuable was instrumental in creating corporate-wide momentum. Consider how you engage employees -- are you making it clear how "green" opportunities and expectations in the office allow them to bring their most authentic selves to the job?

2. Virtues Lead To Growth Of The Whole Person

Amortegui: The ideal company makes its best employees even better--and the least of them better than they ever thought they could be. Employees are not just looking for the best places to work. They want to join the best places to grow.  

Find ways to tie sustainability goals into personal growth opportunities. Whether it's allowing employees to practice a hands-on skill (how to build a rain barrel or the basics of composting), develop speaking skills (hosting brown-bag workshops on green topics), or engaging with senior managers (participating on the Green Team), make sure that you cultivate a clear link between the initiative itself and the opportunity it provides for participants.

3. Virtues Lead to Greater Onboarding Success

Amortegui: When companies emphasize newcomers' authentic best selves, versus an organizational identity, it contributes to greater customer satisfaction and employee retention after six months.

Start talking about the opportunities for employees to exhibit their personal values by contributing to the company's sustainability efforts from day one. Include an overview of your sustainability goals and strategy in new employee orientations.  Find out how their personal interests and virtues align with the organization and invite them to participate accordingly.

4. Virtues Improve Engagement

Amortegui: Two of the most important predictors of employee retention and satisfaction are reporting to use your top strengths at work and reporting that your manager recognizes your top strengths. 

The more that mid-level managers understand and communicate sustainability goals and priorities to their staff, the easier it will be for employees to "get" how their individual job responsibilities play into the larger picture of organizational sustainability. Provide the training and leadership needed to get managers to 1) understand, 2) communicate, and 3) recognize sustainability potential in their departments. 

5. Virtues Increase Self-Awareness

Amortegui: Organizations that realize this potent potential for human excellence will transcend their current cultures and create a greenhouse effect: shining brightness on what is best about their people while cultivating the conditions for any organizational value system to live, breathe, and flourish.

There is great knowledge within your workforce about the practical realities of achieving sustainability in the workplace, within your industry, and in your community. Companies that tap into that knowledge on a regular basis will find that they reap a myriad of rewards: enthusiasm, morale, expertise, and engagement. Why not take advantage of it!

Want to read more about employee engagement? Check out another article we wrote on the subject for 2degrees, Three Ways to Engage Non-Wired Employees.

Thanks to 2degrees for publishing a version of this article!

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

The SSC Team August 2, 2018 Tags: , , , , , , , , , , , , Strategic Sustainability Consulting No comments
diego-jimenez-258119.jpg

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 July.

 

Big Businesses Making Smarter Sustainable Choices

 

Motivate Your In-House Team to Meet Your Sustainability Goals

 

Why Standards Would Benefit the Green Finance Industry

 

Facility Managers: Putting Energy & Sustainability Practices to Work

  

If you like an article, please consider sharing it online via your favorite social media platform. Helping us grow our audience is the #1 way you can show your support for the work that we do.

Why Standards Would Benefit the Green Finance Industry

The SSC Team July 26, 2018 Tags: , , , , , , , , , , , , , , , Strategic Sustainability Consulting No comments
sergio-rola-39245.jpg

It’s safe to say we all agree that green efforts in any industry should be applauded and the same is true when it comes to finance. But while a desire for green finance continues to grow worldwide, how can investors and issuers best identify and evaluate risk when the industry has no standards?

It’s clear that the industry is seeing major growth. In 2017 the issuance of labeled green bonds (PDF) jumped to nearly $160 billion and the self-labeled U.S. green bond market more than doubled, powered by a mix of municipalities, states and large corporations. But as these new and innovative financing options are being established, it seems increasingly important that some mandatory standards be created to guide those working in the industry.

Standards in the world of green finance would be beneficial for both investors and for issuers. For investors who are building their green portfolios and need assurances of best practice and reliable ways to monitor the quality of green instruments — regardless of which geographies or industries they invest in — a sense of best practices and who is meeting them would clearly help with decision making. When it comes to issuers, common standards would clarify options in terms of issuance while also ensuring that deals are being appropriately structured and reaching the right investors for each project.

Standardization also serves to enable innovation because it establishes a level playing field. While ING was first to issue a sustainability rating-linked loan, they have since observed that other banks have embraced different set-ups. Five years ago, Climate Bonds Initiative (CBI) and the International Capital Markets Association (ICMA) both set out to establish a voluntary set of guiding principles for participants.

The framework from both organizations was focused on the process that needed to be followed when issuing green bonds: how issuers should describe the allocation of proceeds to investors; how a second opinion should be obtained; and how they should set about reporting in a transparent way.

And as a way to help kick-start the market, these served as helpful principles that could reassure investors and facilitate the uptake of green bonds, without being overly prescriptive about the use of the finance.

But the market has greatly expanded since 2013 and questions related to the use of green bond proceeds — their so-called "content" — have inevitably arisen: Which projects will qualify in specific sectors? Where should the boundaries be set? Where should classifications lean towards green or social bonds?

While CBI and ICMA with the input of other banks and stakeholders have continuously refined their earlier standards, the fact that the principles remain voluntary means that issuers do not need to follow them. On the flip side, if the standards around the industry become too settled, it will be difficult for the market to support the wide range of investor who would like to participate.

Who are these investors? Well the green finance industry has groups coming from varying green backgrounds, including investors with dedicated mandates for green bonds, investors with diversified portfolios that include pockets of green, and investors who find green bonds attractive but don’t have a dedicated mandate in place.

Because of their varying levels of commitment to being green, the investors might have different standards. Those with a dedicated green mandate are going to put potential issuers under much higher scrutiny than others.

And this is where there is a fine line to maintain between what investors want and expect, and what issuers want and need. It’s simply a fact that different industries are moving at different speeds when it comes to sustainability and different industries will face distinct challenges along the way. Within the investor community, there are a range of perceptions about standards and the various investment opportunities available.

Chief executive of the Loan Market Association, Clare Dawson, summed up the need for green finance standards perfectly, "With any new market, establishing a general framework for the product such as the Green Loan Principles (GLPs), which we recently launched, is beneficial as it helps create a common understanding of what people are looking at. We will be seeking to develop the GLP further to accommodate a wider range of loan structures, including revolving credit facilities, to maximize the number of borrowers able to take out green loans."

While issuers and investors have managed admirably with a voluntary patchwork of existing guidelines this far, a fresh set of commonly adopted standards will be the key to allowing green markets to expand. If these standards put the emphasis on process over content, it should create better conditions for green markets to thrive in future. And that’s great news for everyone.

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

The SSC Team July 3, 2018 Tags: , , , , , , , , , , , , , , , , , , , , Strategic Sustainability Consulting No comments
quinsey-sablan-13806.jpg

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

  

If you like an article, please consider sharing it online via your favorite social media platform. Helping us grow our audience is the #1 way you can show your support for the work that we do.

Mining Companies Can Care

The SSC Team June 5, 2018 Tags: , , , , , , , Strategic Sustainability Consulting No comments
sven-van-der-pluijm-37716.jpg

When it comes to the mining industry, we know that there is a lot at stake for the environment. However, we don’t often think about mining companies as business that care about sustainability.

While fossil fuels and mining companies tend to be dismissed as unable to create sustainable strategies, but many companies in the mining industry are trying to mitigate their impact.

At Strategic Sustainability Consulting we have worked with mining companies, like Teck Resources Limited and a global resource leader in Scandinavia.  

 

Through our work with natural resource companies, we helped to identify emerging sustainability trends and best practices in the mining industry. The result of which has been that Teck has garnered national and international attention for its sustainability performance. In fact, in 2017 they were recognized among the best of their peers for social and environmental responsibility.

 

Mining companies can care.

 

And in an industry this big, with heavy materials circling the globe and creating significant environmental impacts, it’s vital that those in the sustainability field continue to push for more companies to embrace changes like Teck.

 

While the traditional corporate responsibility agenda has required that mining companies work with greater transparency and coordinate with local communities during the life of their projects, the sustainability agenda for mining is getting broader. For example, the industry itself has so much to lose if they do not try to understand and manage global trends, including the intense pressure their business is putting on the world’s very limited natural resources.

 

With alternative energy solutions taking off, we might think there is less need for mining, but as the population continues to increase (we are closing in on 9 or 10 billion) — and more and more of us have disposable income, our demands on these resources just keep growing. Unfortunately at the same time the demand is rising, the richness of ores (the “ore grade”) has been in long-run decline for most elements. Copper ore grade is down from 4% a century ago to well under 1% now (and falling). Copper mining isn’t just affected by natural resource pressures; it embodies natural resource constraints.

 

With all this information available, we must continue to monitor mining companies and encouraging them to engage in more mindful practices that can lessen their negative impact on the world around us all. 

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

The SSC Team May 31, 2018 Tags: , , , , , , Strategic Sustainability Consulting No comments
derek-liang-262636.jpg

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 May.

 

Sustainability Strategy Isn't a Checklist

 

Data or Your Gut? Understanding Your True ROI

 

3 Questions to Make Sustainable Decisions

 

5 Minute Video: Making Your Business Case for Sustainability

  

If you like an article, please consider sharing it online via your favorite social media platform. Helping us grow our audience is the #1 way you can show your support for the work that we do.