Mainstreaming Corporate Sustainabiily
‘ray busines & fun around the globe. Polman stated as follows (Con-
fino, 2012)
‘Amongst business there is naw a critical mass forming around
deforestation and energy for ell, = companies say we cannot
fontinue like this. We are entering a very intresting period of
Fistory bere the response Business word i running ahead
ff the politicians. The political climate is very dificult and to
‘Some extent paralyzed Over the next two to three years, 1 be
Fieve there wll be enough cltical mass with groups of countries
fan companies stating tangible projets. As with many change
programs, when you ereate some sucters around some specie
tangiote projects, will attract dhers. There are leaders an fol
Towers and laggards in everthing
[As with the MIT & BCG embracers versus cautious adopters, the em
‘pacers ae lending the charge and driving innovation, pulling the est of
the fitd slong, The cautious adopters will seed to catch up or they may
be lett hopelessly behind
Customizing the Business Case
very company needs to adapt its reasoning for sustainadiity to fit with
its own operation cll, od vision. But this dowst have tobe done
.
‘Thete are many guides and tools available, bn ane resource that sve
early. writen and that har boon well vetted was developed by the
SIGMA Proget in 2003, The Sustainability Integrated Guidelines for
Management (SIGMA) Pisjct was organized in 1909 with the support of
the UR Department of Trade and Intaty It wa lel by three organise
tions: the British Standards latttion, a leading standards organization
Forum forthe Fotute,# lading sustainabulty charity and think tanks
land AccountAbiity. an international profesional body’ for accountabli=
iy.
‘The SIGMA Business Cace Too! (2008 offers clear step-by-step process
for customizing a business case for an organization. It includes inks 0
ther SIGMA publications ord planning documents to provide 9 more
robust planning press.
‘Business Case for Surtoinabi
The SIGMA Business Cace Too! outlines a ivestep process (p34
Understand he sgifcntmpacts
coi hey soeholerisues
Mae it rekvat ink opportune a isk fom t and 2
Back tap provide examples an ca)
Keep i amie ond ate (ke srw onpnizaiona pn
are updated and are connected to processes) 7
In aon thei eps he sins Cs To cont cha
plus examples of inpct aren risks, an! opportanitcy Is hs
tool that can aby
that ean lp am orgniation ge str ling to anaes
Teste ane and evs comprehensive SNS
Challenges
‘The 2009 MIT & BCG survey uncovered thre main challenges faced by
companies adopting a business case. They include (p. 17}
1, Deeg frstng hat is fod pial oe
, pct oe ect
ss an compen cred nth thot ren ur
returns and fr many sistinaby eft longer erm perpe
tive is needed, 7 re sins
2 Undetnting and earn the acl fis of hres: Som
companies tuple tentiy and mesa al hen contol cre
the tangible eile of thr ssi ert et alone the Fe
site ones. Thove serous about satan are wiling in
‘says to quanti the lv tangible cts ado gn abt er
Standing the ole
3. Bega pl non aren ftcreny Most tana state
pling on ay onl pdt fs ater he
Pementation of certain statics. For many sutra efforts
the effets are ess etin~fture regulation, customer station
market demand, as examples—and st takes a ifleen kid
‘Pang a sate tamer to nperent hese plane
‘The MIT & DCG team recommend an updated framework to meet these
laser Dp i figure 3.2 wt ss ta os company
jectives can be sorted among cifert timelines, thereby helping to
pHlotize and plan acca
Pose