There is No Business Case for Business-As-Usual!
In these difficult times, fortunately, at the company level, operating with sustainable business principles integrated into core systems will not only eliminate or reduce certain costs, but will also deliver many tangible wide-ranging benefits. Even putting to one side the wider benefits to society, the natural systems on which we depend, and, therefore, to every one of us as individuals, the basic Business Case for action is overwhelmingly positive:
From appropriate, credible and optimised demonstration of progress
Per unit of output, options / efficiencies are rarely optimised; circular models overcome finite supply issues and increasing cost
Younger generations are increasingly choosy about who to work for, as well as who to buy from
Eg. from circular, more efficient and/or reduced supply chains
In the face of increasing uncertainty and disruption
Increasing productivity, reducing absenteeism and enhancing innovation
Through ability to demonstrate management of risks
Eg. from incidents or other non-compliances with H&S and environmental regs.
Business-as-usual is falling behind! Delay will raise costs and reduce benefits……..
And at a national level, as an economic reality check……..
2017’s US hurricane season could, crudely, be used as demonstration that societies cannot afford to continue under-achieving on their climate action commitments – the US National Hurricane Center reported losses of $ ¼ Trillion (Hurricane Harvey $125 billion, Maria $90 billion, Irma $50 billion). The most positive transition pathways need to be identified at every level!