Sustainability in business: 3 common risks and how to tackle them – PART 3
Aug 20, 2015
Sustainability in business:
3 common risks and how to tackle them – PART 3
Becoming a more sustainable business is tough but....
...sustainability has stopped being a ‘nice-to-have’ and has become a ‘must-have’ for public sector supply chains.
In addition to the potential £100bn in annual productivity gains generated by innovations designed to address environmental and social challenges, companies can also improve their reputation, market position, customer engagement and resource efficiency by taking a sustainable approach.
*‘Fortune Favours the Brave’ report from Accenture, Business in the Community (BITC) and Marks and Spencer
So what are the risks to ensuring your own business makes the
grade for sustainability?
Risk 3: Losing motivation
Risk 3: Losing motivation
It’s been since six months since your company decided to become a sustainable supply and the buzz of an initial blue-sky planning stage has started to fade.
You are losing momentum
and your environmental and
social targets are taking a
back seat to revenue
generation.
Risk 3: Losing motivation
How do I tackle it?
Risk 3: Losing motivation
• Take stock of the achievements you have made and reassess your goals -remember, a small change is better than no change at all!
• Give yourself a break and realise it’s an ongoing process.
Risk 3: Losing motivation
• Rewards could be reducing the number of audits conducted or recognising hard work by entering some business award competitions.
• Scorecard your successes and reward your achievements.
Risk 3: Losing motivation
• Become a sustainability
champion in your sector – this will help maintain focus and build your company reputation.
Sustainability in business: 3 common risks and how to tackle them
Thanks for viewing! Make sure to check out PARTS 1 & 2 in our series
Follow @TrackerIntel on Twitter for more business insights