Sustainable Business

SB March 2014

Sustainable Business magazine - essential reading for sustainability professionals

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need to embrace new approaches to sustainability and I am strongly committed to implementing the resources to manage this. In my opinion, leaders must advocate for the sustainability business case, and lead cultural change within their organisations – not only to address social and environmental issues but also to influence the wider business community. Innovation, collaboration and technology were also found to have an important role in the success of sustainability strategies. In the context of our changing environment, it is clear that tried-and- tested solutions can only get us so far. So we must accelerate the pace of change, and embrace new business models to drive breakthroughs in the next era of sustainable business. I've already seen some progressive companies doing this, and using disruptive approaches to extract real value from the green economy. For example, over the past five years, clean technology and circular economy services have grown by 24% and 18% respectively (BIS). In the world of big data, mapping and metrics are key to reducing environmental impact, and 74% of businesses are using innovative technologies to reduce their environmental impact. Online smart metering of water and energy use can generate large volumes of information – which can then be analysed – eliminating waste, driving efficiency and reducing impact. Blog Spot 2/3

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