none

IS YOUR BUSINESS ON THE PATHWAY TO A SUSTAINABLE FUTURE?

03-07-2017
by 
in 

Samantha Cross states the business case for sustainable development.

The United Nations Sustainable Development Goals (SDGs) define 17 goals to transform our world - the world in which we live and of which our businesses are an integral part. The SDGs were adopted in 2015 by more than 190 countries and provide a framework to address the global issues being faced, whilst also creating a wealth of new market opportunities. There is growing evidence that companies with a focus on sustainable development perform better.

The business case for sustainable development is strong. “It opens up new opportunities and big efficiency gains, it drives innovation and it enhances reputations. Achieving the global goals creates at least US$12 trillion in opportunities” and “to capture these opportunities in full, businesses need to pursue social and environmental sustainability as avidly as they pursue market share and shareholder value”. (Source: Business & Sustainable Development Commission Report 2017).

Goal 12, Responsible Consumption and Production, may be of particular interest to manufacturing businesses and to those involved across your supply chain. Seize the opportunity to experiment with new ‘circular’ economy, disruptive and innovative business models, to achieve this goal (and other SDGs) and create a more sustainable business.

Have you reviewed:

• Which virgin raw material inputs that are being used in your business could be substituted with alternative materials recovered from waste and by-products from other processes?
• What happens to the outputs from your process, including production waste, that may be of interest to others?
• Product stewardship and what happens to the products you manufacture or supply (and the associated packaging) at the end of their useful life?
• Which customers are factoring in sustainability criteria and other SDG elements into their procurement decisions?
• What your competitors may be undertaking in this space to create a competitive advantage, reduce costs, increase revenues or to meet the changing expectations of communities and customers?

If you are a business that wants to learn more about the Sustainable Development Goals or understand opportunities in the circular economy, visit https://sustainabledevelopment.un.org. Or for specific enquiries contact Cross Connections.

Cross Connections Consulting
0423 943100
www.crossconnections.com.au

 

Related news & editorials

  1. 20.06.2018
    20.06.2018
    by      In
    Everyone who uses any lab equipment to take measurements understands the importance of regular equipment calibration otherwise it can throw off the accuracy of your measurements.
    Most of the highly sensitive instruments that you use come with an assigned measurement tolerance as well as the... Read More
  2. 11.06.2018
    11.06.2018
    by      In
    As manufacturing industry transitions to a new world of assistive robotics, increased automation and ICT-enabled innovation, the Federal Government appears determined to position Australia at the forefront of change. The Prime Minister’s announcement this time last year that we were set to become... Read More
  3. 05.06.2018
    05.06.2018
    by      In
    For manufacturers to be successful in today’s landscape, they need to compete on value, not cost. With the accelerating pace of digital technologies and changes to customer demands, it’s becoming more important for businesses to focus on collaborative partnerships in order to remain competitive.... Read More
  4. 28.05.2018
    28.05.2018
    by      In
    There are big issues facing freight operators.
    According to Road Freight NSW CEO Simon O’Hara, infrastructure charges imposed by stevedores and National Heavy Vehicle Regulator constraints on truck weights for container movement are the two biggest challenges.
    O’Hara points out that truck weights... Read More