As sustainability moves up the management priority list, it is increasingly being integrated into organisations’ strategic planning. Management now needs to balance increased regulation, ensuring stable supply chains and financial survival with seeking opportunity for enhanced performance and using the sustainability agenda for strategic advantage.
A sustainability strategy enables the organisation to integrate environmental, social and economic considerations in its governance framework and business strategy in order to create sustainable value for all its stakeholders.
Developing and integrating a detailed sustainability vision into your long-term strategic plan in a way that creates lasting value whilst also building stakeholder trust and support is a challenge for all types of organisations.
ESS employs various ways to integrate sustainability in business strategies:
- Identify your sustainability issues and goals to determine where the focus is likely to be and raise awareness of what needs to happen to make your business more sustainable
- Prioritise these issues from both a sustainability and financial point of view to assist the organisation in recognising and improving its risk management, efficiency, revenue potential, growth and other opportunities
- Map the short and long-term targets for your sustainability issues
- Support the alignment and integration of your sustainability focus areas into your overall corporate strategy
- Develop and deliver a comprehensive sustainability strategy and plan
- Develop management plans for identified sustainability issues
- Formulate objectives, targets and key performance indicators for sustainability issues
- Evaluate measuring and monitoring systems