Corporate Sustainability Strategies
Not all eco-strategies can be incorporated into a company's Eco-portfolio immediately. The widely practiced strategies include: Innovation,Collaboration,Process Improvement and Sustainability reporting.
- 1. Innovation & Technology
This introverted method of sustainable corporate practices focuses on a company's ability to change its products and services towards less waste production and sustainable best practices.
- 2. Collaboration
The formation of networks with similar or partner companies facilitates knowledge sharing and propels innovation.
- 3. Process Improvement
Continuous process surveying and improvement is essential to reduction in waste. Employee awareness of company-wide sustainability plan further aids the integration of new and improved processes.
- 4. Sustainability Reporting
Periodic reporting of company performance in relation to goals. This goals is often incorporated in to the corporate mission (as in the case of Ford Motor Co.). Page text.
Read more about this topic: Sustainable Business
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