Rothy’s has also committed to using recycled materials to package products, and it’s partnered with the Envira Amazonia Project to conserve tropical rainforests and offset the carbon emissions released during shipments. Here are some examples of the diverse environmental initiatives taking place around Sydney. “Which is why we knit our styles to shape with recycled materials like plastic water bottles.”. In fact, they are number three in the world on the Corporate Knights’ Global 100 list of the world’s most sustainable corporations. The company published their first GRI report in 2006, and, since then, the company has been able to review and disclose key sustainability performance indicators. 2. 7. eBay Eco-Initiatives Neste Corporation refines and markets oil out of Finland. Self-paced programs (with deadlines) are offered on the HBS Online course platform. To only use plastic packaging that is reusable, recyclable, or compostable by 2025. Harvard Business School Professor Rebecca Henderson seeks to debunk the myth that sustainability isn’t a wise investment for organizations. Moreover, Nike has pressed 650 of its suppliers in 52 countries to develop and implement written environmental policies. Help your employees master essential business concepts, improve effectiveness, and Wal-Mart Stores, Inc. (), McDonald’s Corporation and many of the true corporate giants have named sustainability as … The biogas stoves replaced firewood and charcoal fires, which were releasing harmful CO2 into the environment and causing Kenyans who were standing over the fires cooking—namely, women and girls—to experience detrimental respiratory issues. You can also help the environment by using less paper waste and going digital. On its website, Rothy’s details the process of how used plastic bottles are sliced, pressurized into pellets, and spun into thin, durable thread before they’re knit into shoes, bags, and face coverings. Some candidates may qualify for scholarships or financial aid, which will be credited against the Program Fee once eligibility is determined. Sustainability Initiatives; Examples of Initiatives; Examples of Initiatives Environmentally-friendly buildings. Some of the biggest competitions in the world are making changes and turning themselves into sustainable sporting events.Here are some examples according to the United Nations' Environmental Programme (UNEP): 1. Urban farming in allotment gardens has long been a popular pastime among Swedes, in many corners of the country. The sports-gear multinational integrates sustainable design across its product portfolio and created the Making app in 2013, allowing the data in its materials sustainability index to be public. By choosing to purchase products and services from brands working toward environmental and social sustainability, consumers can make a significant impact. The first step? These 10 eco-friendly initiatives have since become the norm for hotels looking to offer more sustainable services. 3 Examples of Sustainable Tourism Initiatives. GLP J-REIT owns facilities with various environmental performances and has been eagerly introducing environmentally-friendly equipment such as LED lights. Common sustainability efforts include recycling and burning used vegetable oil for energy. The company is going even further by partnering with the U.S. Green loans are given to environmentally-focused projects and a third of Banco de Brasil’s loan book consists of green loans. Deciding on a path to sustainability and getting the training your workforce needs to get there. Things like, power down equipment at the end of the day and enable energy savings settings on all computers and desktops, are examples of policies that can support the cause. The need to come together and work toward collective change has never been more pressing. A total of three initiatives for prevention of adolescent pregancy and three initiatives for prevention of adolescent substance abuse in Kansas were studied. Copyright © President & Fellows of Harvard College, HBS Professor Explores the Impact Purpose Can Have on Your Organization, 5 Tips for Formulating a Successful Strategy, 3 Examples of Corporate Social Responsibility That Were Successful, reads a statement on the company's website, You can apply for and enroll in programs here, Reduce carbon emissions by at least 45 percent by 2030, Transition to 100 percent renewable energy by 2050, Divest fully from the fossil fuel industry, Stop deforestation of old-growth tropical forests, Ensure support for developing countries’ mitigation and adaptation. 1. Maybe your company’s budget doesn’t run into the millions, but these examples of corporate sustainability initiatives will inspire you to consider what you can do. In 2014, Bank of America launched the Catalytic Finance Initiative, which has directed $10 billion to investments deemed too high risk by many standards but ultimately worked toward the United Nations’ sustainability goals. Its line of sustainable products is made using environmentally preferred materials like recycled polyester. 8. One such great initiative is the Lane Cove Community Garden at Hughes Park. Provide training for your employees on sustainability. If you are new to HBS Online, you will be required to set up an account before starting an application for the program of your choice. We need to have day-to-day actions aligned with policy in order to achieve our outcomes. This includes reaching out to and encouraging suppliers to make more sustainable choices. They are also aiming for a 90% recycling rate, too. A simple way to implement this is to hold “lunch and learns” where you either bring in a speaker, share a video, or facilitate a discussion on a topic related to sustainability. Rothy’s. The applications vary slightly from program to program, but all ask for some personal background information. After submitting your application, you should receive an email confirmation from hbsonlinesupport@hbs.edu. Related: 3 Examples of Corporate Social Responsibility That Were Successful. This includes supporting the work of universities and other research programs focused on sustainability. Less money is also spent at the store. You might consider eBay the godparents of all other corporate sustainability initiatives. No, all of our programs are 100 percent online, and available to participants regardless of their location. Less gas is spent for store trips and transportation from different countries and fields. Regardless of your company’s goals, here are 12 examples of corporate sustainability initiatives from 2020 to get you started. 7. This implies that your decisions, partnerships and supply chain are all strategically created to complement your greater sustainability initiatives. North. Speaking of the top 100, Prologis is the only real estate investment trust to make 2020’s list. Everyday Sustainability Initiatives and how the three pillars are interrelated: Plant more fruits and vegetable gardens around the house reduces agriculture pollution in waterways and reduces water treatment costs. For instance, following the death of George Floyd and the new wave of Black Lives Matter protests in June 2020, Yelp reported a 7,043 percent increase in support for Black-owned businesses on its platform. One example of a company with sustainability at the heart of its strategy is Rothy’s, a retailer that uses recycled plastic bottles as a production material for shoes, bags, and, recently, face coverings. We accept payments via credit card, Western Union, and (when available) bank loan. The company outlines global goals for everyone to work toward, including: The company’s goal is to use 100 percent clean energy by 2025, which it’s on its way to accomplishing through solar panels, bio-digesters that turn emissions into clean energy to power ice cream plants, and new green freezer technology. Promoting Sustainability of Community Health Initiatives: An Empirical Case Study describes an empirical study of strategies used to promote sustainability of community health initiatives. Develop Sustainability Work Policies. It can be helpful to have examples of corporate sustainability initiatives to look to for inspiration. expand leadership capabilities. The success of companies and products funded by the initiative has paved the way for greater cash flow to projects that positively impact the planet. The hallmark of this type of initiative is a change that demonstrates the company's concern for the protection of today's environment for future generations. Here are five examples of businesses with successful sustainability initiatives to inspire your organization’s strategy. It’s hard to believe that a company that uses plastic as its primary material would offer any good examples of corporate sustainability initiatives, but here we are. When the U.S. Supreme Court ruled that corporations were legal persons (citizens), protected by the Constitution, the concept of corporations being “good citizens” was elevated to a voluntary level. Sustainability initiatives are changes to business practices that a company adopts to decrease its negative impact on the environment. Sustainability initiatives can be challenging to measure because savings or returns may be divided across different parts of the business, and some benefits, such as an improved reputation, are indirect. You may not recognize the name, but Chr. It’s hard to believe that a company that uses plastic as its primary material would offer any good examples of corporate sustainability initiatives, but here we are. 12 Examples Of Corporate Sustainability Initiatives To Inspire Your Goals, 50% of its research and development budget. Explore our three-week Sustainable Business Strategy course to learn how to create shared value at your organization. Our platform features short, highly produced videos of HBS faculty and guest business experts, interactive graphs and exercises, cold calls to keep you engaged, and opportunities to contribute to a vibrant online community. Develop eLearning experiences from program planning to launch, Grow your training team with our expert guidance and support, Discover new learning approaches, technologies, and opportunities, Craft precision microlearning programs for training in the flow of work, Provide on-the-job support, where and when they need it most, Deliver training and performance support with learning-on-location tools, Rapidly deploy virtual-led programs for your remote workforce, Explore workplace AR tools like object recognition and 3D training, We are a boutique, end-to-end solution for your training needs, Work with the experts in online and mobile corporate learning, Find inspiration for your next employee training project, Discover how we crafted engaging learning experiences for clients, As Kermit once said: “It ain’t easy being green.”. AstraZeneca partnered with Kenyan company Biogas International and the University of Cambridge’s Institute for Sustainability to install biogas stoves in rural communities in Kenya. Known more for its high-intensity, high-tech launch spectacles and factories in China than its environmental sustainability, Apple is committing to mediating the effect of climate change in some of the hardest hit areas. This site is protected by reCAPTCHA, and the Google Privacy Policy and Terms of Service apply. It all starts by making sure that the company has an environmentally-friendly mission statement. While often expensive, running a sustainable business can pay off in the long run—both financially and environmentally. 7. eBay Eco-Initiatives. Learn about events on campus, tips & tricks to be more sustainable, and other sustainability related concepts. “If it’s melted, it’s ruined,” reads a statement on the company's website. Access your courses and engage with your peers. Hansen Holding has their metaphorical fingers in nearly every bite of food you take or drink you sip. Although lofty sustainability goals cost money to implement, strategizing for sustainability can pay off in the long run in the form of product sales and employee retention. This is just the first step in their commitment to completely erase plastic from their supply chain by 2021. Keep up with current news. Their board of directors is made up of 40% of people who identify as women. From their sustainable energy sources to their farmer’s markets to the herds of goats that trim their grass, you don’t need to search hard for Google’s corporate culture of sustainability. Learn how completing courses can boost your resume and move your career forward. “It’s true for ice cream, and it’s true for the planet.”. Apple also runs on 100% green energy at its production facilities, relying on wind and solar power instead of fossil fuels. In all cases, net Program Fees must be paid in full (in US Dollars) to complete registration. Keep up to date on learning industry news and the latest EdgePoint offerings. LEGO. Talk about putting your money where your mouth is. Harvard Business School Online's Business Insights Blog provides the career insights you need to achieve your goals and gain confidence in your business skills. The recently announced cooperation between SAS and Airbus to develop electric aircraft is an example of a larger long-term partnership. Sustainable Initiatives The University of Iowa officially transferred management of its utility system to ENGIE North America on March 11, 2020. Manage your account, applications, and payments. “Every minute, one million water bottles are sold globally,” the company states on its website. With more than 460,000 employees, China Mobile Limited is the largest mobile telecommunications company in the world. Consumers contribute to causes they care about by “voting” with their dollars. “As a food company, many of the partners in our value chain, including our fair-trade suppliers in the global south, are at real risk from a warming planet,” the company states on its website. The company also uses renewable energy sources in manufacturing. educational opportunities. These trees “scrub” carbon from the atmosphere and protect the coastlines from erosion. Corporate sustainability goes beyond the buzzwords and drives changes to lessen the impact of your business on the planet. Procurement Services have played an important role in the implementation of the University’s Paper Use Policy (2005). Three of the below initiatives are examples of how sustainable tourism can best support developing communities. Postal Service to provide green shipping options and also offering local places to sell goods to further reduce the environmental cost of shipping. Their ultimate goal? “Every minute, one million water bottles are sold globally,” the company states on its website. Develop sustainability policies and procedures to reinforce the efforts. Corporate sustainability has become a buzzword in companies big and small. The Ben & Jerry’s website features facts about the current state of climate change, how it disproportionately impacts underserved communities, and a list of ways to combat it. 76 Discuss Examples of Major Sustainability Initiatives . Koloniträdgårdförbundet (the Association Sustainability encourages businesses to frame decisions in terms of environmental, social, and human impact for the long-term, rather than on short-term gains such as … About putting your money where your mouth is of our programs are 100 online. Were Successful put more money towards sustainability any other bank our three-week business. 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