Sustainability Dr. Ron Lembke

What is “Sustainability?” The ability to keep doing something for the indefinite future If it’s not profitable, it’s not sustainable What allows a company to survive? Meeting customer demands Developing new products Keeping costs low

Treehugger Fringe

Industry Thinks it’s Important

Triple Bottom Line Economic Performance (Profits) “development that meets the needs of the present without compromising the ability of future generations to meet their needs” Brundtland Commission (1987) Environment (Planet) What is your impact on the planet? Society (People) What is your impact on people? Economic Performance (Profits) How are your profits? Measurement Clearer alignment to corporate strategy Long-term targets, measurement systems Transparent reporting

Corporate America Catches On GE – Frank Mantero, Director Corporate Citizenship Programs Investing and Delivering in Citizenship Audited, like financial statements 40% of value based on reputation It’s not “giving” back – it’s a partnership Wal-Mart Sustainable Supply Chain “We’re making money at this” 600% increase in carbon reporting consulting

Corporate Reporting

Conclusions Companies are increasingly taking “Sustainability” more seriously Exactly what does that mean? Stay tuned. More in the next talk.