Sustainable companies need sustainability strategies. The front-runners are fundamentally reimagining their businesses to turn sustainability into a core business advantage.
“It’s a race without a finishing line and there will always be opportunity to innovate in the field of environment, social, and, governance. There is no real finishing line.
We have studied more than 100 companies that are practicing Sustainable Business Model Innovation (SBM-I), a way of continually evolving business models for both economic advantage and social impact. We describe the four steps to generate sustainable competitive advantage.
“Purpose is what brings the idea of sustainability and sustainable business together. These are not two separate functions. They are one and the same.”
In today's context, a resilient and competitive business model must optimize for both business and environmental/societal value. Gauge your model against the six dimensions of E/S impact.
Use a nine-point robustness and resilience framework to determine if your business model can provide ongoing competitive advantage.
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