Sustainability Strategy for Businesses: Design Your Vision for a Green Future with Us
Roadmap for SCM and Procurement
If businesses are to meet the expectations of internal and external stakeholders, as well as regulatory requirements, it’s important for them to define sustainability targets. Sustainability work means greater employee satisfaction, better credit conditions, greater interest from investors, and more efficiency, all of which boosts a company’s success. Sustainability targets define where a business wants to go, while a sustainability strategy describes how those targets are actually going to be met. Up until now, most businesses have voluntarily defined their own sustainability targets and strategies. But from now on they will be increasingly forced into action by regulations (such as CSRD) and sustainability reporting.
If you want to successfully establish a sustainability strategy in your business, you will face the following questions, among others:
- How ambitious is your company about its sustainability and where does the competition stand?
- How can a company-wide sustainability strategy be integrated pragmatically and efficiently in supply chain management and procurement?
Our experts will help answer your questions and develop the right sustainability strategy for you.
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The Relevance of Sustainability
More and more different stakeholders are demanding sustainability. Developing and implementing a comprehensive sustainability strategy is therefore not only necessary to fulfill regulatory requirements, it is also desired and increasingly demanded by other partners.
- Clients: customer preferences are shifting towards sustainable products and services
- Investors: more and more financial flows are being used for sustainable purposes
- Governments are demanding more sustainable business practices
Other reasons why you should integrate an efficient sustainability strategy into your business model include:
- Value enhancement: you concentrate on the “right” action areas, because your work is focused and strategically aligned, pursuing only those initiatives that contribute to achieving your sustainability goals.
- Confidence: you ensure that the focus is always right, and you can always demonstrate to your Executive Board and departments, as well as external partners, that your business is permanently engaged in a sustainable value chain.
- Reputation: you enhance the reputation of your business, because you’re targeted and transparent, so you really help to achieve the sustainability success you’re looking for.
- Workforce satisfaction: greater sustainability performance leads to greater employee satisfaction.
- Innovation: the introduction of new technologies positively impacts future innovative ideas.
- Efficiency increases and cost savings: targeted sustainability activities reduce costs, such as by reducing energy consumption and making it less expensive to obtain emissions certificates.
- Improved stakeholder management: by tying stakeholders closely into your own sustainability work, you can build close, lasting partnerships.
Sustainability: Things You Should Communicate
It’s becoming increasingly important for businesses to be publicly transparent about their sustainability work. This communication needs to happen internally and externally. How you publicize your company’s sustainability practices will depend on whether there’s a comprehensive sustainability strategy already in place or not. If not, you need to communicate which sustainability activities have already been initiated (even if small), and which you still plan to pursue. Your business should also make plain whether it aims to establish a sustainability strategy. Generally speaking, a transparent approach will identify areas of activity that establish a clear link between your business model and sustainability aspects.
Competence and Expertise — We Can Implement a Sustainability Strategy for Your Business in Three Steps
We assist you in defining the sustainability strategy that fits your company, with clear goals and actions and a definite execution roadmap. Based on best practices and numerous projects, we help you to successfully start and significantly accelerate your company’s sustainability journey.
Always with an eye on the leading sustainability reporting standards and frameworks such as the Global Reporting Initiative (GRI), Greenhouse Gas Protocol (GHGP), and Science Based Targets (SBTi). As sustainability drivers within your business, supply chain management and procurement play a key role in achieving sustainability goals.
We help you to improve your sustainability performance along your entire value chain in these seven dimensions:
We look forward to hearing from you.
HÖVELER HOLZMANN - a valantic company
Bahnstraße 16
40212 Düsseldorf
Tel.: +49 (0) 211 - 56 38 75 - 0
Fax: +49 (0) 211 - 56 38 75 - 69
Mail: info@hoeveler-holzmann.com