Sustainability is THE new business imperative

Nearly 200 professionals from throughout Europe, North America, Asia, Africa and Latin America participated in what has become one of the best events to learn about using life cycle information to improve both your company’s and your products’ sustainability performance. Building on the first Symposium where the focus was on LCA and carbon footprint, this years symposium illustrated how far the companies have advanced in integrating life cycle information into their core business practices. Below we share the key take away messages from a day full of insightful, candid and inspiring presentations.

Sustainability is THE new business imperative

Almost all of the speakers spoke about how sustainability is no longer just the right thing to do, but how it is THE new business imperative. We heard about the role that institutional purchasing, greener buildings, and retailers are playing to create a pull for both sustainable products and for sustainably managed firms. Les Hayman addressed this in his opening presentation which put sustainability in a global context, showed how business is different today as a result of these developments and ultimately how sustainability is and will continue to be a driver of business effectiveness and competitiveness.

Sustainability is a journey

Sustainability is not a destination where you know when you get there and you are done. Instead sustainability requires a continuous examination of where you interact with the environment and society to identify how best to reduce one’s risks and capture ever changing opportunities. Presentations by Unilever, Johnson & Johnson, Disney and many more demonstrated how companies are continually evolving and innovating solutions along their journey regardless of where they are. Further, the success stories of leaders were often tied back to their beginnings emphasizing the importance of ‘starting’.

The triple bottom line is essential but not sufficient

We heard throughout the day from companies like Daimler, Tesco, AkzoNobel, to name a few, that to ensure long term alignment and improvement in their sustainability goals, they must have efforts underway in economic, social and environmental fronts. However, they also spoke to the importance of these operating within a governance/management framework (e.g. senior leadership support, strategy, programs (DfE), tools (GaBi, i-reports, PLM, scorecards), and foundation data). The framework ensures continual improvement, commitment, engagement of a broad set of internal actors and alignment of corporate activities all of which are critical to maximize the success of any sustainability effort.

We are moving beyond understanding to improvement

Throughout the day speakers such as  Siemens, Zumtobel, Puma, etc. spoke to the informed actions that they and their companies were taking. Consistently this involved translating an understanding of life cycle impacts into specific actions and actionable tools to support improved decision making (e.g. material selection, supplier management, marketing, etc.). 

Standards and regulations continue to play a key role

By providing a means of measurement and a level playing field standards and regulations help companies to move along their sustainability journeys; as well as, to provide direction for future efforts. Presentations by WBCSD and The European Alliance to Save Energy showed the power these can hold, the responsibility – and benefit- sustainability leaders have in driving these forward, and the paths to participation. 

There is a growing awareness of use stage and consumer behavior impacts

Sustainability efforts particularly in the environment and human health protection have traditionally focused on upstream manufacturing processes. However there is growing awareness of the relative scale of consumer use impacts in a variety of sectors. Addressing the impacts of one’s customers will require tools and techniques to engage, educate, and include them in reducing impacts across the value chain. Fortunately, there is a growing body of best practice to draw upon from a variety of leaders – many of whom spoke at the symposium. 

Finally to achieve true change requires alignment of many elements of business management

From studies by change management experts  and confirmed by our experience - we have found that effective change requires a vision, skills, incentives, resources, and action plans. Without all of these we often get confusion, anxiety, gradual change, frustration, and false starts (Figure 2). As demonstrated throughout the day these elements are critical in internal efforts and if anything even more so when striving to achieve change across the value chain and its variety of actors.

Symposium 2012, Oct. 23-25

Save the date! We hope to see you there.

The essential role of energy efficiency for a sustainable europe

How industry and policy makers drive the current trend.

According to latest projections, the EU is only expected to achieve 9% of its 20% mandatory energy saving targets by 2020, not even 50% of its energy savings goal. This is a missed opportunity; not only does Europe have the technology TODAY to deliver far more than a 20% energy efficiency target, greater energy efficiency is one of the easiest and cheapest solutions for the EU to confront some of its largest modern-day challenges and ensure sustainable growth.

The EU’s proposal for an Energy Efficiency Directive is a vehicle to help put the EU back on track on energy efficiency by bringing down barriers and providing certainty to drive public and private investments into the energy efficiency market. But the proposal needs to be strengthened and key articles need to be maintained during the legislative process over the next 6-12 months. Monica Frassoni, President of the European Alliance to Save Energy will explain why.

Monica Frassoni

Monica Frassoni is the President of the European Alliance to Save Energy








Monica Frassoni will speak at the Symposium Sustainability across the value chain, Oct. 25-27, 2011 in Stuttgart Germany.

Check out the full agenda & the workshop program and register now!