Sustainable Practices in Vancouver

Today’s business climate demands savvy in dealing with global issues – including sustainability. Have you heard the phrase “Triple Bottom line”?  Today it a growing concern for both small business and Fortune 500 companies, all of which  are in a race to remain competitive in today’s unpredictable markets. 

A Triple Bottom Line takes into consideration the Economic, Social and Environmental impact of your business model.  While there is no specific formula or strict accounting process to achieve this bottom line reporting, it is a focus that many firms are building into their accounting schemes, and making transparent to both customers and shareholders. 

 

Bob Willard, Author and the booking, The Sustainability Advantage, outlines the benefits of adopting a Triple Bottom Line approach to business.http://www.sustainabilityadvantage.com/products/sustainadv.html  He identifies key areas where you could not only be building your social capital by improving the esteem of the community you invest in – you could be missing valuable opportunities to increase your economic bottom line.  Now who can argue with that? 

 

Such recognized benefits include: 

  1. Easier hiring of top talent
  2. Higher retention of top talent
  3. Increased employee productivity
  4. Reduced manufacturing expenses
  5. Reduced expenses at commercial sites
  6. Increased revenues and market share
  7. Reduced risk, easier financing 

el dinero verde.jpg

Overcoming sustainability challenges in business, organizations, and personal lifestyle is something to celebrate.  The Fraser Basin Council is one such organization in BC that recognizes the contributions of people dedicated to progressing sustainability not only with our environment, but through investment in people and communities.  Latincouver hopes to see you as the next Sustainability Award recipient.

 

http://www.latincouver.ca/page/green_bc

 

 

 

0
Your rating: None