Having a sustainability policy can have positive financial impacts. It may help streamline business processes, which may create less waste and reduce energy use. A sustainability policy can also increase your standing with stakeholders, and improve your brand recognition, giving your organisation a competitive advantage.
A sustainability policy provides a roadmap for your business and will help create a stronger reputation with environmentally conscious consumers. It describes your organisation’s commitment to sustainable development and the strategy, approach or road map to achieving these goals.
A policy is a predetermined course of action. Policies identify key activities and guide decision-makers on how to handle issues as they arise. No matter the industry, every business needs policies and procedures to operate effectively and successfully. Together, they guide your business and reduce the risk of liability. In addition, they promote consistency across the business for both employees and customers.
A sustainability policy can be as short or elaborate as you wish. Its purpose is to outline your commitment to practices and standards designed to promote environmentally and socially responsible operations. It can serve as an overarching organisational guide, and/or be specific to individual events. For example, the policy may include turning off the air conditioner in the office on nights and weekends, and it can also include asking suppliers and sponsors to use minimal packaging for their deliveries.
There is no right or wrong way to write a sustainability policy. It will be a document outlining your course of action, and/ or it can be an overview of the actions that you have undertaken and what you have in place. Try to make your sustainability policy reasonable and achievable to ensure that you are able to reach your goals and build on your successes in a positive way.
There are several questions a business should ask itself when creating a sustainability policy. The policy is going to outline a clear commitment to practices that will promote sustainability across all operations, so engaging people in key positions throughout the company will provide a rounded view of both the business and what is important to its stakeholders.
Then ask:
The following are examples of local businesses that have implemented and published a sustainable business policy.
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Teresea Grigg