Whether you are building your first sustainability strategy or revising an existing one, the task can seem intimidating. In this article we have outlined the building blocks to best approach and implement a robust corporate sustainability strategy.
To celebrate the landmark release of Altruistiq’s sustainability strategy, we are excited to share our key learnings and recommendations gleaned from developing and deploying a compelling strategy.
A corporate sustainability strategy is a prioritised set of actions that focuses a company’s near and long term goals on purpose driven impact initiatives that benefit the planet and its people.
We are at a watershed moment for corporate action. Increasingly, companies and their investors, are recognising sustainability as a strategic priority that involves significant business opportunities and risks. If organisations are not proactively helping to shape the transition to a sustainable future, they risk being uncompetitive and becoming obsolete.
Indeed the private sector plays a critical part in addressing the climate emergency and abating the warming trajectory. In its 2019 Progress Report, the UK committee on climate change said “it will be businesses that primarily deliver the net-zero target”. This has never been more pertinent. Having clearly defined targets and a strategic roadmap for delivery is the first step in the journey to reducing your organisation’s impact.
When done effectively, the process of developing a strategy can help to:
At Altruistiq we believe that it is critical for every business to take responsibility for improving its current and future impact. The principles outlined provide the building blocks from which to develop a sustainability strategy. However, a well designed sustainability strategy is unique to the company. It recognises and plays to the specific strengths and culture of that company. The time to make bold and actionable commitments is now. We are ready to take action to nurture a healthier and happier planet, are you?
Read our sustainability strategy to discover more about how Altruistiq pledges to champion sustainability in our own operations and beyond.
To find out more about how Altruistiq could support your business in its sustainability transition, drop us a line at firstname.lastname@example.org.
Altruistiq provides businesses with the technology infrastructure needed to measure, manage and abate their sustainability impact, through a climate software solution.
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