Glossary: Business

 

  

 
   

Sustainable Business

 

  

 
   

A sustainable business is a harmonious and healthy one that meets the needs of its stakeholders and the present world without compromising the ability of future generations to meet their own needs.

 

 Sustainable Business definition | most useful dictionary

 

 
   

Anthem of Creative Sustainability Leaders

 

  

 
Vadim Kotelnikov (VadiK), founder, Innompic Games speaker trainer

Love creates us when we create with love

  

Love creates us when we create with love
And pursue harmonious growth.
Universal laws
Help us stay on course.
We take care of our Mother Earth.
Let’s don’t put on the shelf
Our Higher Self!
Let’s take care of our Mother Earth!

~ Vadim Kotelnikov

  

 
   

 

  

 

 
 

Striving to Meet the Triple Bottom Line

A sustainable business is a business that meets the economic, social and environmental needs of the present without compromising the ability of future generations to meet their own needs.

A sustainable business has positive impact on the economy, society and environment – both strategically and tactically.

 

 
 

For a business to be truly sustainable, it must sustain not only the necessary environmental resources, but also its reputation and social resources – including employees, customers, and the community.

AI-powered Sustainability Innovation is a modern way of building sustainable business.

Often, sustainable businesses have progressive environmental and human rights policies.

Sustainable development within a business can create value for customers, employees, investors, and the environment.

A sustainable business must meet needs of investors and customers while, at the same time, treating the environment well.

To succeed in such an approach, where stakeholder balancing and joint solutions are key, requires a holistic approach.

  

Circular Economy

Harmonious Mega-Innovation

Circular Business Models

Green Business

Eco-Effectiveness

Green Entrepreneurship

Cleaner Production

Ai-powered EIA

Green Jobs

Green Procurement

UN SDG

  

 

 

 
 

A sustainable business is a green business or any organization that participates in environmentally friendly or green activities to ensure that all processes, products, and manufacturing activities adequately address current environmental concerns while maintaining a profit. It is the process of assessing how to design products that will take advantage of the current environmental situation and how well a company’s products perform with renewable resources.

  

Harmonious Company: 5 Basic Elements Growth

Business Benefits of Eco-Effectiveness

Examples of Sustainable Development Firms

  

 

 
   

Circular-Economy Mindset

 

  

 
Vadim Kotelnikov inspirational speaker circular economy

The less waste we produce the richer and happier we are.

~ Vadim Kotelnikov

  

The less waste we produce the richer and happier we are.

Every produced or unused waste is a missed entrepreneurial opportunity.

Every uneliminated waste in our workplace is a missed improvement opportunity.

  

 

 
 

A sustainable business is a green business or any organization that participates in environmentally friendly or green activities to ensure that all processes, products, and manufacturing activities adequately address current environmental concerns while maintaining a profit.

   Sustainable Business, Circular Economy diagram and mindset

 
   

A sustainable business is the process of assessing how to design products that will take advantage of the current environmental situation and how well a company’s products perform with renewable resources.

 

  

 
 

Corporate Sustainability Strategies

Corporate sustainability strategies can aim to take advantage of sustainable revenue opportunities, while creating a great positive impact on on the society and protecting the value of business against increasing energy costs, the costs of meeting regulatory requirements, changes in the way customers perceive brands and products, and the volatile price of resources.

The widely practiced strategies include: Innovation, Collaboration, Process Improvement, Green Procurement, and Sustainability reporting.

Innovation focuses on a company's ability to change its products and services towards less waste production and sustainable best practices.

Collaboration is about formation of networks and/or strategic alliances with similar or partner companies to facilitate knowledge sharing and propel innovation. The Global Alliance of Innovation Leaders for Sustainability (GAInS) is an example of such collaboration.

Process Improvement is essential to eco-business, lean production, and reduction in waste. Employee awareness of company-wide sustainability plan aids the integration of new and improved processes.

  

 
 

Green Procurement is important for any sustainability strategy as a company's impact on the environment is much bigger than the products that they consume.

  

State-of-the-Art Supply Chain

  

 
 

Sustainability Reporting of company performance in relation to sustainability goals is often incorporated into the corporate ValueReporting.

 

Stakeholder Reporting: The Copenhagen Charter

  

 
   

Sustainability Balanced Scorecard

Sustainability Balanced Scorecard is a performance measurement and management system aiming at balancing financial and non-financial as well as short and long-term measures. It explicitly integrates strategically relevant environmental, social and ethical goals into the overall performance management system and supports strategic sustainability management.

 

  

 
 

Social Sustainability

Organizations that give back to the community in some form are often considered socially sustainable. Social sustainability is about managing business impacts on people in a harmonious way.

  

Social Entrepreneurship

Harmonious Growth

Corporate Social Responsibility (CSR)