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Benefits of Sustainability

Sustainability is a lens that illuminates opportunities to create shared value: opportunities that not only benefit your company, but also your stakeholders and the community at large.

The benefits of sustainability include:

  • Reduce costs: By reducing your ecological footprint, your business is consuming less energy and spending less money, which leads to greater profitability.
  • Foster greater customer loyalty: Your customers and investors are demanding greater corporate social responsibility and accountability. Prove that this is an important part of your business, and our customers and stakeholders will spread the word.
  • Attract and retain skilled employees: The best of today’s talent, especially young people, are looking at sustainability management as a key factor in determining which companies they want to work for.
  • Become an innovation leader: The Harvard Business School Journal says “Sustainability is the #1 driver of innovation in business today.” You can be among the first to introduce new, improved products, services and processes.
  • Reduce financial and reputational risk: By proactively recognizing, managing and reporting your environmental and social impacts, you will receive better financing rates, realize improved license to operate and enjoy a more favourable reputation.
  • Reduce management risk: The precedent has been established in Canadian law that directors and senior managers are expected to be aware of their company’s environmental and social impact. Having a sustainability strategy is good insurance.
  • Realize greater prosperity: Your positive social and environmental initiatives will contribute to a positive economic bottom line for your business and better quality of life for your employees and the people of Hamilton and Burlington.
  • Improve employee morale: Demonstrating that you are an equitable employer who supports life balance leads to more satisfied employees, enhanced productivity and reduced hiring and retention costs.
  • Create a healthier community: Reducing your environmental impact, and making a greater contribution to your community through charitable contributions and encouraging volunteerism, leads to a better quality of life.

In the end, it’s about creating greater sustainable value for your company, institution or organization while contributing to a better world. There can be no bigger benefit.

Now imagine if all businesses in Burlington and Hamilton, Ontario made sustainability or corporate social responsibility a core part of their operations…it would lead to a more prosperous future and positive brand image for our cities. That’s the goal of Sustainable Hamilton Burlington.

Take Action

Here are some of the actions companies can take to practice environmental, social and economic sustainability:

People / Social
  • Support work/life balance programs (e.g. flexible work hours)
  • Recognize the value of a diverse workforce
  • Promote employee volunterism
  • Support community initiatives
  • Pay a living wage
  • Enforce fair labour practices with suppliers as well as in your own company
  • Employment creation and skills development
  • Invest in your community
  • Protect consumers’ health and safety
Planet / Environment
  • Reduce waste
  • Imporve energy efficiency
  • Reduce GHG emissions
  • Reduce / eliminate harmful chemicals
  • Reduce water usage
Profits / Economic
  • Support your local economy by buying local
  • “Green” your supply chain
  • Hire local workers
  • Support training and scholarship programs
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Discussing value for members of different CoLab programs @SustainCoLab #CoLabConnects17 https://t.co/FQrVB1Ofrb 11 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton "Canadians need to see what a low-carbon future looks like to take more action." @CANRacCanada at #colabConnects17 @SustainCoLab 15 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @SustainCoLab: Sharing about how the #CoLabNetwork is helping businesses drive the low-carbon economy. https://t.co/i7QK2CyuFd 16 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @carbon613: We are proud to be part of the @SustainCoLab network, alongside many great orgs! #CoLabConnects17 https://t.co/eO2n9q3bt4 16 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @theseedworks: Register Now for Bay Area Economic Summit. Our friend Sandi @SustainHamilton is a speaker. https://t.co/TyORCBCRgZ #HamO 16 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @Glen4ONT: The irony of fighting climate change is that we are really fighting ourselves. Only 1 species has to start changing it's beh… 3 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @SustainCoLab: Excited that #CoLabConnects17 will be @bullfrogpower'd on June 21! Join us and the #CoLabNetwork: https://t.co/9rzhKxQJAP 5 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton By July 2018 @ONenvironment will require commercial, residential buildings to report water and GHG emissions https://t.co/fJaAdl6lbE 6 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Highlights from the #EofR2017 on June 13th at the @RBGCanada. https://t.co/nzI8C3BGzG 7 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Highlights from the #EofR2017 on June 13th at the @RBGCanada. https://t.co/BrTaH6DTny 7 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Highlights from the #EofR2017 on June 13th at the @RBGCanada. https://t.co/Xoe6PsNgp3 7 days ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Highlights from the #EofR2017 on June 13th at the @RBGCanada. https://t.co/3fUBqQe7bx 7 days ago

Doing what’s right for your business is what’s right for your city

Are you a business in the city of Hamilton or Burlington, Ontario that wants to learn more about sustainability and how to achieve stronger triple bottom line results? Find out how Sustainable Hamilton Burlington can help.