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What is sustainability or sustainable development?

“…development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”    –Brundtland Commision 1983

What does this have to do with business?

Sustainable Hamilton Burlington views sustainability as a business strategy that generates lasting economic value through enhanced, responsible social and environmental performance.

The new business paradigm realizes that business are interconnected with the social fabric and the natural environment that surrounds them. How they operate, treat their employees, consume resources and interact with their communities affects the world right outside their doors.

Increasingly, customers, investors, regulators and the public at large demand that businesses take responsibility for their impact on the environment and on the communities in which they operate. Our new world of instant communication technologies means businesses must be more accountable for these impacts than ever before. Environmental stewardship and social responsibility must become part of the DNA of today’s business.

The Triple Bottom Line: People,  Planet, Profits

The triple bottom line looks beyond a company’s financial bottom line to its environmental and social performance. The triple bottom line calls on a company to be conscious of its actions and the resulting impact on the world. Progressive companies are aware of these impacts and are working toward improving on them.

Today’s successful businesses are not only more aware – they are accountable. they are measuring their impact on the environment as well as their progress in reducing that impact and driving innovation. They are quantifying their contribution to the communities where they work and live. They are making the triple bottom line their new barometer for succes, and in doing so they are discovering a new kind of prosperity – and all the business benefits that come with it.

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
  • Improve 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 RT @SustainBrands: Marketing, R&D & #SupplyChain work hand in hand on new product development... so why should #DfE be any different? http… 13 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton This is so true! We can vote for change with our wallets. https://t.co/2VMc4L7SlG 13 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton First-Ever Lawsuit Over ‘Inadequate’ Climate Risk Disclosure Could Set New Precedent @SustainBrands https://t.co/ScHSzDwkU5 22 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton RT @360_energy: Energy intensity in the industrial sector has been reduced by 45% from 1977 even while output has doubled https://t.co/VX4q 22 hours ago
Sustainable Hamilton Sustainable Hamilton @SustainHamilton Shift To Green Economy Would Create 4 Million Canadian Jobs: Report https://t.co/9jUTVmzprJ 2 days ago
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Sustainable Hamilton Sustainable Hamilton @SustainHamilton Tackling climate change creates jobs: 20M greener jobs on way if Canada goes carbon-neutral: B.C. report https://t.co/edy4nGgkb1 5 days ago
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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.