Redesigning Business Value: A Roadmap For Sustainable Consumption - Part 2
Mondaq Business Briefing › United Kingdom Law Articles in English (2010)
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Redesigning Business Value: A Roadmap For Sustainable Consumption - Part 2
IDEAS TO MAKE IT HAPPEN
Over the course of the past year's work on the Driving Sustainable Consumption project, business leaders, sustainability experts and academics were asked to give their concrete, actionable ideas on how to address the sustainability challenge and unlock its opportunities. Specifically, they were asked the following questions: What are the most important enabling actions that private sector collaboration should start on now? What are the existing initiatives, platforms or processes that can be leveraged? Who else might be needed to catalyse international and cross-industry action? What is the role of national and international governments in enabling change? A selection of these ideas is collected below. These ideas are intended to stimulate debate at the World Economic Forum Annual Meeting 2010; broaden participation from other industry groups; set in motion the process of cross-industry, cross value chain, multi-stakeholder action necessary to achieve the ambitions of the CEO Foreword; and bring the new normal of sustainable consumption closer to realization. Having identified the nature of the journey ahead, and looked at how businesses and other stakeholders can rethink what they do, this section of the report aims to provide concrete steps that could be taken now – examples of potential collaborations that could begin to make a difference, immediately. Of the 10 ideas listed below, a selection will be taken forward by the World Economic Forum in 2010 with support from the Driving Sustainable Consumption Project Board companies and the Global Agenda Council on Sustainable Consumption. These ideas are explored in more details on the following pages. Catalyse opportunities for business towards creating a consumer movement for sustainable consumption Connect corporate executives and university leaders, with a view to creating a pipeline of future talent for sustainable businesses Index, compare and contrast the existing metrics and tools for measurement of sustainable consumption Bridge perspectives between investors and companies on the role of sustainability in driving lon...See the full content of this document
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