Executive Briefings

Just Being Efficient Isn't Enough? We Really Need a Chief Sustainability Officer?

Two years ago, the director of sustainability at a $1bn consumer-products company suggested the corporate budget committee add a new criterion in deciding which capital projects to approve: the project's environmental impact. The director devised a metric for measuring the impact in categories such as water usage, waste reduction, packaging and carbon emissions. The idea saved $20m the first year.

Take away terms like "sustainability," and isn't this just a case of old-fashioned efficiency? If using less water or fuel saves $20m, any smart business will do that.

But many business experts say that with increasing natural resource costs, regulation and public scrutiny, companies today need to go beyond traditional efficiency, and that requires a high-ranking manager with a specific mandate - a chief sustainability officer.

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Keywords: Environmental, Business Strategy Alignment, Quality & Metrics, HR & Labor Management, Supply Chain Analysis & Consulting, Global Supply Chain Management, Green Manufacturing, Green Logistics, Environmental Protection

Take away terms like "sustainability," and isn't this just a case of old-fashioned efficiency? If using less water or fuel saves $20m, any smart business will do that.

But many business experts say that with increasing natural resource costs, regulation and public scrutiny, companies today need to go beyond traditional efficiency, and that requires a high-ranking manager with a specific mandate - a chief sustainability officer.

Read Full Article


Keywords: Environmental, Business Strategy Alignment, Quality & Metrics, HR & Labor Management, Supply Chain Analysis & Consulting, Global Supply Chain Management, Green Manufacturing, Green Logistics, Environmental Protection