11 Jul '11, 12pm

How Are Companies Putting Sustainability Standards to Work?

How Are Companies Putting Sustainability Standards to Work?

As Joel Makower highlighted back in February of this year, sustainability standards, particularly those that represent the broad spectrum of indicators within sustainability, are needed and becoming increasingly common . But the unanswered question is this: Does a company's investment in implementing a sustainability standard have tangible business benefits? The question remains no matter whether a company is exploring a product certification, operational system, investor ranking or set of supplier requirements. To try to dig up an answer to this increasingly pressing question, I set out to speak to a few industry leaders about the sustainability standards they had implemented. In defining the term "standard" in this realm, I included product certifications, sustainability rankings, operation standards and supplier standards. What I found was that, regardless of whether th...

Full article: http://www.greenbiz.com/blog/2011/07/11/how-companies-put...

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