Doing less harm is not enough. Companies can contribute to create the conditions for Nature to regenerate. Join the movement and make business a force for good.
“Impact” term is marking the 3rd stage of Sustainable Business Development that started in the 80’s with “CSR” (Corporate Social Responsibility) that was aiming at decreasing the negative impact of Business by investing a minimal part of revenues in external entities (such as NGOs) to maintain a good reputation. Around 2000’s, “Sustainability” emerged to rethink longevity of the Business, by considering the negative effects along its Supply Chain. It gave birth to more Responsible Procurement, more robust Public Reporting… but without truely reconsidering the business model.
We consider 2020 is the start of the Impact era:Sustainable Business Transformation realized with measured significant Positive Impact, which is to consider the full costs of doing Business, integrating the Social & Environmental impacts of operations across the Supply Chain, ultimately creating Stakeholder Value with all its value chain partners. It will necessarily reshape business models for more circularity, or even become more regenerative.
We believe that Triple Impact & “Triple Bottom Line accounting” can only happen if the ENterprise Purpose is redefined.
Purpose: what is the true Purpose of your Business? Does it bind your People, unleash energies, and create a Competitive advantage? Planet: our core focus – do you operate within planetary boundaries? For Climate Change and other boundaries your Industry is pushing? How do you Impact Biodiversity? What are the other negative externalities you didn’t account for? How to Reduce those, and mitigate what is left? People & Society: how is Value shared with your Stakeholders? From your Employees to your Suppliers & Customers? Do you create Societal benefits for a common Good? Profits: what is a sustainable level of Profits? What do you do with your Profits? How do your share value beyond your Shareholders?
Following this path, Business will Transition from an Extractive Business Model to new Business Models with more Circularity, more Frugality (reduction of Physical Inputs & Energy), and ultimately to a Regenerative Business Model that regenerates Nature & Life, and shares Value with all Stakeholders.
Such an Impact Driven Business approach allows to build Sustainable Profits & Resilience by understanding how Sustainability Investments impact your P&L:
This is the path to long term Competitive Advantage and shared Value Creation.