Companies must significantly improve their quest for sustainability to stay competitive, those who do not believe will lose. A key hurdle for many, however, is not knowing how.
EFESO has successfully transformed many firms, and we can help you transform and grow your company’s core business, capabilities, and operations, with a sustainable future.
Companies today need to create positive economic, social, and environmental impact — in ways that are profitable. Our current economic model is inefficient, much of what we produce ends up as waste. Only a fraction of the value we put into making things is recovered after use. With finite resources and volatile commodity prices, this must change, and it must change in a way that also drives profitability.
We believe the Circular Economy will be an increasingly disruptive force, and that businesses need to understand the opportunities and challenges it presents. CO₂ prices, Globalization strategies, and SEC reporting Manufacturing industries will increasingly face the CO₂ reduction challenge. The SEC has recently proposed the adoption of sustainability reporting. And just this past Sunday, Gov. Gavin Newsom of California said that he would sign a landmark climate bill that passed the state’s legislature last week requiring major companies to publicly disclose their greenhouse gas emissions, a move with national and global repercussions. The new law will require about 5,000 companies to report the amount of greenhouse gas pollution that is directly emitted by their operations and also the amount of indirect emissions from things like employee travel, waste disposal and supply chains.
Most companies will face an immediate compliance failure as they have never measured their net emissions. Getting this right is of strategic interest – especially as those changes do impact on global production footprints and supply chains, requiring firms to re-evaluate business cases of the entire product portfolio.
Operational Opportunity – Green needs LEAN©
Companies that approach sustainability as a task and not as an opportunity will lose. When you examine the drivers of CO₂ you see savings, the 8 Classic LEAN wastes appear right on top. Fewer miles transported, smaller space, less scrap, automation over staffing, reduced overproduction. LEAN approaches to operations are sustainability incarnate.
So, what are you doing about your carbon footprint? Do you know what is possible?
EFESO puts concepts into achievable, sustainable, and profitable practice. We will show you how to realize sustainability by taking these small but crucial steps:
- Creating transparency of your emission footprint (Measure)
- Build your new sustainable governance
- Define initial achievable steps, start the journey
- Implement the new ways of working
- Make it stick in your organization, celebrate
- Develop and continue to refine your strategy to net zero
Reducing emissions is a part of the path to sustainability and is an important starting point with
regulatory and consumer pressure building, there are other tools to be considered also.
Do you know your current footprint? Are you struggling to define a strategy? Are you ready to start the journey?