{"id":30227,"date":"2023-03-14T10:00:00","date_gmt":"2023-03-14T09:00:00","guid":{"rendered":"https:\/\/www.i3s.es\/blog\/what-is-the-corporate-sustainability-strategy\/"},"modified":"2023-11-08T13:17:26","modified_gmt":"2023-11-08T12:17:26","slug":"what-is-the-corporate-sustainability-strategy","status":"publish","type":"post","link":"https:\/\/www.i3s.es\/en\/blog\/what-is-the-corporate-sustainability-strategy\/","title":{"rendered":"What is the corporate sustainability strategy?"},"content":{"rendered":"\t\t
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In the foreseeable future, few companies will ask themselves about \u00bfwhat is a sustainability strategy?<\/span>what is a sustainability strategy?<\/b>? However, the term remains unknown to some today. Let’s see what it consists of and what advantages it has for business organizations.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Corporate sustainability strategies: for a possible model of growth<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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By <\/span>environmental sustainability strategy<\/b> o <\/span>corporate sustainability strategy <\/b>is defined as any action plan aimed at integrating an environmental <\/span>
\n environmental perspective<\/span>
\n<\/i> into the company, from production processes to management models, logistics, distribution and even promotion.<\/span><\/p>\n

In short, the <\/span>sustainability strategies<\/b> strategies seek to integrate the new circular economy model pursued by the EU into the company’s DNA. <\/span>
\n the new circular economy model pursued by the EU<\/span>
\n<\/a> and the goals established by the <\/span>
\n Sustainable Development Goals (SDGs)<\/span>
\n<\/a> Sustainable Development Goals (SDGs) and the <\/span>2030 Agenda for Sustainable Development<\/b>. In other words, a new way of understanding our way of producing and consuming that will guarantee the <\/span>
\n environmental protection<\/span>
\n<\/i>but also of a sustainable <\/span>
\n sustainable development<\/span>
\n<\/i>development, fair for society and healthy for people. <\/span> <\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"Beneficios\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Environmental, but also social sustainability \n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Any <\/span>sustainability strategy of a company involves the<\/b> company must implement measures to ensure that it respects the natural environment. <\/span>
\n respect for the natural environment<\/span>
\n<\/i>The company’s activity does not have a negative impact on the planet, but neither does it have a negative impact on those who live there.<\/span><\/p>\n

With regard to this last point, companies must also adopt social sustainability and corporate responsibility plans. <\/span>social sustainability and corporate responsibility plans<\/b>which, together with environmental plans, give rise to what is known as corporate sustainability.<\/span> corporate sustainability.<\/b> The latter incorporates <\/span>
\n Ten Principles of the UN Global Compact<\/span>
\n<\/a>. Among them, the support and respect for the protection of the <\/span>
\n fundamental human rights<\/span>
\n<\/i>The abolition of discriminatory practices in employment and occupation or the eradication of corruption in all its forms, including extortion and bribery.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tI WOULD LIKE TO KNOW MORE<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Corporate sustainability and Sustainable Development Goals<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The <\/span>sustainability in the company <\/b>unequivocally involves the assumption of the 17 Sustainable Development <\/span>17 Sustainable Development Goals<\/b> as their own. Obviously, the sector in which each corporation operates, its activity, will determine the adequacy of such objectives and <\/span>how to practice sustainable development<\/b> based on the same. However, there are those that are common to all business organizations, such as those that talk about <\/span>
\n gender equality<\/span>
\n<\/a> o <\/span>
\n decent work and economic growth<\/span>
\n<\/a>.<\/span><\/p>\n

But it is undoubtedly number 12, which talks about <\/span>
\n Guaranteeing sustainable consumption and production modalities,<\/span>
\n<\/i> the one that has the greatest impact on the production models of Spanish companies and on their adaptation to ecological criteria. <\/span> <\/p>\n

\u00bf<\/span>What is sustainable development?<\/b> according to this objective? One based on the efficient use of natural resources, the reduction of food waste, the reduction of food <\/span>
\n environmentally sound management <\/span>
\n<\/i>of chemicals and the management and reduction of all wastes, and support for developing countries in strengthening their scientific and technological capacity, among others.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tMORE INFORMATION <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Environmental, but also social sustainability \n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Any <\/span>sustainability strategy of a company involves the<\/b> company must implement measures to ensure that it respects the natural environment. <\/span>
\n respect for the natural environment<\/span>
\n<\/i>The company’s activity does not have a negative impact on the planet, but neither does it have a negative impact on those who live there.<\/span><\/p>\n

With regard to this last point, companies must also adopt social sustainability and corporate responsibility plans. <\/span>social sustainability and corporate responsibility plans<\/b>which, together with environmental plans, give rise to what is known as corporate sustainability.<\/span> corporate sustainability.<\/b> The latter incorporates <\/span>
\n Ten Principles of the UN Global Compact<\/span>
\n<\/a>. Among them, the support and respect for the protection of the <\/span>
\n fundamental human rights<\/span>
\n<\/i>The abolition of discriminatory practices in employment and occupation or the eradication of corruption in all its forms, including extortion and bribery.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Corporate sustainability and Sustainable Development Goals\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

The <\/span>sustainability in the company <\/b>unequivocally involves the assumption of the 17 Sustainable Development <\/span>17 Sustainable Development Goals<\/b> as their own. Obviously, the sector in which each corporation operates, its activity, will determine the adequacy of such objectives and <\/span>how to practice sustainable development<\/b> based on the same. However, there are those that are common to all business organizations, such as those that talk about <\/span>
\n gender equality<\/span>
\n<\/a> o <\/span>
\n decent work and economic growth<\/span>
\n<\/a>.<\/span><\/p>\n

But it is undoubtedly number 12, which talks about <\/span>
\n Guaranteeing sustainable consumption and production modalities,<\/span>
\n<\/i> the one that has the greatest impact on the production models of Spanish companies and on their adaptation to ecological criteria. <\/span> <\/p>\n

\u00bf<\/span>What is sustainable development?<\/b> according to this objective? One based on the efficient use of natural resources, the reduction of food waste, the reduction of food <\/span>
\n environmentally sound management <\/span>
\n<\/i>of chemicals and the management and reduction of all wastes, and support for developing countries in strengthening their scientific and technological capacity, among others.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Why environmental sustainability is important to a company\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The <\/span>environmental sustainability<\/b> is important for a company for many reasons, but not least because its economic sustainability depends on it. <\/span>economic sustainability<\/b>. <\/span> <\/p>\n

There is an <\/span>economic dimension of sustainability <\/b>inescapable, with <\/span>indicators <\/b>indicators that measure the capacity of companies to develop their activity without compromising the necessary resources. <\/span>
\n without compromising the resources needed for the future.<\/span>
\n<\/i> resources for the future. <\/span> <\/p>\n

On the other hand, environmental <\/span>environmental sustainability<\/b> is marking the steps towards the consolidation of the <\/span>circular economy model <\/b>which has already begun to be implemented in the EU and other parts of the world.<\/span><\/p>\n

Among the <\/span>benefits of the circular economy <\/b>include:<\/span><\/p>\n