Do you know what's cool? Talking with really clever sustainability & legal people about the #netzero transition & how to overcome difficult challenges! 💚📝🔽
Yesterday I had the pleasure of joining two Trans - Tasman Business Circle events at our Melbourne offices on "Making Sustainability Sustainable: Commercial opportunities for Consumer Goods, Food & Retail companies" and "Keeping Sustainability Core to the Corporate Agenda".
Some of the key themes were:
▶ approaching sustainability through your core commercial strategy, rather than a separate workstream
▶ identifying what is material to your business and its stakeholders - start with what makes sense for your business rather than trying to do too much and tick every box
▶ recognising that you will often need to decide whether you will meet expectations or manage them
▶ ensuring sustainability action doesn't stall when internal resources get shifted to compliance and reporting requirements - "actions speak louder than reports"
▶ building organisational sustainability "muscle memory" over time
▶ the value of authentic communication - share what you are doing, the challenges you face, and where you want to go
▶ recognising that addressing sustainability will often require transformational change within an organisation
▶ democratising sustainability within organisations by meeting people where they are
▶ that the most effective & creative opportunities for sustainability action within supply chains often rest on relationships that share the costs and benefits
▶ seizing opportunities for sector collaboration & learning
▶ look around - there are a lot of innovative solutions out there as many businesses face the same problems
▶ think about how your organisation can effect change beyond its supply chain (for instance through collective buying arrangements for renewable electricity that other members of the community can also participate in)
Thanks so much to our speakers Roger Sharp (Bupa), Caitlin Uren (JLL Australia), Megan Flynn (Pollination), to our Australian partners for leading the discussions, Jessie Buchan, Natalie Caton, and Jyoti Singh, to Liz Abrahams (Infosys) & Warwick Brown (Dataiku) for opening & closing remarks, and all those who attended, shared & asked insightful questions.
If anyone would like a copy of our international research report on sustainability trends & developments in the #consumergoods, #food, & #retail sector, I'll happily send it to you.
Or if you are in London, our UK team will be hosting our CGFR ESG Summit on Tuesday 26 November.
Amber Matthews | Laura Scampion | Nicholas Rock | Sarah Wilson | Cerise Devaux
DLA Piper Consumer Goods, Food and Retail
#esg #sustainability #climatechange #climateaction #climatereporting #sustainablefinance #makingbusinessbetter #DLAPiper
Farmacêutico em formação | Químico | Comercial | clínica e laboratorial farmacêutica
1moWhat a great achievement!