Sustainable Business Introduction
It is increasingly evident that business and
industry's current patterns of consumption and production are
not sustainable. The enormous economic and population growth
worldwide over the last four decades have together driven the
impacts that threaten the health and well-being of our communities
and nations -- ozone depletion, climate change, depletion and
fouling of natural resources, and extensive loss of biodiversity
and habitat.
The standard approaches in the past to the
environmental problems generated by business and industry have
been regulatory driven "end-of-the-pipe" remediation
efforts. This approach has created limited success in the last
twenty years, but as economic development continues and grows
in intensity, new and complex problems abound.
Leaders in business, government, academia,
public-interest organizations, and communities are responding
with innovative new solutions to sustainability issues in business
and industry. Corporations such as Interface,
Inc. and Nike,
as well as small businesses such as A.O.K.
Auto Body and Vic's
Market, are progressing beyond simple regulatory compliance
in favor of more proactive roles in finding solutions to sustainability
issues.
The Department of Energy is supporting such
innovation through programs like National
Industrial Competitiveness Through Energy, Environment, and
Economics (NICE3), which offers grants to develop technologies
that can help companies cut costs, prevent pollution, and conserve
energy. Additionally, non-profits such as The
Natural Step, The
Future 500, and the Rocky
Mountain Institute are helping firms chart a course
and make strides toward sustainability.
Perhaps the single most influential factor
that is beginning to emerge among business and industry is the
realization that waste reduction, energy efficiency, and pollution
prevention make economic sense. Companies are starting to understand
that sustainability involves substantially more than an ethical
consideration -- it can improve the bottom line and is an integral
part of good business. See "Does
it Really Pay to Be Green? An Empirical Study of Firm Environmental
and Financial Performance." (PDF)
The links and resources compiled in the Sustainable
Business section will help your company and community understand
the great challenges and promising solutions for business and
industry in achieving sustainability.
Last updated: May 6, 2004
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