It is possible to appeal to top management using either a financial or strategic (risk-based) argument. Top management will generally respond better to a well-reasoned financial argument but there is no conflict – it is entirely possible to be more sustainable and to improve profits at the same time.
Sustainability is not simply about environmental issues; it is also about social and economic issues and about the issues which link these main topics.
Improving sustainability is often seen as a cost but a well-directed and managed sustainability management program can easily deliver substantial cost savings through resource use reductions, e.g., a well-managed energy management program can give a 30% reduction in energy use and costs for many sites. This is equally true for other sustainability actions such as improved water management and improved waste management.
Companies need to stop thinking about sustainability as a cost and start thinking about sustainability as an opportunity to review operations and reduce costs.
It is impossible to ignore the strategic aspect of sustainability. Whatever the cost debits or credits, failing to improve sustainability can lead to society and legislators withdrawing a company’s right to operate.
Dr. Robin Kent is the author of ‘Sustainability Management in Plastics Processing’, published by the British Plastics Federation and Managing Director of Tangram Technology Ltd. (www.tangram.co.uk), consulting engineers for energy and sustainability management in plastics processing.
Artificial Intelligence (AI) may help bridge the gap between scientific research and policy in the…
Join FlexForum to explore PPWR, EPR, and PCR trends shaping flexible packaging design and recyclability.
Researchers are fine-tuning computer vision systems to help identify and sort plastic waste on construction…
Plastic manufacturing data analytics shifts quality control upstream. Real-time monitoring and AI improve OEE and…
Resin drying is a major energy consumer in plastics processing. Learn how to optimize dew…
Digitalization bridges the knowledge gap in the plastics industry. AI tools, smart displays, and chatbots…