An interesting article was posted on CNBC.com last week by Aman Singh, who is an editor with Vault and works with Fortune 500 companies on reporting their diversity recruitment strategies and initiatives. The piece started:
Let’s face it. Even though nothing came out of Copenhagen, awareness of easily avoidable phrases like “climate change,” “green careers,” even “green jobs” became hugely Googled, SEO-ed, categorized and tweeted. So, with this newfound green knowledge, how will we as employees, consumers and maybe more importantly, as decision-makers, inculcate sustainability in the workplace and bring it to the attention of the executive suite?
Singh proceeds to discuss how many large companies have added sustainability chiefs without “demanding that they embed sustainability in the company’s long term strategy and all operations. Until regulation and stakeholders support us, achieving corporate social responsibility remains an elusive goal, titles notwithstanding.”
Singh has a good point, but seems a bit shortsighted when he makes this blanket assertion. More and more companies are coming to understand that sustainability is good for their reputation and employee morale, but also for their bottom line. Research has shown that people want to buy from companies that are seen as socially responsible. I agree that regulation is important, but customers often drive innovation, and therefore new product development that considers the environment, like laundry detergent that uses 80% less water, will only continue to speed up.
In my experience working with clients to address sustainability in their business operations and sales and marketing efforts, I have seen companies discuss the environment without the ability and knowledge to execute – exactly the problem Singh highlights. However, I have also seen companies who not only have sustainability offices discussing strategy but also working on the execution internally to make it a reality. In these organizations, senior management includes their colleagues in the sustainability efforts and brainstorming, as they recognize that the best ideas often come from the bottom up, rather than from the top down. In addition, employee education is key – sustainability must be part of the company culture. If so, it is much easier to implement (and less likely to be cut).
Here’s a link to the full article on CNBC.