Sustainable Business Model Canvas
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Download the Tutorial
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OKRs (Objectives and Key Results) in conjunction with sustainability goals
When using OKRs (Objectives and Key Results) in conjunction with sustainability goals, you can effectively align your business strategy with environmental, social, and governance (ESG) considerations.
Here’s how to best use OKRs to integrate sustainability:
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1. Define Sustainable Objectives: Start by identifying sustainability objectives that align with your organization’s values and long-term vision. These objectives should address key environmental and social challenges relevant to your business, such as reducing carbon emissions, promoting diversity and inclusion, or improving supply chain transparency. Align these objectives with your overall business strategy to ensure a holistic approach.
2. Set Measurable Sustainable Key Results: Develop measurable key results that indicate progress towards your sustainability objectives. These key results should be specific, quantifiable, and time-bound. For instance, if your objective is to reduce carbon emissions, a key result could be to decrease emissions by a certain percentage within a specified timeframe. Make sure your key results align with accepted sustainability metrics and standards.
3. Embed Sustainability Across All Levels: Cascade sustainability OKRs throughout your organization to ensure alignment and accountability at every level. From the top-level strategic objectives down to individual team objectives, embed sustainability considerations in the goal-setting process. This ensures that every employee understands how their work contributes to the organization’s sustainability goals.
4. Foster Cross-Functional Collaboration: Sustainability goals often require collaboration across departments and functions. Encourage cross-functional teams to work together towards common sustainability objectives. By integrating sustainability into the OKR framework, you promote collaboration and shared responsibility for achieving sustainable outcomes.
5. Measure Impact and Progress: Implement robust measurement and tracking mechanisms to monitor the impact of your sustainability OKRs. Collect relevant data and metrics to assess progress, and regularly evaluate your key results to determine whether they are effectively driving sustainable change. Adjust and refine your OKRs as needed based on insights from the measurement process.
6. Engage Stakeholders: Involve relevant stakeholders in the development and implementation of sustainability OKRs. Seek input from employees, customers, suppliers, and investors to ensure that your objectives and key results are meaningful and reflect their expectations. Engaging stakeholders also enhances transparency and accountability, which are essential components of effective sustainability strategies.
7. Communicate and Educate: Create awareness and foster understanding of your sustainability OKRs among employees and other stakeholders. Regularly communicate progress updates, successes, and challenges related to sustainability goals. Provide educational resources and training programs to increase sustainability literacy within the organization and empower employees to contribute to sustainable initiatives.
8. Integrate Sustainability in Incentives: Consider aligning performance incentives with sustainability OKRs to reinforce their importance. Linking employee rewards and recognition to sustainable outcomes can drive engagement and motivate individuals to actively contribute to sustainability efforts. Incorporate sustainability performance metrics into performance evaluations and compensation structures.
9. Continuously Improve: Regularly evaluate and reflect on the effectiveness of your sustainability OKRs. Assess the impact of your sustainability initiatives, identify areas for improvement, and seek opportunities for innovation and growth. Use insights gained from the OKR process to refine your sustainability strategy and set more challenging goals in subsequent cycles.
By integrating sustainability into the OKR framework, you can drive purposeful action, measure progress, and hold your organization accountable for achieving sustainable outcomes. It enables a systematic approach to incorporating sustainability considerations into your business strategy, leading to positive environmental and social impacts while also driving long-term value.
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The Climate Dictionary: An everyday guide to climate change
The Climate Dictionary: An everyday guide to climate change
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Climate change is the defining issue of our times. Every day, more and more people are getting involved in climate action.
Veterans in the field are already familiar with the many terms and concepts related to climate change. But if you are new to the discussion, it can be quite challenging to grasp everything at once.
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That’s why we prepared this resource of climate change terms and concepts. If you’re struggling to keep up with the climate conversation, the Climate Dictionary is for you.
We invite you to read it, bookmark it, make use of it in your climate action work.
And we promise to update it regularly with new terms, so that we can push for collective climate action together.
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Sustainable business models
Sustainable business models:
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1. Definition of sustainability: Sustainability refers to the ability of an organization to operate in a way that minimizes its negative impact on the environment, while also meeting the needs of the present and future generations.
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2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.
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3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.
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4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.
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5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.
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6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.
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7. Reporting and transparency: Sustainable businesses should be transparent about their sustainability practices and report on their environmental and social impacts. This can involve publishing sustainability reports, participating in sustainability certifications and standards, and engaging with stakeholders to gather feedback.
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8. Sustainable finance: Sustainable finance involves integrating environmental, social, and governance (ESG) factors into investment decisions. Sustainable finance can be used to drive positive environmental and social outcomes, while also generating financial returns.
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9. Collaborative action: Addressing sustainability challenges requires collaboration across different stakeholders, including governments, businesses, civil society organizations, and consumers. Sustainable businesses should seek to engage with these stakeholders and collaborate on sustainability initiatives.
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10. Continuous improvement: Sustainable business models should be designed for continuous improvement, with a focus on reducing environmental impact, improving social outcomes, and creating value for all stakeholders over the long term.
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Business Strategy | pgf500, how it does work
Sustainable Business Model | Video Tutorial
Sustainable Business Model Canvas
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.
Download the Tutorial
.
.
.
.
Sustainable business models:
1. Definition of sustainability: Sustainability refers to the ability of an organization to operate in a way that minimizes its negative impact on the environment, while also meeting the needs of the present and future generations.
2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.
3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.
4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.
5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.
6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.
7. Reporting and transparency: Sustainable businesses should be transparent about their sustainability practices and report on their environmental and social impacts. This can involve publishing sustainability reports, participating in sustainability certifications and standards, and engaging with stakeholders to gather feedback.
8. Sustainable finance: Sustainable finance involves integrating environmental, social, and governance (ESG) factors into investment decisions. Sustainable finance can be used to drive positive environmental and social outcomes, while also generating financial returns.
9. Collaborative action: Addressing sustainability challenges requires collaboration across different stakeholders, including governments, businesses, civil society organizations, and consumers. Sustainable businesses should seek to engage with these stakeholders and collaborate on sustainability initiatives.
10. Continuous improvement: Sustainable business models should be designed for continuous improvement, with a focus on reducing environmental impact, improving social outcomes, and creating value for all stakeholders over the long term.
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Sustainable business models
Sustainable business models:
.
1. Definition of sustainability: Sustainability refers to the ability of an organization to operate in a way that minimizes its negative impact on the environment, while also meeting the needs of the present and future generations.
.
2. Business case for sustainability: There is a growing business case for sustainability, as consumers and investors increasingly demand environmentally and socially responsible products and services.
.
..
3. Triple bottom line: The triple bottom line is a framework that considers the social, environmental, and financial impacts of an organization’s activities. A sustainable business model should strive to create value across all three dimensions.
.
4. Sustainable business models: Sustainable business models are designed to create long-term value for all stakeholders, including shareholders, employees, customers, and the environment. Examples of sustainable business models include circular economy models, green supply chain models, and socially responsible investing models.
.
5. Sustainable product design: Sustainable product design involves considering the environmental impact of a product throughout its entire life cycle, from raw material extraction to disposal. This can involve using sustainable materials, designing products for recyclability, and reducing packaging waste.
.
6. Sustainable supply chains: A sustainable supply chain involves ensuring that all suppliers and partners in the supply chain operate in a socially and environmentally responsible manner. This can involve implementing sustainable sourcing policies, reducing waste and emissions in transportation and logistics, and ensuring fair labor practices.
.
7. Reporting and transparency: Sustainable businesses should be transparent about their sustainability practices and report on their environmental and social impacts. This can involve publishing sustainability reports, participating in sustainability certifications and standards, and engaging with stakeholders to gather feedback.
.
8. Sustainable finance: Sustainable finance involves integrating environmental, social, and governance (ESG) factors into investment decisions. Sustainable finance can be used to drive positive environmental and social outcomes, while also generating financial returns.
.
9. Collaborative action: Addressing sustainability challenges requires collaboration across different stakeholders, including governments, businesses, civil society organizations, and consumers. Sustainable businesses should seek to engage with these stakeholders and collaborate on sustainability initiatives.
.
10. Continuous improvement: Sustainable business models should be designed for continuous improvement, with a focus on reducing environmental impact, improving social outcomes, and creating value for all stakeholders over the long term.
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Business Strategy | pgf500, how it does work
The State of Climate Tech Q1’23
The State of Climate Tech Q1’23
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Net Zero Insights’ quarterly analysis on funding data in the private market venture space in Europe and North America.
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New Q1 Climate Tech Investment Data from Net Zero Insights and Alder & Co. Shows VC Funding Down but Other Sources Keep Sector Liquid.
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U.S. funding remains stable thanks to grant funding; Europe sees a significant decrease
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Net Zero Insights, the leading market intelligence platform for climate tech in Europe and North America together with Alder & Co., a purpose-driven climate tech marketing agency, today announced Q1 climate tech investment results demonstrating an overall slowdown. However, nearly 20% of funding in venture tech overall went specifically to climate, showcasing the industry’s resiliency. Total European investment was $4.4B (down 58% from Q4 2022), and total U.S. investment came in at $9.0B (down 7% from Q4 2022).
Non-equity sources provided 42% of the total $14.5B in funding this quarter with major deals including Redwood Materials ($2B), Zenobe Energy (£235M), Raylo (£110M), Blocpower ($130M) and Onto (£100M). Grant funding also rose 20% over the previous quarter in part due to the momentum from the passage of the U.S. Inflation Reduction Act and progress on the European green deal.
“While the EU continues to work through the details of its own Green new deal, we are seeing more European companies eyeing opportunities in the U.S. to take advantage of the momentum derived from the IRA,” said Melanie Adamson, chief marketing strategist, Alder & Co.
While the share of debt increased in relation to the total funding, the absolute volume of debt funding actually decreased quarter over quarter. Nevertheless, the amount of debt raised in Q1’23 is still significantly above the 2021 quarterly average of $3.1B. Equity investment, currently $8.5B, has consistently decreased since it hit $23.3B in Q1’22.
“Investors are increasingly focused on funding startups and organizations that demonstrate a clear path to profitability,” said Federico Cristoforoni, co-founder, Net Zero Insights. “This underscores the need for climate tech companies to develop sustainable business models that balance growth with financial stability.”
Of the ten challenge areas analyzed, only the circular economy vertical raised more quarter-over-quarter funding. More than 40% of total funding went to the energy sector, maintaining momentum in the global transition to electric vehicles, solar and other renewable sources.
While Silicon Valley Bank’s collapse rattled climate tech startups and sent shockwaves through U.S. investment communities, it may have had a net positive effect: diversification.
“What we learned from the SVB fallout is that the banking system and the ways in which finance is directed into sustainable investment has to change,” said Jon Shieber, chief editor and venture partner at Footprint Coalition. “Luckily, more regional and community banks are waiting in the wings.
Net Zero’s reporting uses data from the Net0 platform to analyze funding for climate tech startups, scaleups and SMEs, mainly in Europe and North America. The analysis covers funding activity from January 2021, excluding certain round types such as acquisition, IPO, and SPAC.
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