Measurement and control are at the heart of instituting sustainable practices. Though a few vendors have products in development, only one has one for sale that can figure intricate carbon footprints across an enterprise or for a single product.
Collecting the data was too hard, he said. BI is a natural solution, I believe, and experts I checked with agree. A more robust definition is that business sustainability represents resiliency over time — businesses that can survive shocks because they are intimately connected to healthy economic, social and environmental systems.
Several companies -- including Oracle and Hewlett-Packard -- are developing tools to help. Business sustainability requires firms to adhere to the principles of sustainable development.
So far, though, only SAS has a product that does what I imagined such a product should do, and more, and is for sale right now. There are a number of best practices that foster business sustainability, and help organisations move along the path from laggards to leaders.
These three impacts are sometimes referred to as profits, people and planet. These businesses create economic value and contribute to healthy ecosystems and strong communities.
Although business people know how to judge financial data, few know how to judge units of carbon dioxide or kilowatt hours, especially as standards change. However, this approach relies on an accounting based perspective and does not fully capture the time element that is inherent within business sustainability.
Not only can organisations collect and collate the information, they can also be entirely transparent with outsiders. New types of data -- such as energy consumed, manufacturing waste, and emissions -- have to be rolled up into a big picture the way only BI can do it.
These firms are also more innovative and adaptive to their environments. Dan Esty, co-author of Green to Gold: When I asked, most of them replied with some form of "Huh?
How do you spread out that capital expense and figure ROI? SAS released it in April apparently with the most complex applications in mind.
Those organisations wanting to take a large leap forward should systematically analyse the environmental and social impact of the products they use and produce through life cycle analysis, which measure more accurately impacts.
BI This Week Analysis: SAS for Sustainability Management, based on the SAS Enterprise Intelligence Platform, is a single platform for collecting, analyzing, and reporting any kind of data to calculate current and future impacts, whether environmental, social, or economic.
BI tools can be adapted to help organize the effort.Watch video · Companies like Intel, Nike, Unilever, Wal-Mart and DuPont are making sustainability practices a core part of business.
Jul 03, · Find new ideas and classic advice for global leaders from the world's best business and management experts. Our advisers react to our interviews about sustainability with leading CEOs. Aug 17, · Browse Sustainability news, research and analysis from The Conversation Articles on Sustainability.
Displaying 1 - 20 of articles André Stephan is a Friend of The Conversation. Analysis: Business Intelligence Tools for Sustainability. Sustainability measurement is coming to BI tools, but slowly. Though a few vendors have products in development, only one has one for sale that can figure intricate carbon.
Since then every GE business has tried to move up the sustainability ladder, which has helped the conglomerate take the lead in several industries. Two: Recruiting and retaining the right kind of. Business Management, CSR - Analysis of Several Articles on Business Sustainability.Download