Tuesday, December 12, 2017

Finding the right sustainability tool for you

I continue to be amazed by the rate at which the professional sustainability field is becoming more sophisticated and standardized. This is largely invisible to the general public but is a big deal especially for large corporations.

The downside of this work is a proliferation of tools to help you.

The Sustainability Initiative at MIT Sloan has just made it a lot easier to find the right tool. SHIFT TOOLS is focused on business but many of those practices also apply to municipalities; and they are working on having similar resources for cities/communities.

You can search for tools that help you:

  • Set targets and goals (see who's measuring what and what their targets are)
  • Develop a road map and see where your organization is in its maturity
  • Report on your performance
  • Develop a business case/find the return on investment for certain actions.

Check it out. You can search for tools by industry, issue (water, climate, etc.), free or fee, reviewer's stars, job function, etc.

https://shift.tools

I just sat in on a webinar by Saman Baghestani, one of the developers, and he highlighted some specific tools he liked. So if you want a short list, look at some of these:

TARGETS AND GOALS
  • Pivot Goals shows what different companies are tracking and reporting, what their goals are
  • Embedding Project lets you create your own "casebook" of goals related to 12 thresholds
  • Future Fit lays out how to create long-term business value
  • Project Breakthrough has pitch decks that help you make the business case
  • Science Based Targets Initiative help you set climate related targets based on good science
  • Global Opportunity Explorer shows solutions and markets tied to the Sustainable Development Goals

ROAD MAP/MATURITY
  • B-Corp (certification)
  • CDP (climate, water)
  • RILA (retail)
  • Ceres Roadmap for Sustainability
  • Sustainability Scorecard

REPORTING
  • Reporting Exchange (part of the World Business Council on Sustainable Development)

BUSINESS CASE
  • Business Case for Sustainability (by International Finance Corp)
  • Business Case Calculator (downloadable spreadsheets to calculate payback, internal rate of return, etc.)

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