Sustainable Business Practices Implementation

This assignment details the implementation of a sustainable business strategy across various key areas. It emphasizes clear communication strategies, increased customer focus by informing staff about organizational plans and sustainability commitments, and achieving financial performance improvements through green markets and cost savings. The strategy also includes triple bottom line reporting and the implementation of an audit process to ensure accountability and progress tracking.

Appendix 3 (pg. 56 student workbook)
Monitoring strategy
1st Objective : Reduce energy use
Activity Person
responsible
Metric/ KPI
(litres of
water/ energy/
dollar, % of
staff)
Baseline Target Data
collection
methods
(Environmen
tal audit
report/
Account
balance..)
1. Change to
energy efficient
lighting.
2. Reduce
illumination of the
Sails by an
average of 1 hour
per night.
1. Project team
2. Building
maintenance staff
1. KWh
(energy
consumed)
2. $
(Electricity
cost)
FY 06/07
energy use
Reduce
electricity use
by 2% per
annum (using
FY06/07 as
initial
benchmark)
Meter
readings
3.Improve energy
efficiency
4.Improve water
efficiency
Every Human
responsibility
Every Human
responsibility
5% KW/h
reduction in
2013 level
Keep water
usage in liters
FY 06/07
energy use
Reduce the
usage of
electricity by
5%
3% reduction
from total
usage
Audit
records
Monthly
resource use
reports
2nd Objective: embed environmental sustainability in everything we do
5.Improve
sustainability
6.Providing legal
compliance
7.Increasing
positive impact
Project team
Project team head
Manager’s
responsibility
Recognition of
sustainability
achievement
Legal
compliance in
excess of all
legislation
Positive
impact on
community
N/A
Complianc
e
30 youth
manager
hires;
3 tonnes/
Fair trade
certification
Compliance
5% increase
in youth
managerial,
aged and
disadvantage
s hires
Audit
checklist
Employee/
management
interviews
Human
Resources
Management
data

8.Improve
positive impact
Financial team
and Manager’s
responsibility
Positive
impact on
local
environment
$100,000
sales
revenue
5% reduction
in CO2
emission
Sustainabilit
y accounting
data
9. Drafting of
sustainability
procedure
10. Drafting of
sustainability
procedure
Human Resource
responsibility
Human Resource
responsibility
Employee
consultation
completion
Task
completion
N/A
N/A
Completion
by june 1
Finalization
and approval
by May 1
Forum
minutes
Formal
review
meeting
minutes
3rd Objective: Engage and Inspire
11.Increase
employee
satisfaction
12. Increase
employee
satisfaction
Management and
human resource
responsibility
Management and
Human Resources
responsibility
Employee
turnover rate
% of
employees
who feel the
organization is
committed to
sustainability;
10%
70%
Absenteeism
rate (9%)
90%
satisfaction
level
Human
Resources
Management
System
Data
Climate
survey
13.
Implementation of
communications
strategy
14. Increasing
customer focus
Management
responsibility
Management &
employee
responsibility
% staff
informed of
organizational
plans, and
management
commitment
to
sustainability
Green market
share
N/A
30%
100% staff
informed
35% market
share of
green aware
consumer
segments
Meeting
rolls
Market
surveys

15. Improving
financial
performance
16. Improving
financial
performance
Financial team
responsibility
Financial team
responsibility
Revenue
generated by
green markets
Cost savings
through
efficiency
To be
confirmed
from
records
6% increase
3% savings
Accounting
system
Accounting
system
4th Objective: Keep accurate records
17. Triple bottom
line reporting
18. Implement of
audit process
Auditing team
responsibility
Auditing team
responsibility
Completion of
sustainability
annual report
Completion of
phases 1–3
N/A
N/A
Completion
of phases 1–3
Completion
of phases 1–3
Audit
checklist
Employee/
management
interviews
External
review of
policies and
procedures
Audit
checklist