'Net positive' future defined

6th May 2014


Related Topics

Related tags

  • Business & Industry ,
  • Management ,
  • Corporate governance ,
  • Stewardship ,
  • Mitigation

Author

IEMA

Demonstrating positive impacts on the environment and society is the key for long-term business success, finds a new report from Forum for the Future, The Climate Group and WWF-UK

Entitled Net positive – a new way of doing business, the report highlights how implementing a strong sustainability strategy can help companies by enhancing their reputation, increasing sales, reducing costs and engaging staff, as well as improving competitive advantage and supply chain security.

It outlines 12 principles to support organisations wanting to make a positive impact across the full spectrum of social, environmental and economic issues, and wanting to demonstrate best practice in corporate responsibility.

“The term ‘net positive’ is not new, but it has never been properly defined,” said Sally Uren, chief executive at Forum for the Future. “We hope that the principles outlined in this report will help to bring clarity and push the agenda forward.”

One of the principles is a requirement for companies aspiring to be net positive to take every opportunity to deliver positive impacts across value chains and throughput to the natural world and society. They also need to report progress transparently and consistently, with outcomes independently verified where possible. Also, where impacts are ecological, companies must apply robust environmentally restorative and socially inclusive methods.

BT, Coca-Cola and SKF feature in the report for their sustainability efforts. The BeyondZero strategy adopted by engineering company SKF, for example, aims to dramatically reduce its operational environmental impacts while rapidly growing a portfolio of products and solutions that significantly reduce customers’ environmental impacts.

Subscribe

Subscribe to IEMA's newsletters to receive timely articles, expert opinions, event announcements, and much more, directly in your inbox.


Transform articles

A social conscience

With a Taskforce on Inequality and Social-related Financial Disclosures in the pipeline, Beth Knight talks to Chris Seekings about increased recognition of social sustainability

6th June 2024

Read more

Disinformation about the impossibility of averting the climate crisis is part of an alarming turn in denialist tactics, writes David Burrows

6th June 2024

Read more

David Symons, FIEMA, director of sustainability at WSP, and IEMA’s Lesley Wilson, tell Chris Seekings why a growing number of organisations are turning to nature-based solutions to meet their climate goals

6th June 2024

Read more

A system-level review is needed to deliver a large-scale programme of retrofit for existing buildings. Failure to do so will risk missing net-zero targets, argues Amanda Williams

31st May 2024

Read more

Chris Seekings reports from a webinar helping sustainability professionals to use standards effectively

31st May 2024

Read more

Although many organisations focus on scope 1 and 2 emissions, it is vital to factor in scope 3 emissions and use their footprint to drive business change

31st May 2024

Read more

IEMA submits response to the Future Homes Standard consultation

31st May 2024

Read more

What is the role for nature in the Climate Change Act? Sophie Mairesse reports

20th May 2024

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert

IEMA Cookie Notice

Clicking the ‘Accept all’ button means you are accepting analytics and third-party cookies. Our website uses necessary cookies which are required in order to make our website work. In addition to these, we use analytics and third-party cookies to optimise site functionality and give you the best possible experience. To control which cookies are set, click ‘Settings’. To learn more about cookies, how we use them on our website and how to change your cookie settings please view our cookie policy.

Manage cookie settings

Our use of cookies

You can learn more detailed information in our cookie policy.

Some cookies are essential, but non-essential cookies help us to improve the experience on our site by providing insights into how the site is being used. To maintain privacy management, this relies on cookie identifiers. Resetting or deleting your browser cookies will reset these preferences.

Essential cookies

These are cookies that are required for the operation of our website. They include, for example, cookies that enable you to log into secure areas of our website.

Analytics cookies

These cookies allow us to recognise and count the number of visitors to our website and to see how visitors move around our website when they are using it. This helps us to improve the way our website works.

Advertising cookies

These cookies allow us to tailor advertising to you based on your interests. If you do not accept these cookies, you will still see adverts, but these will be more generic.

Save and close