Sustainability is one of the big words on the lips of some of the most successful businesses on the planet. Reducing waste and making processes efficient and cost-effective are entirely in the interest of many companies, but sustainability goes beyond just streamlining the management and production process. True sustainability is about the environment.
Now before you start thinking I’m some eco-warrior, you have to know that sustainable practices can significantly benefit businesses regardless of any environmental stance. In many cases being a sustainable business is an intelligent economic decision, rather than out of any moral obligation to the environment. Many of the businesses on this list you could argue are successful on the back of their sustainability efforts, but enough talk; let’s find out who they are.
Sustainability for Renault is not just a buzzword. It’s an opportunity, and a chance to enhance their range of products. Electric cars are on the rise thanks to the boom of sustainability both in business and the wider world. Renault is one of the automobile companies leading the charge in that respect, thanks to their sterling work on making electric car batteries far more efficient.
One of the major roadblocks consumers had towards adopting electric vehicles was the poor range and storage capacity on the batteries. With companies like Renault at the wheel now, however, it seems like that is due to change.
This telecoms and communications company are all about efficiency and sustainability when it comes to their business. You’d expect no less from a primarily electronic-based communications company, but Cisco is making a very serious effort to cut down on the amount of paper their business uses. Not only does it save space by reducing the amount of paper records that need to be kept, but overall benefits the planet as they are vastly reducing the paper order for the company and therefore saving lumber and reducing deforestation.
It’s kind of a given that Intel would make it somewhere on this list. After all, efficiency is a huge part of their business. When it comes to creating new computational hardware, the core aims are always to be more powerful, smaller in size, and more power efficient.
So how does sustainability work into this? It doesn’t take a genius to know that the more power efficient technology is, the less electricity it will use overall. Reduced power draw from out electronics will mean a reduction in fuel burned to generate the electricity in the first place. It’s pretty simple but has a gigantic effect overall globally when we switch to more efficient technology.
Coca-Cola makes the list on the strength of its recycling efforts. Now you might point out that this is likely just to keep the costs down of frequently acquiring new aluminum for their cans, and you’d be right. Businesses will do what is in their interests, ultimately. If recycling didn’t benefit them, Coca-Cola would likely not indulge in it. Luckily for us, it does benefit them, and they at least deserve some kudos for putting their considerable business weight behind a comprehensive recycling program.
BMW is the whole package when it comes to sustainability. Not only is it making sweeping investments in pushing forward the electric car medium, but the business is also well known for cutting down on paper and water waste, and having a wide-ranging recycling drive across the firm. Not only that but the sustainability also extends to how BMW treats their workers, with a high satisfaction rate resulting in a low employee turnover; and therefore reducing the waste produced in repeated hiring and training processes on a large scale. Good job, BMW.