evolution ‘Designed for Sustainability Management’
Sustainability
We have defined the term business sustainability to mean the process an organisation implements to minimise its resource consumption, meet compliance requirements and reduce its environmental and social impacts while maximising its return on capital employed.
The highest level of sustainability is when an organisation has zero impact on the environment from using the minimal amount of resources to produce the optimum financial performance.
Sustainability economics is the macro mechanism that provides the analysis process and management method to understand whether an action, purchase or process is financially, environmentally and legally viable. EQ2 has developed a granular measurement process (Granular Resource Economics) that analyses an organisation’s resource consumption and efficiency opportunities through reverse engineering its emissions and impacts inventory. Granular Resource Economics (GRE) is the micro mechanism that measures the life cycle process and maps it to its financial value and costs to provide a total performance understanding. GRE provides the most accurate method to measure and account for resource use and disbursal from cradle to grave. Accurate understanding of the effects of the use of energy, water, waste, chemicals and fuels can save significant costs and dramatically improve an operation.
We have seen key changes over the past 200 years through Industrialisation, Mechanisation and Computerisation. The next level of business performance efficiency will be achieved through Granularisation.
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