Corporate Sustainability

Hi delegates! I hope you are all excited for BMUN. With it being only a month away, it is important to start researching and putting thought into your innovation for our topic: environmental sustainability in third world countries. While the sustainability of your product is pertinent to our topic, it is also important to remember that your business approach, product development, and operations process should also practice corporate sustainability. Now this may lead you to ask, what exactly is corporate sustainability? Corporate sustainability can be best understood as a business approach that takes environmentally friendly strategies into account when creating long-term consumer and employee value. In order for your business to be considered sustainable, it is important to think deeply about the social, cultural, and economic environment in which your business is operating.

Now that you have a basic definition and understanding of what corporate sustainability is, I encourage you to read a few of these articles on how corporate sustainability is shaping the business world today:

1. https://www.forbes.com/sites/edfenergyexchange/2018/10/31/how-the-biggest-corporate-sustainability-trends-of-2018-have-really-paid-off/#5583f3976592
2. https://deloitte.wsj.com/cfo/2018/08/17/finding-value-in-corporate-social-purpose-the-role-of-the-board/
3. The Story of Sustainability in 2018 - Harvard Business Reviewhttps://hbr.org/2018/.../the-story-of-sustainability-in-2018-we-have-about-12-years-le…

Beyond reading articles, you can also watch this Ted Talk about the how your business can benefit from being “good”: https://www.ted.com/talks/wendy_woods_the_business_benefits_of_doing_good?language=en

I hope this helps as you work on your research!

-Melika

(Sources: https://www.globalcompact.de/wAssets/docs/Nachhaltigkeits-CSR-Management/un_global_compact_guide_to_corporate_sustainability.pdf)