Sustainability Initiative at MIT Sloan
Developing a Business Case to Measure Top Environmental Impacts at Major Online Retailer
The Company does not have internal consensus or strategies concerning our most prominent environmental sustainability impacts or opportunities. There may be existing ad hoc initiatives (for example, we know that some alternative packaging is in use) but no comprehensive strategies, nor detailed metrics or reporting, exist specifically to focus on most material impacts.
GOAL STATE
The Company will have internal awareness of its top environmental impacts. The company will be equipped with metrics and reporting strategies to measure these impacts and will be able able to actively pursue more widespread management, goal-setting, etc.
- Establish an understanding of the scope and importance of packaging materials and carbon for the Company
- Why are these material issues for the company?
- What are the direct and indirect impacts of these topics? Which should be prioritized?
- In what way are these topics important to the company’s stakeholder groups?
- Determine which metrics the Company should use to measure their packaging and carbon impact
- What are the best metrics and associated unit of measurements for the Company to track and manage these impacts?
- Which KPIs are best practice for the industry?
- Outline the business-case for measuring these environmental metrics and KPIs
- What is the value of tracking these measurements?
- How do other peers or industry stakeholders utilize these metrics?
- How could these metrics be utilized internally? (i.e. in operational/daily-decision making, realizing efficiencies, etc.)
Resources ( 12)
Over three-quarters of the total environmental impact from products on retail shelves occurs deep in the supply chain, including greenhouse gas emissions from agriculture,... Read More
In an effort to be strategic and proactive, retailers are developing infrastructures that promote continuous improvement in product supply chain costs, risks, safety,... Read More
Every company has positive and negative economic, social, and environmental e ects on the world. We refer to the aggregate of these as its total societal impact. TSI is a... Read More
Comparison Sets: Maturity Models & Roadmaps
The Model is a tool for retail sustainability executives to identify the management practices that will drive improved corporate and environmental performance.The Model is... Read More
The Environmental Profit & Loss account (EP&L) enables a company to evaluate its impacts on natural capital, by attributing a monetary value to the consequences on... Read More
The green supply chain map is a leadership initiative dedicated to showcasing brands’ commitment to supply chain transparency and environmental management. It openly links... Read More
This report is aligned with a tool that RILA developed in 2015 called the Retail Sustainability Leadership Model. The report summarizes retailers' current progress along... Read More
Project ROI’s objective is to assess the business case for CR for the benefit of senior executives,boards of directors, and even Wall Street. The research has asked what,... Read More
Utilizes key business metrics to determine the return on investment of corporate sustainability activities. The Model & Toolkit offer companies a simple and direct... Read More
RILA's Retail Sustainability Management Resource Library is organized around the Retail Sustainability Management Leadership Model, a roadmap to help retail sustainability... Read More
Our customers’ world is changing fast. They are living through a period of great political, social and technological disruption. They’re looking for organizations they can... Read More
Fair Trade USA seeks to improve labor conditions in the production of apparel and home goods by engaging: 1) manufacturing facilities, 2) consumers, and 3) the buyers and... Read More
