Post by account_disabled on Feb 19, 2024 23:52:55 GMT -4
Today, the world is going through major social and environmental challenges such as inequality, the health crisis and climate change, factors that make evident the need for society, governments and companies to work on actions that benefit the planet and all people. people. Triple Impact is a business strategy that not only seeks financial profitability, but also aims to generate a social, environmental and economic impact through the main activity of the company, which benefits society and contributes to caring for the environment. . Therefore, triple impact companies must incorporate three fundamental pillars into their business model and production chain, which are: Social look. It allows the organization to establish clear, quantifiable and comparable objectives for its impact on people. It also helps you embrace new values of equality, equity and diversity, engage in fair business practices and engage with responsible suppliers.
Environmental impact. Companies must include their environmental commitment throughout their production or service process. Likewise, they must present reports on their processes and the environmental impact they generate. This will help them know the status of their sustainable objectives, achieve certifications that endorse their practices and even seek a greater impact by incorporating the perspective Europe Cell Phone Number List of regeneration. Economic benefit. Base economic profitability on pillars of social and environmental impact, which will allow the company to have sustainable growth and more ambitious goals. What does it mean to be a triple impact company in Mexico? But why should companies be triple impact? The main reason is that the traditional economic model of unlimited resource extraction is no longer sustainable over time and is losing value compared to sustainable economic models, such as the circular economy or the green economy. Furthermore, companies must now adapt to the needs of consumers who are increasingly leaning toward products or brands interested in addressing the triple impact.
And how can a company have triple impact? To transform into a triple impact company, the first step for the company is to measure its social, environmental and governance impact, in order to manage it, improve it and be recognized as such. There are different initiatives that provide measurements and tools that help organizations with this goal. One of these initiatives is the B Movement which, through its B Impact Assessment, helps small, medium and large companies measure, manage and improve their impact in relation to their workers, the community, consumers and the environment. Currently, more than 190,000 companies use the B Assessment around the world to measure their impact. In addition, those that obtain the best score after completing the B Assessment can also opt to be certified as B Companies. Today there are more than 5,500 certified B companies in 80 countries and in Mexico we have more than 90 certified B or triple impact Companies .