Sustainable business model tool: the 8 factors to plan around in practice

It’s going to be essential for every business to have a sustainable, environmentally-driven business model. This will be necessary to be competitive in this future world, and to create a platform for future growth that’s acceptable to governments, society and customers.

White Space Strategy has developed a planning tool to help companies with this transformation. It includes 32 practical measures your business should be considering right now, based on insights from sustainability experts and global business leaders.

Why is this important, though?

Firstly, a sustainable business model will be required to give the world any chance of hitting the commitment to keep global warming below 1.5oC. Secondly, it will be needed to avoid rejection by customers who, by then, will be increasingly motivated by sustainability when deciding where to spend their money. And, thirdly, those same customers will be the employees of the future, with choice over who they work for and with what level of commitment.

To me, climate change is the number one challenge facing humanity. It’s something which I’ve dedicated my career to and, increasingly, I can say that it’s something that everybody will need to dedicate parts of their career to as well

David Watson, Head of Energy Transition, Cadent Gas

White Space Strategy’s sustainable business model planning tool has been co-created with business leaders and sustainability experts. It includes 8 business model areas that need to become aligned with sustainable goals, along with an easy-to-use checklist tool to assess and measure progress.

Can White Space Strategy help companies use the tool in practice?

Yes – White Space Strategy can run a half day Sustainable Business Model workshop to assess your organisation against the 8 areas covered by the tool. This typically involves 5 – 10 attendees from across relevant areas of the organisation, and delivers an assessment of the current level of performance and key areas to focus on for improvement.

To discuss this further, please contact John Bee, White Space Strategy Managing Director: john.bee@whitespacestrategy.com.

Click on the link below to download the tool, to begin thinking about how your organisation could adopt a more sustainable business model.

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