Value Creation
Mapping Your Sustainable Value Creation
While much of the focus on ESG has been on risk reduction, increasingly there is a recognition of the value that a company can create from sustainability and the full suite of ESG topics. Materiality, strategy and goal-setting can all be used to create new value for companies. In fact, 98% of CEOs now feel it is their role to make their business more sustainable.[1]
WholeWorks LLC has developed a tool to help companies find value creation opportunities through ESG strategies and program development. 
Their program is based on the notion that these opportunities are often missed because managers fail to recognize the potential of sustainability to stimulate innovation, increase revenues, decrease costs, reduce risks, attract capital, and strengthen the business in other ways (see the Whole Works White Paper). Their concept uses the Sustainable Value Creation Map to help companies identify how an ESG initiative is connected to the business’ resources, capabilities, core processes, and competitive advantages.
Making ESG an integral part of the business requires understanding how ESG initiatives can strengthen a competitive strategy and create financial value. Their accelerates the ability of professionals and leaders to integrate ESG issues across their companies, creating value and transforming traditional business to sustainable.
For more information, please refer to the September workshop on Value Creation (download slide deck):
Carbon Credits & Offsets
The Environmental chapter discusses what Carbon Credits and Carbon Offsets are, and how they should be used within an emissions inventory.
But can recyclers also sell carbon offsets, as a way of creating value from their environmentally beneficial activities?
Technically – the answer is probably “yes”. However, the cost and effort required may be greater than the economic benefits, and the scale needs to be large enough to capture the complete value chain where the additional and permanent carbon emissions offsets would be realized for sale into the voluntary marketplace.
ReMA’s Carbon Credits & Offsets presentation walks through this question in more detail.