Implementation of

Sustainable Practices
in Business Operations
MEET OUR
TEAM
 MEET OUR
TEAM

Ashutosh Dudi
U22me157
DOME
 MEET OUR
TEAM

Hritik Sontakke
U22me157
DOME
 MEET OUR
TEAM

Anurag Parihar
U22me152
DOME
 MEET OUR
TEAM

Sahil Patel
U22me150
DOME
 MEET OUR
TEAM

Ronit Shah
U22me151
DOME
What is Sustainability?
Sustainability in business
means balancing economic
growth, environmental
care, and social
responsibility to meet
current needs without
compromising the future.
Connection to the Triple Bottom Line
People (Social Equity): Fair treatment of
employees, communities, and stakeholders.

Planet (Environmental Responsibility):

Conservation of natural resources and
reduction of ecological impact.

Profit (Economic Viability): Generating

financial growth while maintaining ethical
business practices.
Why Sustainability is Important?

Global Consumer
Challenges Expectations

Climate Change: Resource Depletion: Waste Shift toward eco-

Rising temperatures Overuse of natural Management: conscious buying
and unpredictable resources. Growing
weather.
and demand for
environmental ethical practices.
pollution.
Benefits of Sustainable Practices
Environmental:
Reduction in emissions and pollution.
Conservation of natural resources.

Economic:
Significant cost savings.
New revenue opportunities in green markets.

Social:
Enhanced brand reputation.
Increased customer trust and loyalty.
Benefits of Sustainability in Business

Improved Profitability:
Enhanced efficiency and
reduced operational costs.

Stronger Relationships:
Builds trust with customers
and employees.

Long-Term Risk Mitigation:

Safeguards against future
regulatory, environmental, and
market risks.
Key Areas of Focus
 Energy Efficiency

Waste Management

Water Conservation

Sustainable Supply Chains

Employee Engagement
 Energy Efficiency
Reduces Environmental Impact: Lowers carbon footprint and conserves natural resources.

Cost Savings: Cuts energy bills, delivers long-term ROI through reduced consumption.

Regulatory Compliance: Helps meet energy efficiency laws and prepares for future regulations.

Boosts Competitiveness: Drives innovation, enhances brand image, and attracts eco-conscious consumers.

Improves Reputation: Strengthens CSR efforts and builds trust with stakeholders.

Optimizes Operations: Streamlines processes, reduces downtime, and cuts maintenance costs.

Supports Global Sustainability: Contributes to achieving UN SDG 7 (Affordable and Clean Energy).
 Reduces
Pollution

Regulatory Saves
Compliance Resources

Waste
Promotes Management Reduces
circular Energy
Consumption
Economy

Boost
Cost
Brand
Saving
Image
Water conservation
Reduces Resource Depletion

Reduces water bills and operational costs

Energy Savings

Encourages smarter water usage and waste reduction

 Green
Procurement

Improved
brand Efficient
image & logistics
cost saving

Sustainable
Supply Chain

Technology Circular
integration economy

Supplier
collabration
Employee Engagement
STEPS TO
IMPLEMENT
SUSTAINABLE
PRACTICES
SUSTAINABILITY
Green  Renewable energy
 Green transportation

Technology
 Carbon capture and storage
 GREEN BUILDING AND TECHNOLOGIES
Frameworks and Tools

 Key frameworks:

o UN SDGs

o ESG Reporting

o ISO 14001 Certification

 Tools:

o Carbon footprint calculators.

This Photo by Unknown Author is licensed under CC BY-NC
o Sustainability dashboards.
Challenges in Implementation
High Initial Costs:

Resistance to Change

Lack of Expertise

Supply Chain Challenges

Solutions to Overcome Challenges
 Access
Start small, with Invest in
government Collaborate with
scalable employee
subsidies and industry experts.
initiatives. training.
incentives.
Case study-Tesla
 High initial
cost

Regulatory Scalability
Pressure challenges issues

Competition
Overcoming Challenges:

Innovation

Sustainability
Focus

Public Awareness
Case Study: IKEA
IKEA, a global leader in home furnishings, has
long been committed to sustainability as part of its
business strategy. By focusing on sustainable
wood sourcing and renewable energy use, IKEA
has achieved significant cost savings while
reducing its environmental footprint. Let's explore
how this approach benefits the company, its
customers, and the planet.
 Sustainable Wood Sourcing

 Challenge: Deforestation and unsustainable logging are critical environmental issues. As a major
user of wood, IKEA faced scrutiny over its sourcing practices.

 Solution:
o IKEA committed to sourcing 100% of its wood from either Forest Stewardship Council
(FSC)-certified forests or recycled sources.
o Investments in sustainable forestry projects to ensure long-term availability and responsible
usage.

 Impact: By 2020, IKEA reported that over 98% of its wood came from sustainable sources,
supporting forest conservation and local communities.
• Renewable Energy Use

 Challenge: As a global retailer, IKEA's operations consume a significant amount of energy,

contributing to carbon emissions.

 Solution:
o Massive investments in renewable energy projects, including wind farms and solar
installations.
o Goal to become 100% renewable by generating as much energy as they consume by 2025.

 Impact:
o By 2019, IKEA had installed over 1 million solar panels on its stores and warehouses.
o Operates more than 500 wind turbines globally.
o Reduced energy costs and carbon emissions, aligning with global climate goals.
 • Cost Savings: Renewable energy significantly
lowered operational costs, making IKEA more
competitive.
• Environmental Benefits: Reduced carbon

Key
emissions and promoted sustainable forestry
practices.
• Enhanced Brand Image: Demonstrated
Impa leadership in corporate social responsibility,
attracting eco-conscious customers.

cts
• Interesting Facts to Include
 IKEA’s ambitious goal to become “climate positive” by
2030 involves removing more greenhouse gases than the
company emits.
 Introduction of sustainable product lines, like furniture
made from recycled materials and products designed to
reduce waste.
 IKEA has a “buy-back” scheme encouraging customers to
return old furniture for recycling.
 Future Trends in Sustainability
• . Rise of Green Financing

 What It Means:
Green financing refers to funding initiatives that aim to mitigate environmental damage or
promote sustainable development. These include green bonds, climate funds, and sustainable
investments.

 Why It Matters:
o Encourages investments in renewable energy, sustainable infrastructure, and conservation
projects.
o Financial institutions are increasingly integrating Environmental, Social, and Governance
(ESG) criteria into their lending practices.
Use of AI and IoT for Sustainability
• Artificial Intelligence (AI): • Boosts operational efficiency while
Optimizes energy usage, improves reducing environmental footprints.
waste management, and predicts • Enables real-time monitoring and
environmental changes. quick decision-making.
• Internet of Things (IoT): Enhances
resource efficiency through
connected devices (e.g., smart
grids, precision agriculture).

What It Why It
Means: Matters:
Focus on Net Zero Emission Goals
• Achieving "net zero" means • Critical for meeting global
balancing the amount of climate goals such as those
greenhouse gas emissions outlined in the Paris
produced with the amount Agreement.
removed from the • Companies, governments,
atmosphere. and individuals are pledging
to adopt carbon-neutral
practices.

What It Why It
Means: Matters:
The Role of Government Policies
Government
initiatives and
subsidies.

Policies like
carbon credits
and green taxes.
"Let’s make sustainability a
core part of every business
decision”
Sustainability is not just
a goal, it’s a journey