Stakeholder Engagement
Sustainability requires a company to look both internally and externally to understand their environmental and social impacts. This requires the engagement of various stakeholder to understand impacts anc concerns. A business can address sustainability internally by educating employees and seeking to reduce impacts through waste reduction, enegergy efficiency, etc. Employee engagement can be a powerful motivator by having a philanthropy committee or a green team. As a company looks externally, stakeholders include customers, suppliers, community, and non-government organizations.
Read more about this topic: Corporate Sustainability, Strategy For Corporate Sustainability
Other articles related to "stakeholder":
... Stakeholder management supports an organization's strategic objectives by interpreting and influencing both the external and internal environments and by creating positive ... Stakeholder management is a process and control that must be planned and guided by underlying principles ... Stakeholder management within businesses, organizations, or projects prepares a strategy utilising information (or intelligence) gathered during the ...
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