A sustainable company is one that articulates harmoniously with society, contributing with its activity to generate social value in the community in which it works. Now, from the production side, it is the company capable of reconciling economic development with the development of new environmental technologies, achieving a more profitable and cleaner practice is the so-called “triple line of results”: creation of social and environmental value a social.
The triple bottom line or triple bottom line is a term related to sustainable business, which refers to the performance of a company expressed in three dimensions: social, economic and environmental. The evidence of performance in relation to the triple result is manifested in the sustainability reports or corporate social responsibility.
Ideally, an organization with good performance in triple-bottom accounting terms would have as a consequence the maximization of its economic benefit and environmental responsibility, as well as the minimization or elimination of its negative externalities, emphasizing the organization’s social responsibility towards the groups of interest, and not only before the shareholders
The socially responsible company is one that assumes citizenship as part of its purposes, basing its vision and social commitment on principles and actions that benefit its business and positively impact the communities in which it operates.
WHAT DOES ESR PROMOTE?
Corporate Social Responsibility responds to fundamental business principles, which, with their knowledge and their deepening, lead to their successful implementation.
- Respect for the dignity of the person
- Decent employment
- Solidarity
- Subsidiarity
- Contribution to the common good
- Stewardship
- Trust
- Ethics in business
- Prevention of illegal business
- Community engagement
- Transparency
- Honesty and legality
- Justice and equity
- Entrepreneurship
- Social development
What advantages do Sustainable Companies have?
They have many advantages, among the main ones:
- Savings on input receipts: energy and water
- Consumable savings
- Possibility of developing new services or products
- Empowerment and pride of the workforce
- Greater acceptance of the consuming public
- Positive image before society
- Possibility of access to preferential credits
- Tax incentives
- Helping the environment
- Feeling of satisfaction
- In some cases exchange of Carbon Bonds
Sustainable companies in Mexico must efficiently use resources throughout the entire life cycle of products, that is, from the extraction of raw materials required for their manufacture, to the final disposal or reintegration into the production chain of waste, passing through production and consumption processes.
The Secretary of Environment and Natural Resources (Semarnat) currently has 2,000 sustainable companies registered in Mexico with the Clean Industry certificate, which speaks of the commitment by companies to sustainable development and the regions in which they are located.
Challenges of sustainable companies
Assimilate the environment. It is necessary to fully assimilate the problem that is going to be tackled with clean technology.
The three growths. Being a sustainable company implies achieving economic, social and environmental growth. It is necessary that the entrepreneur knows each process of his company so that he can explain to clients and investors how it generates a positive impact on society.
Clarity, clarity. The entrepreneur must know how to expose the benefits of his company, but also its weaknesses, as well as know how to recognize and attack them before the competition does or they are pointed out by a client.
Therefore, it is important that both producers and consumers, as well as government entities, consider various criteria that favor the development and promotion of practices of sustainable companies in production and consumption. Being a sustainable company in Mexico implies achieving economic growth, social and environmental.
A better company, in a better world
Many times we have heard the term socially responsible companies, we know that they are those that care about our environment and seek to leave their mark on society through altruistic practices. Corporate social responsibility (CSR) also called corporate social responsibility (CSR) or socially responsible investment, is defined as the active and voluntary contribution to social, economic and environmental improvement by companies, generally with the aim of improving their competitive situation, evaluative and its added value. The organization’s joint performance evaluation system in these areas is known as what we mentioned earlier: the triple bottom line.
At CORI CONSULTORES we like to participate in activities for the benefit of non-profit institutions, thus promoting social responsibility and improving our environment. We recently launched the campaign titled “TAPITAS CON AMOR” which consisted of collecting the lids from plastic containers. They were delivered to the AMANC VERACRUZ foundation, managing to collect approximately 5,000 caps internally who raised the funds from the caps collected to solve the children’s chemotherapies, thus supporting the fight against childhood cancer and at the same time helping the environment by promoting recycling culture.
Currently, sustainable companies in Mexico that care about the environment and promote social responsibility have greater opportunities for success in the market, due to the fact that, every time, there is a greater preference on the part of consumers to buy products that meet the conditions of environmental sustainability and adding good actions to our social environment.
Author: Laura Mojica Romero
Author: LAE Laura Mojica Romero
