What is a Sustainable Business Plan?
A sustainable business plan is a comprehensive plan that outlines the steps an organization needs to take in order to ensure its long-term sustainability. It includes objectives, actions, measurements, and goals that address environmental, social, and economic sustainability. A sustainable business plan is essential for any organization looking to reduce their environmental impact, create a more equitable workplace, and make a positive contribution to the world.
What's included in this Sustainable Business Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Sustainable Business Plan template for?
This Sustainable Business Plan template is designed to help both startups and existing businesses develop comprehensive plans to achieve their sustainability goals. It provides a structure to ensure that all key components of sustainability are addressed and ensures that your team is focused on the most important initiatives.
1. Define clear examples of your focus areas
A focus area is an area of focus for your sustainability plan. It might be reducing energy consumption, reducing waste, or increasing diversity and inclusion. Once you have identified your focus areas, it's important to think about the objectives that can be achieved under each focus area.
2. Think about the objectives that could fall under that focus area
An objective is a measurable target that you set for each of your focus areas. Objectives should be specific, measurable, and achievable. Examples of some objectives for the focus area of Reduce Energy Consumption could be: Reduce Electricity Use, and Invest in Renewable Energy .
3. Set measurable targets (KPIs) to tackle the objective
A key performance indicator, or KPI, is a measure of progress toward achieving your objective. For example, if your objective is to reduce electricity usage, your KPI might be to reduce total electricity usage from 500 kw/h to 300 kw/h. It's important to have clear, measurable targets for each objective so that you can determine whether or not you have achieved your goals.
4. Implement related projects to achieve the KPIs
A project, or action, is the steps you take to achieve your KPI. For example, if your objective is to reduce electricity usage, you might implement a project to install energy-efficient appliances. Projects should be specific, achievable, and have deadlines.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade is a strategy execution platform that helps teams achieve their strategic goals faster. With Cascade, you can track progress on your KPIs, visualize data, and collaborate with your team in real-time.