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At this event, I noticed three themes, pathways to achieving sustainability and netzero goals, emerge. Supply Chain is a Triple-Bottom-Line Issue The triplebottomline is a framework to measure the benefit to the people, planet, and monetary outcome (profit). It's also about profit.
Even more exciting, when we collaborated with leading-edge customers, including builders, designers, contractors, and OEMs, we could make net-zero energy buildings more practical, renewable energy more affordable, and roofs more durable. improved insulation, better reinforcements for wind turbine blades, more durable roofing).
We are one piece of a big puzzle,” she says, estimating that two-thirds of the investment required to achieve net-zero by 2050 will come from the private sector. In the 1990s, progressive economists were pushing for what they called full-cost accounting: a triplebottomline that took profits, people and the planet into consideration.
Alongside traditional renewable technologies, such as solar, wind and hydropower, it can harness a triplebottomline effect, solving climate change, the energy resilience crisis and price in one big bang. The netzero roadmap. The move wouldn’t just be more sustainable.
Net-zero emissions – According to the Science-Based Target initiative (SBTi), “NetZero emissions are achieved when anthropogenic emissions of greenhouse gases to the atmosphere are balanced by anthropogenic removals over a specified period.”. This model is also described as reuse, repair and re-manufacture.
The leader in water, hygiene and energy services sells to a diverse collection of institutions such as hospitals, food and beverage providers, as well as heavy industry including power plants and plastic manufacturers. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030.
We recently established industry-defining sustainability goals: working to have 100% of our labeled ingredients Made Traceable (publicly sharing final place of manufacturing and supplier names), sustainable packaging by 2025, and working toward netzero emissions. It’s openly sharing the science and sourcing behind our products.
It’s evidence that the “triplebottomline” (profit, people and planet) doesn’t compromise the single bottomline – but expands it. Since 2002 (the year we published our first Best 50 list), Best 50 companies have rewarded their shareholders with 128% higher returns than the overall composite index.
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