Sustainability: Managing the Known and Mitigating the Unknown
Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
Business sustainability risk affects every aspect of a company. While some of these threats may be obvious, other hidden and potentially more disruptive risks may prove to have the greatest impact to short and long-term business sustainability. For this very reason, many surveys indicate that more than 50% of global senior executives say their company has a formal sustainability strategy in place and an additional 31% plan or expect to adopt one.Digging into the ‘day-to-day’ details of these threats to unprepared organizations or traditional business models, one can easily quantify the value of business sustainability risk management. • Controlled operating cost and supply costs • Managed disruptions to supply or loss of supplier relationships • Minimized loss of revenue or market share However, recent events around the world have raised the stakes for business executives. As described in the Supply Chain Management Review, business sustainability risk mitigation has elevated from a compliance activity to an integrated philosophy essential to a company’s strategic planning process. Click here to read more on businss sustainability.
Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".