Business operations have invariably depended on natural resources for raw material, which form the backbone of the supply process. The immense stress on the earth’s natural capital has meant that business now needs to look at a more efficient use of resources, such as the use of a closed loop system. This category celebrates a ‘less is more’ approach to satisfy human needs without exhausting our natural reserves.
We are looking for examples of responsible capitalism, with emphasis on ‘valuing nature’ alongside economic profit.
This indicator will evaluate your organisation’s impact on exhaustible natural resources, including forests and fossil fuels. This will look look at your organisation’s dependence on natural resources for primary and secondary operations (eg: manufacturing and packaging); shift towards alternative sources and the extent of closed loop systems in place.