Elements and Performance Criteria
- Inform the development of a plan for sustainability.
- Research into the aspects of sustainability is conducted and analysed.
- Regulations applying to the sustainable operation of the business are identified.
- Procedures for assessing compliance with sustainability regulations are evaluated.
- Concepts of triple bottom line planning, budgeting and reporting are reviewed and used to inform the planning process.
- Review current sustainable business practices.
- Prepare a business sustainability plan.
- Objectives and performance measures for the business sustainability plan are identified in consultation with organisation's key staff.
- Market conditions and market potential are analysed to inform plan development.
- Research and industry intelligence are collated and analysed to build understanding of customer and community needs and preferences.
- Competitors' sustainable offerings and market position are identified and reviewed.
- Costings of proposed strategies are determined and included using standard budgetary processes.
- Impact of proposed strategies on the community and the reputation of the business is reviewed and considered in the planning process.
- Environmental impact of the proposed strategies is identified and evaluated to ensure positive outcomes for the business, community and environment.
- Business sustainability plan is prepared using standard organisational procedures and approved by appropriate senior staff.
- Plan for implementation.