As sustainability has become more prevalent it has become clear that companies have a pressing need to incorporate sustainability into their business. The purpose of this study is to analyze the ways that integrating sustainability can actually provide a financial benefit for a company. Through interviews and extensive research, we will target sustainability initiatives that work for both small and large businesses. This is another key part of our research; addressing the discrepancy in how businesses of different sizes are able to use sustainability, and then finding sustainability initiatives that recognize this discrepancy and are effective for businesses of all sizes.
As sustainability has become more prevalent it has become clear that companies have a pressing need to incorporate sustainability into their business. The purpose of this study is to analyze the ways that integrating sustainability can actually provide a financial benefit for a company. Through interviews and extensive research, we will target sustainability initiatives that work for both small and large businesses. This is another key part of our research; addressing the discrepancy in how businesses of different sizes are able to use sustainability, and then finding sustainability initiatives that recognize this discrepancy and are effective for businesses of all sizes.
Through the interviews of three large corporations (Amazon, Dell, and Lowes), and four small businesses (Exel Shirts, Goode Deals, Desert Dream Ice Cream, and FitzGerald and Sons Contracting) we were able to discover several very effective sustainability initiatives, such as ocean plastics recycling at Dell or packaging advertisements at Amazon. This thesis then discussed what characteristics of these plans are easiest to transfer and implement for businesses of all sizes, classifying the “ideal” sustainability initiative. Possible revenue earners like reusing scrap, and the intangible benefits like saved labor of telecommuting as some of the most significant financial value that sustainability can provide for companies of all sizes.