This port had experienced public concern for investment decisions it had made in recent years and was looking to develop a public-facing decision-making framework that would apply sustainability criteria alongside traditional business criteria to potential socially responsible investments.
Sustainable Business Consulting helped this port develop a decision-making framework with weighted criteria, including economic, environmental and social factors aligned to their strategic goals and initiatives. The process included:
- Working with several stakeholders to understand which concerns should be captured in the sustainability framework
- Creating a policy memo to announce the sustainability framework
- Understanding green business market competition on sustainability, climate and clean tech initiatives
- Developing supplemental science-based greenhouse gas targets to ensure that the sustainability framework was supported by tangible environmental and green business goals
This port announced a goal to become the first carbon negative port by 2050, which provided a brand-enhancing platform for the organization and its sustainability leadership. The decision-making framework is being piloted on several projects in the coming year which will increase the port’s transparency and corporate sustainability initiatives with the general public.