- | January 24, 2023
Traditional, linear business thinking won’t solve social and environmental issues. Executives need systems thinking.
Sustainable Innovation
Innovation is vital for a company’s survival and growth. Firms that don’t innovate fall behind their competitors and ultimately go out of business.
However, traditional forms of innovation may be harmful for employees or over-exploit natural resources. “Sustainable innovation” aims to address those unintended social and environmental impacts. It involves changing a company’s products, services or processes to produce long-term social and environmental benefits while creating economic profits for the firm.
That approach can produce real benefits for businesses. For example, research shows that companies that consider stakeholders produce more patents and also more impactful patents.
NBS can guide you on the sustainable innovation journey. We have a host of resources, from case studies and examples to step-by-step guides.
And, check out our partner organization, led by NBS Founder Tima Bansal: Innovation North.
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The Latest of Sustainable Innovation
- | April 5, 2022
A 5-part framework shows how companies can adopt social purpose. Lafarge Eastern Canada has used it to guide transformational change.
- | March 21, 2022
Learn how to survive and thrive while managing a green start-up. Start-up founders and advisors provide counsel.
- | January 18, 2022
Brands are increasingly held responsible for their suppliers’ social and environmental actions. Blockchain can create supply chain transparency.
Partner with NBS to grow our resources on this topic.
The Basics of Sustainable Innovation
- | September 28, 2022
Greenwashing harms the planet and can hurt your company’s bottom line. Here’s how to make your sustainability claims accurate.
- | August 22, 2022
Art and music can spark imagination, drive emotion, and create meaning. Businesses can use this power to advance sustainability.
- | July 27, 2022
International migration is part of our world. Businesses have a central role in managing this workforce. Learn more from the experts.
- | July 22, 2022
Business school students want to create sustainability impact. Here’s how educators can help students drive change.
- | July 5, 2022
Carbon reporting is becoming mandatory for many companies. Find out how your can get ready to disclose its carbon emissions and policies.
- | June 29, 2022
After NBS issued a statement on the Ukraine War, stakeholders weighed in. Director Jury Gualandris shares lessons about crisis response.
- | June 13, 2022
Carbon reporting isn’t a perfect system. But it can help you to lower climate-related financial risk, spur innovation and reduce emissions.
- | June 7, 2022
Sustainable finance provides benefits for business and the planet. Find out what it is, why it matters, and how to get beyond the talk.
- | May 26, 2022
Conscious consumerism can mean more sustainable impact. But it’s a goal companies and consumers need to achieve together.
- | May 25, 2022
Engaging through the Network for Business Sustainability is better than ever. Check out our new capabilities.
- | May 18, 2022
Learn what science says about climate change’s causes, impacts and solutions — especially for business.
- | October 19, 2021
By building sustainability into innovation, companies can create products, services, and processes that are good for both society and the organization.
What is Sustainable Innovation?
Ju Young Lee
| October 19, 2021
By building sustainability into innovation, companies can create products, services, and processes that are good for both society and the organization.