RRS Launches Sustainability Scorecard® Version 3
May 14, 2014, Ann Arbor, Michigan – Sustainability and recycling consultancy, RRS, announces the launch of the Sustainability Scorecard® Version 3, a performance assessment tool that identifies key risks that are material to a sustainable business strategy, and provides an action plan to create more value from products and services.
First introduced over 15 years ago, the Sustainability Scorecard® has been relied upon by global, reputation-conscious brands to benchmark and guide corporate strategy development. While any entity with an environmental footprint could utilize this tool, it is geared toward private sector companies at the corporate level – manufacturers, consumer packaged goods, hospitality and commercial service providers – that need to improve their sustainability profile in response to customer and investor inquiries.
Version 3 has evolved to address emerging risks, recognizing unique leverage points in different products. Given that many aspects and impacts relating to sustainability are industry-specific, the tool is flexible – focusing on the appropriate impact areas for each client. It is also more adaptable to generate baseline data for reporting, measure ongoing improvement, and provide specific tactics for achieving growth without impacts.
The assessment is comprised of four key categories:
- Management systems necessary to create critical employee engagement
- Metrics for measuring improvements
- External Influences customers, supply chain partners, trade associations, communities and other stakeholders
- Materiality throughout the product life cycle
“Sustainability risks are the next set of risks that could jeopardize a corporation’s continued viability in the marketplace,” states Susan Graff, RRS Principal and VP Global Corporate Sustainability. “The Sustainability Scorecard® addresses the common elements of the major sustainability indices used by customers, investors, and insurers to evaluate company sustainability. By identifying gaps and a comparative analysis, companies can develop an action plan for improvement.”
For more information: Sustainability Scorecard®
Founded in 1986 and headquartered in Ann Arbor, Michigan, RRS is a sustainability and recycling consulting firm that strives to create a world where resources are managed to maximize economic and social benefit while minimizing environmental harm. The firm has cutting-edge professionals, engineers, economists, and communication specialists who share this vision and possess core strengths in materials and recovery, life cycle management, applied sustainable design, and collaborative action development. RRS serves both the public and private sectors to manage change in a resource-constrained world. www.recycle.com
Melissa Radiwon, Marketing Manager, RRS
734-996-1361, ext 237 firstname.lastname@example.org