Page 157 - EN_final
P. 157

Management of sustainability in details


                  Step 3 and 4: Setting goals and Integrating


                  This module takes a closer look at steps 3 and 4 of sustainability management: Setting goals and
                  Integrating. Step 3 refers to goal setting and is directly linked to the outcomes from the influence
                  appraisal  and  prioritization  falling  under  step  02.  This  is  a  critical  factor  in  achieving  good
                  outcomes since setting specific, measurable, and time-bound sustainability goals help promote

                  communicated  preferences  and  conduct  routine  across  the  organization.  The  SDGs  enable
                  companies to establish clear goals and effectively share dedication to sustainable development
                  (Izzo, Granà, Izzo & Busco, 2020). The step 03 can be divided into:

                      •   specify the scope of goals and KPIs,

                      •   specify baseline and choice goal kind,

                      •   specify the level of ambition,
                      •   declare commitment to SDGs.


                  The  organization’s  strategy  determines  how  it  plans,  supervises  risks,  and  maximizes
                  opportunities; therefore, companies should develop their strategic objectives in order to support
                  suitable and effective SDGs via their business model. It means including resource distribution
                  plans and clear, quantified short, medium, and long-term targets (UN Global Compact, 2015).
                  After goal setting, specific KPIs are recognized together with individual goals suitable for each

                  organization´s strategic priorities. At this point, step 04 occurs; integrating sustainability into the
                  business  and  embedding  targets  across  processes  and  operations  plays  an  essential  role  in
                  managing these goals (SDG Compass, 2015a). Integrating sustainability helps convert all aspects
                  of  an  organization´s  core  business  (product  and  service,  customer  segments,  supply  chain
                  management, managing raw materials, transport and distribution networks, and product end-of-
                  life) (Verboven & Vanherck, 2016). Companies are increasingly working with partners to enhance

                  their impact and reach to pursue shared objectives or address systematic changes. This step
                  consists of actions (SDG Compass, 2021):
                      •   anchoring sustainability goals within the business,

                      •   ingrain sustainability across all operations and processes,

                      •   encounter in partnerships.










                                                                                                      2
                                                                                                     157
                                                                                                     157
   152   153   154   155   156   157   158   159   160   161   162