An introductory explanation of sustainability presented in a business context.
The McKinsey Global Institute estimates that the world could save $2.9 trillion every year by the year 2030 if it eliminated waste – put simply: if businesses used their resources (raw materials, labour and energy) more efficiently.
Waste is an indisputable sign that a business is bleeding money. Waste is any substance that emerges from the business which cannot be sold and is proof that the business is not obtaining 100% from its purchases and investments.
This video provides an introductory explanation of sustainability and business with an overview on how multi-million dollar household-name businesses have reduced waste to increase productivity, enjoy substantial cost savings, increase profits, and create jobs.
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