This section is a self-briefing guide to measuring the return on sustainability. (ROSI)
.It’s a brass tacks approach developed at the NYU Stern Business School Center for Sustainable Business. Here is an executive summary..
The ROSI methodology explains how to quantify the financial benefits of sustainability initiatives by first identifying material ESG (Environmental, Social, and Governance) issues, determining relevant sustainability strategies, and translating these into economic value through sharply-defined and intelligently measured actions.
This involves a five-step process: assessing practices, defining benefits, quantifying benefits, monetizing them, and forecasting ROI. These slides includes various case studies and clear examples of how ROSI has been applied in segments such as automobile, apparel and agriculture. For example, in agriculture, strategies like improving soil health, sustainable sourcing, wise use of water and reducing chemical use have led to substantial economic and operational benefits.
The ROSI approach is a brass tacks way to move the needle on things material to your business.
To learn more about sustainability, browse the Resources Section.