A sustainable company creates significantly more value in the world than the resources it consumes. With this basic “equation”, one framework to use when driving sustainability within a company is to focus on three pillars:
(1) reducing resource consumption/ increasing resource efficiency;
(2) maximizing the value of the company’s product or service offering; and
(3) creating social value with the company’s profits, employees, and influence. Doing this in a clear and concrete way that aligns with the company’s overarching strategy engages and motivates employees and drives success at the triple bottom line.
Managing Resources to Create Value: Culture and Leadership Matter
Eastman is approaching its 100th year of doing business. During that time, we have developed a culture of responsible resource stewardship. Our environmental commitments are consistent with the company’s dedication to maintaining an excellent environmental compliance record and operating as a responsible corporate neighbor.
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Author’s Biography
David A. Golden is Senior Vice President, Chief Legal & Sustainability Officer, and Corporate Secretary for Eastman Chemical Company. Golden has overall responsibility for Eastman’s Legal, Corporate HSES, Product Safety & Regulatory Affairs, Sustainability, Government Relations, Community Affairs, and Public Policy functions, which has personnel in the United States, Europe, Asia and Latin America. He also has overall responsibility for Eastman’s Global Business Conduct and International Trade Compliance programs. Immediately prior to this position, he was Vice President, Associate General Counsel, and Corporate Secretary with overall responsibility for Eastman’s Legal Department.