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Embrace the Business Advantages of Sustainability and Resilience
Early indicators suggest that these two topics will be at the forefront of the Department of Transportation under President Biden, but they could also be key to making companies more profitable.
April 21, 2021
The 3Ps of sustainability are a well-known and often referred to as the triple bottom line.
Sustainability has been an often-mentioned goal of companies yet measuring the business advantages of sustainability while maintaining a profit and growth can be difficult. To truly embrace sustainability, a mindset shift needs to happen.
Sustainability is much more than “going green”. It is an all-encompassing approach to a framework called the triple bottom line, which is a venn diagram where three key factors, people, planet and profit, come together and where they intersect, is sustainability.
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Brits have bought a veritable mountain of bagged snacks during the pandemic. They’ve tucked into almost 60,000 tonnes more than in 2019. As such, the value of crisps, popcorn, nuts and other savoury snacks has climbed by 13.1% to the dizzy height of £3.8bn [Kantar 52 w/e 27 December 2020].
That’s an extra £441.8m. And there’s good reason for this massive pile, suggests Cofresh brand manager Jon Roberts. “With cutbacks and restrictions on daily life, snacking has become the affordable treat,” he says. “At-home snacking is one area that has experienced continued growth.”
That’s putting it lightly. Lockdown sparked an avalanche of sales in crisps. The sector’s volumes are up 15.1%, while popcorn has risen 14.8% and nuts are up 12.2%.
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