Creating new norms with:
To redefine value businesses have to do more than communicating, you have to start measuring and building examples of proof. SIBKenya does not have their own tool to measure. But others do have very specific tools and ways to get the proof you want to redefine value. Redefining Value has everything to do with looking at your full business impact and have a positive impact on People and Planet and Profit (within your organisation and outside). Human capital, Intellectual capital, Natural capital, Manufactured Capital, Social capital are examples of looking at how Future Proof and healthy your organisation is.
Profits will not guarantee whether your business is still there in 2 years time. How sustainable is your business model, are you taking care of Human Capital, having a low turnover of staff? Have the right talents on board to drive the company forward and stay innovative? Do you have (renewable) Reliable resources, are they not impacting environment in bad way? Access and control over your value chain? Hos is your ‘social’ position? All key elements to look at if you like to judge your sustainability.
Projects & Programs
- Boost Better Business (B3)
The Boost Better Business Program (B3) is a partnership between SIB-Kenya and Blab East Africa to support businesses by awareness creation on business impact on people, planet and profit; Information on sustainable inclusive business impact, SDG’s and climate change; measuring impact; Supporting and monitoring Business progress and creating frontrunners in private sector in Kenya. All businesses are encouraged to use their ability to create positive impact.Assess your business performance, measure it, improve it -> and make an improvement action plan. - Travelife
We are now a certified local trainer of Travelife! We can now help your travel business to improve and have a positive impact on people, planet and profit. Businesses that prove they meet the Travelife sustainability criteria become Travelife certified. - Other tools
There are reporting tools like the GRI and IFC, but businesses should not be limited to these. A business can tailor their reporting to their own specifications.The key consideration is the purpose and the benefit. Even though each practice has emerged from unique needs and circumstances, both provide insight and data that other business and the government can use for practice and policy. You can also track your areas of improvement and monitor the business sense of what you are doing. You become a business case!
