P4.5: Strategic Collaborations
CERES ROADMAP EXPECTATION
|Companies will collaborate within and across sectors to innovate and scale sustainable products and services, and contribute to the development of open source solutions.|
In early 2013, GM and Ford announced a new partnership to develop new fuel efficient transmissions for cars, SUVs and trucks. Not only is this an opportunity for scaling environmentally sustainable product innovations--but collaboration will also mean significant cost savings. Read more...
Check out Roadmap in Action for more examples of how companies are implementing the Ceres Roadmap.
Sometimes a single company just cannot go it alone. Companies should assess the intra- and inter-industry landscape for collaborations that create business value and bring sustainability solutions to scale. NGOs and other groups beyond industry can also be a valuable source of information and guidance. The early success of all such collaborative efforts has led to a variety of different combinations of organizations developing solutions that contribute to sustainability performance.
To address the complexity of sustainability challenges, many industry-leading companies are leveraging new ways to bring their sustainability solutions to scale. By open sourcing knowledge, tools, and technologies, these companies are stimulating collaborative and innovative thinking while simultaneously transforming the traditional notion of intellectual capital.
HOW ARE COMPANIES ARE PERFORMING?
In the The Road to 2020: Corporate Progress on The Ceres Roadmap For Sustainability, we evaluated 600 of the largest U.S. companies on their progress towards meeting the expectations laid forth in the Ceres Roadmap for Sustainability using data compiled and analyzed by Sustainalytics.
For this first report it was not possible to capture all of the data required to fully assess all of The Ceres Roadmap expectations. For some Ceres Roadmap expectations, companies are not yet disclosing the information needed to assess their progress and in other cases, we did not have access to the type of data needed to adequately assess corporate progress.
We will be looking at additional indicators in the future to capture the meaning of the expectations more completely and will develop new indicators to capture data as it is more readily disclosed by companies.