freightweek provides insight on sustainable business practices for the global logistics industry.
Business sustainability is often defined as a way companies manage their financial, social and environmental risks, obligations and opportunities. This is sometimes referred to as people, profits, and planet – and process.
The World Council for Economic Development defines sustainable development as meeting “the needs of the present without compromising the ability of future generations to meet their own needs”.
A sustainable industry is one that addresses economic efficiency (innovation, prosperity, productivity); social equity (poverty, community, health and wellness, human rights); and environmental accountability (climate change, land use, biodiversity). Companies that are sustainable have been shown to attract and retain employees more easily and experience less financial and reputation risk. These firms are also more innovative and adaptive to their environments.
Freightweek is published as a weekly online newsletter and print & digital monthly magazine by HU Digital Media Ltd. and circulated to manufacturers, academics, logisticians, airlines, ocean carriers, 3PLs, freight forwarders, general sales agents, airports, ports and charter brokers.