The 80/20 rule can be applied to sustainability efforts from "summary" of Accelerating Sustainability Using the 80/20 Rule by Gareth Kane
The 80/20 rule, also known as the Pareto Principle, states that roughly 80% of the effects come from 20% of the causes. This principle can be applied to sustainability efforts in a variety of ways. By identifying the 20% of actions that will have the greatest impact on sustainability, companies can focus their resources and efforts on those areas that will make the biggest difference. In the context of sustainability, this means that a small number of actions can have a disproportionately large impact on environmental and social outcomes. By focusing on these key actions, companies can accelerate their progress towards sustainability goals and make a meaningful difference in the world. For example, a company might find that 20% of its products are responsible for 80% of its environmental impacts. By focusing on improving the sustainability of these key products, the company can make significant progress in reducing its overall environmental footprint. Similarly, a company might discover that 20% of its suppliers are responsible for 80% of its social risks. By working closely with these key suppliers to improve labor conditions and social practices, the company can make a real difference in the lives of workers and communities around the world. By applying the 80/20 rule to sustainability efforts, companies can prioritize their actions, focus on the areas that will have the greatest impact, and accelerate their progress towards sustainability goals. This approach allows companies to make the most of limited resources and drive meaningful change in a world that urgently needs it.
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