Regenerative Business
Lacking appropriate market signals, current business practices often harm both ecosystems and human communities.
A Regenerative Business simultaneously enhances Natural Capital, Social Capital, and Economic Capital. It creates new opportunities for itself by optimizing this “triple bottom line”.
A Regenerative Business reduces costs for raw resources, waste, and management of toxic compounds by enhancing Resource Efficiency, participating in Sustainable Materials Cycles, and using Waste as Resource. A business runs on Renewable Energy and uses Regenerative Procurement throughout its regenerative supply chain to identify products and services consistent with A Conservation Economy.
A Regenerative Business assumes product stewardship assessments for its products, providing customers with ways to return a durable product at the end of its life for disassembly and remanufacture into a new generation of products.
A Regenerative Business operates for Community Benefit. It provides tangible social benefits to its employees, customers, suppliers, vendors, and local community. It is largely owned by, and therefore accountable to, a specific place. A Regenerative business reliably builds value over time rather than seeking unsustainable short-term results.
The business case for participating in a conservation economy is strong. Many of the typical investments – for instance in energy-efficient lighting, native landscaping, or transportation reduction – offer a direct payback time of under three years. Other investments require the evaluation and internalization of social and environmental costs over a project’s entire lifecycle. This internal use of True Cost Pricing allows Regenerative Businesses to anticipate broader market shifts.
A Regenerative Business is transparent in its activities, carefully reporting on its environmental and social performance. This can create better relationships with neighborhoods and local governments, speeding regulatory and permitting processes. Products and services that are sustainable – and that can be given credible Product Labeling to that effect – create differentiation in the marketplace, and in some cases capture a price premium. Enhanced employee morale from a value-based approach reduces turnover and improves productivity. Reduced environmental risks and liabilities decrease the cost of insurance and bank loans. Social and environmental commitments attract investment from the rapidly growing socially responsible investment sector.
Regenerative businesses improve their ability to use resources efficiently, close their materials cycles, employ renewable energy, and practice Regenerative procurement. They build value over the long-term, emphasizing broader community benefit. They measure, report on, and base decisions on their triple bottom line.