Sustainability Strategy and Roadmap Our Activities

What is a Sustainability Strategy?

At Innovise, a Sustainability strategy sets out a company’s long-term plans for optimizing its environmental, social and economic performance. This strategy defines the steps the company will take to contribute to a sustainable future. By integrating the sustainability strategy into the business model, it increases the company’s ability to create value in the long term and we support you with our competent team to provide competitive advantage.

Establishing the Steps for Creating a Sustainability Strategy

  1. Determination of Vision and Goals:
  • The sustainability vision expresses how the company wants to make an impact in the future. This vision should be supported by clear, measurable and time-aligned goals.
  • For example, concrete targets should be set, such as reducing carbon footprint by 50%, minimizing waste generation, contributing to local communities.
  1. Stakeholder Analysis:
  • The success of the company’s sustainability strategy depends on the support of stakeholders (employees, customers, suppliers, local communities, investors, etc.).
  • Through stakeholder analysis, stakeholders’ expectations and strategic priorities are identified.
  1. Current Situation Analysis:
  • The company’s current sustainability performance should be assessed. This analysis includes environmental factors such as energy consumption, waste management, water use, as well as social and economic performance indicators.
  • The baseline analysis helps identify areas for improvement and provides the basis for monitoring future performance.
  1. Identification of Strategic Priorities:
  • Strategic priorities are identified to achieve the company’s sustainability goals. These priorities may be specific to the company’s business model and sector.
  • For example, priorities could include investing in renewable energy sources, creating sustainable supply chains, and training employees on sustainability.
  1. Creation of Action Plan:
  • Concrete actions are identified for the realization of the sustainability strategy. These actions should be in line with the targets and measurable.
  • The responsible persons, timeline and resources for each action should be clearly defined.
  1. Performance Monitoring and Reporting:
  • Monitoring and regular reporting of sustainability performance allows to assess the effectiveness of the strategy.
  • In this process, it is recommended to report in accordance with international sustainability standards (such as GRI, SASB, TCFD).

Our Activities within the Scope of Sustainability Roadmap;

Sustainability strategy plays a critical role in long-term success and sustainable value creation. Implementing this strategy with a well-planned roadmap allows companies to minimize their environmental and social impacts while strengthening their economic performance.

  1. Defining Scope and Purpose

Scope;

A sustainability roadmap should start by deciding which areas to cover. These areas include environmental sustainability, social responsibility, economic sustainability and governance.

Objective;

The purpose of the roadmap should be clearly defined. For example, we are working to identify specific objectives such as reducing carbon footprint, saving water, implementing circular economy practices or creating sustainable supply chains.

  1. Stakeholder Engagement

Stakeholder Analysis;

The expectations of stakeholders (employees, customers, suppliers, investors, local communities) should be taken into account in the company’s sustainability journey. This analysis is a critical step in creating the roadmap.

Participation Process;

Stakeholders should be actively involved in the process. This means taking stakeholders’ views and shaping the strategy together with them.

  1. Current Situation Analysis

Performance Evaluation;

The company’s current sustainability performance should be subject to a comprehensive assessment. This assessment includes energy use, waste management, carbon emissions, water consumption and social impact.

GAP Analysis;

The gap between current performance and the set sustainability targets should be analyzed. This helps to identify which areas need improvement. All analysis is done by us.

  1. Strategic Goals and Actions

Short, Medium and Long Term Goals: Objectives should be categorized according to their timeframe. Short-term goals usually involve operational improvements, medium-term goals involve process changes, and long-term goals involve major strategic transformations.

Concrete Actions;

Concrete actions to be implemented in order to achieve the set objectives should be defined. These actions should be specific, measurable, achievable, realistic and timely (SMART).

Identification of Resources;

The resources (financial, manpower, technological, etc.) required to implement the actions should be identified.

Short Term Goals (1-2 Years):

  • The initial stages of a sustainability strategy should aim to improve the company’s internal processes and raise awareness.
  • At this stage, employee training, energy efficiency improvements and waste reduction projects can be at the forefront.

Medium Term Goals (3-5 Years):

  • Broader applications of the strategy come into play during this period. Sustainability practices in the supply chain, transition to renewable energy and social responsibility projects can be implemented during this period.
  • Measurement systems and reporting processes are developed to monitor the company’s sustainability performance.

Long Term Goals (5+ Years):

  • The company aims to fully achieve its sustainability vision. In this period, the Company focuses on major goals such as carbon neutrality, implementation of circular economy practices and sector leadership.
  • Continuous improvement of the sustainability strategy and evaluation of new opportunities gain importance in this period.
  1. Performance Monitoring and Reporting

Monitoring Mechanisms;

Mechanisms should be established to monitor the achievement of sustainability goals. These mechanisms include regular data collection and analysis.

Reporting

Performance monitoring results should be reported regularly to be shared with internal and external stakeholders. Reporting can be done in accordance with Global Reporting Initiative (GRI) and other international standards.

  1. Continuous Improvement and Revision

Evaluation and Feedback;

The effectiveness of the roadmap should be regularly evaluated. This evaluation allows the strategy to be revised according to new developments and changing circumstances.

Harmony and Adaptation;

The sustainability strategy needs to adapt to new technologies, regulatory changes and market dynamics.

  1. Education and Awareness

Employee Training;

In order to successfully implement the sustainability roadmap, employees should be provided with the necessary training. These trainings should ensure that employees understand and adopt the sustainability strategy.

Awareness Campaigns;

Campaigns can be organized to raise awareness about sustainability within and outside the company.

  1. Risk Management

Risk Analysis;

Potential risks that may be encountered in implementing the sustainability strategy should be analyzed. These risks may be environmental, social, financial or operational.

Risk Mitigation Strategies;

Strategies should be developed to minimize the identified risks. These strategies may include crisis management plans and alternative solutions.