Garick
is committed to the concept and practice of corporate sustainability.
Around the world people are imagining new ways to improve their quality
of life; ways that balance economic progress, social equity, and long-term
protection of the environment for future generations.
Garick’s sense of sustainable practice is the set of values, issues
and processes that we must address and follow in order to minimize any
harm resulting from our activities and to create economic, social and
environmental value.
Garick is committed to preserving the environment and to the sustainable
use of our natural resources. We are focused not only on the economic
value we must add to our company and its partners, but also on the environmental
and social values we must add and enhance.
The popular definition from a United Nations’
commission says that you are being sustainable when you are “meeting
the needs of the present without compromising the ability of future
generations to meet their own needs.”
From the Dow Jones Sustainability Group: Sustainability-driven
companies achieve their business goals by integrating economic, environmental
and social growth opportunities into their business strategies. These
sustainability companies pursue these opportunities in a proactive,
cost-effective and responsible manner today, so that they will outpace
their competitors and be tomorrow’s winners. Sustainable companies
not only manage the standard economic factors affecting their businesses
but the environmental and social factors as well.
Garick is committed to practicing the management of the triple bottom line
(TBL), which focuses companies not just on the economic value
they add, but also on the environmental and social value they
add - and/or destroy. At its broadest, the term is used to capture
the whole set
of values, issues and processes that companies must address in
order to minimize any harm resulting from their activities and
to create economic, social and environmental value. This involves
being clear about the company’s purpose and taking into
consideration the needs of all the company’s stakeholders
- shareholders, customers, employees, business partners, governments,
local communities and the public.
“…The triple bottom line
is people, planet and profit -
the idea being that environmental quality and social
equity are just as important as black ink at the bottom
of the ledger.” - Terry Slavin,
“Ethical Business,” The Observer
“Sustainability means
that your service or product
competes in the marketplace because it delivers
goods or services that reduce energy consumption, pollution, and
other forms of environmental damage.” - Paul
Hawken, The Ecology of Commerce