CR Index 2014: Long term investment

Developing sustainable products that meet the needs of all our stakeholders, now and in the future, is vital to establish ourselves as a global player in the premium automotive market. 

- Dr Ralf Speth,
CEO at Jaguar Land Rover
Fortune Favours the Brave indicates the £100 billion a year opportunity for UK businesses to unlock through innovation and sustainable growth. In fact, 65% of CR Index participants have taken steps to develop sustainable products and services, business process or sourcing practices that have a return investment period greater than normal and have taken steps to scale this up.

These fall into three main areas:

  • A new generation of talent

  • New products & services

  • Responsible energy supply

 

New generation of talent

Unipart Manufacturing developed a £32m joint venture with Coventry University to develop a new Engineering and Manufacturing Institute on Unipart’s manufacturing site in Coventry

Dairy Crest is investing in a new generation of food scientists and manufacturers. They run training programmes and support future of the dairy sector through investing in farming.

 

New products and services

Imperial Tobacco commissioned renewable projects including a ground source heat system at their Netherlands factory and solar installations in the USA and Reunion Island, plus a biomass boiler at Bristol head office.

Greggs installed Photovoltaic generation systems across 10 of their bakeries generating 1.3MWH - more than 2% of Greggs bakery electricity needs.

 

Responsible energy supply

Willmott Dixon’s Sunesis range delivers products for the education, leisure and healthcare sectors using designs which are 25% cheaper, 12 months faster and with 50% of spend within 20 miles.

Range Rover‘s Evoque minimises environmental impact throughout the life-cycle of the car to maximise fuel economy, by adopting 2WD, and using recycled and lightweight materials.

Read the full report.