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A growing number of billion-dollar companies are showing that sustainability can be a real driver of profits, writes Freya Williams. Companies such as Tesla, Chipotle Mexican Grill, IKEA, Nike and Whole Foods Market are making serious money through eco-friendly business models. "The green giants are turning a strategy of sustainability or social good into a billion-dollar business proposition, and profiting in the process," Williams explains

Palm oil production is a big business in Malaysia and Indonesia, but environmental pollution is one of the industry's biggest problems. A Silicon Valley company hopes to turn that problem into a profit by converting wastes from palm oil production into fuel

In his groundbreaking 1962 opus Capitalism and Freedom, economist Milton Friedman famously claimed that the "one social responsibility of business [is] to increase its profits so long as it stays within the rules of the game."

Most companies believe water challenges will significantly worsen in the next five years, according to a survey of major US corporations by the Pacific Institute and VOX Global.

The environmental and social benefits of Forest Stewardship Council (FSC) certification are proven, as the organisation works to ensure sustainable use of forest products. But a recent WWF study has found that there is also a concrete economic benefit. The bottom line? On average, forestry companies can earn an extra US$1.80 for every cubic metre of FSC-certified timber.

Non-profit As You Sow and Corporate Knights released the Carbon Clean 200 list, which ranks large publicly listed companies worldwide according to total revenue generated from clean energy. The top-5 included the following: Toyota Siemens Johnson Controls Schneider Electric Panasonic MORE »

Just a day after a group of cross-party MPs called on the UK government to ban microbeads, Greenpeace released a report outlining the science on the impact of microplastics, including microbeads, on oceans and seafood. The non-profit is also urging the UK government to ban microbeads, "both due to the damage they cause to marine life and as a precautionary measure against the risk of human consumption."

Bees, butterflies and other pollinators are increasingly under threat from human activities and countries must transform their agricultural practices to ensure global crop production can meet demand and avoid substantial economic losses, the United Nations Conference on Biological Diversity heard today. According to the global assessment on pollinators produced by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES), 75 per cent of our food crops and nearly 90 per cent of wild flowering plants depend to some extent on animal pollination, which is the transfer of pollen between the male and female parts of flowers to enable fertilization and reproduction. Without pollinators, crops such as coffee, cacao and apples would drastically suffer, and changes in global crop supplies could increase prices to consumers and reduce profits to producers, resulting in a potential annual net loss of economic welfare of $160 billion to $191 billion globally.

The Rockefeller Foundation will collaborate with the USDA, EPA, and 10 private sector and non-profit organizations to create "Further With Food: Center for Food Loss and Waste Solutions," an online information exchange that aims to provide best practices for preventing, recovering, and recycling food loss and waste. The website will officially launch later this month (January 2017).

Some of the world's biggest companies are seeing waste reduction and energy efficiency as opportunities to help the bottom line. Wal-Mart is changing its sell-by labeling to reduce food waste, while IKEA is running furniture-recycling and clean-energy initiatives to reduce its costs. "We've taken power from a cost to profit center," says IKEA Chief Sustainability Officer Steve Howard.

"Climate Take Back," as the new mission has been named, is the successor to Mission Zero, the name given to a vision articulated in 1997 that, for most outside the company, seemed audacious at the time: "To be the first company that, by its deeds, shows the entire industrial world what sustainability is in all its dimensions: People, process, product, place and profits - by 2020 - and in doing so we will become restorative through the power of influence."

Companies are increasingly seeing climate risks as a major bottom-line threat and viewing corporate sustainability as a must-have rather than an optional extra, writes Matt Timms. Finding effective environmental strategies and messaging remains a challenge, but a growing number of success stories are making it clear that CSR doesn't have to come at the expense of profitability. "[B]usinesses have a responsibility to acknowledge what many consider to be the defining challenge of our time," Timms argues.

If the 5,589 largest publicly traded companies in the US reduced their paper waste by a mere 1 percent, it would save them nearly $1 billion in total, according to the US Chamber of Commerce Foundation.

Looking for ways to jump-start a sluggish fast food market in the US, more brands are tacking toward sustainability positioning and "clean" ingredients as the king of that approach, Chipotle, doubles down on its own efforts as profits continue to rise.

Novo Nordisk became the world's first pharmaceutical company to publish an environmental profit and loss account, which places a financial value on the company's environmental impacts. The analysis revealed that Novo Nordisk caused over $305 million in environmental damage during 2011, with the company's supply chain accounting for 75% its impact.

Norpac Fisheries Export is one of several companies that has found it profitable -- as well as environmentally helpful -- to track seafood catches along their entire supply chain and make sure they were not caught using illegal, unreported and unregulated (IUU) practices. Norpac's tracking system "actually saves us time and money," Managing Director Thomas Kraft said.

Deliver Change, a UK-based non-profit focused on sustainable technology projects, launched a campaign this week called "Let's make air pollution visible," which aims to bring together businesses, policy makers and local groups to solve the problem of air pollution in the UK. Deliver Change is also piloting its air-quality monitoring network, AirSensa, to collect data on air pollution in UK cities. 

A few basic (and often profitable) changes in a factory's manufacturing process can go a long way in cutting down pollution. That's the takeaway from Clean by Design, a new alliance between NRDC, major clothing brands-including Target, Levi's, Gap, and H&M-and Chinese textile manufacturing experts.

Preliminary results of our "upside model" show that, within just 10 years, profits can grow 115 percent to $51 billion USD a year compared to today, if all fisheries worldwide were managed sustainably. Importantly, this economic growth doesn't come at the cost of other goals: both seafood production and fish biomass in the ocean would also increase.

Investing in natural capital such as water, soils and biodiversity limits risk and can drive profitability, leading companies say.