Sustainability means different things to different people. At BioAmber, we believe that true sustainability hinges on our collective ability to meet the needs of today’s generation, without compromising the ability of future generations to meet their own needs.
The sustainability challenges the planet faces are extraordinary and completely unprecedented.
However extraordinary these challenges, the good news is that the size of the problem equals the size of the opportunity. The world’s population will balloon to 9 billion by the year 2050—placing great strain on the planet’s natural resources. Our fossil fuel-based economy and $6 trillion energy industry1 have led to a greater concentration of greenhouse gases (GHGs) in our atmosphere. This is causing extreme and devastating natural phenomena and negatively impacting our fragile ecosystems.
With economic globalization comes unmitigated and significant social and climate risk in important and vulnerable parts our world. But as advances in digital communication have reached critical mass, a new era of radical transparency and stern accountability has dawned. Society is demanding a response not only from government, but from business.
Socially responsible business and capital markets are best positioned to address such issues quickly.
We believe stakeholders and shareholders alike will be best rewarded by the companies that maximize their financial performance by strategically managing their corporate social responsibilities and recognizing that sustainability directly affects long-term business profitability and resiliency.
As a corporation, we realize that environmental, social and economic considerations must be integrated into our corporate strategies and the markets in which we operate over the long term. Doing so is an iterative process involving bench-marking, ongoing measurement and a commitment to expedient, consistent & integrated decision making with continuous improvement.
We believe that the fruits of this process, to which we are entirely committed, will lead to tangible, measurable benefits for a prosperous and sustainable future, for our planet, its citizens and our shareholders.
1 Ceres. “The 21st Century Corporation: the Ceres Roadmap for Sustainability.” Boston, MA, 2010.