AkzoNobel Announces 4D Approach to Increasing Business
AkzoNobel recently announced it is exploring new ways of increasing business value by piloting a four-dimensional approach. The 4D method, which looks at the whole value chain, is designed to measure both positive and negative environmental, human, social, and financial impacts. Already piloted at the company’s Pulp and Performance Chemicals business in Brazil, the approach has reportedly been confirmed by project partner True Price as the first of its kind to be published.
Six sites in Brazil participated in the pilot, which took place last year. The findings, which were analyzed in cooperation with sustainability research organization True Price and economist Pavan Sukhdev, are being used to make relevant improvements.