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Saturday, May 11, 2024

Public Funding Alternatives Can Assist Sustainability Objectives


Beginning down a sustainability path can appear daunting for public sector organizations, however this journey is crucial for the long run success of their operations in addition to the well-being of our planet. By adopting a well-rounded technique in direction of financial, social, and environmental challenges, we can assist obtain public sector wants with out jeopardizing the power of future generations to do the identical. This will enable us to assist the long run well being of our economic system, our folks, and our planet. Happily, there are public funding alternatives within the U.S. which can assist state and native governments, academic establishments, healthcare suppliers, and Tribal nations with their sustainability journey.

Leveraging public funding for sustainability

At Cisco, we assist our public sector clients as they plan and execute their sustainability methods, and one of many methods we assist them is by exploring funding for these plans by way of our Cisco Public Funding Workplace. On daily basis, Cisco leaders in authorities and schooling discover grant applications within the U.S. that collectively award greater than $500 billion yearly.

In 2015, the United Nations (U.N.) set 17 objectives for sustainable growth around the globe. These objectives tackle human, enterprise, and environmental issues and are a part of the 2030 Agenda for Sustainable Growth, which supplies a blueprint for peace and prosperity for folks and the planet. A constitution member of the U.N., the U.S. supplies assist for U.S. organizations which are contributing to the efforts to attain international sustainability objectives.

Public Sector Sustainability Best Practices

Greatest practices for sustainability within the public sector

At Cisco, our objective is to energy an inclusive future for all. We need to assist our public sector clients discover sources that may assist them contribute to a extra inclusive and sustainable future. To do this, we regularly share our in depth expertise with public funding in addition to finest practices we have now found alongside the way in which. When our public sector clients come to us with questions on the place to begin with their sustainability efforts, we’re glad to supply them the next recommendation.

  • Set up a baseline. You possibly can’t get anyplace with out figuring out the place you’re ranging from, so it’s essential to determine a transparent baseline earlier than embarking on this journey. It could take some effort, however you will need to start by reviewing and documenting your group’s present environmental affect. That baseline can permit you to observe your progress and establish areas that want enchancment.
  • Set practical objectives. Set processes in place for measuring and reporting progress to maintain your group accountable. Comply with the S.M.A.R.T. purpose methodology, which requires objectives to be Particular, Measurable, Achievable, Related, and Time-bound. You must also set a platform for speaking progress to stakeholders. This could embody workers, residents, different customers, and personal entities that will companion with the general public sector. This may be so simple as periodic postings to your web site or as in depth as a extra refined on-line platform that may be accessed at any time.
  • Make sustainability a part of your tradition. Addressing sustainability ought to begin on the high with management guiding initiatives that infuse your tradition with a sustainability mindset, setting you up for better success. You must also contemplate workers as a serious stakeholder. It’s essential to get their buy-in early to make sustainability an integral a part of your group’s DNA. You possibly can infuse sustainability into your tradition by offering coaching and schooling, encouraging participation in sustainability initiatives, recognizing and rewarding sustainability behaviors, and extra.
  • Contemplate provide chains and bills. A corporation’s sustainability journey ought to focus by itself operations and worth chain — suppliers, distributors, and clients. Sustainability necessities needs to be embedded within the provide chain course of and assist steady enchancment.
  • Remember. Making updates or modifications to your general environmental affect could be expensive initially, however cost-effective in the long term. Incorporating public funding alternatives could make a major distinction. There are greater than 1,000 applications within the U.S. that award cash to organizations which are implementing sustainability applications. Funding alternatives embody grants, bonds, and different monetary autos.
  • Repeatedly enhance. Sustainability just isn’t a one-and-done undertaking that has a begin and a end. It’s an ongoing journey and a cultural mindset for public sector organizations that pursue it. As objectives are reached, it’s essential to set new ones and never lose floor on earlier achievements. When trying to the long run, discover new applied sciences, have interaction with stakeholders, and keep updated with sustainability finest practices.

Subsequent steps

As you begin your journey, keep in mind it’s not nearly folks and the atmosphere — sustainability also can profit your group’s long-term success. By adopting a transparent course of and setting practical objectives early, you may set up accountability past the preliminary rollout to attain higher outcomes for all stakeholders.

Our Cisco public funding consultants are right here that can assist you attain your sustainability objectives in a cheap approach. We encourage you to succeed in out to us or go to Cisco’s Public Funding Workplace to learn the way we are able to assist your group in figuring out grants, bonds, and different funding sources that align to your applications and know-how wants. Collectively, we are able to make a distinction for folks and our planet.

 

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