Unicore is a multinational, technology-based company that is dealing with recycling precious metals and manufacturing product from the recycled metals. In 2013, Unicore is recognized as the world’s most sustainable company in recognition of its environmentally friendly, socially friendly and economically friendly practices.

The criteria being used when judging the degree of sustainability includes “waste productivity, CEO-to-average-worker pay ratio, leadership diversity, and employee turnover”

From my perspective, conducting the business in a sustainable way not only means that business should keep up their revenue stream for a long time, but also indicates that business should contribute back to the society (reduce turnover and etc.) and generate little or no externalities. By doing so, business is creating shared value that benefit the company and the society as a whole.

The company’s business model is crucial since it determines the strategy that the company is enforcing. If the business model is created with the aim to make the world better off while maintaining high profit, then the company is achieving sustainability.

 

Find out more about Unicore by clicking this link: Unicore 2011

 

Source: http://www.forbes.com/sites/jacquelynsmith/2013/01/23/the-worlds-most-sustainable-companies/