Sustainability: Balancing Opportunity and Risk in the Consumer Products IndustryA 2007 GMA and Deloitte Consulting LLP Research Project |
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Sustainability issues around environmental and social responsibility are not new – a growing number of companies of all sizes are adopting green policies and action programs. However, over the past two years, momentum has been building due to mounting pressures from all major stakeholders. These pressures are culminating in a ‘perfect storm:’ Heightened media attention; increasing consumer and shareholder awareness; business concerns over operational and financial risks are crystallizing; increased regulatory scrutiny; growing consensus within the scientific community; and increased global retailer interest and announcements regarding supplier expectations on sustainability.
In 2007, the Grocery Manufacturers Association (GMA) and Deloitte Consulting LLP collaborated to more deeply understand the key drivers of sustainability. Through a series of interviews, surveys and research with leading consumer product manufacturers, retailers, suppliers and environmental experts, the 2007 study, "Sustainability: Balancing Opportunity and Risk in the Consumer Products Industry," provides an evaluation of business impacts associated with key sustainability initiatives. Included in the study, is a “path forward” for companies to consider as part of their sustainability journey.
Included below are the executive summary and the full report versions of the 2007 study.
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2007 GMA Deloitte Sustainability Report