What is a portfolio approach?
Taking a portfolio approach means recognizing that there might not be one single fiber, material, or program that meets all requirements or business needs, and that a company’s selection might change over time. It can be achieved by:
- Building a suite or mix of preferred fibers and materials, based on the consideration of impacts and organizational priorities.
- Embedding a strategy that leads to preferred options replacing unsustainable or less sustainable options over time – including target setting to align commercial and sustainability teams and drive progress.
- Having a commitment to integrity and the principles of continuous improvement thus ensuring the options selected result in a positive change.