For more than twenty-five years, SCS has developed internationally recognized standards and certification programs that lead to environmental improvements, social accountability and enhanced product performance. Their 23 Programs span multiple industries including agricultural production, food processing and handling, forestry, fisheries, flowers and plants, energy, green building, and product manufacturing.
SCS counts well-known multinational companies such as Starbucks, Home Depot and Hewlett Packard as our clients, but also serve thousands of growers and small manufacturing companies. Certification from SCS helps businesses meet government regulations, stand out in the marketplace and demonstrate their commitment
to social and environmental responsibility. Getting certified is simply good business.
As part of its overall growth strategy, SCS Global Services (SCS) wants to expand its business and social value by adding new program and service offerings.
Team Kingfisher recommends that SCS initiate a focus on water security through the launch a new service offering designed around the Alliance for Water Stewardship (AWS) certification standard.
AWS is the first globally consistent framework to define expectations for responsible water stewardship. AWS was created using the International Social and Environmental Accreditation and Labeling (ISEAL) Alliance Codes of Good Practice. This is the same standards development alliance that developed the Forest Stewardship Council (FSC). FSC is the premier forestry standard and largest revenue stream for SCS service offerings.
The AWS program investment will return a total value of $165,000. It becomes cash flow neutral after the second year and cash flow positive after the fourth year. Although not a significant profit generator by itself, the proposed AWS offering is profitable and allows SCS to gain entry into water standards. In addition, AWS will provide social and environmental benefits that are in line with SCS’s mission.
We see entry into AWS as the first step in a larger strategy to gain a foothold in the emerging world of landscape-level water certification. As more water standards come online and existing frameworks add water components, SCS will be well positioned as an early entrant and thought leader in water stewardship.