Sustainable economic growth also means promoting diversity and the creation of decent jobs with fair wages. Corporate social responsibility is no longer a ‘nice to have’ – it must become a pillar of your business if it’s to thrive into the future. The private sector has a massive role in driving our world towards net zero—and there is no green transition without a just transition that empowers everyone.
Wondering where you should start? We have a few ideas of some green practices and targets you could set straight away.
What’s in it for businesses?
Our shared future aside, the good news is a green and inclusive business model is also a highly profitable one:
- Circular production cuts costs as well as waste. Reusing materials saves you money in the manufacturing process, and makes you less dependent on your supply chain.
- An ethical business equals competitive advantage. People are becoming more conscious of how and where they’re spending their money—making sustainability a core tenet of your company will help you stand out from the field.
- Diversity leads to profit. According to a study conducted by Harvard Business Review, diverse companies are 70% more likely to capture a new market audience.
- Happier workers means better workers, as well as improved recruitment and retention of the industry’s top talent.
- Why wait to future proof against inevitable climate tax and legislation? It's coming for good reason, so better to jump on the bandwagon early.
To go green, you’ve got to mean business (pun intended). It may seem like a mammoth mission—and I know firsthand that you can’t always get it right on the first go —but don’t feel overwhelmed! It is quite literally our job to help. Get in touch and find out how Pawprint can help transform your business for the green economy.