How to Increase Revenue with Sustainability Planning
Over the past 3 years, 57% of employees are open to leaving their current company for new roles.
This drops to <12% if they believe their company is making a positive impact on the world.
Tip #1: Increase your Employee Engagement.
Purpose-driven initiatives allow teams a sense of accountability for the impacts of their daily activities. Your employees want the opportunity to engage in sustainability planning. Empowering your employees creates:
A positive, integrity-driven corporate culture
Learning opportunities for employees
Corporate buy-in & intrinsic job value
Better recruitment & retention rates
Tip #2: Attract Investors.
Your Investors and make sophisticated decisions. They have a sustainability strategy for their businesses & their lives - they expect the same from you! Display your alignment with the UN SDG’s and disclose your plan for environmental, social and economic longevity. Not only will you will instil trust, but you will formalize your commitment to DO BETTER!
Tip #3: Achieve Better Lending Rates.
As of November 2021, many banks have pledged to consider a company's climate risk before offering loans and services. Likewise, insurers are limiting coverage in carbon-intensive industries. This means:
Your ability to borrow money & your lending rates are now linked to your emissions footprint
You need to be tracking & communicating your emissions strategy
Your carbon-intensive supply chain may become uninsurable
You will be financially rewarded for net-zero planning!
Tip #4: Reduce your Operational Expenses.
Protecting the planet and your people can SAVE MONEY by saving energy across your product's lifecycle. New processes won't fit into old systems so the trick is to take on new opportunities gradually on your own timeline (before evolving regulations force you to)!
UPSTREAM:
Source raw materials better
Alleviate supply chain bottlenecks (time is money!)
Reduce costly manufacturing inefficiencies
DOWNSTREAM:
Decrease energy spending within distribution
Explore more efficient packaging & transportation solutions
Stop wasting energy in your buildings
OTHER EXPENSES:
Reduce the carbon tax you pay
Don't get stuck with regulatory penalties
Tip #5: Boost your Sales!
Brands that are seen as catalysts for change are the ones consumers are choosing. We aren't talking about greenwashing. We're talking about aligning your sustainability strategy with your corporate values. Integrity-driven communications:
Attract your ideal client based on shared values
Build trust & a reputation of reliability
Speak directly to your stakeholders
42% of consumers say buying green products is tied to their identity.
