4 Easy Steps To Protect Your Sustainable Business

Julie Starr • November 3, 2020



Starting and running a business is no easy feat. Although many companies are springing up, only 33% of them survive within the first ten years, and it might even be a lot more difficult for green and sustainable companies. These statistics can be somewhat discouraging, whether you just started your business or have been in operation for a few years. Therefore, you must take steps to ensure that your business is adequately protected to withstand all types of challenges it might encounter. So, how can you protect your business? Here are a few steps you can take to ensure that your business withstands the test of time:

Protect your data

It is essential for sustainable businesses to store critical information, whether it is employee records, customer information, or transactions. It is even more imperative for sustainable enterprises to store data in the cloud to reduce how much paper they use. Otherwise, you might find your business as part of the 60% that closed down due to data breaches. Plus, you need not worry about your hard drive getting crashed or losing your data to natural disasters like fires. When you take steps to protect your data, you lessen the risk of your data getting misused for vices such as phishing scams and fraud. What you can do to protect your business’ information is to install firewalls, organize cybersecurity training sessions for your employees, and use strong passwords.

Hire an accountant

If your sustainable business has been in operation for some time now, and you see a lot of growth and potential, it might be the best time to hire an accountant. An accountant can provide you with expert advice to assist with your development, including hiring new employees, managing utility payments, and expanding your office space. If possible, you can hire an in-house accountant for your business. Otherwise, it is perfectly okay to outsource. You can weigh the options to find the one that best suits your business’s needs, as well as the budget. You can also use a Verifiable Credential Platform to ensure they have the right credentials for the job.

Get business insurance

When you are operating a sustainable business, you are responsible for your employees’ and customers’ well-being. Whatever decisions you make for your company affects them, and when you have business insurance, it might protect you financially from some of the consequences. Many businesses typically get general liability insurance that covers parties that are harmed by your business’ practices. Other states require that you get other forms of business insurance, such as workman’s compensation insurance, which protects your employees that get hurt while working. Companies like Simply Business offer various types of business insurance, depending on the type of business you operate. Check out simplybusiness.com for more essential information.

Research your customers

Before you start working with a new client, ensure that you conduct a full credit check, especially if you render a service. That will protect you and your business from having stacks of unpaid invoices and defaulting customers. Ensure that before you work for a customer, you must have a contract. If any problem develops, the contract or agreement will be the piece of evidence that might help you get the money you deserve.

Regardless of your business’s size, it would be best if you adopted measures to secure it. Hopefully, these tips should help you get started.

Why Telling Your Sustainability Story Matters — And How Taiga Company Can Help

By Julie Starr • December 17, 2024
In today’s world, sustainability is no longer a buzzword—it’s a business imperative. Consumers, investors, and stakeholders are demanding more transparency and accountability from brands. They don’t just want to know what you sell; they want to know who you are, what you stand for, and how your work contributes to a better world. That’s where your sustainability story comes in. Sharing your achievements in environmental, social, and governance (ESG) initiatives isn’t just about meeting expectations—it’s about building trust, fostering loyalty, and inspiring action. At Taiga Company, we specialize in helping organizations authentically communicate their sustainability achievements in ways that drive measurable impact and align with their goals. Why Sharing Your Sustainability Achievements Is Good for Business Build Trust with Stakeholders Sustainability storytelling builds credibility and trust. Whether you’re addressing investors, employees, or customers, sharing your sustainability milestones demonstrates your commitment to accountability and long-term value creation. For example: Highlight your efforts in achieving science-based targets, reducing carbon emissions, or adopting circular economy practices. These stories resonate with audiences looking for businesses that align with their values. Differentiate Your Brand In a competitive marketplace, sustainability can set you apart. Brands that communicate their achievements in regenerative agriculture, water stewardship, or biodiversity conservation position themselves as industry leaders and innovators. Think of it this way: A well-told sustainability story is not just a report—it’s a statement of leadership, authenticity, and purpose. Drive Stakeholder Engagement Sustainability stories invite dialogue. By showcasing meaningful milestones, like successful recycling initiatives or community reforestation projects, you foster stronger relationships with stakeholders who want to be part of your mission. Engagement isn’t just about storytelling; it’s about inspiring action. Whether through social media campaigns, press releases, or executive thought leadership, your achievements can encourage others to collaborate and support your goals. Attract Purpose-Driven Talent and Customers Today’s workforce and consumers seek brands with purpose. Communicating your impact helps attract talent and customers who align with your mission. A transparent, well-executed sustainability strategy speaks volumes about your leadership and values. At Taiga Company, we specialize in results-driven communications that empower purpose-led brands to share their sustainability achievements with confidence and clarity. Our services ensure your story resonates with the audiences that matter most. Your sustainability achievements deserve to be seen, heard, and celebrated. Whether it’s reducing carbon emissions, innovating in sustainable packaging, or leading water stewardship initiatives, telling your story is an opportunity to inspire trust, drive action, and shape a better future.

Why Going Green Is No Longer Optional for Industry Leaders

By Julie Starr • December 16, 2024
Alright, so here’s the deal, sustainability isn’t just a buzzword anymore. Sure, at this most most industries, yes, even the most unsustainable industries have this general idea, right? Well, you’re always going to find some businesses in some niches (and yes, industries too) who think that it doesn’t apply to them. But no, it applies to all niches and all industries, and yes, it’s a business requirement. Now, across every industry, the companies that are embracing green practices are the ones that are thriving. Why? Well, because customers, investors, and employees are all paying attention. If a business isn’t making an effort to be sustainable, it’s not just falling behind, it’s losing out. Overall, sustainability isn’t just about saving the planet; it’s about saving your business. Yes, this needs to be hammered in, so industry leaders, here’s why you’re just not excused. Green Practices Mean Growth Yep, it’s that plain and simple, So, sustainability isn’t just about doing the right thing, it’s about doing the smart thing. Businesses that prioritize green practices are cutting costs, staying competitive, and building trust with their audiences. So, reducing waste, switching to renewable energy, and sourcing materials ethically aren’t just good for the planet, they’re great for the bottom line. Simple enough, right? Well, take packaging, for example. Cutting down on unnecessary plastics doesn’t just make customers happy; it slashes production and disposal costs. So, switching to energy-efficient operations isn’t just environmentally friendly, rather, it saves a fortune on utilities. There don’t need to be roadblocks seen, rather they should be opportunities! There’s Plenty to Gain Okay, so sustainability isn’t just for industries with obvious environmental impact, it’s critical in healthcare too. Again, no excuses here. Hospitals and clinics use massive amounts of energy, and the waste from single-use supplies piles up fast. The same can be said for labs, and pharmacies too. Actually, go ahead and take specialty drugs as an example. Now, most people know that these life-changing treatments are for serious conditions, but they often come with sky-high costs. But why? Well, the production and distribution processes can be incredibly resource-heavy. But even sustainable practices can help lower prices, such as energy-efficient manufacturing or even cutting down on excess packaging. It might be hard to see, but little changes can make massive impacts on costs (and what’s being spent on both ends). Tech Easily Shows How Sustainability Drives Innovation The tech industry has been leading the charge when it comes to sustainability, and the results speak for themselves. Actually, companies like Google and Apple are proving that being green isn’t just possible, but this can actually be pretty profitable! If tech companies can do this, then yeah, all industries are capable. So above, medicine was mentioned, but data centers are also a great example ( since they use a lot of energy). Well, nowadays, most companies are now powering these centers with renewable energy, cutting costs and emissions at the same time. No Industry Gets a Free Pass It doesn’t matter if it’s healthcare, tech, retail, or manufacturing, basically, every industry has something to gain by going green. There are small examples like retailers ditching plastic bags for reusable ones. Then there are bigger examples like factories rethinking supply chains to cut emissions and save costs. But the reality is that businesses sticking to wasteful, outdated practices are falling behind. Besides, governments are rolling out stricter regulations.
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