Business Sustainability: Why You Need It

Julie Starr • June 15, 2021

In the current contemporary world, adopting sustainability in your business strategies is imperative to achieve long-term success. According to a recent poll, seventy percent of the respondents admitted that their enterprises have official sustainability governance in place. As expectations on company responsibility soar, your business should improve the societal and environmental conditions to acquire top-line financial merits and get more attention from investors. This post will explain why your business needs to incorporate sustainable business strategies.

Enhanced Brand Reputation

While surveying over 53,000 American consumers, 58% said that they ascertain the company’s effect on Mother Nature when considering where to buy products and services. This figure translates to more than 68 million consumers who’re more likely to opt for companies that adopt sustainable business strategies . In addition, most consumers would settle for products or services from companies that give back to their communities. This technique makes ‘doing good’ a trending approach in advertising campaigns when improving brand awareness.

Apart from boosting brand awareness, practicing and encouraging resource conservation penetrates deeper to your workers and customers.

Offers a Competitive Edge

ESG (Environmental, Societal, and Governance) metrics are primarily used to identify how sustainable and ethical a company is. McKinsey states that firms with impressive ESG ratings constantly outpace the market in the long and medium-term. In addition, aligning sustainability with your business goals offers a purpose that attracts skilled personnel to foster financial success.

Hiring other sustainable business leaders such as cell tower lease experts also sparks a more substantial purpose in your business. They’ll design a roadmap for your enterprise and employees to engage and connect with your company stakeholders on the societal and environmental platforms.

For instance, cell tower leases may involve issues like ecological due diligence. An experienced cell tower lease expert will help you make informed and sustainable business decisions by explaining the details of each assessment report.

There’s Increased Demand for Sustainable Products

With your improved brand image, most people would want to be associated with your company, especially the millennial and Zen generation who’ve been consuming daily diets of ecological protection messages. A 2019 research report concluded that 73% of consumers worldwide are ready to adopt consumption habits with a less negative impact on the environment. Additionally, sustainable product retail sales have increased by more than twenty percent since seven years ago.

A millennial won’t object to paying more for sustainable products. If your corporation focuses on sustainable practices and products, it could acquire market share by increasing sales and attracting sustainability-minded clients.

Engages Your Ecosystem

Most people agree that collaboration is essential in tackling issues and drafting broader sustainability solutions. The MCG/MIT data indicates that sixty-seven percent of executives consider sustainability a niche that requires collaboration to thrive. When you liaise with other purpose-driven, successful and innovative companies, it’s easier to address some of the planet’s pressing problems.

Takeaway

Sustainability isn’t about foregoing proceeds to entice Mother Nature. Rather, it’s an important element to achieve business growth and success. You risk losing credibility from investors and opportunities to create revenue if you fail to incorporate this strategy. Drafting a sustainability plan is critical when making efforts to secure your company’s future.

< Older Post

Newer Post >

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.