When and How to Review Your Business Sustainability

Julie Starr • May 04, 2022

Business sustainability is a process that should be regularly reviewed to ensure that your company is operating as efficiently and ethically as possible. Some factors that you’ll want to consider include the environmental impact of your operations, the social responsibility of your business, and how well you are managing your resources. In this comprehensive guide, we will outline the best practices for reviewing your business sustainability, as well as provide tips for making improvements where necessary.

Why Review Business Sustainability?

There are several reasons why it’s essential to periodically review your business sustainability. For one, it allows you to measure your progress and identify areas where you may need to make improvements. Additionally, reviewing your sustainability can help you stay ahead of changing regulations and trends and better understand the impact of your operations on the environment and community. Financial implications are also a key consideration – by understanding the cost savings that can be achieved through sustainability initiatives, you can make more informed decisions about where to invest your resources. Finally, taking a close look at your sustainability practices can improve communication and transparency with stakeholders, customers, and employees. As you can see, there are many benefits to regularly reviewing your business sustainability. However, it’s important to note that there is no one-size-fits-all approach – the frequency and scope of your review will depend on your company’s specific needs.

When to Conduct Your Review

As a general rule of thumb, we recommend conducting a review at least once per year. This will ensure that you have the most up-to-date information about your company’s operations and performance. Your bookkeeping department will play a vital role in this process, as they will be responsible for tracking your progress and keeping track of any changes that need to be made. So make sure that you coordinate with them in advance to ensure that everyone is on the same page. Of course, some businesses may need to review their sustainability more frequently than others – for example, those who are subject to stricter environmental regulations or who are rapidly expanding their operations. Ultimately, it’s up to you to decide how often you need to review your sustainability, but we recommend doing it annually at a minimum.

Best Practices

With that in mind, let’s take a look at the best practices for conducting a business sustainability review. There are four key steps to conducting an effective business sustainability review:

Set Objectives and Goals

The first step is to determine what you hope to achieve with your review. For example, do you want to assess your progress on specific sustainability initiatives? Measure your carbon footprint? Evaluate the social impact of your operations? Once you have a clear idea of your objectives, you can develop measurable goals and indicators . This will give you a roadmap for conducting your review and help ensure that it is comprehensive.

Gather Data

The next step is to gather all relevant data, both internal and external. This data will be used to assess your company’s performance on specific sustainability indicators. Some examples of data that you may want to collect include financial records, energy consumption data, employee surveys , and customer feedback.

Conduct Analysis

Once you have collected all the necessary data, it’s time to start analyzing it. This is where you will identify any areas of improvement and develop strategies for making changes. Again, it’s important to involve stakeholders in this process so that everyone has a clear understanding of the findings and can provide input on potential solutions.

Communicate Results

The final step is to communicate the results of your review to all relevant parties. This includes sharing your findings with employees, customers, shareholders, and other stakeholders. You should also create a plan for implementing any changes that were identified during the review process.

By following these steps, you can ensure that your business sustainability review is comprehensive and effective. Remember, the goal is to continuously improve your company’s sustainability practices so that you can reduce your impact on the environment and build a better future for all.

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Simple Steps To Make Your Office Space More Eco-Friendly

By Julie Starr • 07 Oct, 2024

Becoming more eco-friendly and running a greener business is a responsibility that business owners really need to think more about. The good news is that if you spend a lot of time in your office, there are plenty of ways to make it more eco-friendly without having to overhaul everything and start again (which isn’t just disruptive, but expensive too). So, if you’re ready to get started, here are some simple steps to make your office space more eco-friendly; read on to find out more. Use Energy-Efficient Lighting This idea is a simple one that you can do no matter what else might be on your list of tasks - it’s quick, easy, and really makes a difference; change your light bulbs to something more energy efficient. If you’re still using traditional fluorescent bulbs, it’s time to upgrade to LED which doesn’t just last longer, but also uses a lot less energy. They’re easy to install and they’ll help you cut down on your office’s energy usage almost instantly. If possible, you should make the most of natural light too, so think about rearranging your workspace to let in more sunlight, which saves energy and can boost your mood - it’s a win-win that you can do right away. Prioritize Air Quality The air you breathe matters, and keeping it clean can do wonders for your health and the planet. One way to improve air quality is by adding plants to your workspace because plants are natural air purifiers, and as a bonus, they’ll make your office feel more inviting. Another great idea is to make sure your office’s HVAC system is working efficiently, and having air duct cleaning done by professionals is an easy step you can take to improve air quality and ensure your heating and cooling systems aren’t wasting energy. Clean air ducts mean cleaner air, less strain on your system, and even lower energy bills, so it’s a simple but really effective thing to do. Switch To Reusable Products If your office is still stocking up on single-use plastic items, it’s time for a change - swap your disposable cups, utensils, and plates for reusable ones and you’ll be surprised at how much waste to eliminate. And what about encouraging people to bring their own mugs and water bottles to work? Give them tea, coffee, and water to refill everything with, and you’ll be doing your bit to help the planet and have less waste to deal with as well. And don’t stop with these things either - there are loads of reusable products that could be useful in your office. You could have refillable pens and ink cartridges for your printer, for example. Go Paperless Speaking of your printer, is that an office machine you actually need? If you were to go digital and aim for a paperless office , you might be able to do away with the printer, which means less money spent on ink and paper, and less energy used altogether. You should be able to set up a system where documents can be shared online and stored electronically, and there are plenty of tools around to help you do exactly that (and much more). If you don’t need to print something and you don’t need a physical copy of a document, don’t make one - just use the digital version instead and you’ll be a lot more eco-friendly.

3 Most Unsustainable Industries & What They're Doing To Be More Eco-Conscious

By Julie Starr • 04 Oct, 2024

Sustainability often gets pushed on the common person. Joe Public is told to be more sustainable with their daily habits as the government pushes for more eco-friendly measures. This is all well and good - but does it really matter when 71% of greenhouse gas emissions come from just 100 companies around the world? Small business owners are desperate to prove their sustainability, but what are bigger companies in some of the most polluting industries doing to help? We’ve taken three of the least sustainable sectors on the planet and explored the unique ways they’re trying to cut down on emissions and be more eco-friendly. Mining Any industry revolving around drilling underground will not be very environmentally friendly! Mining causes a lot of pollution, but its unsustainability often comes from the way it damages local environments and ecosystems. So, what is this industry doing to change things? It’s largely focusing on more responsible mining practices to reduce waste and mitigate the impact on local environments. This is done through mining dust suppression systems to prevent airborne pollution, reforesting mining sites when they’re no longer in use, and recycling as many materials as possible. Is it perfect? No, but it’s a step in the right direction. Fossil Fuels Shock horror; the fossil fuels industry is the most damaging to our environment. Finding ways to change the scope of this sector is the key to ensuring a better future for all. Some companies in this industry are trying to do this through carbon capture and storage. This is a technique where CO2 emissions are captured before they’re released into the atmosphere and stored underground. Realistically, the main thing fossil fuel companies should be doing is pushing for more renewable energy sources. Many are doing this - though reports suggest they’re not investing as much as they should. If fossil fuel companies dumped more money into developing biofuels and other renewable sources, pollution from this industry would drop dramatically. Fashion The most unbelievable stat to take from this post is that the fashion industry is responsible for 10% of our global carbon footprint . That’s remarkable (and worrying), considering how most of us don’t view it as a “dangerous” industry. Fast fashion is the main problem; poorly-made goods are pumped out at a rapid rate, and consumers constantly buy new things. Fashion companies are trying their best to resolve this. Most big brands will now have sustainable lines using recyclable materials. Consumers also hold the key to solving this problem: stop buying new clothes all the time and wear yours for longer. Or buy pre-owned clothes to slow down the fashion production line. Companies can still do more as well: they are trying to adopt more eco-friendly production processes that use less water and energy. The moral of this post is that everyone can do their bit to fight for a more sustainable future. Keep this in mind for your small business . It doesn’t matter what industry you’re in; there will always be ways to promote eco-friendly practices.