ESG and Small to Medium Business
As business owners and leaders, we all have a role to play in addressing climate change and sustainability, and increasingly so with a strengthening focus on ESG (Environmental, Social and Governance) in the media and our everyday operations.
There will be more compliance around ESG in the future forced upon us with the inevitable need to calculate emissions and carbon footprints as part of your ESG position. This may be fortunate or unfortunate, depending on which side of the debate you sit.
I think it is possible to do this in a way that will help meet these requirements while also helping your business! It reminds me of the introduction of the GST which made a lot of things harder, and at the end of the day meant we all looked at how our business was going more frequently (quarterly with BAS etc) and used it as fuel for change and growth.
Afterall, a lot of the ESG reporting is focused on communicating your business’ purpose to stakeholders, outlining how you support your community, describing how you build and grow your team in areas such as training, pay equality and leadership. As well as how you operate ethically and with integrity, looking at your suppliers and ensuring that you are spending your money where it matters and supporting businesses that support you with a focus on local or aligning with suppliers that are on the same journey as you – towards a sustainable business and future for us all.
So, how can we focus on the three areas of ESG to help achieve your business goals and targets?
We would love to share with you our ESG journey so far and discuss what ESG means for your business. Let’s do it now while there is room to make it work for you and your business’ growth and profitability rather than when it is forced upon us all. Contact Amanda Kenafake today to start your sustainability journey, or to claim your seat at the table for our upcoming Leader’s Luncheon on ESG on 23 November.