If you have a start-up, early-stage or micro-sized business, you do not have the infrastructure that a larger company has, making it easier for you to adjust your operation now, versus later.
Per a Boston Consulting Group / World Economic Group study, combined with a few thoughts from us, here are a few things to think about :
- Companies that fail to decarbonize could see profits eroded 5 – 25%
- In contrast, companies that invest in decarbonizing measures can achieve a 19x ROI
- Global ESG assets will reach $40 trillion in less than five years
- Finding money (debt and equity) for your company will be tied to your proof of sustainability
- Your corporate client prospects are burdened by their Scope 3 mandates. They are looking to replace their existing vendors with vendors that are certified sustainable and have a carbon emissions program. The sooner you are certified sustainable, the sooner you can take market share from larger, better-established competitors
- If you pursue AI, prioritize providers that have a legitimate net-zero emissions plan in place
- Regenerative business (ie, restoring ecosystems) is being rewarded with funding, grants and subsidies. Incorporate this into your operation.
- Just like you are doing, to win business (see above), select vendors that are already certified sustainable and are already, or on the path, to certified net zero. You are going to have to do this anyway; do it from the start, rather than replacing vendors later
- Governments are starting to require sustainability reporting. Given that you will need to do this anyway, start now
- Don’t make the mistake of ‘assuming’ becoming certified sustainable is going to cost too much. We have many pre-revenue and one-person-micro-size companies as clients. They are seeing a positive ROI from their efforts. If you pick the right program, it will reward you many times over.
If this sounds appealing, read this on what you want in a sustainability program, watch this master class, and contact us.