As we have reported in prior posts, lenders are increasingly requiring firms seeking loans to provide their sustainability reports.
Per this article, companies that can prove their sustainability commitment have better access to capital, and smart capital; while those which cannot show a sustainability program risk losing out, or face a higher cost of money.
Bottom line, money (both debt and equity) will cost you less (assuming you can get it) if you are an environmentally certified sustainable business.
Given consumer demand, investor demand, lender demand, employee demand, government compliance, Scope 3 mandates, and just because it is the right thing to do, becoming environmentally certified sustainable is a smart play.
If you want to improve your chance of getting money (debt and equity) and lower the cost of the money (both debt and equity), read this on what you want in a sustainability program, watch this master class, and contact us.