Per this article on a Bain & Company and EcoVadis study of 100,000 companies, of which 80% are private, ESG activities (sustainability, diversity and employee satisfaction) correlate with stronger financial performance and growth for private companies:

1. Companies with more women on the executive team have better financial results.Companies that rank in the top 25% of their industry for executive team gender diversity have annual revenue growth approximately 2 percentage points above that of companies in the bottom quartile. And their EBITDA profit margins are 3 percentage points higher than that same group.

2. Renewable energy usage correlates with higher EBITDA margins in carbon-intensive industries. In the natural resources, transportation and industrial goods sectors, companies that use more renewable energy have higher EBITDA margins.

3. Companies that focus on ethics, environmental and labor practices within their supply chains are more profitable. These companies have margins 3 to 4 percentage points above those that don’t focus on their suppliers’ ESG credentials.

4. ESG leaders have higher employee satisfaction; companies with the most satisfied employees grow faster and are more profitable. They have three-year revenue growth up to 5 percentage points above those with less-satisfied employees and margins as much as 6 percentage points higher than those laggards. Beyond the basics of fair pay and ensuring a safe work environment, benefits may include career training, mental and physical healthcare, childcare, and educational opportunities, all of which boost employee satisfaction and, as a result, productivity and retention.

If you would like to develop a plan for your company to become more profitable, watch this webinar and call us.

Workers around the world want their employers to put more attention against environmental impact; and are willing to put their money where their mouths are.

Per this Honeywell Survey

• 91% of respondents would forgo job perks if the cost was reinvested in reducing their workplace environmental impact
• 26% would sacrifice some of their pay if the funds were invested in reducing environmental impact

Are you spending money against reducing environmental impact?  Are you generating a positive ROI from it?  If your answer to either question is ‘no’, watch this webinar and give us a call.

Gym For The Brain (https://www.gymforthebrain.com/), a Florida-based brain/body enhancement center that includes high-altitude EWOT (exercise with oxygen therapy) and six other enhancement tools, recently renewed its Edenark Group ISO 14001 environmental sustainability certification (which includes a wellness component) through 2023 and has decided to celebrate Earth Month (April) and Mental Health Month (May) by providing this promotional offer to bring attention to the need to combine environmental sustainability with wellness.

During April and May 2023, Gym For The Brain will provide a free introductory session ($225 value) to any employee of an environmentally certified sustainable company or a company that is under contract to become environmentally certified sustainable.

Use Code: Let’s Get Better

Contact with Gym For The Brain must occur by 11:59pm EST 31 May 2023

Redemption must occur at Gym For The Brain facility

Proof of employment and current environmental sustainability certification, or contract for same, must be provided

Call +1 561.408.6890

release

97% of large companies have sustainability departments; but many have internally-constructed, non-global-standard-aligned, non-scalable, non-3^rd-party-audited, sustainability programs.  Many of these programs were created to ‘look good’ but not designed to survive the stress test of external accountability.

SMEs have it worse.  Less than 1% of SMEs have sustainability programs of any kind.

As consumer/client (B2B and B2C) demand for sustainability grows, corporations see the financial opportunity and feel the pressure to say they are sustainable.  The more sustainability claims they make, the greater the risk of exaggeration (ie, Greenwashing).

This has caused a rise in the number of greenwashing watchdog agencies, with more staff, to investigate corporate sustainability claims. 

Consumers, also seeing companies greenwashing in response to their demands, are upping their expectations and demanding 3^rd party validation and alignment with globally-recognized programs, to prove a company is doing what it claims. 

Governments, bringing teeth via fines, are creating new laws that require valid proof of sustainability compliance.

That leads us to the question – Is your company greenwashing?  

Per this article, odds are, the answer is ‘yes.’  A survey of 1500 executives in 16 countries around the world, were asked about their sustainability programs –

• 85% reported clients/customers becoming more vocal about sustainability, causing these executives to greenwash in an attempt to capitalize on the demand.
• 72% believe most of their sector peers are greenwashing.

Again, most sustainability programs that are not aligned with globally-respected standards, and 3^rd party audited against those standards, are not ready for the external accountability that is now being expected.  If you feel your sustainability program is not equal to your sustainability claims, and you wish to correct the problem before you are exposed, watch this webinar and give us a call.

Leading Peers asked Edenark Group CEO, David Goodman, to give this masterclass webinar on Using Sustainability Certification to Differentiate.

We hope you find it beneficial for future decisions for your organization.

Should you have questions, please contact us here.

As we have reported for some time, and as this article explains, if you are part of a supply chain, prepare for your clients to conduct due diligence audits to confirm your environmental sustainability commitment and compliance.

Just saying you are sustainable is not going to satisfy the compliance audits by your clients, as they have their own reporting obligations.  You will need to be verified/certified under a program that is accepted/respected.

Follow the recommendations in this webinar and you will be happy.

Gym For The Brain (https://www.gymforthebrain.com/) a Florida-based brain/body enhancement center that includes high-altitude EWOT (exercise with oxygen training) and six other enhancement tools, has renewed its environmental sustainability commitment by extending its Edenark Group ISO 14001 sustainability certification through 2023.

The Edenark Group ISO 14001 is the world’s premier environmental sustainability certification program and allows SMEs (small to mid-sized enterprises) a program designed and priced specifically for them.

The program, which allows companies to progressively improve at a pace that works for their needs, helps the organization define how it interacts internally, externally, and with the environment.  It incorporates energy/waste/water, employee health and performance enhancement, community involvement, procurement and suppliers, compliance and regulations, emergency/security, and stakeholder engagement.  Benefits include creating a culture of continual improvement, stakeholder engagement, lower costs, higher revenues and profits, improved employee performance, and…… doing the right thing for the environment and current and future generations.

“People suffer from toxins ingested from the air, from food, from things they touch.  Disease is due to a deficiency in the oxidation process to remove these toxins.  Gym For The Brain helps its clients remove the toxins their bodies take in.  But, when they leave our facility, they are going back into a toxic would.  We want to help reduce those external toxins, which is why we decided to pursue the Edenark Group ISO 14001 certification program,” said Michael Cohen, Co-Founder of Gym For The Brain.

“Gym For The Brain is doing wonderful work by helping people remove toxins, reduce inflammation, increase body and brain strength, and improve health.  Sending those people back out into a toxic world is frustrating.  The Edenark Group ISO 14001 sustainability certification program allows Gym For The Brain to not only help people while at the Gym, but also when they leave the Gym, by proactively participating in improving the environment via internal and external environmental sustainability actions,” says David Goodman, CEO of Edenark Group.  “They are agreeing to adhere to the world’s Gold standard for sustainability certification; are choosing to be a leader and part of the solution, not the problem; and are joining an elite fraternity of over 300,000 organizations, in over 150 countries, that have committed to continually improving in every way.”

Gym For The Brain can be reached at +1 561.408.6890

Edenark Group can be reached at +1 561.512.2257

release

As this article explains, the seismic changes to people’s lives wrought by COVID, the climate emergency and the cost-of-living crisis have all reshaped the demands employees are making on the companies they work for.

Per a 2020 study, 83% of workers believed their employer was doing too little to address climate change and 65% of workers are more likely to work for a company with strong environmental ethics. 

This data is consistent with other studies and if these studies are correct, and you are not a legitimate/certified sustainable company, how much will you need to pay in premium, to keep your employees from leaving you in favor of a certified sustainable company?  Further, while they stay with you, how motivated and passionate will they be about their work?

At the end of the day, you will lose the top performers, as they will be able to find work in companies that align with their environmental views and you will pay more than market to retain the balance of your employees.

Or, you can become environmentally certified sustainable, do something good for the planet, make more money, and be one of the companies winning top talent.

Contact us.  We are happy to help.

Another news service, Financial Content, has picked up the story of 5AM Global, d/b/a BREATHE! Convention, pursuing the Edenark Group ISO 14001 environmental sustainability certification.

Consumers want to hear that your company is a good corporate citizen and the media wants to talk about it.

What are you currently doing in your company that consumers want to hear about and the media wants to talk about?  If it is not something that will help everyone around you, that 7 out of 10 consumers will move their business for, that your employees will be proud of, and that you will feel good about, give us a call.

As we have commented on in the past, there is a difference between what is happening at the company operating level due to ESG versus the political football surrounding how the financial markets have packaged and sold “ESG” funds.

This article is not about ESG funds.  It is about the impact of ESG for companies, at the operational level.

Per this article:

• Companies that promote the importance of ESG have seen revenues rise 9.7% versus only 4.5% for those that do not support ESG. That’s a 2.15x gap.

• Companies that promote the importance of ESG have seen profits rise 9.1% versus only 3.7% for those that do not support ESG. That’s a 2.46x gap.

• Companies that promote the importance of ESG have enjoyed 9.9% headcount growth versus only 4.8% headcount growth for companies that do not support ESG. That’s a 2.1x gap.

We’ll let the politicians debate the value of how the financial markets create, audit and manage, ESG funds on Wall Street. 

But on Main Street, where companies live and die, incorporating ESG into your operation helps you grow twice as fast as your peers that do not have ESG in their operation.

If you would like to talk about this, please contact us.