With the current economic crisis hitting UK businesses, families, and individuals we’re all adjusting our budgets to prioritise what is necessary. For some this means a sustainable approach to living must fade into the background, but for businesses seeking to become more environmentally sustainable, this doesn’t need to break the bank. A UN Global Compact and Accenture CEO Study on Sustainability (opens in a new window) found that 35% of executives have discovered cost savings by taking steps towards greater sustainability.
A recent KPMG survey of over 1,300 chief executives (opens in new window) worldwide found that almost 9 in 10 believe there will be a recession in the next 12 months. Most are optimistic it will be a mild and short recession, but they are still looking for ways to cut costs in preparation for the challenging times ahead. Half of the executives surveyed have considered putting off their environmental, social and governance (ESG) efforts for the next six months, whilst a third have already done so due to economic uncertainties. This in itself is concerning at a time when we all need to be acting to halt the climate and environmental crisis.
At mdsustain we take a comprehensive approach to sustainability. We don’t just measure your carbon footprint and signpost where to offset the impacts. We go beyond carbon to look at your company’s ambitions, policies, and wider environmental impacts to establish clear mitigation strategies. We work with your staff to create a more sustainable business that you can maintain independently. We believe in a holistic approach that puts the business processes in place to achieve continuous positive impacts over time. This should be the priority rather than simply offsetting your carbon footprint to claim carbon neutrality for marketing purposes.
Navigating environmental regulations and best practice to make sure you are taking the right actions isn’t easy, but we’re here to offer advice and guidance through tailor made approaches which fit your company’s context and needs. We share our cost estimates online to be as transparent and accessible as possible. We offer our support at a competitive rate, whilst providing a more impactful service which goes beyond carbon offsetting.
If you would like to talk to one of our specialists, please don’t hesitate to get in touch. We want to support organisations to continue their steps towards a sustainable future even in these uncertain times.