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Six tips bigger businesses can use to make a positive impact on climate change
In the wake of COP26, businesses of all shapes and sizes are looking at their impact on the environment and exploring how they can make positive changes. One of the best ways to understand how and where to start is looking to peers for advice. British Business Bank’s recent Net Zero Heroes webinar, brought three very different companies together to share their experience and advice.
What came out of the session was inspiration and advice for companies at any stage in their sustainability journey. Here are some of the key takeaways for any businesses – regardless of size.
1. This is an opportunity – don’t get left behind
Making changes now will future-proof any business. Inaction isn’t an option any more. “We should be changing things not because of legislation but as a moral obligation to do the right thing,” said Gareth Dinnage, MD of printing company, Seacourt. “We’re in a decade of change – we have eight years to reduce our carbon footprint so the time is now. There is a huge economic and business advantage in showing leadership rather than putting heads in the sand.”
2. Empower your teams to make an impact
While companies need to focus on sustainability in boardrooms, they should also be looking for inspiration and ideas from their teams. “Each individual within any team needs to have this as part of their thinking and ethos,” explains eco-nappy company CEO, Laura Crawford of Mama Bamboo. “They should all be looking at their processes and everything they do and offering up suggestions on how they can make a difference.”
3. Make sustainability a critical business function
Considering how to reduce a business’s carbon footprint. Consider making the reduction of your carbon footprint top of the agenda, not a bolt on. “There’s no silver bullet here” and plotting a path forward requires attention. “We’re starting to see (Environmental, Social, and Governance) ESG representatives on boards which highlights the importance of this conversation,” says Dinnage. “We should all be taking time out of our weeks to focus on it at a strategic level.”
4. Take confidence that things have moved forward
The drive towards sustainability is moving at pace so even if you couldn’t find the things you needed as a business a few years ago, you should always keep checking because new products, materials and solutions are available all the time. “We’ve noticed since launching just two years ago that the amount of materials available to us has multiplied tenfold,” says Trash Planet founder, Holly Boxall, who makes sustainable trainers.
5. Look beyond your industry for solutions
When you’re spearheading a new way of doing things, sometimes you need to look beyond your industry to find the answers you need. “We didn’t get our answers from the manufacturers of nappies because they hadn’t considered doing things differently,” explained Crawford. “It was really a case of looking across the board at what else was available and being used for completely different purposes.”
6. Don’t simply rely on offsetting
Finding a good partner to offset your carbon emissions is becoming a popular way for businesses to boost their environmental credentials but action shouldn’t start and end there. “Offsetting isn’t a licence to pollute,” said Dinnage. “First and foremost look at what you’re doing. Offset has its place but only after you’ve exhausted absolutely everything else.”
Reference to any organisation, business and event on this page does not constitute an endorsement or recommendation from the British Business Bank or the UK Government. Whilst we make reasonable efforts to keep the information on this page up to date, we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. The information is intended for general information purposes only and does not take into account your personal situation, nor does it constitute legal, financial, tax or other professional advice. You should always consider whether the information is applicable to your particular circumstances and, where appropriate, seek professional or specialist advice or support.
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