Post by account_disabled on Mar 9, 2024 3:57:07 GMT
People want companies that are transparent and committed to their environment. This has encouraged some companies to show how they work, their relationship with suppliers, where they get resources from, and more.
This recent practice has gained greater relevance in recent years, especially because consumers are no longer willing to follow companies whose production method and business model is not sustainable or socially responsible.
Now, companies and leaders are adding sustainability metrics to the list and finding value in respecting communities and the environment.
Why do those responsible stand out more?
It is not simply about improving corporate reputation. Multiple Chile Mobile Number List stakeholders want to know about a company's sustainability record.
A survey highlighted that younger consumers, in particular, back words with action, even highlighting that 73% are willing to pay more for sustainably sourced goods.
Although it is not only consumers who want them to be more responsible. Major investors understand that companies are well managed and share their environmental, social and governance data.
Recent research found that more than 80% of mainstream investors rely on sustainability disclosures to inform decisions.
As companies are increasingly judged and compete based on their ESG performance, companies that demonstrate sustainable and responsible sourcing stand out from the crowd, the Global Reporting Initiative said.
International policies and regulatory instruments for non-financial reporting
To stand out, a company must develop a social responsibility program that involves its stakeholders and that includes internal and external disclosure of its impact through sustainability reports.
Sustainability reports…
There are various institutions dedicated to guiding companies in the creation and development of sustainability reports. One of them is the Global Reporting Initiative (GRI).
The GRI has been in charge of establishing standards that show companies how they should commit to their environment and create alliances that help guarantee social, environmental and corporate well-being. He has also highlighted three points that companies should pay attention to:
• Establish clear links between supply chain management and reporting;
• Enable more effective disclosures about supply chain performance;
• Improve understanding of supply chain impacts and how to manage them.
When companies and sectors get this right, it's a win-win situation. Actions can help countless people, while driving sustainable development.
Responsible brands
Although there are many companies that have said they are responsible, there are few that really stand out and have done things well. Let's see.
1-. KLM
This airline has been promoting sustainable development and raising awareness among its passengers for more than 50 years. The market has created a diversity of projects and initiatives that allow it to take care of its environmental and social footprint.
One of its programs aims to promote a voluntary CO2 compensation service. This offers the passenger to offset the carbon dioxide emissions produced by their flight, thus neutralizing their personal carbon dioxide emissions from their flight.
KLM CO2ZERO
We believe that it is important to take responsibility for being one of the biggest players in the aviation industry. This is why we have a Roadmap for reducing CO₂ emissions, a plan that combines the solutions available today with innovative developments for the future, they point out.
For KLM, this initiative is part of the strategy to reduce CO2 emissions per passenger by 20% by 2020 and they highlighted that in 2017 alone, CO2 emissions were reduced by 16%.
This recent practice has gained greater relevance in recent years, especially because consumers are no longer willing to follow companies whose production method and business model is not sustainable or socially responsible.
Now, companies and leaders are adding sustainability metrics to the list and finding value in respecting communities and the environment.
Why do those responsible stand out more?
It is not simply about improving corporate reputation. Multiple Chile Mobile Number List stakeholders want to know about a company's sustainability record.
A survey highlighted that younger consumers, in particular, back words with action, even highlighting that 73% are willing to pay more for sustainably sourced goods.
Although it is not only consumers who want them to be more responsible. Major investors understand that companies are well managed and share their environmental, social and governance data.
Recent research found that more than 80% of mainstream investors rely on sustainability disclosures to inform decisions.
As companies are increasingly judged and compete based on their ESG performance, companies that demonstrate sustainable and responsible sourcing stand out from the crowd, the Global Reporting Initiative said.
International policies and regulatory instruments for non-financial reporting
To stand out, a company must develop a social responsibility program that involves its stakeholders and that includes internal and external disclosure of its impact through sustainability reports.
Sustainability reports…
There are various institutions dedicated to guiding companies in the creation and development of sustainability reports. One of them is the Global Reporting Initiative (GRI).
The GRI has been in charge of establishing standards that show companies how they should commit to their environment and create alliances that help guarantee social, environmental and corporate well-being. He has also highlighted three points that companies should pay attention to:
• Establish clear links between supply chain management and reporting;
• Enable more effective disclosures about supply chain performance;
• Improve understanding of supply chain impacts and how to manage them.
When companies and sectors get this right, it's a win-win situation. Actions can help countless people, while driving sustainable development.
Responsible brands
Although there are many companies that have said they are responsible, there are few that really stand out and have done things well. Let's see.
1-. KLM
This airline has been promoting sustainable development and raising awareness among its passengers for more than 50 years. The market has created a diversity of projects and initiatives that allow it to take care of its environmental and social footprint.
One of its programs aims to promote a voluntary CO2 compensation service. This offers the passenger to offset the carbon dioxide emissions produced by their flight, thus neutralizing their personal carbon dioxide emissions from their flight.
KLM CO2ZERO
We believe that it is important to take responsibility for being one of the biggest players in the aviation industry. This is why we have a Roadmap for reducing CO₂ emissions, a plan that combines the solutions available today with innovative developments for the future, they point out.
For KLM, this initiative is part of the strategy to reduce CO2 emissions per passenger by 20% by 2020 and they highlighted that in 2017 alone, CO2 emissions were reduced by 16%.