Sustainability and Environmental, Social and Governance (ESG) roles have been growing across businesses globally over the past few years. And, it’s not just the big brands who are employing teams of experts, many organisations are seeing the benefits of hiring a sustainability specialists in-house. How could they add value to your business?
Here are a Magnificent Seven ways sustainable business practices could strengthen your organisation:
Enhanced reputation
Demonstrating a commitment to sustainability and ESG practices shows your customers, investors and other stakeholders that you take your responsibilities seriously, and that as a business you are actively contributing to a more sustainable future- alongside building brand loyalty.
Competitive advantage
Give your business a competitive edge by showing consumers and investors that you take sustainability and ESG considerations seriously by having dedicated professionals overseeing these areas. This will enable you to differentiate your business from competitors and attract socially conscious customers and investors.
Risk management
Sustainability and ESG issues can pose significant risks to businesses, such as regulatory compliance, supply chain disruptions, reputational damage and legal liabilities. Having an individual or team focussed on these areas can help identify and mitigate these risks, ensuring your business remains resilient and prepared for potential challenges.
Cost savings
Implementing sustainable practices can lead to cost savings in the long term. A dedicated sustainability leader can identify opportunities for energy efficiency, waste reduction and resource optimisation which can result in reduced operational costs and therefore improved profitability.
Access to capital
Many investors prioritise companies with strong sustainability and ESG performance. By demonstrating that your business has a strong track record of managing its environmental responsibilities, it opens up a broader range of investors and the potential to access capital that is specifically reserved for sustainable and responsible investments.
Innovation & growth
Sustainability and ESG considerations often drive innovation and help create new business opportunities. A dedicated ESG professional can identify areas where your business can develop sustainable products or services, explore emerging markets and adapt to changing consumer preferences.
Employee engagement and retention
Employees are increasingly looking for purpose-driven work and want to be associated with companies that align with their values and beliefs. A business that can show it has a real commitment to sustainability and ESG can help attract and retain top talent, raise employee morale and improve overall employee engagement.
So, there you have it - seven great reasons to consider hiring a sustainability expert.
Need some help?
Allen & York have been specialising in environment and sustainable recruitment for over 30 years, delivering great hires to the green economy across the globe. We have built a network of talented and committed professional recruiters, with state-of-the-art research techniques and an unrivalled talent pool, we place purposeful people into purpose-led organisations all year round.
To have an informal, confidential chat with one of our lovely recruiters, please call 01202 888986 or email hello@allen-york.com