How to get business by implementing ESG


 

What is ESG?

ESG stands for environmental, social and governance. ESG is a framework used to measure how a business impacts people and the planet.

 

How your business can benefit from ESG

ESG can help you to win more business and cut costs to improve the long-term success of your business. 

ESG can benefit your business by:

 

Enhancing your reputation

Consumers are increasingly choosing brands that carry out sustainable practices with 88% of consumers showing loyalty to brands that take action on social or environmental issues.

Implementing sustainable practices can attract customers to your company and increase loyalty to grow your business. 

 

 

 

Being competitive

It can be hard to stand out amongst competitors.

One way to do this is to position yourself as being a company that cares about the impact your business has. 

Consumers will increasingly pay more for products with sustainable packaging (60%) and 78% of US consumers stated that a sustainable lifestyle was important to them. 

Companies who act sustainably and communicate this with their audience have the opportunity to get ahead of their competitors. 

 

Winning investment

Investors want to ensure they are giving money to companies that will not only make them profits but act responsibly. 

It is better for the company and the investor's reputation to be sustainable. 

When competing with other companies for investment, you could have an advantage by having an ESG strategy. 

 

Retain staff

Top talent wants to work for companies that are making an impact. They want to be proud of where they work. 

Statistics prove this with employee wellbeing correlating with a companies ESG performance. They had 14% higher satisfaction and employee turnover was 50% lower in high ESG-rated businesses.

 

 

Grow your business

When products make ESG-related claims, they had an average of 28% cumulative growth over five years versus 20% for products that didn't. 

 

How your business can implement ESG

There are many ways your business can implement ESG such as reducing your carbon emissions and implementing sustainable practices.

One easy way of doing this is to have sustainable cleaning. 

 

What is sustainable cleaning?

Sustainable cleaning means carrying out cleaning in an environmentally responsible way. This means reducing waste, recycling, and using eco-friendly cleaning products.

 

Implementing ESG cleaning in your business

Using eco-friendly products is a good way to ensure you are practicing sustainable cleaning.

For example, at TasteForHygiene our Multipurpose Surface Disinfectant kills 99.99% of bacteria and viruses but has no artificial fragrance or colour additives. 

The product is also made in the UK which means cutting carbon emissions because it has a shorter distance to travel. 

 

Is it time to implement sustainable cleaning in your business?

 

 

Check out our range of sustainable cleaning supplies

 

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