The Major Corporates Getting It Right on Sustainability
Sustainability initiatives are dominating headlines and social media for the first time; consumers are demanding more, and forward-thinking companies are starting to shift their business models accordingly.
Last year, Oxfam found that the world’s richest 10% produce half of all carbon emissions while the poorest 3.5billion produce just a tenth. Those least responsible are the most vulnerable to the effects of climate change. Whilst efforts by individuals to recycle their household waste or ditch their diesel cars contribute immensely to creating traction, the biggest impact stands to be made by corporations. According to the 2017 Carbon Majors Report, 100 companies are accountable for 71 percent of global climate emissions. If we want to see lasting, effective change, corporations must acknowledge the damaging effects of their supply chains and change their operational methods. Conscious consumers are growing in number and demanding more – meaning that sustainable business not only makes environmental sense, but is commercially savvy, too.
So, which corporates are leading the pack?