For example, if a company wants to become more environmentally friendly but hasn’t implemented any sustainability initiatives yet, they could start by collecting data on things like energy usage or waste levels across all their locations. Then, they can establish targets to reduce emissions and invest in renewable energy or green initiatives.
Companies should consider reaching out both to internal and external stakeholders who can provide valuable insights on how to implement new components or practices. Engaging with local environmental groups could provide them with resources to help their sustainability efforts move forward more quickly than they could if working alone. Ultimately it’s important for companies looking to make changes find ways that make sense from both a financial and ethical perspective so those changes are sustainable over time.