Tom Merritt shares what your tech business should consider to improve our natural environment.
Environmental, social and governance goals are a big deal for companies today. Climate tends to dominate the ESG conversation, but what does that mean for your business?
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Top five things to know about your business’ environmental goals
Data analysis is essential
Global Data has a framework for environmental goals and the first framework is related to climate change. Among the actions companies can consider to meet those goals are setting science-based emissions targets, investing in energy efficiency and even setting internal prices for carbon.
Pollution is often overlooked
Pollution is an often overlooked part of environmental considerations. Companies can conduct air quality assessments, invest in improved waste management techniques, and use clean energy sources.
Biodiversity Consideration
Depending on the company, you could explore reforestation programs, endangered species recovery programs, or perhaps responsible fishing and livestock programs. Some companies may also benefit from looking at safe pesticides and fertilizers.
Natural resources can help you achieve your goals
Companies can get involved in water conservation and explore land management policies that keep land from being developed.
Don’t forget technology
The data can give you a basic sustainability indication so you can compare your improvements. New IoT sensors and improved bandwidth services can help companies save water, reduce energy use, and increase efficiency in things like transportation.
These principles are broad, but they can help you focus your efforts and tailor ESG goals to your circumstances, and often help create a better environment for all of us.
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