Webinar: Purpose, Profit and Planet
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Webinar: Purpose, Profit and Planet
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SMEs make up around 99% of businesses in the UK and around half of all turnover generated by the private sector is generated by SME business. For the UK to hit its target of net-zero emissions by 2050, it is crucial that SMEs are fully engaged with the challenge and doing what they can to make positive changes to the way they operate.
However, the driver for change need not be entirely altruistic. According to the OECD, 80% of UK consumers are more likely to purchase goods and services from a business they know makes a sustained effort to be environmentally friendly. A further 34% knowingly pay extra for a product or service because it has strong environmental credentials.
The webinar was chaired by Help to Grow: Management alumna, Amy Britton. Amy passionately believes in the need to make a conscious effort to reduce our impact on the planet. She founded Amy Britton, a Scotland-based manufacturer of Harris Tweed products, with a clear focus on sustainability. She has recently introduced a new product range which is manufactured with only recycled parts. Zips, woven branded labels, and thread are all made from recycled plastic bottles while strip labels are made from recycled coffee cups.
In this session, our experts provided insights into:
- how investment in sustainable practices leads to decreased costs and increased profit in the long-term;
- ways to measure, reduce and report your environmental impact to attract investment, employees, and consumers;
- affordable sustainable practices for SMEs;
- how sustainable strategies can help your business create a compelling mission, vision and values to engage staff and customers.
This webinar is the first in our three-part series on ESG (environmental, social and governance).
Part 2 – Socially Responsible Business
Part 3 – Trust and Transparency