BUSINESS SUCCESS THROUGH SUSTAINABILITY

Think your business is too small to justify making sustainability a priority? The market is telling you that it’s time to think again. ESG shouldn’t be regarded simply as an obligation — it can also lead to new business opportunities and higher profit margins. SMEs that embrace ESG are more likely to attract sustainability-focused investors and therefore more capital. Younger employees prefer to work for companies that are perceived to have a net positive impact on the world. Businesses that can envision and seize those opportunities by embracing ESG will be setting themselves on a road to success — especially smaller businesses, which have some advantages over their larger counterparts. While large corporations clearly have the resources, including entire sustainability teams, to draft and implement ESG policies and guidelines, develop green products, and enter into high-level sustainability partnerships and agreements, SMEs have limited resources to implement ESG strategy and reporting. Sustainability-X includes a feature that assists SMEs in populating their ESG reports with AI input suggestions so that they can prepare their own disclosures rather than relying on the entire GRI, SASB standards as large enterprises do. This capability can assist SMEs in publishing their ESG reports with minimal resources and no hassle.