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Sustainability

The opportunity for business to benefit and mitigate the impact of the forthcoming Net Zero challenge should be on the agenda for all companies.

sustainability
 
 

It might be difficult to see how you can play a role in getting to this goal but it will eventually be forced upon business to change. So the conversations need to start now and grow forward has partnered with platforms to support this change. Technology may not be able to solve all the problems but it is going to be a fundamental part of how we do business in the future. So by future proofing your technology and capturing data now is highly important to reducing your impact on the environment. Legislation will eventually become the tool to achieve Net Zero so get infront of the curve.

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Buckets of
impact

Defining buckets of impact will set your business up for the future. The sustainability of a firm will in the future be determined by its impact. Identifying these impacts will drive growth, Mitigate risk, manage trust between you and your customers and suppliers and reduce cost. It may not seem related but digital processes can be used to change your normal operating activities to reduce your impact and be more sustainable. Identifying and addressing these impacts also stimulate innovation for your firm. Setting it apart from your competitors and future proofing the revenue, mitigating the risk of disruption by future changes.

Plastic Packaging
Tax (PPT)

This is highly relevant to businesses now and will be intrinsic to implementing Net Zero targets. Understanding what your company can do to decrease your liability and increase your sustainability as a business is something grow forward can help you with. Utilising technology and upcoming legislative changes to inform business decisions.

Extended supplier
responsibility (EPR)

We need to move away from a “make, take, waste” society and reduce the negative impact a business has on the supply chain. The 5.9 million SME’s in the UK generate huge revenue and employ the largest proportion of workers, but are at the most risk from legislation. Large businesses have resources and infrastructure to be in front of legislation, but small business struggle to keep up. The opportunity for SME’s is their agility and quick decision making. Harnessing this to be successful takes resources that they do not have.