{"id":854,"date":"2021-05-27T20:39:27","date_gmt":"2021-05-27T20:39:27","guid":{"rendered":"https:\/\/theboonroom.com\/?p=854"},"modified":"2021-05-27T20:41:28","modified_gmt":"2021-05-27T20:41:28","slug":"businesses-invest-sustainability","status":"publish","type":"post","link":"https:\/\/theboonroom.com\/blog\/businesses-invest-sustainability","title":{"rendered":"Why Businesses Should Invest In Sustainability Efforts"},"content":{"rendered":"

The modern business is under a lot of pressure. There are more options for consumers than ever before, and the competition to win brand loyalty and return business is fierce. Companies exert effort to win customers in different ways, each with a varying level of success. Virtual marketing is currently a focus, as well as staying abreast of customers\u2019 wants and needs. In the last five years or so, there has been a unique shift in what consumers really want to see from their favorite businesses. Where trendy marketing and quality products may have once been the primary draw, modern consumers want more than that. They want to see their businesses participate in the issues that matter to them. However, sustainability efforts extend far beyond pleasing consumers and hopping on a trend. Rather, these issues are what will determine which businesses go under and which ones last.<\/p>\n

Why Is Sustainability Important For Business?<\/h2>\n

\"Why<\/p>\n

Sustainability and environmental action are no longer simply attention grabbing \u201cperks\u201d for businesses to have. In fact, these efforts are what will determine the future of a business, its level of success, its ability to collaborate with other businesses or corporations, and whether or not the business lasts in changing markets. This concept is no longer about benefits to businesses; it\u2019s about the survival of the business.<\/p>\n

The Company\u2019s Future<\/h3>\n

The proof exists in the name. Without eco-friendly, earth-conscious solutions on a large scale, most businesses won\u2019t be sustainable. As resources dwindle, it\u2019s important that businesses adapt to using sustainable methods in order to ensure that they will have the ability to continue to function far into the future. A company that finds itself in a sustainable future with no infrastructure in place to help adapt to changing methods, it will surely fail. It\u2019s important to face the facts: if your business can\u2019t survive without extreme waste and old-fashioned modes of energy, it likely will not survive past the next decade.<\/p>\n

Mitigate Risk<\/h3>\n

Whether you think about it or not, the climate plays a huge role in the risks that businesses absorb every day. Our planet has the ultimate say in whether resources are available and if they get transported to the correct places. If you are relying on a significant amount of rice, for example, flooding in Thailand and other areas of Asia could put you at risk for lost profits. In 2011, Thailand\u2019s floods had a strong impact on the textile business and put businesses in a vulnerable position when resources were not available to them. By installing and carrying out sustainable business practices, you can help control risk in two ways:<\/p>\n