Reducing Environmental Risk

Tips to reduce your company’s environmental impact

On Behalf of | Mar 26, 2024 | Environmental Due Diligence

It can be difficult to reduce your company’s environmental impact, but it is possible. Often, the key lies not in taking one drastic step, but in using many smaller tactics to cumulatively reduce that impact in the long run.

Exactly what steps you need to take will depend on the nature of your business and local environmental regulations. But below are a few ideas that can help you get this process underway.

Aim for carbon reduction

It often feels daunting to get to net zero carbon emissions. It may seem impossible. But you can still set reduction targets to meet, slowly reducing your CO2 emissions. Having the targets in place gives you a measuring stick to see if your efforts are working.

Reduce travel

It’s often recommended to reduce energy use, and one way to do this is to reduce the amount of business travel that your team engages in. Less driving equals less emissions. This is even more drastic if you reduce flights, especially on private jets.

Consider your suppliers

Even if your business is reducing its carbon footprint, your suppliers may not be. It’s important to check and see if parts suppliers are using sustainable materials, for example. Choosing the correct suppliers helps your company accomplish more.

Utilize technology

In some cases, different types of technology can help you track or reduce your carbon footprint. For example, ESG software – ESG stands for Environmental, Social and Governance software – allows companies to track omissions, set goals and work toward long-term success.

All these steps can help, but you may still have some questions about legal regulations regarding your company’s environmental impact. Be sure you know exactly what obligations you have and what steps to take.




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