As the world continues to battle issues like overpopulation, scarcity of resources, climate change and global warming, the theme for this year’s Earth Day — ‘Invest in our planet’— comes as no surprise.
We’ve now realised and witnessed the consequences of our actions on ecosystems, and this impact has unquestionably highlighted the importance of mindful and environmentally friendly behaviour. Simple efforts like ‘Reduce. Reuse. Recycle.’, using less plastic, and following a vegetarian diet can help the environment, but making green financial decisions can make even more substantial contributions to the cause.
This year, Earth Day comes with a reminder to take charge and urgently unite citizens, governments and businesses to consistently strive for the betterment of our planet and deal with its greatest threat: climate change.
Environmentally-conscious businesses can help themselves and the world
Some of us may dispute the need for businesses to become environmentally friendly, believing that individual action alone can make a significant difference. However, a conscientious and environmentally sustainable approach should be followed in all aspects of life, including the home, office and public spaces. Unless businesses, too, start acting immediately, climate change will continue to harm economies, create scarcity of resources, drain earnings and lower job possibilities.
Sustainable company policies, stock prices and corporate performances have all been shown to have a direct relationship with each other. And companies that adopt strong Environment Social Governance (ESG) standards have higher profits, stronger financials, happier employees, and more stable stock performance. We don’t have the option of going green or making money in today’s world. Sustainability has been demonstrated to be the go-to way to prosperity and long-term profitability time and again, and thus, the two must go hand in hand.
The government must also encourage citizens, companies and institutions to…
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