Environmental Impacts on Businesses
Business has been one of the most powerful and successful drivers of social change. Business has helped to create a quality of life unparalleled in human history. Countless labour saving and beautifully designed products make our life more comfortable, stimulating and potentially fulfilling than ever. Modern healthcare practices have made us healthier and lengthened our lives. Modern working practices enable a higher level of personal wellbeing than ever.
"I've learned that that good business strategy comes from harnessing the passion and knowledge of the people within the business."
I believe that all people, regardless of who they are or where they live, deserve the benefits of a high quality of life, health and wellbeing. However, in a world of increasingly scarce resources, our current economic model will make this vision unsustainable. More consumers equal more consumption equals even greater resource scarcity.
"I'm am optimist! I believe that resource scarcity represents, not just a business challenge, but a great business opportunity."
There is a way forward to create a new economic model that will safeguard the benefits we have gained for the entire population of the planet and that will enable businesses to flourish. This new economic model will be built on the principle of reusing and renewing the precious resources that we have, creating an economy that is self-sustaining…the Circular Economy.
"I believe that business, with its unique capability for creativity and reinvention, is the best way to create and drive the change to this new circular economy."
Business was designed in a time when there was a different expectation of the role of business in taking climate action. This context has changed. Today we are clear there is a Climate Emergency which will require immediate and radical action by our and other businesses.
We believe based on the facts we know today, it would be a breach of our duties as directors of the company and custodians of our stakeholders’ interests to continue as though there is not a Climate Emergency.
This Declaration requires that the entire business design be rethought in the context of a Climate Emergency. This includes an immediate commitment to Carbon Neutrality and to achieving Net Positive by the end of 2020.
This Declaration commits us to reshape the short, medium and long-term strategy and business model of the company, and that this redesign must embrace the principles of ‘just transition’ which takes into account people who will be implicated in this Declaration.
We must seek to maximise the interests of all stakeholders - shareholders, employees, suppliers, customers - in the context of a total commitment to doing what is required by the Climate Emergency.
Sustainable Business Design supports the Sustainable Development goals:
"The Sustainable Development Goals are a call for action by all countries – poor, rich and middle-income – to promote prosperity while protecting the planet. They recognise that ending poverty must go hand-in-hand with strategies that build economic growth and address a range of social needs including education, health, social protection, and job opportunities, while tackling climate change and environmental protection."
Sustainable Business Design particularly supports
Goal 12: Responsible Consumption and Production.
Click here to learn more about Goal 12 and all of the Sustainable Development Goals.
Sustainable Business Design is proud to support Lendwithcare
In line with our belief in business as a driver of social change we are proud to support Lendwithcare.
Please watch the video below to discover how a loan from Lendwithcare has changed the life of Tailor, Yaya Ormorou. If this inspires you please consider joining my lending team.
Lendwithcare is a revolutionary way to help some of the world’s poorest people work their way out of poverty with dignity. Lendwithcare allows you to lend as little as £15 to fund a small business and once your money is repaid you can choose to recycle your loan to support another poor entrepreneur, or withdraw your money. Lendwithcare is currently working in ten countries. See how Lendwithcare works here.
Lendwithcare is an initiative of poverty fighting charity, CARE International UK.
Richard Lupo, MIEMA, CEnv.
Richard is a Chartered Environmentalist and Full Member of the Institute of Environmental Management and Assessment (IEMA). He has had a life-long interest in sustainability issues. He has carried out over 50 full sustainability assessments of social landlords using the SHIFT standard.
Richard trained and qualified over 300 Code for Sustainable Homes assessors as well as trained building professionals on Housing Quality Indicators and sustainable refurbishment. He is an ESOS Lead Assessor and his key skills are calculating carbon emissions and the technical side of research. His particular expertise is developing and instigating stream-lined processes to ensure environmental effectiveness.
At Imperial College London Richard developed a waste silt recycling process, gained an MSc in Environmental Engineering and studied the impact of new regulations on hazardous waste disposal.
In his spare time, Richard researches the connections between environmental protection and meeting human needs and wellbeing.