There is a need to take action
The world faces a serious environmental crisis – but it’s more than just global warming. Declining biodiversity and a pressing need to reduce waste in all aspects of our economy are equally threatening to human life on our planet. In response to the need for global action, governments are setting out plans to transform economies to achieve net zero. Those plans call for significant evolution of the foundational parts of our industrial economy, entailing decarbonising the electricity grid and installing infrastructure to create and distribute future fuels such as hydrogen, biofuels and e-fuels. Organisations of all sizes will play a part in contributing to government commitments to mitigate and repair environmental damage. Doing so while remaining economically viable will require different ways of operating, placing new demands on workers at all levels. IEMA recommends that you seek to accelerate your organisations’ transition to a 'greener' future.
Customers – are increasingly looking at green claims of organisations and making choices based on their credentials.
Investors – driven by the changing consumer mindset and being seen to be 'good citizens', investors are looking for solid ESG reports alongside financial reports. There is also a case for better financial terms for companies with better ESG credentials.
Internal workforce – ensuring the workforce has a good understanding of the environmental challenges and how to counter them is key for any organisational change. Having a strong strategy relies on strong education and training programmes behind them.