Small companies and Sustainable Business Models
Counterparties like shareholders, banks, clients, suppliers, etc. are now looking closer to companies they deal with. The focus is on the sustainability profile of the company.
Why is the focus on Sustainability?
There are different reasons; a client wish to ensure the production is respecting environmental norms ans human rights for instance, the bank and the share holders wish to ensure the company has a sustainable business model. The first to avoid reputational risk, the second to avoid losses on credits given. These are just two examples, and there are a myriad of reasons for looking closer into this.
The sustainable business model.
Bigger companies have special teams focussing on this, but small companies does not. Small companies focus on driving their business forward and so it should be.
Does your company have a sustainable business model from an ESG (Environmental, Society and Governance factor) perspective?
This is exactly what we can help you figure out!