As we start a new financial year, our CEO Pip Stockford explains why investing in better sustainability data quality and systems isn’t just a smart move – it’s a necessary step for your small business’s long-term success.
In 2025, sustainability is a business imperative. Once the target for many climate goals, 2025 has arrived and businesses are falling behind on their promises. As ESG criteria gains traction regarding investment decisions, customers demand transparency, and regulations tighten globally, your ability to measure and report on sustainability will be essential.
Right now, many SMEs are looking for ways to level up their brand, unlock capital and gain a competitive advantage. The new financial year brings with it opportunities for green growth and expansion, and embedding sustainability into your business will be one of the biggest drivers of success in 2025.
Often, the conversation around ESG is focused heavily on risks. While the impacts of the climate crisis cannot be understated, not enough attention is given to the opportunities that sustainability can create for your small business. This is why I believe investing in sustainability data is the smartest business decision you could make as we move into 2025. By getting started now, you can put your business ahead of the curve for future legislative requirements, exceed customers’ expectations and attract new investors – it’s no secret that financial providers are increasingly using ESG metrics to inform their decisions.
By collecting and sharing accurate, reliable data, you can show your commitment, build trust, and set yourself apart in a competitive market. Strong data doesn’t just boost your credibility; it helps you pinpoint areas where you can cut costs, improve efficiency, and innovate. Plus, with industry benchmarking, you can track your progress against competitors and ensure you stay ahead.
If you’re new to the world of data, you might also benefit from support from our consultants who can help you understand where your business is on its sustainability journey. While these investments might feel significant, the payoff – better decision-making, greater efficiency, and increased profitability – makes it worthwhile.
But what if you haven’t yet developed your climate targets or ESG goals? With so many factors to consider, many businesses feel lost even before starting their sustainability journey. At Sustainit, we provide expert advice and guidance every step of the way. Our consultants work to global ESG frameworks and standards, supporting our clients to create bespoke strategies. We can make sustainability a measurable, achievable reality for your business.
