In short, social responsibility creates an excellent competitive advantage. Our team has worked with gyms, retail stores and other small enterprises wanting to leverage sustainability. I could attest to the reality as the owner of sustainable companies that small businesses have received the memo. For years, it seemed that corporations were the only ones making an effort toward social responsibility and sustainability. Social Responsibility Is No Longer Only For Corporations. And 73% are willing to change consumer habits in support of the environment. Also, 25% said they would pay 10% or more of the costs to ensure that packaging is recyclable and sustainable. In a survey from a packaging company, 74% of respondents say they're willing to pay more for sustainable packaging. However, that point belies that many consumers realize there is a serious problem trying to save our planet. One of the arguments against leaning toward sustainable solutions is cost. People Willing To Pay More For Innovation. Moreover, as younger generations push older generations to change because of the existential threat, brands will only get more heat if they don't participate in the circular economy in one or more aspects of their businesses. As we know, the digital age is global, immediate and calling out companies that don’t adhere to today’s sustainability norms. Business owners have to protect their brands. There's no going back to ignoring climate change, sustainability and social responsibility of companies.Ĭonsumer Awareness And Brand Protection. Consumers and workers, especially top performers, are aware that addressing climate change is a global effort that involves every government, company, organization and drills down to every family and individual. Why Do The Goals Of The Circular Economy Matter For Your Business?Įvery business, meaning every single one, has to address sustainability in its operations in some way. For starters, younger and smaller upstart brands are competing against the top brands by using sustainability and inclusion as competitive advantages. Fortunately, the fashion industry is waking up to the fact that it must adopt sustainability into its brands. Please see our booking conditions for information, or for more information about financial protection and the ATOL Certificate go to: ATOL protection does not apply to the other holiday and travel services listed on this website.More specifically, there is a lot of waste happening in the production of clothing and shoes. If you do not receive an ATOL Certificate then the booking will not be ATOL protected. This website will provide you with information on the protection that applies in the case of each flight before you make your booking. Some of the flights on this website are also financially protected by the ATOL scheme, but ATOL protection does not apply to all flights. If you do receive an ATOL Certificate but all the parts of your trip are not listed on it, those parts will not be ATOL protected. Please ask for it and check to ensure that everything you booked (flights, hotels and other services) is listed on it. When you pay you will be supplied with an ATOL Certificate. All the flight-inclusive holidays on this website are financially protected by the ATOL scheme.
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