Insights on Sustainability and ESG Strategy for Private Companies
5 Proven Strategies to Reduce Scope 3 Emissions in Your Business
When B2B companies tackle Scope 3 emissions within their supply chain, focusing on clear strategies for engagement, support, and accountability can help achieve meaningful progress toward sustainability. Scope 3 emissions—those indirect emissions from sources outside an organization’s direct control, like suppliers, product use, and logistics—often comprise the bulk of a company’s carbon footprint.
Building Trust: The Role of Sustainability Policies in B2B Relationships
Building trust is essential in any business relationship, but in B2B environments where partnerships can last for years and even decades, it’s particularly crucial. Increasingly, companies in these sectors are finding that a robust sustainability policy can serve as a foundational tool in building and maintaining this trust.
Getting ESG Questions from Customers or Investors? Here's What to Do
Are you one of the companies experiencing an inbound rush of ESG-related requests? Are you seeing new ESG questions as part of the RFPs you’re filling out?
Private companies and the SEC’s proposed climate rule
On March 9, 2023, Eliza Erskine and Claire Veuthey hosted Kyra Ferber to talk about the U.S. Securities and Exchange Commission's (“SEC”) proposed climate-related disclosures. The following is a summary of Kyra’s presentation and our discussion that followed.
How You Can Implement The Triple Bottom Line
Implementing the Triple Bottom Line (TBL) means your company is considering profit, people and the planet in its activities. Read on to learn about how to build it into your business and the benefits of including Triple Bottom Line thinking in your strategy.
How Blue Dot uses Swag to Align Values with Impact
We’ve got a new blog series on values alignment as a superpower! What companies, trends, ideas are unlocking the values of companies to create more significant change? First up, we’re looking at the values engagement around swag. That’s right, branded merchandise and employee gifts. T-shirts, water bottles, the stuff you pile on employees to make them feel part of the team.
Why Your Sustainability Committee Needs Executive Support to Succeed
Sustainability has emerged as a critical area of focus for businesses. Companies increasingly recognize the importance of integrating sustainable practices into their operations to address environmental, social, and governance (ESG) issues. An effective committee requires more than just a group of dedicated employees; it necessitates strong support and buy-in from executive leadership. Here's why executive buy-in is essential for a sustainability committee and why forming such a committee is crucial for any company serious about sustainability.
How Shrewd VCs are Making the Most of ESG
It’s time for venture capital to start thinking about sustainability and find partners in the space, just as they would find and recommend other operational partners for portfolio companies. The opportunities related to sustainability are too significant to ignore.
How Investors and Advisors Can Influence ESG
Recent data from McKinsey shows companies with robust sustainability practices were more potent in these five areas: "top-line growth, lower costs, fewer legal and regulatory interventions, higher productivity, and optimized investment and asset utilization." For private companies, these sustainability outcomes are driven by and for the interest of employees and the executive team. But it's unwise to discount the role of private investors, advisors and other stakeholders in company growth, innovation and sustainability.