CEOs from the largest US corporations redefine sustainability purpose to benefit all Americans
But what does this mean for big, or small, business?
Sustainability is a hot topic around the globe, and rightly so. Ongoing impacts from climate change, modern slavery and other social and environmental issues keep the topic front and centre of most businesses ensuring corporate sustainability programs have flourished. However, there continues to be some discrepancy between commitments to ethical business practices, including sustainability, and actual behaviours and performance.
Lenders of all shapes and sizes – banks, private equity partners and others – are using ESG criteria to help insulate themselves against risks to their reputations and bottom lines, while leveraging potential upsides. What this means to almost anyone in business who isn’t self-funded and is required to borrow capital is: you can expect to be asked a very broad and detailed set of questions regarding your company’s sustainability performance, and to demonstrate tangible proof as part of the loan or investment conditions.
As a result, companies across industries and asset classes are finding additional motivation to start their sustainability journey to maintain or access the monies required to continue to operate and grow their businesses.
RPS can help your company to implement a sustainability strategy that is fit-for-purpose for the size and scale or your business and the challenges and opportunities relevant to operating in your sector.
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