Tuesday Nov 29, 2022

Moneypenny Identifies Four Corporate Sustainability Typologies in New Report Produced with WORKTECH – EIN News

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Moneypenny Report

A report has identified four approaches to sustainability

ATLANTA, GEORGIA, US, June 10, 2022 /EINPresswire.com/ — A report commissioned by Moneypenny and WORKTECH Academy has identified four different types of corporate approaches to sustainability, to help firms establish just how green they are, along with key guidelines on how they can contribute further to their ESG credentials and wider society.

ESG (Environment, Social and Governance) strategies have risen to the top of the agenda in all organizations globally, and employees and investors are demanding greater sustainability.

The new report, highlights the key challenges of sustainability, outlining how new ways of working are driving change in sustainability. To help organizations evaluate their ESG status and goals, the report identifies four green corporate typologies:

1. PLACE-MAKERS: Placemaking organizations use their office building as the canvas on which to display their green credentials and aims. They’re more likely to occupy green buildings, adopt smart technology, install recycling facilities, employ energy-efficient design, and introduce sustainable transport provisions, to improve their environmental impact on the world.
Companies adopting this approach frequently build new buildings, such as Google’s new campus in London’s King’s Cross, that has provision for more than 600 bicycles compared to just four car parking spaces.

2. CHANGE-MAKERS: This group, while still largely office-based, understands the value of influencing green behavior through social support and peer-to-peer encouragement. In the context of the post-pandemic workplace, change-makers will use the ‘return to office’ window of opportunity to encourage employees to modify behaviors in the workplace. These organizations, which include Coca-Cola, Intel, and eBay, empower employee-led initiatives in the workplace and have ‘green champions’ to drive that change.

3. CHOICE-GIVERS: Choice-givers are organizations that use new ways of working and flexible work policies to give employees the autonomy to work anywhere and make green choices for themselves, including outside of the office – such as working from home to reduce their carbon footprint through reduced travel. For example, printing giant Xerox Design allowed 8,000 of its 27,000 employees to work remotely full-time, resulting in its employees driving 92 million fewer miles and saving 4.6 million gallons of fuel, cutting CO₂ emissions by almost 41,000 metric tons annually.

Similarly, US-based computer company Sun Microsystems has allowed 24,000 employees to work from home since 2008, and calculates that office equipment energy consumption at a Sun office was twice that of home office energy consumption, and that the average commute for an employee into the office accounted for 98% of their carbon footprint.

4. ARBITRATORS: Arbitrators are the organizations extending sustainability beyond the office building, to the wider community on behalf of their workforce. These organizations understand that even if fewer people work from the office every day, they still have a degree of corporate responsibility for their employees – and they are likely to offer subsidized transport and smart home energy solutions for employees, as well as to run community-minded green initiatives.

For example, companies such as Google, Apple, Facebook and Johnson & Johnson provide subsidized sustainable transport for their employees via bike travel, group shuttle buses, and public transport. Other organizations, such as Goldman Sachs, have supported smart home energy solutions for employees, or subsidized residential recycling bins.

Moneypenny tips on how to calculate whether outsourcing will help reduce a company’s carbon footprint

• Start by calculating how many fulltime equivalent (FTE) team members are employed to undertake communications tasks such as answering the phone, handling live chat, or reception duties within your business? FTE is calculated as 8 hours per day …….

Source: https://www.einnews.com/pr_news/576202660/moneypenny-identifies-four-corporate-sustainability-typologies-in-new-report-produced-with-worktech

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