How much does it cost for your company not to invest in sustainability?
3 areas on which the expenses of a lack of investment in sustainability impact
Today, for a company, starting a path of environmental sustainability is not just a competitive advantage, it is also an opportunity to reduce costs and lost revenues.
In this guide, we have identified 3 areas of the company that are generally not directly linked to sustainability, but which can lead expenses In addition related to scarce environmental performance.
- Insurance premiums: insurance companies recognize a lower risk profile to companies with good sustainability performance. This translates to lower insurance premiums for these companies.
- Interest on loans: companies engaged in sustainable practices, which for example have calculated their emissions and initiated reduction interventions, guarantee greater security for lenders and financial institutions.
- Staff Retention: 1/5 of the staff of a company would seriously consider Change job, if the current one does not demonstrate a commitment to sustainability.
Annual expenditure due to poor environmental performance
So, How much does it cost not to invest in environmental sustainability?
The expense that you are incurring every year, deciding not to invest in sustainability, varies between 4.49% and 9.74% of your turnover. Clearly this is a Indicative range, in detail these percentages vary depending on type of activity, of marketplace And of the sector where the company operates.
Detailed information, with respect to the type of activity (industry or services) and the reference market of your company (B2B or B2C), can be found in the guide created by the Up2You Insight team.
