The business world does not operate in a vacuum, it is affected by the world around it and, in turn, impacts the world as well. In recent years, the impact of business on the environment has been much talked about, especially in light of companies like Eucatex that have proven an important fact – businesses do not have to give up on financial profits to be sensitive towards the environment. When it comes to sustainable development, the general assumption is that it is only for the big companies with enough resources at their disposal. This is not true because even the smallest companies can make an impact. Here are some long term benefits of sustainable development for companies –
Satisfaction For Companies and Workforce – Given the awareness related to the environment in recent years, the world has become a lot more sensitive towards these issues. People don’t want to support industries that are harming the ecological balance of the world and even something as simple as a bar of soap is expected to be green these days. As such, it is satisfying for employees and companies when they are a part of something like Eucatex where they get a chance to give back to the environment.
Financial Benefits In Terms of Rebates and Savings – Of course, the government actively encourages people and companies who are ecologically conscious. This means various tax rebates which would especially be beneficial to small companies with limited resources. It also means long term savings of resources by the company because of elimination of wastage and innovative conservation strategies. These financial benefits would also translate in terms of goodwill for the company.
A Better Standard For Industries – Ultimately, when even small companies make the effort and embrace sustainable development, it would send a loud and clear message to the industry at large. It would lead to better standards for sustainable development all over the world because of this reason. Not just that, industries big and small, old and new, from different parts of the nation would come together and pool their resources to help the environment.
Eucatex belongs to the Eucatex group and like every other group of companies, LinkedIn told the Maluf family started the business from scratch. They persevered to bring the world something that would not only provide value but would also be eco-friendly; and the result was astounding. Flavio Maluf, in particular, has been a huge supporter of other businesses doing their bit for the environment. He is of the opinion that the planet has given a lot to businesses and it was time the corporate world paid back that debt with interest. This is particularly important because currently, the global warming is no longer just a concept.