Why Informa’s Faster Forward Sustainability Programme is the Future of Business
Sustainability has become a buzzword in the business world in recent years, with many companies recognizing the importance of incorporating sustainable practices into their operations. However, few have taken this commitment as seriously as Informa, a leading international events, intelligence, and scholarly research group.
Informa’s Faster Forward Sustainability Programme is not only a testament to the company’s dedication to sustainability but also an example of how businesses can lead the way in creating a better world. Here’s why.
The Importance of Sustainability in Business
Before diving into the specifics of Informa’s sustainability program, it’s worth exploring why sustainability is crucial in business. Consumers and stakeholders are increasingly interested in the social and environmental impact of the companies they engage with. In fact, a study by Accenture found that 62% of consumers want companies to take a stand on current and broadly relevant issues such as sustainability.
In addition, according to a report by the United Nations, the global population is expected to reach 9.7 billion by 2050, placing significant pressure on our planet’s resources and environment. Thus, adopting sustainable practices is not only the right thing to do but also essential for businesses to survive and thrive.
Informa’s Faster Forward Sustainability Programme
Informa’s Faster Forward Sustainability Programme is a comprehensive effort to reduce the company’s environmental impact, increase employee engagement and promote social responsibility. The program is organized around five pillars: Governance and Compliance, Sustainable Products, Climate Change, People and Community, and Responsible Sourcing.
Under the Governance and Compliance pillar, Informa has set strict targets and guidelines for carbon reduction, resource use, and waste management. The company is committed to using 100% renewable energy by 2030, and 90% of its carbon emissions are already in a reduction program.
Informa is also focused on creating sustainable products and services. The company has launched products such as its virtual and hybrid event platform, which significantly reduces carbon emissions compared to in-person events. Additionally, Informa is committed to reducing its water usage by 50% by 2025.
Informa recognizes that climate change is one of the biggest threats facing our planet today. As such, the company has implemented various initiatives to reduce its carbon footprint, such as designing buildings to increase energy efficiency and sourcing materials and products sustainably.
Not only is Informa committed to promoting environmental sustainability, but the company also takes great care in supporting its employees and communities. The company has adopted policies to ensure diversity, equity and inclusion are top priorities in the workplace. Additionally, Informa has a strong focus on social responsibility, supporting organizations that promote education and mental health.
The Future of Business
Informa’s Faster Forward Sustainability Programme is a prime example of how companies can take a leadership role in creating a sustainable future. By recognizing the importance of incorporating sustainable practices into their operations, businesses can not only improve their bottom line but also contribute to a better world.
More and more companies are recognizing this fact and taking steps towards sustainability. However, there is still a long way to go before we create a truly sustainable economy. As consumers and stakeholders demand more from companies, it is up to businesses to rise to the challenge and make a difference.
In conclusion, as the global population continues to grow, adopting sustainable practices is vital for businesses to survive and thrive. Informa’s Faster Forward Sustainability Programme is an excellent example of how companies can lead the way in creating a better world. By focusing on reducing environmental impact, promoting social responsibility, and creating sustainable products, businesses can be part of a more sustainable future.
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